SingPost and Lithuania Post enhance collaboration in postal and delivery services

The agreement will focus on four areas.

Singapore Post (SingPost) and Lietuvos paštas (Lithuania Post) have signed a memorandum of understanding to strengthen their cooperation and explore opportunities in postal and express delivery sectors.

The MOU signed on 8 May listed several key areas of collaboration, namely shared expertise and knowledge exchange, regulatory and market insights, international advocacy & support, and e-commerce and logistics development.

According to SingPost CEO-International Li Yu, the agreement shows the two companies’ commitment to explore innovative solutions that will benefit customers, and the businesses. Furthermore, it is seen to create new paths of cooperation based on mutual benefit and trust, he said.

ALSO READ: SingPost transition lifts FY23/24 net profit to $81.5m

Lithuania Post CEO Rolandas Zukas also said: “We are confident that this MOU synergy will create long-term value for our customers and foster knowledge development and expertise sharing.”

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