The announcement of the FBR did not mention the year in which the index was calculated. APP/File
ISLAMABAD: Pakistan’s rank on the trading across border index jumped by 31 positions from 142nd to 111th due to considerably improved implementation of several measures, the Federal Board of Revenue (FBR) said on Tuesday.
The improvement is linked with the ongoing reforms that led to huge improvements in trading across the borders index. The announcement of the FBR did not mention the year in which the index was calculated.
An official announcement said the FBR made trading across borders easier by focusing three crucial areas: enhancing the integration of various agencies in the Web-Based One Customs (WeBOC) electronic system; reducing the number of documents required for import/export clearances; and enhancing capacities of Pakistan Customs officials for playing pro-active role in smoothly regulating border trade.
2020-12-24 14:38:57
Ulaanbaatar /MONTSAME/. Mongolia s trade environment and procedures are set to become more predictable and transparent with the launch of the Mongolia Trade Information Portal (MTIP).
The new portal, supported by the World Bank Group, aims to make import and export activity easier and less costly for Mongolian businesses, especially micro, small and medium-sized enterprises.
Led by the Mongolian Customs General Administration, the portal is a web-based database system, which makes all international trade-related information available at the stroke of a key, including laws, administrative procedures, guidance notes, forms, licenses, permits, applicable laws, and tariff information.
The new portal also provides information on trade agreements and international organizations or institutions supporting overseas business expansion, as well as tools enabling exporters to perform trade analysis, desk research and market surveys.