National Trade & Transport
Facilitation Committee
The Government of Pakistan decided to constitute
a Standing Committee with the name of National Trade and Transport
Facilitation Committee (NTTFC), under the chairmanship of Additional
Secretary Commerce. The NTTFC was established under resolution
No.1(8)/94-ITO/UNCTAD, dated 14 July 1998.
Terms of Reference
- Continuous
review of the trade and transport procedures and systems with
a view to update their simplification and harmonization.
- Undertake
coordination of efforts of concerned organizations in the
field of facilitation of international trade and transport.
- Collect
and disseminate information on international trade and transport
formalities, procedures, documentation and related matters.
- Pursue
the simplification and alignment of trade and transport documents
on the basis of the United Nations Layout Key, including documents
designed for use in computer and other automated systems.
- Promote
the adoption of the standard trade and transport terminology
and international codes for trade and transport information.
This
Resolution supercedes the earlier Resolution of even number
dated 25th April, 2001.
Objectives
The globalization of business and markets is
making it essential for all the countries to conduct their international
trade according to internationally agreed norms and standards.
Trading based on outmoded and procedures and documents results
in higher costs, longer lead times and lower profits.. Pakistan
needs to adapt to international best practices to remain competitive.
One objective of the NTTFC is to encourage and support coordination
among the various Government agencies and commercial enterprises
that participate in international trade transactions.
Another objective
of the Committee is to create a competent cross-sectoral secretariat
where trade and transport related problems that may influence
more then two parties can be analyzed, and practical solutions
developed for consideration by the NTTFC members. NTTFC will
assist in updating Pakistan’s legal and institutional environment
for trade and transport
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