ISLAMABAD: Pakistan has improved its ranking by 31 spots as it jumped from 142nd to 111th on the Trading Across Border Index.
A statement issued by the Federal Board of Revenue (FBR) stated, “Trading across the border has been made easier by Pakistani government’s reform efforts focusing on three crucial areas, including enhancing the integration of various agencies in the Web-Based One Customs (WEBOC) electronic system, reducing the number of documents required for import and export clearances, and enhancing the capacities of Pakistani Customs officials in smoothly regulating border trade,” the FBR stated.
The statement said, “The border-related facilitations are among the top priority areas as per the comprehensive policy laid down by the federal government. The statement added that concerted efforts by Pakistan Customs, under the FBR, led to impressive performance in terms of compliance with the provisions of World Trade Organization Trade Facilitation Agreement.
“Pakistan Customs has pursued the implementation of effective customs controls so that compliant trade is thoroughly facilitated, while lesser or non-compliant trade is diverted to detailed scrutiny,” it added.
