Korea Post and Pos Malaysia sign cooperation pact
Korea Post and Pos Malaysia have signed a memorandum of understanding seeking to work more closely together to improve services. Ahead of a state visit by Malaysia’s head of state Mizan Zainal Abidin in South Korea this week, the two postal operators agreed to cooperate particularly in the fields of express mail services and e-commerce services.
The memorandum of understanding stated their intention to cooperate to grow international mail volumes through joint marketing initiatives, as well as improving service quality.
The two Posts also pledged to work to modernise postal infrastructure and develop new postal and financial services.
The pact would also see Pos Malaysia making use of Korea Post’s expertise in the field of information technology.
Further negotiations on a more concrete bilateral agreement are expected to come at this month’s Asian-Pacific Postal Union executive council meeting later this month in Mongolia.
