The UAE holds No. 1 rank amongst
Arab economies and sixteenth overall on the Enabling Trade Index (ETI)
2014 with a score of 5, according to World Economic Forum.
According to the report, the pillars of the scores
(1-7): 1- Domestic Market Access, 2- Foreign Market Access, 3- Efficiency and
transparency of Border Association Administration, 4- Availability and quality
of transport Infrastructure, 5- Availability and quality of transport services,
6- Availability and use of ICTs and 7- Operating Environment.
The report says the UAE’s success in establishing a logistics, trade and tourism hub in the region is reflected in its strong positioning on the ETI. The UAE also boast a very efficient border administration system and an operating environment that is very conducive to trade, with easily accessible finance and ease of hiring foreign labour.
The report says the UAE’s success in establishing a logistics, trade and tourism hub in the region is reflected in its strong positioning on the ETI. The UAE also boast a very efficient border administration system and an operating environment that is very conducive to trade, with easily accessible finance and ease of hiring foreign labour.
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