BR100 Decreased By (-0.24%)
BR30 Decreased By (-0.52%)
KSE100 Decreased By (-0.17%)
KSE30 Decreased By (-0.12%)
AGHA 6.60 Decreased By ▼ -0.07 (-1.05%)
BECO 4.38 Increased By ▲ 0.03 (0.69%)
BML 55.61 Decreased By ▼ -0.56 (-1%)
BOP 29.94 Decreased By ▼ -0.18 (-0.6%)
CNERGY 12.71 Decreased By ▼ -0.27 (-2.08%)
CSIL 5.23 Decreased By ▼ -0.08 (-1.51%)
FCCL 51.60 Decreased By ▼ -0.05 (-0.1%)
FFL 14.45 Decreased By ▼ -0.04 (-0.28%)
FNEL 1.18 Decreased By ▼ -0.03 (-2.48%)
KEL 6.02 Decreased By ▼ -0.04 (-0.66%)
KOSM 5.61 Decreased By ▼ -0.23 (-3.94%)
LOTCHEM 26.26 Increased By ▲ 0.09 (0.34%)
MLCF 90.90 Decreased By ▼ -0.33 (-0.36%)
NBP 162.15 Decreased By ▼ -2.04 (-1.24%)
NCPL 52.67 Decreased By ▼ -0.51 (-0.96%)
NPL 58.09 Decreased By ▼ -1.03 (-1.74%)
OGDC 314.85 Increased By ▲ 1.46 (0.47%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.99 Decreased By ▼ -0.25 (-0.71%)
PIBTL 14.28 Decreased By ▼ -0.43 (-2.92%)
PPL 220.30 Decreased By ▼ -1.06 (-0.48%)
PRL 89.85 Decreased By ▼ -1.37 (-1.5%)
PTC 59.21 Increased By ▲ 0.02 (0.03%)
SSGC 23.27 Decreased By ▼ -0.03 (-0.13%)
TBL 8.68 Decreased By ▼ -0.07 (-0.8%)
TELE 7.45 Decreased By ▼ -0.16 (-2.1%)
TPL 21.10 Decreased By ▼ -0.93 (-4.22%)
TPLP 12.18 Decreased By ▼ -0.38 (-3.03%)
TREET 21.38 Decreased By ▼ -0.35 (-1.61%)
TRG 54.44 Decreased By ▼ -1.35 (-2.42%)

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) organised an awareness session on Pakistan Single Window (PSW) with a view to raise technical awareness about the overall operations of this important facility and provide an opportunity to the participants of the session to better understand the system, highlight issues and get adequate response along with first-hand information from the relevant officers of Pakistan Customs.

The session, which was steered by Chief Domain Officer/ Additional Collector Customs Naveed Abbas Memon and simultaneously conducted through online zoom facility, was attended by President KCCI Muhammad Idrees, Senior Vice President Abdul Rehman Naqi, Vice President Qazi Zahid Hussain, Chairman Customs & Valuations Subcommittee Muhammad Arif Lakhani, Former Senior Vice President Muhammad Ibrahim Kasumbi, Former Vice President Nasir Mehmood, KCCI Managing Committee and General Body Members in addition to immense participation of more than 250 people from all over the country including Sialkot, Lahore, Islamabad and Faisalabad who joined the meeting via zoom facility.

Speaking on the occasion, chief domain officer Naveed Abbas Memon stated that PSW portal has been designed to fully facilitate traders by reducing time, cost and complexity in cross border trade in addition to improving the quality of experience for all stakeholders with primary focus on ease of doing business.

He said it also supports other government departments in adopting an Integrated Risk Management (IRM) approach for efficient enforcement of trade related controls.

KCCI president Muhammad Idrees appreciated the PSW initiative introduced by the government which would certainly help in minimizing human interaction and reduce chances of harassment and corruption. However, he stressed that the need to promptly rectify numerous glitches in the system and simplify procedures in order to achieve the prime objective of PSW facility which was to ensure ease of doing business.

He said it was heartening to see that PSW promotes ease of doing business by maintaining collaboration with 74 different public sector entities involved in regulation of cross border trade of Pakistan and digitalizing the processes related to importers, exporters, customs house agents, freight forwarders, shipping companies and transporters etc. but there was a room for further improving the system so that it could be brought at par with international standards.

He was of the view that fully functional and totally flawless operations of PSW would also enable Pakistan to achieve compliance with WTO’s Trade Facilitation Agreement besides helping Pakistan to unlock its potential in becoming a hub for trade.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.