The World Logistics Passport (WLP) has signed a MoU with the Bahraini Ministry of Transportation and Telecommunications, bringing another GCC state into the Dubai-administered global freight loyalty programme as a Gateway participant, thereby enhancing Bahrain’s access to global markets and offering businesses direct benefits.

 With Bahrain’s exports to the UAE’s increasing by almost a three-fold between 2016 and 2019, and 30 per cent of the country’s total exports landing on Emirati shores in 2019, the new agreement ensures that Bahraini traders and businesses are well placed to maximise the benefits associated being a WLP Gateway. Direct benefits of the deal include fast-tracking of cargo movement, reducing administrative costs, advancing cargo information, and facilitating trade across borders.

The Bahraini Ministry of Transportation and Telecommunications will act as a coordinating partner, bringing traders and freight forwarders onboard the WLP programme.

After the signing ceremony, Kamal Mohammed said: “Bahrain has long been known for its business- friendly environment and transparent regulations and our integrated logistics industry is one of the areas which we believe offers true value to businesses. This new agreement will further enhance this offering and we are confident that the private sector will leverage this opportunity,” he stated.