WLP Global Summit
The WLP Global Summit is a new milestone in the freight and logistics calendar, and convenes global leaders from business, government, and international organizations to share perspectives on the key trends shaping the freight and logistics industry, as well as take stock of the WLP's achievements to date.
The Summit’s central objective is to further international cooperation in order to offer businesses the right regulatory conditions, information and incentives to unlock the full potential of global trade. The agenda of the inaugural WLP Global Summit which took place on 8 June 2021, covered:
Lessons learned in the context of COVID-19
- What are the main lessons learned from the impact of the COVID-19 pandemic on trade?
- What are the best opportunities to foster further international trade going forward?
Delivering on the World Logistics Passport’s vision
- How can the World Logistics Passport work most effectively with other international institutions to foster an attractive trade environment?
- What is the best way to engage the private sector in the design and implementation of the WLP?
- What should the WLP aim to accomplish over the next 12 months?
WLP: A global reach, engaging emerging economies and big businesses alike
The WLP is a global, private sector-led initiative designed to smooth the flow of global trade, unlock market access and provide economic efficiencies to members. The program is free to join and open to all.
Enabled by key logistics partners such as airports, ports, and customs, the WLP offers financial and non-financial benefits to traders and freight forwarders in reward for increasing their trade. The WLP, the world’s first global freight loyalty scheme, benefits businesses by reducing their supply chain costs, and ensuring that goods move faster and more efficiently. This is achieved through access to benefits such as quicker customs clearance and priority handling, and leads to a 2-3 per cent increase in the value of trade over a two year period.
Unlocking these benefits allows nations and regions to gain access to new markets, diversify trade in existing products, and increase market shares in key export products in developing economies.
More than 20 countries have signed up to the policy initiative including Brazil, India, South Africa, Vietnam, Mexico, Malaysia, Kenya, Paraguay, Ecuador, Colombia, Uruguay, Senegal, Kazakhstan, Thailand, Indonesia, Ethiopia, Botswana, Zimbabwe, Mozambique, Burkina Faso, and Guinea. Major multinational corporations including UPS, Pfizer, Sony, Johnson & Johnson, and LG are also engaged in the WLP.
Look out for updates across the WLP’s social channels:
LinkedIn: World Logistics Passport