COMPARISON OF TRADE PORTALSDubai Trade & Singapore TradeXchange

AGENDA Trade Portals Need of Trade Portals Operating Model Before versus After Benefits Services Offered Similarities Value Added Services Performance Evaluation

TRADE PORTAL Means of facilitating trade Provides all information relating to trade Aggregation of information from various agencies Single window of logistical operations

NEED OF TRADE PORTAL

OPERATING MODEL

BEFORE V/S AFTERCharacteristics Before Trade Portal After Trade PortalSubmission of document Via expensive dispatch &

couriersVia electronic forms (from home or office)

Time of submission Within office hours 24 X 7 availabilityTrips per controlling agency per document

2 or more trips No trips

Copies of documents Multiple copies Single copyTurnaround time for approval From 4 hours to 2-7 working

daysWithin 10 mins

Dutiable goods handling Separate documents for customs processing

Same electronic document routed for customs processing

Controlled goods handling Separate documents for different controlling agencies

Same electronic document routed to different controlling agencies

Custom duties collection By cheque Automatic bank account deductions

Payment of various services Through cheque, demand draft

Through internet banking

DUBAI TRADE Established in 2003 Promotes via tagline of YOUR NEW HABIT Is an innovative trade facility that integrates the electronic services of

various trade and logistics service providers in Dubai under a single window

Major stakeholders : DP world, Dubai customs, Economic zones world, Dubai multi commodities centre

SERVICES OFFERED

VIDEO in the original version of the presentation.

VALUE ADDED SERVICES1. Cool chain

solutions Advanced –

i. For the transport of pharmaceutical products

ii. Cool dollys are used to transfer goods from land vehicle to the ship

2. Cool Chain Solutions Basic - for the transport of vegetables etc

3. Exotic care, Pet care, and Trade Care – for transfer and handling of pets ranging from birds, amphibians to big animals like hippo

Emirates Sky Cargo

1. Door to Door2. Airport to Door3. Door to Airport4. Live organs5. Human Remains6. Vulnerable

cargo7. Dangerous

Goods

8. Arms and Ammunition9. Automobiles10. Track and Trace 11. Custom Clearance

SINGAPORE TRADEXCHANGE

Established in 2007 Promotes via tagline of SIMPLIFIED REDEFINED GLOBALISED Is a secure and neutral platform that brings together the trade and logistics

community to connect and exchange information more simply via a single data exchange platform in industry accepted standardised formats

Major stakeholders : Singapore customs, Infocomm development Authority, Economic development board, Standards, Productivity and Innovation Board (SPRING Singapore)

SERVICES OFFERED

VIDEO in the original version of the presentation.

VALUE ADDED SERVICES1. Logistics and Freight

Design Integrated multimodal

solutionsi. Power system supervision –

fluctuation in voltages basically failure management

ii. Traffic Management – tracking of the routes n traffic in the route planned

iii. Security Management – perimeter security, intrusion detection

iv. Operations and Maintenance

2. Overseas Highway customs -Allows data to be conveniently submitted online for customs clearance across 26 countries

3. Shipping line linkages -tracking of cargo

BENEFITS Single Interface to multiple systems Minimum data re-entry with data re-use Secure information and document transfer Faster revenue collection Faster Trade document processing Improved operational efficiency Increased Global competitiveness Lower Business cost

SIMILARITIES BETWEEN PORTALS

Government initiative Large electronic base Major stakeholders Integrated multi-modal service

PERFORMANCE INDICATORS• Increased services rendered to 750• Added 90000 companies in the database• Trained 15000 users for usage of services• Handled 82.3 Million electronic Transactions• Achieved 93% adaptation rate• Handled 2 Million Enquires through contact

center

• Reduced the trade permit preparation time from 3-4 days to 1-2 days

• Reduced the marine cargo insurance application time by 90%

• Man-hour saving of 2860 hrs. annually• Cost Saving of $20000 annually

THANK YOUDeepanshi JainDhruv MisraKrishnamurthy Sripathy

Group 1