Indonesian Political, Business & Finance News

ASEAN discusses modernising cross-border trade procedures

| Source: ANTARA_ID Translated from Indonesian | Trade
ASEAN discusses modernising cross-border trade procedures
Image: ANTARA_ID

Vientiane (ANTARA) — ASEAN member states have discussed various ways to advance the development of the ASEAN Single Window (ASW) information exchange project to modernise cross-border trade procedures. The Department of Customs under the Laos Ministry of Finance hosted the 75th meeting of the Working Group on Technical Aspects for the ASEAN Single Window from Tuesday 19 May to Friday 22 May, with the aim of strengthening regional trade facilitation and modernising customs procedures, according to a ministry report released on Thursday 21 May. The meeting brought together representatives from ASEAN member states to discuss the development and integration of the ASW system, which supports faster and more efficient cross-border trade through electronic information exchange. Participants highlighted the importance of the ASW system in driving regional economic integration, improving customs efficiency, reducing documentation barriers, and simplifying cross-border trade procedures across ASEAN countries.

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