Promoting regional trade, investments - The World Bank (WB) has expressed interest to help the National Board of Revenue (NBR) modernise its customs procedure for promoting regional trade and investments, officials said on Tuesday. The WB has assured Bangladesh of providing assistance worth US$170 million for upgrading the cross-border and regional trade facilitation works, said an official of the Economic Relations Division (ERD). Meanwhile, the ERD, on behalf of the NBR, re
New Comesa plan set to ease movement of goods Kenya is among 15 African States that have agreed to pilot a new project seeking to ease movement of goods within the region’s trading bloc. The electronic certificate of origin (eCO) System, developed under the Common Market for Eastern and Southern Africa (Comesa) digital free trade area will fast-track movement of goods, enhancing intra-regional trade. The new plan will do away with registration, application and submission of c
ABU DHABI, Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, and Chairman of the Abu Dhabi Executive Office, yesterday (May 9), inaugurated the Single Window of Logistics & Trade in Abu Dhabi during a visit to Khalifa Industrial Zone Abu Dhabi, Kizad, a subsidiary of Abu Dhabi Ports.
Sheikh Khalid was briefed on development plans in presence of Falah Mohammad Al Ahbabi, Chairman of Abu Dhabi Department of Municipalities and Transport,
Coalition of CSOs in Ghana has called on President Nana Akuffo-Addo to as a matter of urgency intervene and stop the Ghana Link/UNIPASS contract agreement with the Ministry of Trade and Industry. According to the group the UNIPASS deal is a total 'rip off' which would not serve the best interest of the country, adding that "it is a serious affront to the Trade Facilitation arrangement of the World Trade Organisation (WTO)". The members of the Coalition of Civil Society Organi
In line with the government’s thrust of enhancing #customsprocedures towards efficient and world-class #tradefaciliation the National Economic and Development Authority (NEDA) - Philippines Investment Coordination Committee (ICC), during its meeting last March 6, 2020, has approved the Philippine #customsmodernization Project of the Bureau of Customs (BOC) and recommended for its final approval by the NEDA Board chaired by President Rodrigo Duterte. The #PhilippineModernizat
Welcome to Ricardo Trevino Chapa, Deputy Secretary General, World Customs Organisation & C. Donald Brasher, President, Trade Data Monitor leading the discussion on: "Single Windows: Outcomes, Challenges, Lessons learnt and the Way Forward" What will the future of trade single windows look like? How can the future approach to Single Window increase #visibility and #interoperability How can Single Windows better facilitate trade digitalisation? Are Single Windows reliable for #
Dhaka Custom House (DCH) has put forward a proposal to install non-intrusive inspection tools worth Tk 2.14 billion at Hazrat Shahjalal International Airport (HSIA) to ensure security and speed up passenger services. The DCH came up with the idea as it found the country's major and largest airport ill-equipped. VIEW FULL ARTICLE Join leading customs & tax administrations + trade facilitation related agencies at GTDW China Trade Development Week, 16-18 June, Shanghai Pudong.
