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.
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.
Transforming the Private Sector
Aadil Nakhoda highlights Pakistan's challenges in boosting sustainable exports and transforming its private sector into a dynamic growth driver and emphasizes the importance of digitizing trade processes through initiatives like the Pakistan Single Window to enhance accessibility for smaller firms. Addressing issues like low participation in global value chains and encouraging SME competitiveness are crucial pathways toward economic growth and global competitiveness.
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.
Trade facilitation: country achieves major milestone
Pakistan has achieved a significant milestone in trade facilitation by linking to the IPPC's e-Phyto Hub, enabling the electronic exchange of phytosanitary certificates with 127 countries via PSW. The NPPO and PSW integration aims to digitize trade functions and enhance global trade efficiency. CEO PSW also highlighted the elimination of paper certificates, enhancing national trade digitization, and benefitting entry points and traders nationwide.
Pakistan Automotive Sector Seeks Immediate Policy Reforms
Dr. Aadil Nakhoda suggests that boosting exports will involve promoting SME involvement, which includes addressing bureaucratic obstacles, digitalizing trade procedures through further integration of PSW, reducing import tariffs to eliminate anti-export bias, and ensuring that currency movements align with expectations. and reduce risks.
Experts seek auto sector revamp
Dr. Aadil Nakhoda, Assistant Professor & Research Fellow (CBER) at IBA, Karachi, suggests that boosting exports will involve promoting SME involvement, which includes addressing bureaucratic obstacles, digitalizing trade procedures through further integration of PSW, reducing import tariffs to eliminate anti-export bias, and ensuring that currency movements align with expectations. Dr. Nakhoda adds that these measures will reduce the risk of engaging in cross-border trade.
Export Competitiveness in Auto Sector
The automobile sector in Pakistan is facing the brunt of the current economic crisis. The balance of payments-related challenges, which have led to not only restrictions on imports but also an economic slowdown, have hurt sales of new automobiles in the country. According to recent statistics shared by Pakwheels.com, car sales in the first quarter of the current fiscal year plunged 44%, while bus sales dived 32%.