Dubai: World Cargo Summit 2023 & Caspian Week Forum Unite for Greater Caspian Trade & Logistics Growth

2023-08-21 08:26:21

Dubai: «Gulf»

DP World Group has partnered with Greater Caspian Association, Intigral Group and the annual Caspian Week Forum, to host a joint event at the World Cargo Summit 2023 in Dubai.

This event represents a significant development in the process of raising the efficiency of logistics and trade services in the Greater Caspian Sea region and confirms the strong commitment of the DP World group to support the growth of the region.

Cooperation between the DP World Group and the Caspian Week Forum began in November of last year with the signing of a memorandum of understanding during the World Shipping Summit 2022 to explore opportunities for cooperation in the greater Caspian region.

The Caspian Week Forum, the conference dedicated to connecting the Greater Caspian region with the world in the fields of business, economy, education, science and culture, is an independent platform for all stakeholders to explore investment opportunities, discuss regional challenges, enhance cooperation and attract global trading powers interested in the potential of the Greater Caspian region.

The joint event of Caspian Week 2023 during the World Shipping Summit will focus on developing logistics services and trade in the Greater Caspian Sea region. This cooperation is very important given the complexities of the Greater Caspian Sea region and the need for smooth cross-border operations.

DB World is actively assisting with projects in the region, with the aim of overcoming technological challenges and infrastructural obstacles. One of the pressing issues dealt with was customs operations within logistics, an area in which the DP World group is making great strides with the Global Logistics Passport initiative, which provides ease in trade and smooth movement of goods.

Mike Baskaran, Group Operations Director, Digital Technology, DP World, said: “The Greater Caspian region has huge potential, and we believe that by integrating logistics and trade with enhanced public-private collaboration, we and all stakeholders can unlock new growth opportunities. and overcoming existing challenges.

During the World Cargo Summit 2023, participants will have a valuable opportunity to hear from distinguished speakers and delegates from the International Air Transport Association, the United Nations, the International Chamber of Commerce, various governments, entrepreneurs and creative ideas. These speakers will share ideas, strategies and solutions that will advance the region’s development.

For his part, Murat Sitnibesov, Chairman of the Organizing Committee of the Caspian Week Forum, said: “The Greater Caspian region is of importance in the field of global energy and food security, and the logistical link is one of the most important factors for the development of the region. There is no doubt that this forum will become the ideal platform for discussing ideas and presenting projects of interest to the Greater Caspian region, especially with regard to trade and smart logistics systems, inviting partners and attracting investments to implement development projects in the region.”

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