PSW Extends Integration of Digital Services
The integration of PSW’s digital services with the Mercantile Marine Department (MMD), the Marine Fisheries Department (MFD), the Ministry of Narcotics Control (MNC), and partially with the Drug Regulatory Authority of Pakistan (DRAP) enables these departments to ensure the swift issuance of certificates, licenses, and permissions to cross-border traders electronically, providing a more comprehensive and inclusive platform for trade facilitation.
Pakistan Single Window Integrates Digital Services With Government Departments
The Pakistan Single Window (PSW) initiative has achieved a significant milestone by seamlessly integrating its digital services with four key government departments as part of its Phase-II rollout. This move is a significant step towards streamlining cross-border trade and facilitating efficient trade-related processes. This transformation facilitates a more comprehensive and inclusive platform for trade facilitation.
PSW Integrates Digital Services With Four Government Departments
Pakistan Single Window (PSW) has successfully integrated its digital services with four government departments as part of the initiative’s Phase-II rollout. Integration of PSW’s digital services enables departments to ensure the swift issuance of certificates, licenses, and permissions to cross-border traders electronically, providing a more comprehensive and inclusive platform for trade facilitation.
PSW Extends its Digital Trade Network adding more Government Departments
Pakistan Single Window (PSW) has successfully integrated its digital services with four government departments as part of the initiative’s Phase-II rollout. The integration of PSW’s digital services with the Mercantile Marine Department (MMD), the Marine Fisheries Department (MFD), the Ministry of Narcotics Control (MNC), and partially with the Drug Regulatory Authority of Pakistan (DRAP).
Pakistan Ranks High With 14% Jump In UN’s Trade Facilitation Rankings
Pakistan has made significant progress in trade facilitation, resulting in a remarkable 14% jump in its global ranking in 2023 owing to the implementation of multiple reforms and automation initiatives with special emphasis on the Pakistan Single Window system, as reported by the United Nations. In the South Asia region, Pakistan has been ranked the second best in terms of efficiency of International Trade.
BoI Organizes Workshop On Regulatory Reforms Through Principle Based Regulatory Framework For Energy
The Board of Investment (BOI) organized a workshop on "Regulatory Reforms through Principle Based Regulatory Framework" for Energy (Power & Petroleum), Water Resources, Maritime (Ports), and Media & Communications sectors on July 31, to identify regulatory reforms by lowering compliance burden on businesses. A large number of senior officials from relevant Ministries and Departments attended the Workshop, said a press release issued here. Moreover, Mentors from the Private Sector and Academia were engaged in the development of reform proposals in active collaboration with the public sector during the workshop.
Trade Facilitation Through Single Window
The World Trade Organization mentions the national single window as one of the means of facilitating trade in Article 10 of the Trade Facilitation Agreement. It creates a smooth flow of information, avoids duplication of information and information flow, and allows resource optimization from the points of view of both traders and governmental agencies.
PTFP Launched In Collaboration With TDAP Funded By FCDO Of UK
The PTFP is a platform for businesses to connect with each other and with government officials. It is a valuable resource for anyone involved in international trade in Pakistan. The PTFP provides information on a wide range of topics, including Customs regulations; Import and export procedures; Trade documentation; Linkages with regulatory organizations.
Pakistan Trade Facilitation Portal Launched
The Pakistan Trade Facilitation Portal (PTFP) is a one-stop solution for information related to exporting and importing products in Pakistan. It was developed by the International Trade Centre (ITC) in collaboration with the Trade Development Authority of Pakistan (TDAP) and funded by the Foreign, Commonwealth and Development Office (FCDO) of the United Kingdom.
PSW introduces digital integration to Maritime Affairs Ministry
The MFD regulates export of fish and fishery products in Pakistan while MMD is responsible for regulating export of second-hand/used passenger and cargo ships, oil tankers, liquid cargo carriers, and fishing trawlers. MFD has successfully integrated with Pakistan Single Window (PSW).