BlueEx Limited has signed a strategic partnership agreement with the Shenzhen Cross Border E-commerce Association (SZCBEA) in China. This MoU, announced via the Pakistan Stock Exchange (PSX), aims to enhance cross-border e-commerce trade and logistics between the two nations.
The agreement signifies a significant development, coinciding with Prime Minister Shehbaz Sharif’s ongoing visit to China. During this visit, discussions on bilateral trade have been a key focus, with both countries exploring avenues for collaboration.
“This partnership positions BlueEx to deliver state-of-the-art services for Chinese sellers looking to enter the Pakistani market, and vice versa,” a BlueEx representative explained. “This will benefit Pakistani sellers seeking to export their products to China as well.”
BlueEx, Pakistan’s first publicly traded tech-logistics company, brings a wealth of experience in establishing e-commerce solutions for domestic and international markets. The company boasts existing partnerships with international players like Fly Jinnah (a subsidiary of Air Arabia) and Aramex, LLC.
The SZCBEA, established for over a decade, is a highly influential association within China’s cross-border e-commerce industry. With over 3,000 member units from prominent Chinese e-commerce companies, the association plays a significant role in the sector.
This strategic partnership is expected to streamline cross-border trade between Pakistan and China, offering new opportunities for businesses in both countries. It aligns with the broader discussions on economic cooperation currently underway during the Prime Minister’s visit.
This MoU marks a positive step forward for Pakistan’s e-commerce sector, fostering collaboration and growth through strategic partnerships with key players in the global marketplace.