In Panama, the regulations for the creation of the Single Window of Paperwork and its procedures to expedite trade in the free trade zone were approved.
Monday, April 8, 2019
"The Board of Directors of the Colon Free Zone (ZLC) approved the resolution that regulates the creation of the Single Window of Paperwork (VUT) and its procedures to expedite trade in the free trade zone, reported the manager of the free trade zone, Manuel Grimaldo," explained the ZLC.
From the Colon Free Zone statement:
The Single Window consists of an integrated system of competent authorities in government formalities in physical, electronic and/or digital form that allows the parties involved in foreign trade and international transport, through a single window or integral system, to manage the paperwork required according to current regulations for the entry, exit or transfer of the Colon Free Zone, as well as any other government procedure required within that zone.
The VUT will be made up of the government agencies involved in the procedures carried out by the companies under this regime, including, without limitation: the National Customs Authority, the Ministry of Health (Pharmacies and Drugs), the Panamanian Food Safety Authority, the National Bank, the Ministry of Agricultural Development, the Ministry of Labor and Labor Development, the National Immigration Service and any other entity that the Colon Free Zone considers necessary for the correct and expeditious processing of the required paperwork and processes.
Five months after the regulations for the creation of the Single Window of Procedures for the Colon Free Zone were approved in Panama, businessmen are asking for their implementation to be accelerated.
The Dominican Republic's free trade zones guild promises to reduce response times with the implementation of the Single Window for Foreign Trade of the General Directorate of Customs.
Simplifying procedures, transparency and security of processes, reduction of response times of requests, reduction of costs of stationery and office equipment, are some of the benefits that will enjoy for companies in areas with the implementation of the Single Window, informed the union.
In Panama, the Colon Free Zone established requirements for the issuance of special permits for the marketing of cigarettes, tobacco products and pharmaceuticals.
By means of Resolution No.008-2019, published in La Gaceta Oficial on April 25, 2019, it was informed that companies will have a maximum term of 120 calendar days to comply with the requirements of special permits for import, transfer, marketing, export and re-export of cigarettes and tobacco products.
From April, exporters and companies established in Panama's free trade zones will be able to carry out online procedures such as Declaration of Commercial Movement, Certification of Origin and Determination of Origin.
The companies in free trade zones that will be able to perform the three new online procedures will be those governed by Law 32, explained the Ministry of Commerce and Industries (MICI) in a statement.
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