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Geopolitical upheavals are shifting cross-border freight movements, while disruptive technologies are transforming them. How can we boost the efficiency and resilience of supply chains?
IRU outlined today tested and innovative trade and logistics instruments to mitigate risks and boost resilience to an audience of policymakers and business leaders at the World Free Zones Organization’s annual congress in Dubai, the United Arab Emirates.
Speaking on a high-level panel on the future of logistics, IRU President Radu Dinescu said, “The TIR system has a track record of mitigating risks and elevating the security and efficiency of global supply chains. TIR has cut cross-border transport times in the Gulf Cooperation Council region by more than 90%. Its longstanding track record and state-of-the-art technology and digital tools position it as one of the most important instruments for facilitating international trade.”
“TIR’s impact on cross-border operations has been cemented with the trust created among authorities and the private sector. It brings together – including here in the GCC where almost 100% of overland freight is transported by road – shippers and hauliers, customs authorities, government ministries and international and regional bodies, and, of course, partners such as the World Free Zones Organization,” he added.
Free zones
The TIR system is being increasingly used to optimise freight flows in free zones. The use of TIR to and from free zones increased by 120% from 2023 to 2024.
“For logistics players using free zones, TIR lowers costs while increasing reliability and building trust between logistics players. Greater resilience means lower risks, making free zones more attractive to investors and customers,” said Radu Dinescu.
Resilience
Radu Dinescu also stressed the importance of continuing to use the latest technology, including AI, to reinforce the value of TIR.
“TIR’s globally recognised standards and digital tools, such as its advance cargo pre-declaration system TIR-EPD, are providing a powerful resource for better connectivity to free zones and supporting them in pioneering solutions for faster and more secure trade,” said Radu Dinescu. Read more
Source: IRU
