Pakistan Single Window (PSW) is set to revolutionize the country’s trade operations with the integration of key stakeholders, including the Drug Regulatory Authority of Pakistan (DRAP), Board of Investment (BOI), and the Ministry of Foreign Affairs (MoFA). The integration aims to streamline processes, reduce costs, and expedite clearance times for businesses.
Muhammad Asim Awan, Deputy Collector Customs and Domain Officer PSW, outlined these plans at a seminar organized by the Karachi Chamber of Commerce and Industry (KCCI). He emphasized that the integration will not only reduce the average clearance time by three days per consignment but also lead to significant cost savings of $50 per container.
The PSW is also working on enhancing the Web-Based Online Customs (WeBOC) system to integrate with the Department of Plant Protection (DPP) treatment providers and external laboratories. Additionally, the platform will be interoperable with international systems like China Single Window, Egypt’s system, and the e-Phyto Hub of the International Plant Protection Convention (IPPC).
To address the growing e-commerce industry, PSW is collaborating with Alibaba to develop a unified e-commerce platform. This platform will streamline e-commerce operations and facilitate cross-border trade.
Awan highlighted that currently, 67% of imported goods and 12% of exported goods require various permits, licenses, and certifications from different government agencies. The integration of these agencies into the PSW will significantly reduce regulatory hurdles and expedite clearance processes.
The PSW initiative is expected to have a positive impact on Pakistan’s trade competitiveness, attracting foreign investment, and boosting economic growth.