Singapore Post and Lietuvos pa?tas (Lithuania Post), announced a joint Memorandum of Understanding (MOU) between both parties to develop mutually beneficial cooperation, and explore opportunities in postal and express delivery sectors. The signing ceremony took place in Singapore on 8 May, in the presence of senior representatives from SingPost and Lithuania including Mr. Marius Skuodis, Minister of Transport and Communications of the Republic of Lithuania, H.E. Mr. Darius Gaidys, Ambassador of the Republic of Lithuania to Singapore and Mr. Rolandas Zukas, CEO Lietuvos pa?ta (Lithuania Post). The MOU outlines several key areas of collaboration, including: Shared Expertise and Knowledge Exchange: Joint meetings, site visits, and facilitating communication between experts from both postal services to share knowledge in postal development and address any collaboration challenges.

Regulatory and Market Insights: Cooperating on understanding postal laws and regulations, universal postal services, market supervision, trade facilitation, and technological innovations. This fosters mutual learning and opens up potential cooperation opportunities. International Advocacy & Support: Strengthening communication and mutual support within the global postal network, the Universal Postal Union (UPU) and relevant international postal organizations to advocate for policies and practices that benefit the wider postal community.

E-commerce and Logistics Development: As e-commerce continues to reshape global shipping, the MOU encourages bilateral cooperation, experience exchange, and exploration of new solutions for e-commerce and international parcel flows. The goal is to expand service offerings, enhance service quality, and meet evolving customer needs.