Saudi Customs has launched a new data program aimed at streamlining administrative services for importers and investors. The authority’s auto-adjustment initiative will enable commercial importers to voluntarily correct their customs data following specific terms and procedures. Undersecretary for revenues at Saudi Customs, Dr. Mazen Al-Zamil, said the scheme, introduced on Jan.1, would help to promote transparency with investors and the business sector while improving custom
Webb Fontaine, a leading provider of solutions for trade facilitation powered by Artificial Intelligence, has been awarded a contract with the Jordan Customs Department to digitally enhance their clearance system. The landmark agreement will see Webb Fontaine implement a variety of new technologies including its WEBB Executive Vision (WEV) solution and Trade Portal to optimize the current customs system processing and functionalities, to reduce clearance time, costs and incre
Excellent approach by S.Korea Customs as a driver for cross border trade. SOUTH Korea hopes to be a leader in global customs services by offering solutions to complex international clearance procedures. South Korea Customs Service (KCS) chief Kim Yung Moon said the agency hopes it can help foster trade relations between local businesses and partner nations worldwide. In an interview with the Korea Times, he said the agency would continue to devote its manpower and resources t
The first ever working meeting between Pakistan Federal Board of Revenue (FBR) and General Administration of Customs of China (GACC) was held early this week in Islamabad. The two sides had a joint overview of their bilateral cooperation in general, their collaboration under the framework of SCO, implementation of China Pakistan CMAA signed in 2005, interaction between their customs offices at Kunjirab-Sost border crossing, discussed the necessity to have a Green Corridor Pro
PTI govt approves $250m loan proposal for trade reforms “The government has decided to introduce the Pakistan Single Window Bill 2019 to facilitate cross-border trade,” an official said, adding that the Economic Coordination Committee (ECC) of the cabinet would be briefed on the issue in a meeting on Wednesday. ISLAMABAD: Pakistan, being a signatory to the World Trade Organisation (WTO), has decided to introduce a bill for creating a single window in order to facilitate cross
We are pleased to share details of the new APEC compendium which takes a detailed look at the current state of the APEC member single window systems focusing on the following: Use of WCO data model and or use of International Standards Messaging technology used Governance (government agency, private corporation, public-private partnership) IT infrastructure Openness to adopting international interoperability How responsive is the receiving NSW to requests from another NSW NSW
Great insights in to the extensive trade facilitation & digitalisation strategy of Saudi Customs to enhance international trade. We look forward to their participation at GTDW China Trade Development Week in June. The Saudi economic and social reform plan, called Saudi Vision 2030, aims at inducing long-term economic growth that is not reliant only upon oil exports. Saudi Arabia is the largest market in the MENA region and a gateway to a region of over 424 million consumers.
A timely article that will be covered in depth at GTDW China Trade Development Week in June, Shanghai to address the issues and solutions around small parcels and ecommerce along with the impacts on customs and how to counter the impact of illicit trade through new innovations & tech. VIEW PROGRAM: http://bit.ly/GTDWChina2410 We invite attendees from Customs & Tax Authorities, Ministries of Trade/Economy/Finance, IP, Police & Judiciary Authorities, Heads of Brand Protection,
Another great reason to join GDTW China Trade Facilitation, Compliance & Digitalization Conference & Exhibition, June, Shanghai, Co-hosted with APMEN Shanghai, covering digital trade, secure cross border trade & trade tech interoperability for the Aisa Pac region and beyond + co-located with The 4th Anti Illicit Trade, Brand & IPR Protection Conference & Exhibition. FULL STORY: Yesterday, the Chinese government revealed that it plans to use blockchain in numerous aspects of
Interesting article by Kale Logistics Solutions part of IPCSA - International Port Community Systems Association GTDW Advisory Council Members and speakers at GTDW China Trade Development Week, 16-18 June Shanghai around the theme of Tradetech Interoperability for eTrade, Trade Facilitation, Secure Cross Border Supply Chain & Anti Illicit Trade www.kwglobaltrade.com The article underlines an essential leaders topic to be discussed at GTDW China: Single Windows: Outcomes, Cha
We are delighted to welcome GTDW Advisory Council Member, Dr Lars Karlsson CEO & MD KGH Customs Services will be joining us at the 19th Edition of Global Trade Development Week event in Shanghai on the 16-18 June 2020 under the theme of 'Tradetech Interoperability, Digitalisation & Standardisation For eTrade, Secure Supply Chain, Compliance & Anti Illicit Trade'. Join us to welcome international governments, regulators, business & technologies in Shanghai. Limited exhibitio
The federal government has been urged to compel the Nigeria Customs Service (NCS) to provide scanners at the nation’s sea ports so as to facilitate trade and enhance the ease of doing business. Speaking at maritime stakeholders’ forum in Lagos, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman, appealed to the federal government to urgently intervene on the need for the NCS to acquire scanners to facilitate cargo clearance at the nation’s ports. She l