Several Chinese logistics firms are entering the Saudi market: Al Jasser awarded several Chinese logistics firms licenses to operate in Saudi Arabia, Saudi Press Agency reported. The companies included Kerry Logistics, Almajdouie Sinotrans Middle East, JD Logistics, and Cainiao-Alibaba Group.
Deputy Transport Minister Rumaih Al Rumaih also inked agreements with Cainiao-Alibaba Group, J&T Express , and iMile to offer short-address services in Saudi Arabia. Short addresses are streamlined shipping addresses made up of four digits and letters to make shipping processes easier, according to Saudi Post.
The two sides also inked an MoU to boost cooperation on modern transport: Saudi Transport and Logistics Services Minister Saleh bin Nasser Al Jasser signed an MoU with his Chinese counterpart Li Xiaoping to boost cooperation in modern transportation, SPA reported separately. This came during the Global Sustainable Transport Forum in Beijing.
The details: The agreement will see the two sides work to strengthen bilateral cooperation in the port sector, and promote the exchange of expertise on modern transportation methods, smart shipping, and smart ports.
It’s not just China: The two ministers also met with several high-level officials from Pakistan, Oman and China on the sidelines of the World Forum for Sustainable Transport in Beijing:
- Al-Jasser met with Chairman of the Board of Directors of COSCO Wan Min to discuss strengthening cooperation between them, as well as exploring potential investment opportunities;
- Al Jasser also touched on areas of common interest in the transportation and logistics sector with Chinese Trade Minister Li Fai ;
- and held a meeting with Omani Transport, Communications and Information Technology Minister Said Al Maawali to discuss transportation and logistics services.
- Meanwhile, Al Rumaih discussed with Pakistan’ Communications Minister Muhammad Khurram Agha ways to boost transportation and logistics ties.
ALSO FROM THE FORUM- U AE + China eye stronger bilateral relation s in transport and logistics: EmiratiEnergy and Infrastructure Minister Suhail bin Mohammed Al Mazrouei met with Chinese Transport Minister Li Xiapoeng to discuss ways to boost cooperation in transport and logistics, during his delegation’s visit to the country to attend the forum, Emirati news agency WAM reports. Al Mazrouei led a delegation that included representatives from AD Ports and Etihad Rail, and held bilateral meetings with several public and private firms in China to explore avenues for cooperation and exchange of expertise, the news agency reports.
The UAE is also keen to boost cooperation with China in the field of sustainable transport, Al Mazrouei said in a speech during the forum, the news agency reports.