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China trade facilitated by Single Window System
Pakistan has successfully established electronic connectivity between its single window system and China to exchange trade data, aiming to streamline and facilitate cross-border trade.
Jun-07-2023
PAJCCI welcomes Barter Trade mechanism approval between Pakistan, Afghanistan, Iran and Russia: Zubair Motiwala
Chairman Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI), Zubair Motiwala has welcomed Pakistan’s government decision of initiating Barter Trade with Afghanistan, Iran and Russia. The decision has been taken in view of current macroeconomic situation in the country and lack of formal banking sector and sanctions in Afghanistan.
Jun-06-2023
Pakistan to purchase oil, gas through barter trade
Ministry of Commerce has issued an SRO for “Business-to- Business (B2B) Barter Trade Mechanism” with Iran, Afghanistan and Russia to reduce dollar dependence. The development is expected to shore up Pakistan’s forex reserves and increase the quantum of trade, allowing state-owned enterprises and private sector entities to engage in both the import and export of goods.
Jun-05-2023
Pakistan outlines barter trade plans with Afghanistan, Iran, Russia
In another step to release pressures on dwindling foreign exchange reserves, Pakistan has opened up barter trade with Afghanistan, Iran, and Russia for certain items including petroleum, LNG, coal, wheat, pulses, minerals, metals, and several food items.
Jun-03-2023
Pak-China portal launched for Mango Trade
Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) is planning to initiate Pakistan-China Trade Portal as Chinese people prefer online shopping. According to President Moazzam Ali Ghurki, PCJCCI, Pakistani exporters could use this platform for mango exports.
May-26-2023
PSW automates import of pesticides
PSW has deployed the unified registration system enabling electronic registration of pesticide products and premises with the Department for Plant Protection (DPP). Under Pakistan’s trade regulations, all imports of pesticides are subject to mandatory Pre-Shipment Inspection (PSI) by independent third parties to ensure that imported pesticides conform to international and national requirements.
May-23-2023
New PSW service to digitise pesticide imports
Pakistan Single Window has launched a new service to facilitate the import and clearance of pesticides in Pakistan. New module is based upon electronic validations driven by PSW’s integration with the DPP and the indigenously developed Integrated Tariff for Trade (ITT) which allows pesticide traders to provide 4-digit product codes while filing a declaration on the PSW system.
May-22-2023
Pesticide imports to be facilitated through Pakistan Single Window
Pakistan Single Window has launched a new service to facilitate the import and clearance of pesticides in Pakistan. Under Pakistan’s trade regulations, all imports of pesticides are subject to mandatory Pre-Shipment Inspection (PSI) by independent third parties to ensure that imported pesticides conform to international and national requirements.
May-22-2023
Pesticide imports: Electronic endorsement of PSI certifications from tomorrow
The electronic endorsement of Prior-Shipment Inspection (PSI) certifications for pesticide imports will be commenced under the Pakistan Single Window (PSW) system by May 22, 2023. Under the Import Policy Order 2022, the import of pesticides is subject to PSI Certification by pre-shipment certification companies authorized by the DPP.
May-21-2023
PSW discontinues manual certification for prior-shipment inspection from May 22, 2023
Pakistan Single Window (PSW) has recently announced the discontinuation of manual certification for prior-shipment inspection (PSI) for customs clearance, starting from May 22, 2023. This move, in line with the Import Policy Order, 2022, aims to streamline the import process and enhance efficiency through automation.
May-20-2023