Daily Times

Business community widely hailed the implementation of the Pakistan Single Window (PSW), an integrated system to facilitate cross-border trade, terming it as a milestone step toward Ease of Doing Business (EoDB). The system would play a pivotal role in easing cumbersome goods clearance processes at borders by integration with relevant multiple departments as well as bringing efficiency and transparency to the overall border management system, they added.

They viewed the PSW system as a unique example of Ease of Doing Business under the vision of Prime’s Minister Imran Khan, which would boost up mutual trade with landlocked Afghanistan and the rest of the Central Asian Republics.

The businessmen were addressing during an awareness seminar on the Pakistan Single Window System, organized by Sarhad Chamber of Commerce and Industry in collaboration with Pakistan Customs Department here at the Chamber’s House on Wednesday. The session was chaired by SCCI President Hasnain Khurshid Ahmad.

Additional Collector Customs Pakistan Single Window System, Salman Afzal and Deputy Collector Customs (Domain Officer PSW, Zaheer Abbas through a detailed multimedia presentation apprised the participants regarding main objectives and facilitating the cross-border trade through PSW.

Besides, the SCCI senior vice president Imran Khan Mohmand, vice president Javed Akhtar, former president Faiz Muhammad Faizi, former senior vice presidents Shahid Hussain, Ziaul Haq Sarhadi, Engr Manzoor Elahi, former vice president Shuja Muhammad, executive members Ghulam Hussain, S Minhajuddin, Sohail Javed, Syed Ejaz Ali Shah, Aftab Iqbal, Ihsanullah, Fazal e Wahid, Imtiaz Ahmad Ali, along with traders, exporters and importers were in attendance in a large number.

The customs senior officials on the occasion said that the basic notion of the Pakistan Single Window system to reduce cost and time in across border trade.

They said that the multiple concerned departments will work under the Single Window System that could accelerate clearing of goods trucks via borders to Afghanistan and onward trade to regional countries.

Salman Afzal said that early clearing of good consignments would prevent from paying heavy charges on heads of demurrage and detention by traders.

The senior official said that Pakistan being signatory of relevant WTO protocol was liable to implement the Pakistan Single Window System because this system would remove physical interventions and bring more transparency and efficiency in the goods clearing and border management system.

Zaheer Abbas informed that more than 15 commercial banks had been linked with PSW system which would facilitate traders’ community in E-payment through banks after which the condition of export and import form will no longer remain mandatory after the introduction of unified E-payment banking system.