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Dubai unveils loyalty scheme to lure transshipment cargo from Europe

DUBAI has launched a loyalty scheme for shippers and forwarders, called World Logistics Passport (WLP) an initiative from Dubai's Customs World, to capture premium 'south-south' transshipment cargo from Europe, reports London's Loadstar

11 February 2020 - 19:00

DUBAI has launched a loyalty scheme for shippers and forwarders, called World Logistics Passport (WLP) an initiative from Dubai's Customs World, to capture premium 'south-south' transshipment cargo from Europe, reports London's Loadstar.

'It incentivises companies and traders to use Dubai's world-class multimodal facilities in return for cost and time savings and enhanced customs clearance,' said DP World chairman and CEO Sultan Ahmed Bin Sulayem.



'This increases the ease of moving goods in Dubai and will foster more optimal direct trade routes between Latin America, Africa and Asia than going via Europe,' he said, adding that Emirates and Dnata also support the scheme.



Trade between emerging markets in the southern regions is expected to represent 30 per cent of global trade by 2030, up from 25 per cent, said Mr Sulayem, noting that south-south trade represented more than half of all developing economies' exports in 2018.



'But unlocking further growth in trade in these emerging markets, and the economic development that comes with it, depends on overcoming the non-tariff barriers that limit growth, such as logistics inefficiency,' he said.


WORLD SHIPPING

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