Jordanian, Saudi logistics companies sign MoU to boost trade

AMMAN — The Odeh Al-Ramahi Logistics Services Company Saudi Takhlis Logistics Services Company, at the Association of Owners of Clearance and Transport Companies, have signed a memorandum of understanding to enhance trade and facilitate the flow of goods between the two countries.

Dhaif Allah Abu Aqouleh, head of the association, said that the MoU is designed to boost commercial ties between Jordan and Saudi Arabia, stressing the association's commitment to fostering such partnerships, which will contribute to the economic growth of both nations.

Director General of Services Exports at the Saudi Export Development Authority Abdulaziz Talasi, highlighted the importance of the private sector in driving trade exchange, underscoring the need for ongoing dialogue to explore further opportunities for expanding trade and improving logistics operations.

Talasi highlighted the significance of bilateral discussions to streamline procedures and facilitate the entry of goods from both countries into their respective markets.

The MoU aims to enhance logistics services through the use of digital technologies that will optimise operations and improve the integration of logistics systems between the two countries.

Both companies enjoy "advanced" digital systems that cater to the needs of the commercial and industrial sectors, enhancing smart shipping and multi-modal transport capabilities, Petra reported.

Takhlees's system integrates clearance processes to facilitate trade, while Odeh Al-Ramahi's system is aligned to ensure seamless transportation and customs clearance between Jordan and Saudi Arabia, thus improving the efficiency of trade movement.