FBR launches Single Window Programme.
KARACHI -- In order to improve Pakistan's international trade, the Federal Board of Revenue (FBR) has kicked off the soft launch of the Pakistan Single Window Programme (PSWP) with the intention of launching it officially in a couple of months, revealed PSWP Project Director Muhammad Imran Khan Mohmand.
During an online seminar organised by the Central Standing Committee on Customs of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the FBR, FPCCI President Nasir Hayat Maggo said, 'If it is implemented properly, it will be a dream-like situation in a country like Pakistan.' PSWP would connect 74 departments that regulated imports and exports and engaged in documentation, FPCCI's Central Standing Committee on Customs Head Shabbir Mansha Churra told The Express Tribune.
It would connect the Web-based One Customs (WeBOC) system with the Customs, banking channels and other institutions to increase efficiency and reduce the time taken for processing in various departments, he elaborated.
'This will enhance ease of doing business in Pakistan and as a result it will improve country's image and attract foreign direct investment.'
Making a presentation, Mohmand said that international trade was the driver of economic growth in Pakistan and it had a huge potential for transitional trade.
'Pakistan has an important geostrategic location and it can become a regional trade hub, however, the current system to manage international trade comes with many difficulties,' he added.
'The...
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