{"id":5696,"date":"2018-02-20T15:58:12","date_gmt":"2018-02-20T15:58:12","guid":{"rendered":"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/?p=5696"},"modified":"2018-03-01T15:17:49","modified_gmt":"2018-03-01T15:17:49","slug":"new-system-set-modernize-customsdepartment","status":"publish","type":"post","link":"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2018\/02\/20\/new-system-set-modernize-customsdepartment\/","title":{"rendered":"New System Set to Modernize Customs\tDepartment"},"content":{"rendered":"<div id=\"attachment_65550\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-65550\" class=\"wp-image-65550 size-medium\" src=\"https:\/\/www.bahamastradeinfo.gov.bs\/cms\/wp-content\/uploads\/2018\/02\/jasmine-hudson-1100x772-300x211.jpg\" alt=\"\" width=\"300\" height=\"211\" \/><p id=\"caption-attachment-65550\" class=\"wp-caption-text\"><strong>Superintendent of Customs Jasmine Hudson addresses attendees at a recent \u201cTrading Across Borders\u201d workshop<\/strong><\/p><\/div>\n<h3>The import and export system will become more efficient<\/h3>\n<p>By April 2018, the Bahamian Customs Department\u2019s import and export system will be completely revamped into a paperless, a speedier, more efficient process with the introduction of the Bahamian Electronic Single Window (BESW), one of the outcomes of a public\/private a cooperative initiative involving Bahamas Customs, The Bahamas Chamber of Commerce &amp; Employers Confederation and Arawak Port Development (APD).<\/p>\n<p>The registration process for BESW is scheduled to begin in mid-March. Invitations will be sent out initially to all of the companies, brokers, shipping lines so that they can register first and then individuals will be invited after.<\/p>\n<p>BESW is expected to herald a new day in Bahamian import\/export processing hallmarked by 24-hour service, which will significantly increase the ease of doing business. Certain processes within the Customs Department that would normally take hours to complete will be done in just minutes. The system will also reduce red tape, cutting down on the number of steps and locales traditionally involved in the import\/export process in this country.<\/p>\n<h3>The Bahamas Electronic Single Window will support international trade<\/h3>\n<p>Speaking to a roomful of enthusiastic local brokers and traders at the \u201cTrading Across Borders Workshop\u201d hosted by Arawak Port Development and the Bahamas Customs Department, Superintendent of Customs, Jasmine Hudson explained that BESW will also benefit The Bahamas not only locally, but also in world trade.<\/p>\n<p>\u201cThe main objectives of the Single Window [is] it supports The Bahamas\u2019 public trading, it improves trade facilitation, strengthens the revenue collection and provides effective and efficient for our penetrable borders,\u201d Hudson said.<\/p>\n<p>She added, \u201cThe Bahamas Government, with the assistance of the IDB (InterAmerican Development Bank), is implementing a trade sector support program. The overall objective of this program is to improve the operation and efficiency of (the) Customs and Excise Department and to prepare the Government of The Bahamas for assession to the World Trade Organization (WTO).<\/p>\n<p>\u201cThere will not [a] paper document. Everything will be submitted electronically and there is no paper at all so nothing has to be printed and stamped \u2013nothing.<\/p>\n<p>\u201cThe new process will cut your time in, I would say, more than half of the time you would take to clear a shipment\u2026 In the old process, you would have submitted your documentation electronically; however, that entry would sit in a key for an extended period of time before it is processed by an officer. In the new system, the system will check the entry which makes the process a whole lot more quicker. That is where the time will be cut,\u201d Hudson said.<\/p>\n<h3>The initiative also improves the country&#8217;s ease of business ranking<\/h3>\n<p>At the Workshop, Chairman of the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) Mike Maura explained that BESW is a strategy to improve the country\u2019s overall ranking for the ease of doing business.<\/p>\n<p>\u201cBahamas Customs, The Bahamas Chamber of Commerce as well as Arawak Port Development (APD) have been engaged in working through the various ease of doing business issues and, specifically, trading across borders for two years now,\u201d he said. \u201cOur country has recognized that the last survey that was conducted, which began in February and March of last year and concluded with the report being issued in October 2017 had The Bahamas ranked at 119 out of 190 countries.\u201d<\/p>\n<p>Maura also ran through the list from last year\u2019s survey to lay out just how far The Bahamas has to go in order to improve its trade rating.<\/p>\n<p>In terms of the ranking for starting a business, 108; dealing with construction permits, 86; getting electricity, 117; registering properties, 167; getting credit, 142; protecting minority investors, 129; paying taxes, 55; enforcing contracts, 74; resolving insolvency, 64 and trading across borders, 157.<\/p>\n<h3>APD contributed financially to the development of the new system<\/h3>\n<p>Maura said although the transition to the new system will not be a smooth process every day. He has high hopes, however, that the more than $100,000 injection made by APD, owner and operator of Nassau Container Port (NCP) and Gladstone Freight Terminal (GFT), to link the systems of APD and Bahamas Customs will ensure a more efficient system.<\/p>\n<p>\u201cWe, definitely at the Port feel that we have a corporate responsibility,\u201d Maura explained. \u201cNo one came to us and said \u2018You are expected to spend $100,000\u2019. No one came to us and said \u2018You are expected to support Customs in all things.\u201d<\/p>\n<p>\u201cBut we listened, we understood the value of this journey that Customs was on from an ease of doing business perspective; we see the opportunity. We do not expect it to be a smooth ride every day. I can tell you in our business at the Port with our system \u2013 IT (Information Technology) systems that we have invested in \u2013 there are always challenges. But you persevere, you keep your head down, you get through the hard days and at the end of it, you have a reward, and we have always had a reward with the investments that we have made in IT.\u201d<\/p>\n<p>The World Bank publication \u201cDoing Business 2018\u201d recently noted slight improvements in the way The Bahamas facilitates business development. Despite a two-spot movement on the index, the publication shows The Bahamas falling below the regional average and in the areas of ease of getting electricity, registering property, getting credit, protecting minority investors and trading across borders.<\/p>\n<p>Read the <em>Trading Across Borders<\/em> brochure <a href=\"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/wp-content\/uploads\/sites\/2\/2018\/03\/Trading-Across-Borders-Brochure-2.pdf\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>.<\/p>\n<p><em>Source: TCL Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The import and export system will become more efficient By April 2018, the Bahamian Customs Department\u2019s import and export system will be completely revamped into a paperless, a speedier, more efficient process with the introduction of the Bahamian Electronic Single Window (BESW), one of the outcomes of a public\/private a cooperative initiative involving Bahamas Customs, [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":5697,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - 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