In accordance with the government’s commitment to the World Trade Organization (WTO) under the Trade Facilitation Agreement (TFA), Pakistan’s Trade Information Portal (TIPP) is now live.
For all cross-border trade-related information the TIPP is a single access point, according to the statement made yesterday on the Single Window Project (SWP). From over 77 government agencies over 530 laws, rules, processes, and other trade-related measures have been fully digitized and may now be accessed from anywhere.
TIPP is a website that provides the most up-to-date and comprehensive regulatory information on imports, exports, and transit trade for any item identified by its HS codes, as well as relevant statistical data for international trade.
During the epidemic, by giving timely updates on quickly changing regulations and processes the TIPP proved its worth to traders.
Trade Information Portals provide several advantages, including increased transparency and access to a wide range of data that can be critical in making trade and investment decisions. Under Article X of the General Agreement on Tariff and Trade (GATT) Commitment to Transparency, Pakistan was required to construct its Trade Information Portal, after which under Article 1.2 of the WTO TFA it agreed to implement the TIPP by 31 March 2022.
