SAUDIA Cargo and China Cargo Airlines have signed a Memorandum of Understanding (MoU) that will aim to develop interline agreements and capitalise on trade growth between Saudi Arabia and China.
In a press release, the two cargo firms said the agreement aimed to forge a strategic alliance: 'The partnership aims to optimise export operations, provide advanced logistics services, and capitalise on growing global market demands, aligning with Saudi Vision 2030 and China's Belt and Road Initiative, ensuring resilient supply chains in today's interconnected world.'
Loay Mashabi, chief executive and managing director of saudia Cargo, said: 'This MoU with China Cargo Airlines represents a significant milestone for Saudia Cargo. We are setting our sights on elevating shipping capabilities and broadening our export footprint in the Chinese markets.'
Wang Jianmin, president of China Cargo Airlines, added: 'We firmly believe that by uniting our strengths and resources, we can generate substantial value for our customers, enhance trade connectivity between Asia and the Middle East.'
The two companies will establish an executive team comprised of representatives from both organisations to implement the MoU.
SeaNews Turkey
In a press release, the two cargo firms said the agreement aimed to forge a strategic alliance: 'The partnership aims to optimise export operations, provide advanced logistics services, and capitalise on growing global market demands, aligning with Saudi Vision 2030 and China's Belt and Road Initiative, ensuring resilient supply chains in today's interconnected world.'
Loay Mashabi, chief executive and managing director of saudia Cargo, said: 'This MoU with China Cargo Airlines represents a significant milestone for Saudia Cargo. We are setting our sights on elevating shipping capabilities and broadening our export footprint in the Chinese markets.'
Wang Jianmin, president of China Cargo Airlines, added: 'We firmly believe that by uniting our strengths and resources, we can generate substantial value for our customers, enhance trade connectivity between Asia and the Middle East.'
The two companies will establish an executive team comprised of representatives from both organisations to implement the MoU.
SeaNews Turkey
