Kale Logistics Solutions and Trade-Van sign MoU
Kale Logistics Solutions, a global IT Logistics partner, has signed a memorandum of understanding with the Taiwan-based Trade-Van to facilitate the issuance of digital certificates of origin (eCoO) at the 60th Pan Asian E-Commerce Alliance annual conference. This process will ease up the custom clearance process while adhering to the issuing country’s laws and regulations.
Under the agreement, both stakeholders will establish a cooperative framework for the facilitation of the eCoO project. Most notably, they both agree to exchange cross-border eCoO to facilitate the customs clearance process. Validation is the most essential factor. The given document must be equal to the existing physical document.
The agreement signed between the two entities is equal to paper CoO and still acceptable as a common supporting document for customs clearance. Vineet Malhotra, director, Kale Logistics said, “We are delighted to partner with Trade-Van to facilitate the digital issuance of certificates of origin. In an industry that is dominated by physical paperwork this is a milestone achieved on the way to digitising the logistics industry." (mw)