AMMAN The Jordan Customs Department (JCD) on Monday signed a Memorandum of Understanding with Maersk GTD at the JCD building to launch an experimental electronic information platform known as the TradeLens system to facilitate international trade.

It is based on Blockchain technology, which simplifies information exchange between partners, freight forwarding and unloading of goods at ports, according to a JCD statement.

The agreement was signed by JCD Director General Maj. Gen. AbdulMajeed Rahmaneh and Maersk GTD CEO Mike White. Rahmaneh said that the memorandum of understanding promotes economic and commercial exchanges and strengthens cooperation and communication, enabling companies to safely transport goods across international borders.

White said in the statement that the agreement with the JCD unlocks the benefits of digital supply chain documentation and data integration with government agencies, logistic services providers, shippers, port operators and transportation companies for a more connected global supply chain.

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