Pakistan registers sellers with Amazon
ISLAMABAD: Pakistan is in the system of registering the country’s goods sellers with US e-commerce large Amazon and has sent a list of 38 exporters for registration.
The initial list of 38 exporters incorporates surgical and sports activities goods, and domestic fabric sectors and the list could be extended to other sectors in the close to future, after a successful trial of the shortlisted companies, announced Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood even as chairing the second assembly of the National e-Commerce Council on Thursday.
A video message of the World Trade Organisation (WTO) director-general, who appreciated Pakistan’s e-commerce policy as a step inside the proper direction, became additionally shared with meeting members. The adviser spoke approximately the development made within the current beyond at the e-trade policy, on the grounds that its approval on October 1, 2019. He appreciated coordinated efforts of public and private sectors for effective implementation of the policy.
DawoodCompany emphasized that the fashion of e-commerce had improved in the latest years with the improvement and clean accessibility of the internet. He added that because of the Covid-19 pandemic, the importance of e-trade had increased manifold, making it an extremely essential zone of the economy.
He underscored the importance of directing resources toward virtual adoption and connecting small and medium enterprises (SMEs) with e-platforms throughout the globe at the same time as exploring new market access possibilities for them.
Sharing development, a State Bank of Pakistan (SBP) official stated the regulatory framework for the facilitation of cross-border B2C (e-trade) were developed, which could be followed after integration with the e-trade module to be developed with the aid of the Federal Board of Revenue (FBR) within the Web-based One Customs (WeBOC) system. Punjab and Khyber-Pakhtunkhwa revenue government apprised assembly individuals of the incentives being announced for the digital and e-commerce area in provincial budgets to support it during these difficult circumstances.
Representatives of the Consumer Protection Councils of Punjab and Lahore and of the Consumer Rights Commission of Pakistan informed meeting members that, consistent with the e-commerce coverage, the federal and provincial client laws have been being amended to consist of e-commerce and the disputes springing up from the zone.
They brought that webinars had been being planned to educate the academia and teach judicial officers in client protection. Meanwhile, the Securities and Exchange Commission of Pakistan (SECP) found out that numerous new initiatives have been being planned to sell e-trade, along with a separate quarter type for e-commerce.
So far, 152 agencies have registered on its portal, which has decreased the time required for organization registration to four hours.
Speaking at the occasion, the commerce secretary stated the Ministry of Commerce become constantly engaged with Pakistan’s foreign exchange missions for promoting alternate and exploring new markets for exporters. In this regard, a new improvement is the registration of Pakistani dealers with Amazon.