Customs World, a subsidiary of the Ports, Customs and Free Zone Corporation, has signed an agreement with the Indonesian Logistics and Forwarders Association, to share information that benefits both parties in order to boost the bilateral exchange of goods between the two countries through the use of the World Logistics Passport (WLP) programme.

This programme is one of the initiatives of the Dubai Silk Road strategy. It is a trading catalyzer that brings together private and public entities under an exclusive programme through multiple hubs and transportation methods.

It will help WLP members reduce cost, improve operational efficiencies and open opportunities to new markets.

The agreement was signed during a recent visit by Nadya Abdulla Kamali, CEO of Customs World, to the Indonesian capital, Jakarta.

"We are happy to have signed the mutual trade agreement with the Indonesian Logistics and Forwarders Association and to have launched the WLP, which will enhance trade activities between Dubai and other countries. We are developing the initiative, so more features and advantages will be added to the initiative based on market needs and aspirations," remarked Kamali.

In Jakarta, she also met key stakeholders of both the public and private sectors to promote Dubai and the products and services of Customs World.

Kamali later discussed ways on how Customs World could assist in enhancing the facilitation of trade in the region through the use of the Dubai Silk Road Project and RIISE, the disruptive new customs platform.

The Dubai Silk Road is the first article in the Fifty-Year Charter, which was launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to cement Dubai as a strategic hub of global trade.

Kamali also met the Director-General of the Indonesian Customs Authority, Heru Pambudi where she introduced the Dubai Silk Road initiative and then delivered a presentation on RIISE.

"RIISE is built with a vision to be the number one partner of choice for governments to protect their borders and facilitate trade following the standards and requirements of the World Trade Organisation, SAFE and Kyoto. It is a disruptive option to a stale market currently monopolised by companies with a 1990s mentality dumping legacy technology and rebranding old processes," she added.

Other meetings were also held with the customs and port authorities, Ministry of Finance, Ministry of Trade and Ministry of Economy to present the Dubai Silk Road and the WLP.-TradeArabia News Service