Islamabad (PNI) June 2, 2022 – A Memorandum of Understanding (MoU) was signed between Pakistan Single Window (PSW), Trade Foresight (TF) and Trioca Ventures Private Limited (TVPL) for collaboration on training and capacity building of traders and other stakeholders to enable them to use the single-window system and benefit from its different features. The partnership aims to provide training and technical skills to various groups of PSW users including Pakistan’s traders, government officials, businesses, entrepreneurs, and micro, small, and medium-sized enterprises (MSMEs), with a specific focus on women-led ventures and intends to connect more Pakistani businesses to the international supply chain.
As per the agreement reached, PSW and TF will collaborate on designing, developing and delivering training programs using blended learning methodologies. TVPL will provide support in developing and monitoring the program key performance indicators and timely communicate any deficiencies and deviations in program implementation. The MoU marks the first collaboration between PSW and a private sector firm and is expected to extend PSW’s reach for training and capacity building initiatives to a diverse group of stakeholders across various cities. It builds on PSW leadership’s vision to leverage private sector’s expertise and resources for better service delivery to the users.
Mr. Syed Aftab Haider, CEO of PSW said of the partnership, “We are excited to have entered in our first partnership arrangement with any private sector company. At PSW we have always believed in public and private sector collaboration for maximizing PSW offering to the general public and hope this MoU will pave the way for a deeper, more impactful engagement with other stakeholders. PSW is currently also exploring the idea of developing a trade knowledge management portal to provide interactive learning modules, certifications, and accredited programs for trainers and other PSW users who may want to have a deeper understanding of trade related issues. This will be in addition to the PSW Trade Information Portal of Pakistan (TIPP) that provides a single access point for all import, export, and transit related information. “Encouraged by the successful launch of TIPP, we would like to take it further and provide all trade related training courses, certifications, and other knowledge products on the PSW platform for the benefit of all stakeholders”, Haider said.
Dr. Ehsan of Trade Foresight commented, “We are honored to be the first private company supporting the launch of PSW and TIPP across Pakistan. Initiatives like these will help the entire Trade Ecosystem by reducing the complexity and duration of trade execution, while ensuring transparency of the process.”
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Pakistan Single Window (PSW) is an initiative of Pakistan’s federal government with a focus on transforming the trade and industry ecosystem. The Pakistan Single Window allows parties involved in trade and transport to file standardized information and documents at a single-entry point for all import, export, and transit-related regulatory requirements. The system is being developed and rolled out in phases by the PSW Company which is the notified ‘Operating entity’ for the PSW system under the provisions of the Pakistan Single Window Act, 2021.
Trade Foresight is a TradeTech company striving to digitize and complete the global trade value chain, and owner and operator of an analytics and data driven trade platform by the same name that connects Pakistani traders with potential buyers abroad. The company has direct offices in UAE, Malaysia and 4 Cities of Pakistan – Karachi, Sialkot, Islamabad and Peshawar, in addition to having partner presence in 10 countries around the world.
Trioca Ventures Private Limited (TVPL) is an Islamabad based company in the business of identifying potential startups, their financing, promoting startups, acceleration.
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