FIATA partners with World Logistics Passport to strengthen and facilitate global trade
Geneva, 4 March 2024 – FIATA International Federation of Freight Forwarders Associations is pleased to announce its partnership with the World Logistics Passport (WLP), a global initiative aimed at promoting seamless trade flow among traders, freight forwarders, and key supply chain players through its logistics loyalty program. This partnership announcement coincides with the commencement of the 2024 FIATA-RAME Field Meeting in Dubai, United Arab Emirates, where the WLP is headquartered, and at which these key themes in the region and on the global logistics playing field will be discussed.
The collaboration between FIATA and WLP marks a significant milestone in advancing international trade facilitation. Through this partnership, with FIATA's vast global network comprising over 40,000 freight forwarding and logistics companies across 150 countries, the two aim to support their respective members in easing trade processes. The WLP overcomes non-tariff trade barriers through the offering of financial and non-financial benefits such as fast-tracking of cargo movement, reducing administrative costs, advancing cargo information and facilitating trade across borders, all of which can benefit FIATA Members.
FIATA’s Director General Stéphane Graber said of the partnership: “This collaboration aligns with FIATA's mission to promote global standards, and overcome geographical barriers to ease trade. WLP and FIATA are synergistically work together on the common goal of facilitating trade through networks and collaboration. The world is getting more and more complex due to environmental and political crises, disrupting supply chains. Trade facilitation is key to ensuring the seamless movement of goods around the world. To achieve a resilient and efficient supply chain we must bring people together, which is the common objective of FIATA and WLP. Members will benefit from best practices and practical inputs of trade facilitation resulting in better connectivity and accelerated movement”. Dr Graber was a high-level speaker on the opening panel of the 2023 WLP Global Summit in November, and emphasised the growing importance of trade corridors and bringing different stakeholders to collaborate to increase the efficiency of logistics and address bottlenecks. The importance of building trust between stakeholders and the role that international organisations like FIATA can play, were also highlighted.
Mahmood Al Bastaki, General Manager of World Logistics Passport, commented on the partnership, stating, "FIATA’s partnership will provide WLP members access to a vast global network of over 40,000 freight forwarding and logistics companies across 150 countries. With its mission of promoting seamless trade flow, WLP fosters collaboration among traders, freight forwarders, and supply-chain key players, enhancing existing and creating new opportunities for international trade. WLP mirrors the vision of FIATA to promote globalization and overcome barriers to ease trade. Together with FIATA, this collaboration will offer new market opportunities, industry insights, and global project collaboration."
FIATA looks forward to the fruitful collaboration that it will have with the WLP, and the loyalty program benefits that it can bring to its members, who can read more and sign-up to the World Logistics Passport here.
About FIATA
FIATA International Federation of Freight Forwarders Associations is a non-governmental, membership-based organisation representing freight forwarders in some 150 countries. FIATA’s membership is composed of 114 Associations Members and more than 6,000 Individual Members, overall representing an industry of 40,000 freight forwarding and logistics firms worldwide. Based in Geneva, 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 designed to address trade barriers and smoothen the flow of trade across the network. It is the world’s first logistics loyalty programme for traders and freight forwarders.
WLP focuses on addressing industry specific supply chain bottlenecks. WLP works with logistics partners from public and private sector across 20 global hubs to customize benefits that provide members with economic efficiencies. These benefits help reduce cost, save time, and gain access to new market opportunities. WLP’s mission is to increase bilateral trade and grow the economy of the countries within the network.
For more information, visit www.worldlogisticspassport.com
Media Contact
Amanda Stock