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KUALA LUMPUR: Dagang Net Technologies Sdn Bhd hopes to complete the rollout of national single window (NSW), an online trade facilitator for exporters and importers, by March next year, said its chairman Datuk Syed Muhamad Syed Abdul Kadir.
Dagang Net's NSW, dubbed myTradeLink, will eventually hook up to the wider Asean single window (ASW) in a region-wide initiative to ease cross-border trade.
"Dagang Net has been in existence for 20 years and focuses on trade facilitation. And now the focus is on NSW," he said at the Asia-Europe Alliance (Aseal) Summit on Paperless Trade, which was officiated by International Trade and Industry Deputy Minister Datuk Mukhriz Mahathir.
myTradeLink allows secure and efficient submission of data and information to ensure speedy customs clearance. The services offered by the facility include eDeclare, ePayment, eManifest, ePermit, and ePreferential Certificate of Origin.
Syed Muhamad |
Syed Muhamad said RM18 million had been invested to equip the government-sponsored NSW with required hardware and software, personnel and initial expertise.
He added that Dagang Net was concurrently working with all the other Asean countries to develop an ASW model framework, which could be ready in 18 months' time.
"The Asean Jakarta secretariat is very interested to work with us in coming up with a model framework of the ASW to prove that it is viable. However, it would take some time due to the involvement of so many countries," he said, adding that Dagang Net was also helping Cambodia, Laos, Myanmar and Vietnam formulate their own internal networks.
Mukhriz added: "To demonstrate our commitment to the ASW, we have conducted technical feasibility by electronically exchanging the preferential Certificate of Origin (COO) and Common Effective Preferential Tariff (CEPT) information between Malaysia, Indonesia and Philippines."
He said Malaysia had successfully transmitted 4,185 CEPT to Indonesia and 889 CEPT to the Philippines since July 2009.
The NSW expedites processing time by 70% according to Syed Muhamad. "Documents that take up to three to five days for clearance manually can be completed within two days online," he said.
Dagang Net handles more than 120,000 electronic transactions everyday and about RM1.8 billion worth of customs duty payments a year.
It connects more than 5,000 organisations comprising manufacturers, forwarders, shipping agents, terminal and port operators, banks, port authorities and custom houses.
Source: http://www.theedgemalaysia.com/business-news/157807-rollout-of-mytradelink-by-march-2011.html
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