The Networked Trade Platform (NTP), what it means for your
business and your supply chain activities
How often has your goods arrived at the destination ahead of the documentation required to clear the goods?
A shipment between Singapore and Indonesia takes just 1 to 2 days by sea. According to World Bank Data*, it could take 8 days to clear customs in Indonesia. The same shipment generates as many as 40 documents through various processes. With short transits in intra-regional trade, getting all your documents to the destination before the shipment arrives can be a huge challenge.
Find out about how the recent MOUs signed between Singapore, Indonesia, and the Customs Administration of the Netherlands can help you leverage the digital trade connectivity to support your cross border supply chains.
Today, you can speed up your processes for shipments; whether it’s preferential tariffs under Singapore’s FTAs or easing transhipment via Singapore, Networked Trade Platform (NTP) can digitally transmit your documentation, saving time and removing uncertainty on your document’s authenticity.
Join us at our dialogue on 21 January 2020 (Tuesday) morning (9.30 – 11.30 am) to share your business challenges and influence how the upcoming initiatives on NTP can support your business priorities. Seats are limited so register today.
Not yet an NTP user? Come find out more about the NTP or how it can help solve your cross-border supply chain challenges.
Networked Trade Platform (NTP) Office