Malaysia, Kenya, Paraguay and Ecuador are the latest entrants to the World Logistics Passport
The World Logistics Passport (WLP), a global, private sector-led initiative designed to smooth the flow of international trade and unlock market access, recently welcomed ten new countries at its inaugural Global Summit.
The Summit hosted a mix of CEOs, government ministers and representatives of leading international trade bodies to further international cooperation, offering businesses the right conditions, information and incentives to unlock the full potential of global trade.
As the world’s first global freight loyalty scheme, WLP offers members access to three tiers of benefits –silver, gold and platinum–provided by a range of WLP partners including airport authorities, port operators, customs services and others that help to make supply chains more efficient.
“The WLP is helping countries grow their economies and create jobs, facilitating access to new markets and increasing the resilience of the global supply chain in the process,” commented Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World.
The decision of the Kenyan International Freight and Warehousing Association (KIFWA) to join the WLP as the first partner in Kenya lays the foundations for the launch of Kenya as a hub for East Africa.
The South African Association of Freight Forwarders (SAAFF) has also joined the WLP as a partner. It will help to expedite the full operations of South Africa as a hub country through the SAAFF’s ability to mobilize leading South African freight forwarders and logistics companies to join as Members.
In Latin America, both Paraguay and Ecuador will now be able to further diversify their exports, adding new international destinations for traders.
Malaysia’s Johor Port and India’s Delhi International Airport also joined the WLP as new strategic partners in Asia.