More Ministries Added To Cambodian National Single Window

0
135

The Cambodian National Single Window (NSW) was launched in 2019 by the Ministry of Economy and Finance to help facilitate import and export activities, especially within the ASEAN region. Now nine further ministries and several institutions have been included.

The NSW was implemented to upload standardised information and documents with a single entry point for all import, export, and transit-related regulatory requirements. This digitised process is meant to speed up things and add accountability and transparency.

The General Department of Customs and Excise (GDCE) manages the planning, development, and implementation of the system in Cambodia which is also crucial to improve trade efficiency and competitiveness among ASEAN members who use the ASEAN Single Window (ASW). This improved the customs clearance gaming members and is meant to speed up the sharing and electronic exchange of customs data.

According to the Khmer Times, this third phase in Cambodia will last twelve months and will see the inclusion of:

  • Ministry of InteriorCambodian National Single Window
  • Ministry of National Defence
  • Ministry of Economy and Finance
  • Ministry of Mines and Energy
  • Ministry of Culture and Fines Arts
  • Ministry of Posts and Telecommunications
  • Ministry of Environment
  • National Bank of Cambodia
  • Ministry of Agriculture, Forestry and Fisheries

The existing Ministries already implemented in the first two phases are:

  • General Department of Customs and Excise
  • Ministry of Health
  • Ministry of Industry, Science, Technology and Innovation
  • Council of Development of Cambodia
  • Ministry of Commerce
  • Ministry of Agriculture, Forestry and Fisheries (Partial implementation)

In the recently published Reportlinker.com report “ASEAN Freight and Logistics Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)“, they suggest the ASEAN freight and logistics market is anticipated to grow by 6. 9%.

Cambodia has also signed an increasing number of FTA (Free Trade Agreements) and the RCEP has been an economic boon for the country, but companies are still responsible for knowing the tariffs and processes involved for the trade of all goods.

LEAVE A REPLY

Please enter your comment!
Please enter your name here