With the introduction of the Electronic Single Window (ESW) early next year, trade-related business transactions with Government will become easier and more efficient.
That is the word from Project Coordinator of the Barbados Competitiveness Programme, Terry Bascombe, who said the ESW would provide a single interface for the exchange of trade-related documents between the trading community and government agencies.
According to Mr. Bascombe, through the ESW, the trading community would be able to electronically determine, apply for, and obtain approval for the necessary licences, permits, certificates and other documents required to import or export.
Government and the Inter-American Development Bank entered into a loan contract in 2010 to cooperate in the execution of the Barbados Competitiveness Programme, in which the ESW is a major deliverable.
The Programme is designed to improve the island???s competitiveness by addressing the key blockages to the efficient movement of goods in Barbados, and supporting other trade and investment activities to promote export development and increase private investment.