In order to help suppliers on its online shopping platform, The Hong Kong Trade Development Council (HKTDC) has joined hands with Dubai-based logistics firm Aramex, the trade body announced on Monday (February 22).
Under the Memorandum of Understanding (MoU) signed in Dubai, suppliers on hktdc.com Small Orders can ship their products through Aramex’s worldwide network at lower costs.
The council says the buyers from the Middle East and North Africa region will also benefit from the move as cost of the products will see a further cut.
“The partnership will further facilitate small-volume online transactions, which are becoming an increasingly prevalent sourcing model, especially for small and medium-sized enterprises (SMEs). With Aramex’s specialty in the Middle East and North Africa (MENA) region, we are opening the door to a market of huge economic potential and trade opportunities for our buyers and suppliers,” said Benjamin Chau, HKTDC Deputy Executive Director.
Hussein Hachem, CEO of Aramex said the new partnership with the council was important for the logistics firm as “China presents one of the greatest business opportunities.”
“We believe this agreement will play a major role in boosting Aramex’s brand awareness in the Chinese Mainland and Hong Kong markets. We look forward for more cooperation and opportunities in the near future,” added Hachem.
Launched in December 2014, hktdc.com Small Orders serves a platform for suppliers to sell their products. The website currently has more than 130,000 suppliers and 1.6 million registered buyers.
The HKTDC, set up in 1966, is the international marketing arm for Hong Kong-based traders, manufacturers and services providers and has more than 40 offices globally, including 13 in China.