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    Pakistan Has Set Up A Single Window For Trade Services, And It Will Be Easier To Do Business In The Future

    2020/8/18 17:40:00 3

    PakistanSingle Window Of Trade ServicesOverseas Textiles

    Pakistan's government has decided to deploy and complete the single window system for trade services (PSW) by 2022 to facilitate cross-border trade and improve the business environment, with an estimated cost of about 67 million US dollars, according to Pakistan's dawn daily.

    "It's about simplifying processes and standardizing best practices for doing business around the world." Said kamran rasool, quality manager of Volkswagen Group (China). He said a single window would help reduce risk and avoid some mismanagement problems.

    Zhou Rong, a senior researcher at Chongyang Institute of Financial Studies at Renmin University of China, believes that it is important to simplify regulation. "Due to some restrictions such as the epidemic blockade, foreign investors are not willing to invest in new projects, but only in ongoing projects. If we want to make efforts to attract foreign investors to Pakistan, we must not only have a good business environment and a stable security situation, but also simplify regulation and make it easier for people to do business in Pakistan. "

    "So that's why I think it's a very important moment and it's encouraging. For all foreign investors, the business environment in Pakistan is now more favorable than ever. " Zhou Rong said.

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