{"id":19134,"date":"2021-11-30T09:00:00","date_gmt":"2021-11-30T09:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/11\/30\/crimsonlogic-signs-milestone-mou-to-establish-a-digital-trade-corridor-to-promote-asia-europe-trade-routes\/"},"modified":"2021-11-30T09:00:00","modified_gmt":"2021-11-30T09:00:00","slug":"crimsonlogic-signs-milestone-mou-to-establish-a-digital-trade-corridor-to-promote-asia-europe-trade-routes","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/11\/30\/crimsonlogic-signs-milestone-mou-to-establish-a-digital-trade-corridor-to-promote-asia-europe-trade-routes\/","title":{"rendered":"CrimsonLogic Signs Milestone MOU To Establish a Digital Trade Corridor To Promote Asia-Europe Trade Routes"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>SINGAPORE \/ NUR-SULTAN, KAZAKHSTAN &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211;\u00a030&#13;<br \/>\nNovember 2021 &#8211; CrimsonLogic, a leading global provider of Trade solutions,&#13;<br \/>\nproducts and services headquartered in Singapore, has signed a&#13;<br \/>\nMemorandum of Understanding (MOU) with KTZ Express (a subsidiary of Kazakhstan&#13;<br \/>\nRail Company and a national logistics operator) and local IT partner \u2013 Digital&#13;<br \/>\nSilk Way to collaborate and establish a Digital Trade Corridor to promote trade&#13;<br \/>\nfor the region and beyond.<\/p>\n<p>The&#13;<br \/>\nproposed Digital Trade Corridor initiative will serve the Trans-Caspian International Transport Route, which starts&#13;<br \/>\nfrom Southeast Asia and China, through Kazakhstan, the Caspian Sea, Azerbaijan,&#13;<br \/>\nGeorgia and beyond to Europe.\u00a0 This initiative is closely aligned&#13;<br \/>\nto Kazakhstan-2050 Strategy* to enhance economic pragmatism and support&#13;<br \/>\nentrepreneurship.\u00a0 With the increased trade flow between Asia and Europe,&#13;<br \/>\nKazakhstan is centrally positioned to serve as a logistic hub, especially for&#13;<br \/>\ncritical markets such as China.\u00a0<\/p>\n<p>The&#13;<br \/>\ncore of this Corridor is an integrated solution consisting of CALISTA (a&#13;<br \/>\nsupply-chain orchestration platform by GeTS, a subsidiary of CrimsonLogic) and&#13;<br \/>\nanother solution with local partner Digital Silk Way.\u00a0 This initiative&#13;<br \/>\nwill facilitate better B2B2G trade regulatory compliance and improves global&#13;<br \/>\ntrade connectivity digitally.\u00a0 KTZ Express will be the flagship logistics&#13;<br \/>\noperator for this integrated Digital Trade Corridor for Kazakhstan and Central&#13;<br \/>\nAsia.\u00a0 <\/p>\n<p>\u00a0<\/p>\n<p>Mr Saw Ken Wye, Chief Executive Officer of CrimsonLogic said: &#8220;In&#13;<br \/>\nthis new norm, the world is seeing increased pressure on the global&#13;<br \/>\nsupply-chain.\u00a0 With this new Digital Trade Corridor, it will make it&#13;<br \/>\neasier to facilitate trade via the Trans-Caspian&#13;<br \/>\nInternational Transport Route, providing shippers and carriers more&#13;<br \/>\noptions, especially to land-locked countries.\u00a0 As a long-term strategic&#13;<br \/>\ntech player in Kazakhstan, CrimsonLogic is delighted to enter this MOU with&#13;<br \/>\nlike-minded partners such as KTZ Express and Digital Silk Way to help elevate the&#13;<br \/>\ncountry&#8217;s status as a global logistic hub.&#8221; <\/p>\n<p>\u00a0<\/p>\n<p>Mr&#13;<br \/>\nNurlan Igenbayev, CEO of KTZ Express said: &#8220;Our cooperation will accelerate the&#13;<br \/>\ntransition to paperless technology for shippers and consignees to transport&#13;<br \/>\ngoods.\u00a0 Most importantly, this will strengthen international cooperation,&#13;<br \/>\nincreases transit traffic through Kazakhstan, expands the market for transport&#13;<br \/>\nservices, as well as creating new logistics chains.&#8221;<\/p>\n<p>Mr Doszhan Zhussupov,&#13;<br \/>\nCEO of Digital Silk Way said: &#8220;We believed that increasing the effectiveness of&#13;<br \/>\nthe Trans-Caspian International Transport Route and transforming the related&#13;<br \/>\ndigital infrastructure will best serve Kazakhstan and stakeholders in the trade&#13;<br \/>\nand logistic community in Asia and Europe.\u00a0 We are taking on the challenge&#13;<br \/>\nto transform existing processes to create a single platform that can provide&#13;<br \/>\nseamless document flow digitally connecting China to Europe in the appropriate&#13;<br \/>\nforms and languages.\u00a0 The platform will be powered by our CrimsonLogic and&#13;<br \/>\nGeTS partners, and with their extensive experience in trade facilitation and&#13;<br \/>\nlogistics, it will definitely transform the business environment in this&#13;<br \/>\nregion.&#8221; <\/p>\n<p><i>*Source:\u00a0<a href=\"https:\/\/www.akorda.kz\/en\/official_documents\/strategies_and_programs\">Strategies and programs \u2014 Official website of the President of the Republic of Kazakhstan (akorda.kz)<\/a><\/i><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-11-30\/107530\/crimsonlogic-signs-milestone-mou-to-establish-a-digital-trade-corridor-to-promote-asia-europe-trade-routes\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE \/ NUR-SULTAN, KAZAKHSTAN &#8211;\u00a0Media OutReach\u00a0&#8211;\u00a030&#13; November 2021 &#8211; CrimsonLogic, a leading global provider of Trade solutions,&#13; products and services headquartered in Singapore, has signed a&#13; Memorandum of Understanding (MOU) with KTZ Express (a subsidiary of Kazakhstan&#13; Rail Company and a national logistics operator) and local IT partner \u2013 Digital&#13; Silk Way to collaborate and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":19135,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19134"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19134"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/19135"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}