ISLAMABAD - Pakistan Single Window has launched a new service to facilitate the import and clearance of pesticides in Pakistan.
As part of the service, PSW has also deployed the unified registration system enabling electronic registration of pesticide products and premises with the Department for Plant Protection. The URS enables real-time validation of pesticide products and premises at the time of customs clearance.
Under Pakistan’s trade regulations, all imports of pesticides are subject to mandatory Pre-Shipment Inspection (PSI) by independent third parties, to ensure that imported pesticides conform to international and national requirements. With a view to facilitating regulatory compliance, the module also allows PSI companies to electronically communicate inspection certificates with the PSW system, which are then made available to traders and relevant regulatory departments for verification.
PSW’s new module is based upon electronic validations driven by PSW’s integration with the DPP and the indigenously developed Integrated Tariff for Trade (ITT) which allows pesticide traders to provide 4-digit product codes while filing a declaration on the PSW system. The ITT allows PSW to derive relevant regulatory requirements for each consignment and automatically route it to the relevant DPP office for processing.
In a statement released from his office, Syed Aftab Haider CEO Pakistan Single Window stated, “The new services simplify the inspection process and ensure consistent application of laws while at the same time reducing the time and cost involved in the submission of paper-based documents to multiple authorities. Electronic receipt of the PSI certificates further enhances the transparency and integrity of the process.”
The new service is an important milestone in PSW’s mission to transform and have the cross-border trade landscape of Pakistan by enabling electronic validation and processing of trade consignments, thereby significantly reducing trade compliance costs and time.
Pakistan Single Window (PSW)
The Pakistan Single Window initiative led by Pakistan Customs aims at reducing the time and cost of doing business by digitalizing Pakistan’s cross-border trade and eliminating paper-based manual processes. The DPP is the first government department to have integrated with the PSW system and is currently offering services for the electronic issuance of Import permits (IP), Release Orders (RO), and Export certificates (EC) through the PSW platform.
As of April 2023, DPP has processed more than 100,000 documents through PSW with 36% of import permits and 55% of export certificates processed and issued the same day resulting in substantial savings for the traders.
Pakistani currency remains largely stable against US dollar and other currencies in the open market on February 24, 2024.
In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.
On Saturday, Euro stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.
UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.
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