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UAE and China to enhance cooperation in postal and financial services
Published in Saudi Press Agency on 21 - 07 - 2008

Postal Departments of the United Arab Emirates and China have entered into an agreement to boost bilateral ties, with a focus on international electronic remittances, improvement in EMS (Express Mail Service), wider use of Dubai Transit Mail Hub and better marketing of the international postal service.
A framework agreement on enhanced cooperation in these fields was signed during a visit of the UAE Postal delegation led by Abdullah Al Daboos,
President of UAE Post Group, to China Post headquarters in Beijing, according to a report of UAE news agency "WAM".
The visit came as a sequel to one by a Chinese Postal delegation tour to the UAE in April, in which both sides decided to initiate moves to enhance
bilateral business ties.
According to the details of the agreement, International Electronic
Remittance will be provided by both parties through the International
Financial System (IFS) of UPU. Both sides will conduct joint promotion and
marketing activities of the service that will be launched at the end of
October 2008.
China Post Group will consider using the Dubai Mail Transit Hub for mail
items originating in China and dispatched to Middle East and Europe. Both
parties will negotiate with airlines for better rates.
In the field of EMS, both parties agreed to raise the weight limit of a
single EMS item to 40 kg. Both parties will work together to launch
time-specific services between the two countries.
UAE Post and China Post will work jointly to market customer-oriented
postal services in both countries. The UAE Postal delegation visited
various facilities of China Post, including the world's largest sorting
centre in Shanghai.


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