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With regard to the BESW, Sinckler said it allows more than 170 applications to be drawn from the paper to the paperless world.
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He disclosed that the upgrade to ASYCUDA World was expected to be completed by the end of October, and its go-live date would now be February 2018.ĪSYCUDA World will allow government to streamline and simplify supply-chain processes from the point of importation to customs clearance to final importers to consumers.Īll importers, exporters or their agents will be able to submit their single administrative document along with supporting documentation for the processing of their goods from their homes or businesses, as long as they have internet connection.
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The Minister pointed out that Government had implemented various initiatives to improve business in Barbados and highlighted some as the Barbados Electronic Single Window (BESW) and the Customs and Excise Department’s Automated System (ASYCUDA), which is currently being upgraded to ASYCUDA World. “That tells the significant extent to which trade is a critical part of Barbados’ existence,” he said. Sinckler told his audience: “Government is mindful that economic growth and development cannot be achieved without the great facilitation of trade among Barbadians, trade into Barbados with other countries and trade outside of Barbados with our partners.”Īccording to him, since 2010 the value of trade in Barbados, particularly as it relates to imports, measured around $3 billion. Sinckler made the comments over the weekend, as he addressed the annual general meeting of the Customs Brokers, at the Small Business Centre in Fontabelle.
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This island’s Minister of Finance, Christopher Sinckler, has reiterated Government’s commitment to improving business facilitation in Barbados.