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DPA signs MoU with Port of Houston Authority

posted on 30/10/2002: 783 views

Dubai Ports Authority (DPA) signed a memorandum of understanding for trade cooperation with the Port of Houston Authority (POHA) to enhance and promote trade between the UAE and the US. The memorandum was signed by Sultan bin Sulayem, Executive Chairman of Ports, Customs and Free Zone Corporation (PCFC), and Kase L. Lawal, vice-chairman of POHA, a press release from PCFC said. DPA and POHA share similarities in their structure and main trading commodities. Both ports will conduct programmes and activities to promote closer relationship as well as trade between their two countries.

Bin Sulayem said that DPA currently handles considerable re-exports of cotton and base metals from the CIS countries and the sub-continent, adding that both DPA and Jebel Ali Free Zone are important commercial aspects of the Dubai's business infrastructure. POHA owns and operates the public facilities located on the Houston Ship Channel and is the ship channel's official sponsor, according to a report in "Khaleej Times.” These facilities were designed for handling general cargo, containers, grain and other dry bulk materials, project and heavy-lift cargo. It is a 25-mile-long complex ranked first in the US in foreign waterborne commerce. Lawal expressed hope in setting up joint projects between the two countries in the future, the release said. (The Emirates News Agency, WAM)


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