By Our Correspondent
ISLAMABAD: In a significant development aimed at strengthening Pakistan’s export sector, Pakistan Single Window (PSW) and the Export Development Fund (EDF) have entered into a strategic collaboration to enhance support services for exporters across the country including waiver of PSW’s fee on export declarations.
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This partnership is in line with the Government of Pakistan’s commitment under the Strategic Trade Policy Framework (STPF) 2020-25, which not only emphasized on complete allocation of Export Development Surcharge receipts to the Fund but creation of complete loop starting from identification of the contributor to its involvement in need assessment, identification of representative bodies, feedback and impact assessment mechanism ultimately resulting in export development. PSW, leveraging its position as a national digital platform for trade, will work closely with EDF to create customized tools and data analytics that will assist in streamlining processes and improving decision-making for export development.
“We are excited to work closely with EDF to support Pakistan’s exporters by providing them with the tools, data, and resources they need to succeed in global markets,” said Aftab Haider, Chief Executive Officer of Pakistan Single Window. “Through this partnership, we will not only help reduce exporters’ costs but also enable more efficient use of export development funds, ensuring that Pakistan’s export potential is fully realized.”
