Lietuvos paštas and SingPost sign MOU to strengthen collaboration
Singapore Post (SingPost), a leading postal and eCommerce logistics provider in Asia Pacific, and Lietuvos paštas (Lithuania Post), the largest provider of postal services in Lithuania which connects Baltic region with the world, today announced a joint Memorandum of Understanding (MOU) between both parties to develop mutually beneficial cooperation, and explore opportunities in postal and express delivery sectors.
"This is an important step forward for Lietuvos paštas. The partnership with the Asia-Pacific leader Singapore Post will be of great value not only in opening up cooperation opportunities in a new region, but also in boosting innovation and e-commerce development. Technological advancement, e-commerce development and the highest quality are the main expectations of the Ministry of Transport and Communications for Lietuvos paštas," Minister of Transport and Communications M. Skuodis said, who also attended the signing of the Memorandum ceremony in Singapore.
“We envision a future where borders are easily transcended, and our customers enjoy seamless, reliable deliveries across the globe. This MOU signifies a commitment to explore innovative solutions that will benefit our customers, our businesses, and chart new paths of cooperation based on mutual benefit and trust,” said Li Yu, CEO, International, SingPost.
“Collaboration between SingPost and Lithuania Post represents a significant step forward in our commitment to innovation and growth in the global postal industry. We are confident that this MOU synergy will create long-term value for our customers and foster knowledge development and expertise sharing,” said Rolandas Zukas, CEO of Lithuania Post.
The signing ceremony took place in Singapore on 8th of May, in the presence of senior representatives from SingPost and Lithuania including Mr Marius Skuodis, Minister of Transport and Communications of the Republic of Lithuania, H.E. Mr Darius Gaidys, Ambassador of the Republic of Lithuania to Singapore and Mr. Rolandas Zukas, CEO Lithuania Post. The MOU outlines several key areas of collaboration, including shared expertise and knowledge exchange, regulatory and market insights, as well as international advocacy and support.
Last updated: 14-05-2024
Related news:
Production of Rail Baltica turnouts begins in Lithuania: first delivery this autumn
LTG Infra Terminates Contract with Neris Bridge Contractor Rizzani de Eccher
Rail level crossing in Kaunas to be replaced with a road underpass
Minister Taminskas calls for EU investment in drone detection systems