20 countries welcomed the joining of the "Global Logistics Passport" initiative - the initiative announced by the UAE on the sidelines of the fiftieth session of the World Economic Forum in Davos.
The Minister of Economy Sultan bin Saeed Al Mansoori stressed that the Global Logistics Passport initiative launched by the Dubai government during the World Economic Forum 2020 provides a distinguished example of the pioneering model that the UAE is pursuing to achieve its development vision based on openness and cooperation with various countries of the world.
"The initiative demonstrates the UAE's intention to advance economic development efforts globally with its partners, and its continued establishment of new ties to support trade at the international level, by enhancing trade capabilities, especially in the logistical sector, and facilitating the movement of goods, transportation, shipping and supply services through global trade corridors," Al-Mansouri said. Through employing advanced infrastructure and modern technology applications that characterize Dubai and the United Arab Emirates, to develop an effective network to serve global trade and link commercial centers more efficiently. "
"The initiative can provide value to many countries worldwide and change the development of the shipping industry by creating the necessary technologies and capabilities and developing new paths for trade linking the East with the West and strengthening the position of Dubai and the UAE in supporting global trade and economy, which represents an important axis in the development strategies that Adopted by the UAE, and in line with the new directives announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to work to make Dubai the capital of the new economy in the region and reach two trillion dollars as an ambitious target for traders Foreign non-oil to Dubai in 2025 ".