Pakistan is all set to save $500 million per annum because of reforms in the country’s ports and shipping sector.
According to official sources, cargo clearance time will be reduced to hours from days as a result of these reforms.
Sources further said that these reforms have already been put into action after the passage of the Pakistan Single Window Act 2021.
Prime Minister Imran Khan in a tweet yesterday said that the PTI government has introduced another landmark reform of the Pakistan Single Window (PSW) Act 2021 that paves the way for ease in imports and exports.
Prime Minister further said that Pakistan Single Window will bring 500 million dollars annual savings and reduce cargo clearance time from days to hours by integrating 75 regulatory departments, including customs, banks, port authorities, shipping companies, and brokers.
#trade #export #customs #internationaltrade #import #china #pakistan
According to official sources, cargo clearance time will be reduced to hours from days as a result of these reforms.
Sources further said that these reforms have already been put into action after the passage of the Pakistan Single Window Act 2021.
Prime Minister Imran Khan in a tweet yesterday said that the PTI government has introduced another landmark reform of the Pakistan Single Window (PSW) Act 2021 that paves the way for ease in imports and exports.
Prime Minister further said that Pakistan Single Window will bring 500 million dollars annual savings and reduce cargo clearance time from days to hours by integrating 75 regulatory departments, including customs, banks, port authorities, shipping companies, and brokers.
#trade #export #customs #internationaltrade #import #china #pakistan
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