Cross-border goods via PSW: FBR directs govt depts to apply new ‘IRMS’
FBR has mandated the implementation of IRMS for cross-border trade consignments cleared through the PSW system. The new system applies to government departments handling trade controls on imports, exports, and transit goods. It aims to balance compliance and trade facilitation, reducing business time and costs. The Governing Council will form an inter-agency Risk Management Committee to oversee the IRMS, ensuring collaboration among government bodies and assessing its impact on compliance.
Khadija The Women Entrepreneurship Program to empower women
PSW successfully conducted the Khadija The Women Entrepreneurship Program in Lahore to empower women in international trade. The program was officially launched on 15 December 2022 in Karachi, with the aim of increasing women's participation in international trade through the PSW platform.
Khadija Women Entrepreneurship Programme earns praise
PSW earned praise for its Khadijah Women Entrepreneurship Program held in Lahore. FBR Member Customs (Operations) Zeba Hai Azhar commended PSW's efforts to empower women entrepreneurs, highlighting the program's aim to train and enhance capabilities for active participation in cross-border trade. The CEO of PSW, Syed Aftab Haider, emphasized the initiative's significance in encouraging more women entrepreneurs to engage in international trade and expand their market reach.
PSW’s Khadijah Programme hosts Second Iteration
PSW has launched the Khadijah – Women Entrepreneurship Program in Lahore after its successful launch in 2022. Khadijah aligns with the government of Pakistan’s commitment to gender equality and economic empowerment for women. Speakers from the PM’s Youth Program, SBP, ReMIT, IPA-USAID, SMEDA, Trade Foresight, and representatives from FedEx and Habib Bank delivered training sessions organized around access to information, access to finance, and e-commerce procedures involving banks, couriers, and customs.
Revitalizing Pakistan’s export engine, economic activity
Aadil Nakhoda discusses the recent trade statistics published by the Pakistan Bureau of Statistics for November 2023, suggesting that exports in the first five months of FY24 are hovering at levels similar to those reported for the first five months in the previous fiscal year. He recommends restructuring trading agreements, supporting small and medium enterprises, adopting global standards, and enabling digital access to market information.
Licenses, Product Registration: PSW teams up with DRAP for gradual roll-out of services
Pakistan Single Window, in collaboration with the Drug Regulatory Authority of Pakistan has successfully integrated all existing entities, licenses, and product registration of drugs with the PSW platform. It will enhance transparency, efficiency, and ease of doing business for pharmaceutical companies, commercial importers, healthcare institutions, and humanitarian organizations involved in imports of finished drugs. This partnership was formalized through an MoU signed on 11th November 2022 in Islamabad.
SMEDA to organize training on “Import/Export Documentation Procedures and PSW”
SMEDA will organise a one-day workshop on “Import Export Documentation Procedures and Pakistan Single Window” for profitable business growth on 11 December. The workshop will be held at the Jhelum Chamber of Commerce Industry and will provide information about international trade, trade payment terms and PSW.
PSW Integrates with Global E-Phyto Hub for Faster Agricultural Trade
PSW, in collaboration with the Department of Plant Protection (DPP), has initiated the electronic exchange of phytosanitary certificates through the IPPC e-Phyto Hub. This integration is a critical element of PSW's commitment to modernizing trade processes and adopting digital solutions for a more efficient global trade environment. This move signifies a significant leap toward eliminating paper-based procedures, reducing processing times, and enhancing trade competitiveness.
PSW integrates with global E-Phyto Hub for faster agricultural trade
In collaboration with the Department of Plant Protection (DPP), PSW has initiated the electronic exchange of phytosanitary certificates through the IPPC e-Phyto Hub. This integration is a critical element of PSW's commitment to modernizing trade processes and adopting digital solutions for a more efficient global trade environment. This move signifies a significant leap toward eliminating paper-based procedures, reducing processing times, and enhancing trade competitiveness.
PSW integrates with the International Plant Protection Convention Secretariat’s (IPPC) E-Phyto Hub
PSW proudly announces its successful integration with IPPC's E-Phyto Hub, a leap forward in global digital trade for electronic phytosanitary certificates. This milestone fosters seamless international agricultural trade by enabling swift, secure, and cost-effective exchanges. Pakistan joins 88 countries in this transformative digital platform, reducing export costs and minimizing shipment delays at foreign ports.