• Ministry of Finance Launches National Single Window to integrate TradeInvest into the online platform – a way to digitalize Timor-Leste’s trading sector

Home » Announcements » Ministry of Finance Launches National Single Window to integrate TradeInvest into the online platform – a way to digitalize Timor-Leste’s trading sector Print Page

Ministry of Finance Launches National Single Window to integrate TradeInvest into the online platform – a way to digitalize Timor-Leste’s trading sector

Monday, 1 of February 2021

Dili, Timor-Leste – The Minister of Finance, H.E. Rui Augusto Gomes and the Coordinating Minister for Economic Affairs, H.E. Joaquim Amaral, this morning, officially launched the National Single Window (NSW) of ASYCUDA World System for getting TradeInvest integrated into the online platform.

The launching was an important milestone for Customs Authority of the Ministry of Finance in the context of fiscal and public financial reform program, which was initially started off by the VI Gov. and this VIII Gov. is fully committed to push such a reform agenda. This NSW portal will connect Timor-Leste to the global trade market and will boost the country’s business access to markets in the areas such as agriculture, tourism, fisheries, livestock, and other industries – a way of enabling Timor-Leste to diversify its economy.

The online portal will connect the Customs Authority of the Ministry of Finance with the line ministries/government agencies that deals with the movement of goods and services, including Tax Authority, Immigration, Quarantine, Ministry of Health, Ministry of Transport and Telecommunications, MTCI, TradeInvest and the Port Authority. The interface system employed within public administration services will ease-up the congestion, reduce the transaction costs, including clearance times at land borders, port and airports – making it easier for the traders. It will also help the Government through the Ministry of Finance to collect the revenue in a fair and transparent manner.

In his opening remarks, Minister Rui Augusto Gomes said “with this launching of NSW, Timor-Leste has just accomplished another significant milestone within the realm of fiscal and public financial reform”. Minister Gomes further added that with the launching of this automatized system will certainly help minimizing complains in the areas of customs and to eventually ensure that the revenue collected from the customs services are well-recorded in the state account.

On the same occasion, Coordinating Minister for Economic Affairs, H.E. Joaquim Amaral emphasized that this launching is intent to simplify and to digitalize our system to connect Timor-Leste to global trade market. Further, Minister Amaral also stated that in the foreseeable future the relevant institutions such as SERVE and AIFAESA will also be encouraged to be integrated into this online platform.

This successful launch of NSW was the effort by the Customs Authority of the Ministry of Finance under the stewardship of H.E. Vice-Minister Dra. Sara L. Brites, with the support and assistance by United Nations Conference on Trade and Development (UNCTAD).

In 2017, the government via the Council of Ministers passed a resolution No. 14/2017 to establish the NSW through the ASYCUDA World System which has been utilized by Customs Authority of the Ministry of Finance since 2018.