World Logistics Passport expands to Mexican ports
The General Coordination of Ports and Merchant Marine of Mexico reported that the meeting with WLP seeks to facilitate trade and encourage service operators to join the program that covers the entire commercial ecosystem from transport and logistics to the financing of the trade.
World Logistics Passport (WLP), the global initiative proposed by the United Arab Emirates for companies and governments to improve their existing trade routes and develop new ones, followed up in Mexico on the implementation of the “World Logistics Passport” that seeks better connectivity in the ports of Altamira, Veracruz, Coatzacoalcos, and Salina Cruz through the Interoceanic Corridor.
In addition, the WLP seeks to overcome non-tariff trade barriers by offering financial and non-financial benefits, such as rapid tracking of cargo movement, reduction of administrative costs, advancement of merchandise information, and facilitation of cross-border trade.
Only the World Logistics Passport has the scale and capabilities to develop partnerships with key logistics entities while ensuring the support of customs authorities and key government ministries, WLP said in a statement.
The initiative is helping to reimagine how goods and services move around the world, build resilience in global supply chains and remove barriers that prevent economies from trading as freely as they could, he added.
It was established to overcome trade impediments that limit trade growth and build logistics bridges between manufacturing hubs in Asia, Africa, and Central and South America. To date, WLP’s networks include countries in Latin America, Africa, the Middle East, and Asia, with more global trade centers being registered each month.
Source: Mexicoxport