UAE can weather tariff storm

But officials call for systems that can withstand future shocks

- Waheed Abbas

The UAE officials have said it is too early to gauge the impact of the global tariff war and they are “monitoring the situation closely”.

However, they are hopeful and confident of navigating the impact of this new crisis.

They pointed out that there might be some trade flow shifts, and called for putting in place a system that can help cargo and aviation industries deal with these kinds of challenges.

Badr Abbas, division senior vice-president of Emirates SkyCargo, said the industry has “faced significant disruptions, making resilience and adaptability top concerns” in recent years. “This continues as we navigate various global trade headwinds, including tariffs. We won't speculate on the impact of tariffs on global trade just yet, but our collective focus as an industry needs to be on building systems that can withstand future shocks, whether geopolitical, economic or environmental,” Abbas said during a speech at the three-day World Cargo Symposium which began at the Dubai World Trade Centre on Tuesday.