Dubai’s WLP signs 2 MoUs with Thailand to accelerate logistics businesses

  • Date: 17-Feb-2023
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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Dubai’s WLP signs 2 MoUs with Thailand to accelerate logistics businesses

The World Logistics Passport (WLP), a global initiative led by Dubai to facilitate world trade, has signed two Memoranda of Understanding (MoUs) with the Thai Logistics Service Provider Federation (TLSPF) and the Thai National Shippers’ Council (TNSC).

The objective of the MoUs is to promote the growth of logistics businesses for exporters and shippers in Thailand, enhance trade opportunities, and reduce costs through the WLP’s global network of international traders and freight forwarders.

Mr. Mahmood Al Bastaki, General Manager of World Logistics Passport, Mr. Suwit Ratanachinda, President of TLSPF, and Dr. Chaichan Chareonsuk, Chairman of TNSC signed the MoUs at a ceremony held at Anantara The Palm Dubai Resort.

It was attended by Mr. Jurin Laksanawisit, Deputy Prime Minister of Thailand and Minister of Commerce, and Mr. Sultan Ahmed Bin Sulayem, Chairman of Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and member of the WLP Steering Committee, and other senior representatives from Thai delegation, DP World and WLP.

Mr. Al Bastaki expressed his pleasure in welcoming the TLSPF and TNSC to the WLP initiative and emphasized the importance of these strategic partnerships for the expansion of the WLP into the Southeast Asia market.

Mr. Ratanachinda added that this MoU marks the beginning of a