Geneva, March 4, 2024 – The International Federation of Freight Forwarders Associations FIATA is pleased to announce its partnership with World Logistics Passport (WLP), a global initiative to facilitate seamless trade flow between traders, freight forwarders and key players in the supply chain through its logistics loyalty program. This partnership announcement coincides with the start of the 2024 FIATA-RAME Field Meeting in Dubai, United Arab Emirates, where WLP is headquartered, and which will discuss these key topics in the region and in the global logistics arena.
The cooperation between FIATA and WLP marks an important milestone in the promotion of international trade. Through this partnership with FIATA's large global network of over 40,000 freight forwarding and logistics companies in 150 countries, both companies aim to support their respective members in simplifying trade processes. WLP overcomes non-tariff trade barriers by offering financial and non-financial benefits such as fast tracking of cargo movements, reduced administrative costs, improved cargo information and facilitation of cross-border trade, all of which can benefit FIATA members.
FIATA CEO Stefan Graber said of the partnership: “This collaboration is in line with FIATA's mission to promote global standards and overcome geographical barriers to facilitate trade. WLP and FIATA work together towards the common goal of promoting trade through networks and cooperation. The world is becoming increasingly complex with environmental and political crises disrupting supply chains. Trade facilitation is key to ensuring the smooth movement of goods around the world. To achieve a sustainable and efficient supply chain, we must bring people together, which is the shared goal of FIATA and WLP. Members will benefit from best practices and practical contributions to simplify trade procedures, leading to better communication and faster movement.” Dr. Graber was a high-level speaker at the opening of the WLP 2023 Global Summit in November and highlighted the growing importance of trade corridors and engaging various stakeholders to work together to improve logistics efficiency and remove bottlenecks. The importance of building trust between stakeholders and the role that international organizations such as FIATA can play were also highlighted.
Mahmoud Al Bastaki, General Manager of World Logistics Passport, commented on the partnership, stating: “The FIATA partnership will give WLP members access to a large global network of over 40,000 freight forwarding and logistics companies in 150 countries. Their mission is to facilitate seamless trade. flow, WLP facilitates collaboration between traders, forwarders and key players in the supply chain, expanding existing and creating new opportunities for international trade. The WLP reflects FIATA's vision of promoting globalization and breaking down barriers to facilitate trade. Together with FIATA, this collaboration will offer new market opportunities, industry knowledge and global project collaboration.”
FIATA looks forward to the fruitful collaboration it will have with WLP and the benefits of the loyalty program it can provide to its members, who can read more and register for World Logistics Passport here.
About FIATA
The International Federation of Freight Forwarders Associations FIATA is a non-governmental membership organization representing freight forwarders in approximately 150 countries. FIATA's membership consists of 114 member associations and more than 6,000 individual members, collectively representing an industry of 40,000 freight forwarding and logistics companies worldwide. Geneva-based FIATA is the "global voice of freight logistics" www.fiata.org
About WLP
The World Logistics Passport (WLP) is a global initiative launched in 2020 at the World Economic Forum in Davos. The initiative is aimed at removing trade barriers and smoothing trade flows through the network. This is the world's first logistics loyalty program for traders and forwarders.
WLP focuses on addressing industry-specific supply chain bottlenecks. WLP works with public and private sector logistics partners in 20 global hubs to customize benefits that deliver cost-effectiveness to members. These benefits help reduce costs, save time and gain access to new market opportunities. The WLP's mission is to increase bilateral trade and economic development of the countries within the network.
For more information, visit www.worldlogisticspassport.com