PHNOM PENH: The Royal Government of Cambodia launched here this morning the National Single Widow (NSW) to contribute to bettering business environment, promoting trade, and enhancing the country’s economic growth.
Addressing the official launching event of NSW, Samdech Thipadei Hun Manet said the NSW will further tighten Cambodia’s competitiveness and resilience for trade and investment.
Samdech Thipadei Hun Manet encouraged all state institutions to join the NSW as now there are only 16 institutions.
“This is the most important goal of the Royal Government as NSW will further strengthen the government-to-government, government-to-business and business-to-business cooperation,” he underlined.
H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance said the US$3.4 million NSW project will allow the exporters-importers to apply for a license, a permit, a certificate, and other documents required for the export-import of goods to the competent ministries and institutions only once in order to receive the authorisation to be used in the fulfillment of customs clearance form through electronic mean.
At the same time, he added, NSW is also connected to the ASEAN Single Window for the electronic exchange of the Certificate of Origin, the ASEAN Customs Declaration Document and other international trade-related documents with ASEAN members and ASEAN dialogue partners.
The Royal Government has announced its commitment to develop this new system to support trade facilitation policies in line with international agreements and international best practices, especially with ASEAN and the World Trade Organisation, said H.E. Dr. Aun Pornmoniroth, also Head of the NSW leading Committee.