Eng. Mahmood Al Bastaki Chief Executive Officer, Dubai Trade

Sunday 29 th Sept, 2013

UAE Trade at the global scene….

USD 18.5

Bn USD 51 BN USD 156 BN North America USD 3.5 Bn USD 20.2 BN Europe Asia Africa South America USD 3.2 BN Australia *Source National Bureau of statistics UAE

Non Oil Trade between UAE & Ecuador Value in AED

100 000 000 90 000 000 80 000 000 70 000 000 60 000 000 50 000 000 40 000 000 30 000 000 20 000 000 10 000 000 0 Re-export Export Import Total 2007 1 759 152 9 459 809 44 333 677 55 552 638 2008 5 116 589 15 249 133 13 689 618 34 055 340

*Source National Bureau of statistics UAE

Exports to Ecuador almost tripled within 5 years.

2009 14 965 597 5 407 080 8 859 920 29 232 597 2010 10 264 846 14 483 547 7 784 681 32 533 074 2011 7 930 374 30 466 867 11 342 606 49 739 847

Major Commodities Traded 2011 - Import

1 FOODSTUFFS, BEVERAGES, AND TOBACCO 2 WOOD 3 LIVE ANIMALS AND THEIR PRODUCTS 4 VEGETABLE PRODUCTS

Major Commodities Traded 2011 - Export

1 BASE METALS.

2 CHEMICAL PRODUCTS.

3 PHOTOGRAPHIC, MEDICAL, MUSICAL INSTRUMENTS & PARTS.

4 PLASTICS & RUBBER

Major Commodities Traded 2011 – Re-Export

1 MACHINERY AND PARTS 2 TEXTILES AND TEXTILE ARTICLES.

3 CHEMICAL PRODUCTS.

4 VEHICLES.

Trade routes between Dubai & Ecuador

JFK MAD HAM PUS JEA GYE Transit Time by Sea: (Example) JEA – HAM – GYE – Approx. 55 days JEA – PUS – GYE – Approx. 60 days Transit Time by Air: (Example) DXB – MAD – GYE – 22 hours DXB – JFK – GYE – 28 hours JEA – Jebel Ali, UAE; DXB – Dubai, UAE; GYE – Guayaquil, Ecuador; HAM - Hamburg, Germany; PUS – Busan, Korea; MAD – Madrid, Spain; JFK – New York, USA

Use Dubai as the regional trading hub

Map of UAE Imports by countries

*Source: Doing Business report 2013

Transit time from Dubai by Sea & Air

Sea Transit times for major import countries Transit Time by Air: 2 Hours 5 Hours 8 Hours Transit Time by Sea: 2 days 4 days 8 days

*Source: Sailing schedules from major Shipping lines

..

Soft Infrastructure participants

Chamber of Commerce Permit Authorities Exporters & Importers & Customs Brokers Long queues at counters Sea Port Operator Free Zone Companies Paper intensive Air Cargo Handlers Lack of transparency and standardised procedures Transport Companies Company Licensing Authorities Customs Authority Financial Institutions Shipping Lines & Agents Insurance Companies

Dubai Trade Portal

Exporters & Importers Free Zone Companies Freight Forwarders & Customs Brokers Shipping Lines & Agents Transport Companies

Dubai Trade Overview DEFINITION

• The premier trade facilitation entity of Dubai that looks at simplification and

harmonization of processes involved in the movement of goods VISION MISSION

• Transform the end to end trade supply chain and to establish Dubai as the

leading trading & logistics hub of the world.

• Make trade easier, faster and cost effective for all stakeholders through

continued improvement of business process and application of technology.

Portal Transactions

18 000 000 16 000 000 14 000 000 12 000 000 10 000 000 8 000 000 6 000 000 4 000 000 2 000 000 0 7 362 745 Over 750 eServices 9 123 435 11 483 399 12 346 942 2008 2009 2010 2011 14 880 822 2012 16 255 354 2013*

Registered Companies

140000 120000 100000 80000 60000 40000 20000 0

Licensing Authority

DED (Dubai Local) JAFZA DAFZA TECOM DMCC Others

No. of Companies

76830 7773 1645 1573 1197 2459 -20000 2003 Companies 118 2004 1033 2005 2343 2006 4475 2007 2008 2009 2010 2011 2012 2013* 6796 10410 18235 37212 51400 72077 91477

Dubai Trade Portal

Dubai Trade Value Added Services Rosoom Electronic Payment Gateway Trade Shield - Marine Cargo Insurance Certified Trade & Logistics Professional Vessel Sailing Schedules Emirates Sky Cargo

Expo 2020

Connecting minds creating the future 25 Million expected visitors 300,000 jobs to be created

Call for Action

Shipping lines to explore Ecuador as a potential gateway to the west coast of Latin America.

Given the rich variety of perishables exported out of Ecuador, Air carriers to consider establishing direct service between Ecuador & Dubai.

Pro Ecuador to facilitate Ecuadorian companies to establish a presence in Dubai.

Pro Ecuador to promote Dubai Trade portal services amongst Ecuadorian Exporters/Importers for end to end visibility of cargo