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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
Karachi Chamber calls for a separate currency exchange portal to boost trade facilitation
The KCCI has put forth the following proposal as part of its recommendations for the budget 2023-2024: The SBP should establish a digital portal, like the one used by the Pakistan Stock Exchange (PSX), specifically for buying and selling foreign currencies, including the US Dollar.
May-19-2023
PSW services extended to dry ports
PSW CEO Syed Aftab Haider stated “the extension of PSW’s digitalisation initiative to upcountry dry ports is the latest in our steady effort to enable an increasingly seamless clearance process and improve trade facilitation.
May-16-2023
PSW extends scope of operations to all dry ports except Quetta
With the new development, goods, and commodities clearance of commercial consignments classified under Chapters 1 to 50 of the Pakistan Customs Tariff has been completely switched to PSW, allowing clearance of imported consignments via submission of a Single Declaration (SD).
May-16-2023
PSW extends operations to dry ports in Pakistan
Pakistan Single Window (PSW) has extended its operations to all dry ports (except Quetta) with effect from May 3, 2023, a move that is aimed to facilitate the country’s cross-border trade operations, a statement said on Monday.
May-16-2023
Gwadar port proves international worth, handles all nine wheat ships
A Gwadar Shipping Clearing Agents Association (AGSCAA) official told Gwadar Pro that Gwadar Port has surpassed other ports in Pakistan in handling and processing wheat consignments. Proving its international worth, operational competence and high-tech capability, Gwadar Port has meticulously received and administered all successive nine ships loaded with 450,000 metric tons of imported Russian wheat.
May-05-2023
Burgeoning opportunity
Pakistan Single Window (PSW) initiative was launched in 2017 aiming to reduce the time and cost of doing business by digitizing Pakistan's cross-border trade and eliminating paper-based manual processes, ultimately overcoming barriers to institutional collaboration and change.
May-05-2023
Gwadar port proves international worth, handles all 9 wheat ships
According to a Gwadar International Terminals Limited official, the import of wheat using Gwadar Port is a new milestone since it will spur up trade activities in Gwadar. All bulky nine vessels docked at 600 meters long berths of Gwadar Port from March 02 till May 03. The handling of the nine wheat ships with precision after urea import at Gwadar Port confirms that the port is fit and capable of handling all forthcoming international shipments.
May-04-2023
Customs Collector highlights benefits of Export Facilitation Scheme
The government has introduced an export facilitation scheme to promote the country’s exports under a modern digital automation system. Under the new system, indirect exporters will no longer need to seek approval from the collector on a consignment-to-consignment basis. Instead, exporters can simply provide details in the system without needing formal approval. This will streamline the process and promote exports.
Apr-30-2023