Cambodia on Tuesday launched the National Single Window (NSW), aiming to facilitate import and export activities and improve investment climate.
At the launching event here, Cambodian Prime Minister Hun Manet said the NSW was designed to be an electronic, online service to facilitate faster and more transparent international trade procedures.
He said the NSW is a facility that allows parties involved in international trade to lodge standardized information and documents with a single entry point to fulfill all import, export, and transit-related regulatory requirements.
“It will reduce costs and provide consistency and certainty to the total process from the start of the regulatory requirements to the clearance of goods,” he said.
Hun Manet said the NSW will promote trade facilitation, boost business efficiency, enhance fair competition, and improve investment climate.
He added that the NSW has also connected to the Association of Southeast Asian Nations (ASEAN) Single Window for exchanging data and information with other ASEAN member states.
In a congratulatory message on the launching event, Angela Ellard, deputy director-general of the World Trade Organization (WTO), said the NSW underlined Cambodia’s commitment to implementing the trade facilitation agreement at the WTO.
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Reporter: Xinhua
Publication date: May 8 2024
Source: Khmer Times