“We aspire to forge closer economic ties and harness our collective experience”
Israel has joined the “World Logistics Passport” (WLP), a major political initiative initiated by the United Arab Emirates aimed at accelerating and increasing business opportunities among emerging markets.
As the tenth country to enter the WLP, Israel now sits alongside recent member countries including India, South Africa and Indonesia.
The signing ceremony took place virtually in the presence of Sultan Ahmed Bin Sulayem, President of the Dubai Ports, Customs and Free Zone Corporation (PCFC), and Amir Shani, Vice President of the Federation of Chambers of Commerce Israeli.
“Today, we welcome the Federation of Israeli Chambers of Commerce to the World Logistics Passport, as we strengthen and enhance the ties between our two nations,” Ahmed Bin Sulayem said.
“Through WLP, we aspire to forge closer economic ties and harness our collective experience, to open up new business opportunities for Israel with the world, through Dubai and with Tel Aviv as a major logistics center,” he said. -he adds.
Trade between Dubai and Israel reached a value of AED 1 billion (€ 224 million) between September 2020 and January 2021. This included 6,217 tons of sea and air freight moving between the two countries.
“We are very happy to join World Logistics Passport’s global network as a partner. We believe our members will greatly benefit from this global incentive program to expand their business opportunities,” responded Amir Shani.