UAE Business: Study highlights World Logistics Passport benefits – Gulf Digital News

UAE Business: Study highlights World Logistics Passport benefits – Gulf Digital News

Various trade advantages and business opportunities offered by the World Logistics Passport were highlighted by the latest Global Freight Resilience Index (GFRI).

The study also said the UAE has been improving and strengthening its logistics resilience over the past three years, thanks to various initiatives to remove trade barriers and promote investments in technology and infrastructure, consolidating the country as a global trade hub.

Whiteshield, a global strategy and public policy advisory firm, presented the index during the Global Freight Summit, organised by DP World in Dubai.

The GFRI is an annual study that covers two main pillars such as Policy Opportunity and Freight Performance, and it highlights areas that governments and private sector should prioritise to enable collective action and coordination to build resilience, mitigate risk and promote inclusive growth, especially amongst most vulnerable communities.

According to the study, the World Logistics Passport (WLP) is one of the key initiatives, launched at the World Economic Forum in Davos in 2020 and that is now present in 45 countries, creating a strong network of players to smooth the trade flows.

Whiteshield collaborated with WLP to hold a VIP session at the event that was hosted by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Steering