Kale’s EDI based Cargo Community technology platform can play a significant role in implementation of trade facilitation measures as per WTOs (World Trade Organisation) directive, by helping lower transaction costs and speed up movement of goods through airports and ports.
Mumbai, December 23, 2013: Kale Logistics Solutions, a leading technology provider to the global logistics industry is poised to play a key role in helping several countries in implementation of the trade facilitation pact which was ratified in the recently concluded WTO discussions at Indonesia. Kale is a pioneer in creating India’s first electronic multi-modal cargo community system which is also being adopted in several countries now.
The WTO deal is aimed at bringing in a trade facilitation agreement which would help lower trade barriers and speed up movement of goods. The agreement could add billions of dollars to the $65 trillion global economy and help ease controls over flow of goods and services through ports and airports.
The trade facilitation includes many provisions to improve, simplify and speed customs procedures that should benefit air/ocean cargo shipments. Significantly, it requires customs authorities to have procedures for the expedited release of cargo, and for the quickest possible release of perishables. The agreement also requires customs authorities to provide for pre-arrival processing of goods; allow electronic payment; utilize risk management; establish trusted trader programs; promote the use of a "single window;" and publish all laws and requirements.
Commenting on the landmark agreement, Mr. Vipul Jain, Director, Kale Logistics Solutions said, "Our focus has always been to bring in technology transformation in the way business is conducted, specifically in Logistics and Transportation segments. Being an Industry focused IT provider, we understand the pulse of the global trade. WTO’s pact on trade facilitation is a significant move and since our solutions remain compliant with all industry and regulatory changes, we are in a position to ensure smooth movement of information that accompanies the goods. Our Cargo Community Platform- UPLIFT is a Single Window platfform that is already helping cargo stakeholders across several countries to overcome trade barriers and speed up the shipment supply cycle."