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Moeed discusses cross border trade related security challenges at PSW

ISLAMABAD: National Security Advisor Moeed Yusuf was briefed on Pakistan Single Window initiative throughout his go to to the PSW headquarters on Thursday.

The Advisor mentioned points associated to the safety challenges and threat mitigation within the cross border commerce actions in Pakistan.

Moeed Yusuf appreciated the PSW crew for an efficient implementation of the platform to digitize the commerce processes. He stated that Pakistan Single Window is years forward of its time. “It is important to identify and engage the champions of the system from the very start to ensure a smooth implementation,” he added.

He additionally highlighted among the potential dangers that might be confronted throughout roll out of the system and instructed an all-inclusive design and implementation strategy to mitigate these dangers.

The advisor was given an in depth presentation on PSW’s options and companies and was knowledgeable about completely different parts such because the built-in threat administration system, ports neighborhood system and the combination of economic banks and completely different authorities businesses.

He was additionally knowledgeable about PSW initiatives geared toward strengthening the financial safety of the nation by countering under-invoicing, and commerce primarily based cash laundering corresponding to integration with the IBM/Maersk owned TradeLens platform and different regional single window techniques.

CEO PSW Syed Aftab Haider said that PSW was constructing capability for information evaluation and processing of Big Data. “We would like to leverage the huge volume of data passing through the system to enable evidence based decision making by the policy maker,” he added.

The advisor was additional knowledgeable that threat mitigation and alter administration are a powerful element throughout the PSW firm. Moreover, Coordination, Collaboration and Connectivity are the guiding rules for all PSW initiatives.

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