Dubai Tea Trading Centre
The Middle East and adjacent regions account for approximately 25% of global tea imports and Dubai is already an important regional centre for tea value adding and trans-shipment. With the prospect that a number of the regional tea markets will in the future become more open to freer participation in international trade, there is an opportunity for Dubai to substantially strengthen its role as a focal point for this trade. The Dubai Tea Trading Centre (DTTC) has been conceived as a vehicle to facilitate this process. DTTC is a dedicated facility in Dubai at which international tea producers and merchants can hold stocks of tea that will be readily available to meet the immediate requirements of importers in the Middle East and adjacent regions. Enabling availability of a variety of teas from multiple origins, DTTC offers convenience to tea purchasers, whilst promoting the interests of exporters. DTTC members include tea producers, exporters, regional importers and international merchants. DTTC is located at an existing warehouse facility within the Jebel Ali Free Zone (JAFZA) and is in the process of building its own dedicated facility. The planned new centre has already won the enthusiastic support of tea industry participants, both in terms of suppliers as well as buyers. Through the creation of DMCC’s industry specific initiatives, such as the Dubai Commodity Receipt (DCR), coupled with the development of DTTC, the value and volume of commodities traded in and through Dubai is expected to increase significantly. Strategically at the cross roads of trade and commerce between East and West, DTTC is ideally positioned for the trade of Tea.Email: enquiries@dttc.ae
Website: http://www.dmcc.ae/en/soft-commodities/tea/dubai-tea-trading-centre-2.html
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