(MENAFN) Saudi Arabia is taking steps to enhance its logistical connectivity and solidify its position as a regional hub by integrating its air and sea transport networks. In a significant move, three government agencies, namely the Saudi Ports Authority (Mawani), the General Authority of Civil Aviation, and the Zakat, Tax, and Customs Authority, have signed a memorandum of understanding. The objective is to streamline the movement of goods by sea and air, ultimately bolstering the Kingdom's standing on the global logistics map, as reported by the Saudi Press Agency.
This agreement is expected to bring about several positive outcomes. Firstly, it aims to upgrade the logistics and customs services within Saudi Arabia, facilitating smoother and more efficient operations. Additionally, it will contribute to the nation's foreign trade expansion and overall economic development. By working together, the parties involved will focus on integrating freight operations at air and sea terminals, capitalizing on Saudi Arabia's strategic geographical location.
Furthermore, the memorandum of understanding highlights the joint effort to address challenges and obstacles that may hinder the seamless delivery of services in the realm of cargo transportation. By identifying and resolving these underlying issues, the aim is to optimize the efficiency of the logistics network and improve the overall trade ecosystem. The agreement also emphasizes the importance of fostering partnerships between public sector entities, encouraging collaboration and synergy among different government agencies.
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