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___________________________________________________________________________ 2014/SOM3/CTI/SEM1/007rev1 Session 2 Singapore TradeNet—Facilitating Trade Through a Single Electronic Window Submitted by: Singapore Seminar on APEC Model E-Ports Beijing, China 12 August 2014
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Singapore TradeNet—Facilitating Trade Through a Single ...

Nov 29, 2021

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Page 1: Singapore TradeNet—Facilitating Trade Through a Single ...

___________________________________________________________________________

2014/SOM3/CTI/SEM1/007rev1 Session 2

Singapore TradeNet—Facilitating Trade Through a Single Electronic Window

Submitted by: Singapore

Seminar on APEC Model E-PortsBeijing, China

12 August 2014

Page 2: Singapore TradeNet—Facilitating Trade Through a Single ...

SINGAPORE CUSTOMS We Make Trade Easy, Fair & Secure

Copyright @ 2014 Singapore Customs. All Rights Reserved.

TradeNet®

Facilitating Trade through a Single

Electronic Window

Page 3: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

TradeNet®

• Singapore’s Single Window was launched on 1 Jan 1989

• Enables multiple parties to lodge standardised information electronically, with a single point of entry

• Provides a single platform for Singapore’s trade and logistics community to fulfill all import, export and transhipment related regulatory requirements 2

Page 4: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

Agri-food & Veterinary Authority

International Enterprise Singapore

Board

Environmental Agency

Central Narcotics Bureau

Media Development

Authority

InfoComm Development Authority of Singapore

Singapore Customs

Health Sciences Authority

Singapore Police Force

Singapore Civil

Defence Force

Ministry of Health

Building & Building & Construction Authority

100% Government Participation

TradeNet®

3

Page 5: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

CA’s Approval/ Rejection

2a

Clearance info 5

Submit declaration 1

No 2

Controlled goods?

TradeNet®

Yes 2

Competent Authorities (CAs)

TradeNet® processing flow and cargo clearance process

4

Declaring Agent

Final Approval/ Rejection

3

Auto-deduction of fees & taxes

Permit Info & Customs’ pre-clearance decision

3

3

Customs’ backend systems

3 Once declarations are approved, they are presented for cargo clearance

4

4

Importer’s Warehouse

Page 6: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

Current TradeNet® Performance

5

100% electronic

collections of duties and taxes

• 9 million permits processed annually, with total trade > S$900 billion

100% customs

declarations processed and approved via TradeNet®

• 99% of declarations processed within 10 minutes

3000 subscribers with 6000 users

Page 7: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

Manual system vs. TradeNet®

Characteristics Previous Manual process

TradeNet® Benefits

1. Submission of document Via expensive dispatch clerks/ couriers

Electronically from comforts of office (or home)

2. Time of submission Within office hours Available 24 hrs

3. Trips per controlling agency per document

At least 2 trips or more NO trips required

4. Copies of document Multiple copies Single copy

5. Turnaround time for approval From 4 hours to 2-7 days Within 10 mins

6. Dutiable goods handling Separate documents for customs processing

Same electronic document routed to customs for processing

7. Controlled goods handling Separate documents sent to different controlling agencies for processing

Same electronic document routed to controlling agencies for processing

8. Customs duties collection By cheque and cash Automatic transfers of funds for payment of taxes

9. Trade Documentation Fee S$10 per document S$2.88 per application

6

Page 8: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

7

TRADENET®

Importer

Chamber of Commerce

Logistic Provider

Bank

Shipping Agent

Exporter Insurance

Air Cargo Agent

TradeXchange®

7

Economy 1

Economy 2

Economy 3

Economy 4

Economy 5Economy 6

Economy 7

Economy 8

Economy 9

Page 9: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

Government-led efforts on streamlining logistics value chains and standardization

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50000

100000

150000

200000

250000

300000

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More than 200 companies have benefited

Trade Permit Preparation

Permit Returns

Freight Management

Trade Finance

Marine Cargo Insurance

HAMSWOOD

eCO Preparation

Data@Source

Significant growth of B2B transactions across TradeXchange between Jan 2011 and Aug 2013

8

Page 10: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved.

Success Factors

Clear Policy mandate from Government

Driven by appointed lead

agency

Pilots and Tests User Education

Dedicated committees and working group

Participation from private

sector

9

Page 11: Singapore TradeNet—Facilitating Trade Through a Single ...

We Make Trade Easy, Fair & Secure Copyright @ 2014 Singapore Customs.

All Rights Reserved. 10

Thank You