Pakistan Single Window Act 2021: Govt launches reform to ease trade

Pakistan Tehreek-e-Insaf government has introduced Pakistan Single Window Act 2021 that “paves the way for ease in imports and exports.”

This has been announced by Prime Minister Imran Khan on Monday (today).

Taking to Twitter, PM said that 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.

He added that an independent authority will manage the Pakistan Single Window, which will be pivotal in unlocking Pakistan’s potential to become a hub for international transit and trade.

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Another landmark reform by PTI govt – the Pakistan Single Window (PSW) Act 2021. It paves the way for ease in imports & exports. PSW will bring $500 mn annual savings & reduce cargo clearance time from days to hrs by integrating 75 regulatory depts:

— Imran Khan (@ImranKhanPTI) April 12, 2021

customs, banks, port authorities, shipping companies & brokers etc. An indep authority will manage the PSW which will be pivotal in unlocking Pakistan’s potential to become a hub for international transit & trade.

— Imran Khan (@ImranKhanPTI) April 12, 2021