‘Govt making efforts to widen transit trade area to Central Asia’

Author: inp

ISLAMABAD: Commerce Minister Khurram Dastgir Khan has said the government is making an effort to increase transit trade area to Central Asian Republics (CARs) and will welcome and appreciate some degree of necessary support from World Customs Organization (WCO) to help in either drafting a new agreement or to form some guidelines so that the goods can move across these borders more efficiently.

He was talking to a delegation of WCO, led by its Secretary General (SG), Kunio Mikuriya which called on him here on Tuesday. He warmly welcomed the delegation.

The purpose of the meeting was to discuss issues of bilateral interest including technical assistance with regards to Counter Terrorism and Supply Chain security, Trade facilitation and Economic Competitiveness, Emerging challenges to Customs, Illicit financial flows and Customs reform and modernization.

Speaking on the occasion, Minister for Commerce, Engr. Khurram Dastgir Khan informed the delegation that Pakistan has become a member of TIR convention and it is still in the implementation stage but there is need to merge it with the Transit Trade Agreement to facilitate the movement of goods. The minister further said that Pakistan is already a signatory of TFA and is working with all its neighbors for regularization of Trade, minimizing Tariffs and removing the Non-Tariff barriers.

The World Customs Organization (WCO), established in 1952, represents 182 Customs administrations around the world (including Pakistan Customs), that collectively process 98% of World Trade. It provides an important forum for dialogue and exchange of experiences between national Customs delegates as well as technical assistance and training services.

Besides administrations in combating fraudulent activities and actively supports their endeavors at modernizing and building capacity with their national customs administrations. Pakistan Customs is already a part of several WCO initiatives including its Program Global Shield (PGS) and Strategic Trade Control Enforcement (STCE) Program under which Pakistani officers have received extensive trainings.

Secretary General Kunio Mikuriya said that WCO will provide its support to Pakistan in regularization of trade and also suggested that Pakistan recuperate its Trade Relations with all its neighbor countries particularly Afghanistan to play a more significant role in the corridor.

The secretary general also said that WCO will provide support to Pakistan in harmonizing Customs data and for fast information sharing to ensure speedy movement of goods across the borders.

Khurram suggested further meetings to discuss the transit trade, tariff duties, harmonizing of customs data and installing a system to evaluate the quantum of smuggling.

Published in Daily Times, July 19th , 2017.

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