apidays Singapore 2023 - Connecting the trade ecosystem, CHOO Wai Yee, Singapore Customs

apidays Singapore 2023 - Resilience to adaptability through digitisation
April 12 & 13, 2023

Connecting the trade ecosystem
CHOO Wai Yee, Director, Networked Trade Platform at Singapore Customs

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Transcript

1. The Networked Trade Platform April 2023
2. © 2023 Singapore Customs 2 2 NTP’s Vision is to Facilitate Trade and Data Exchange between Players in the Global Trade Ecosystem The NTP is a transformational platform ……Going forward, we must work towards greater connectivity, especially with our trading partners around the world. Our vision is for this to be a truly global network, to enable the efficient flow of goods and services, linked to a secure flow of financing, facilitated by a swift exchange of data, so that all parties, including regulatory and Customs authorities, can work together to facilitate trade. EXCERPT FROM KEYNOTE SPEECH BY DEPUTY PRIME MINISTER HENG SWEE KEAT
3. © 2019 Singapore Customs 3 Platform That Enables Interactions with Business Partners and Regulators on Trade Related Transactions
4. © 2023 Singapore Customs 4 4 Neutral Facilitator Not-for- Profit Open The Singapore Government Serves as a Neutral Facilitator and Convener for the NTP – an Open and Not-for-Profit Platform NOT-FOR-PROFIT  Lower cost of digitalisation, adoption and usage of the NTP  Focus on wide spread adoption and deep usage  Support competitive pricing among service providers GOVERNMENT AS NEUTRAL, NON-COMMERCIAL “FACILITATOR” & CONVENER  Provide utility layer with basic functionalities  Provide enabling eco-system environment, legal framework & data governance  Bring various stakeholders together to collaborate (e.g. Trade Finance) OPEN  Enable participation from private sector service providers  Non-exclusivity NTP
5. © 2023 Singapore Customs 5 5 Whole-of-Government (WOG) Support
6. © 2023 Singapore Customs 6 6 Enables Stakeholders to be Connected Across the Wider Trade Ecosystem Seamlessly Logistics Service Providers (LSPs) Partnerships with Commercial Networks Trade-related Value-Added Services (VAS) Foreign Trade Platforms Foreign Traders Shipping Lines Overseas Business Partners Shipping Lines Trade regulatory and competent authorities Singapore Traders Trade Financiers & Insurers Trade Financiers & Insurers Logistics Service Providers (LSPs) Key gateway for digital connections to cross-border platforms Foreign Customs, trade regulatory and competent authorities CONNECT  Minimise the cost and effort to connect with your trade partners  Connect and collaborate locally and overseas with new and existing partners  Apply for trade-related e- services directly with Singapore Customs
7. 7 NTP FEATURES & SERVICES
8. © 2023 Singapore Customs 8 8 Overview of the NTP’s Core Functionalities and Services B2B SERVICES UTILITIES VERIFIED DIGITAL IDENTITY AND SINGLE SIGN-ON GOVERNMENT SERVICES GOVERNMENT-TO-GOVERNMENT DIGITAL CONNECTIVITY Company CorpPass E-Services • ASEAN Customs Transit System/Declaration Document • Certificate of Origin • Chemical Weapons Convention • Customs’ Schemes, Permits and Licenses • Import/Export/Transhipment • Registration Forms • Strategic Goods Control • Voluntary Disclosures, Statements and Document Submissions Value Added Services • Electronic Certificate of Non-Manipulation • Electronic Preferential Certificate of Origin • Hand Carried Exports Scheme • Permit Return • Tariff Finder • Permit Clearance Query API/SFTP Digital Connectivity Data Repository Tasks & Notifications Single Sign-On (SSO) 1Connections are being developed. Currently, only ePCO and eCNM exchange with China is live. Value-added Services (VAS), and Digital Trade Services (DTS) that enable businesses to improve and streamline performance Transmit documents with other foreign customs through NTP1 • Australia • Brunei Darussalam • Cambodia • China • Indonesia • Malaysia • Myanmar • Netherlands • New Zealand • Philippines • Thailand
9. © 2023 Singapore Customs 9 Government to Government Digital Connectivity  Collaborations with partner countries to identify use cases and build cross-border digital connectivity  Enabling re-use of data resulting from cross border digital connectivity to facilitate digital trade Business to Government Interactions  Streamline Business to Government processes for traders to transact easily with the government  Explore trade-related processes (upstream/downstream) of traders’ transactions with Government to facilitate and enhance traders’ compliance with other regulatory requirements Government Data Services  Facilitate and enable the use of Government trade data for re-use and better decision making  enhance traders’ compliance with other regulatory requirements 9 NTP’s Key Focus Areas
10. © 2023 Singapore Customs 10 Government to Government Digital Connectivity  Collaborations with partner countries to identify use cases and build cross-border digital connectivity  Enabling re-use of data resulting from cross border digital connectivity to facilitate digital trade Business to Government Interactions  Streamline Business to Government processes for traders to transact easily with the government  Explore trade-related processes (upstream/downstream) of traders’ transactions with Government to facilitate and enhance traders’ compliance with other regulatory requirements Government Data Services  Facilitate and enable the use of Government trade data for re-use and better decision making  enhance traders’ compliance with other regulatory requirements. 10 NTP’s Key Focus Areas
11. © 2023 Singapore Customs 11 11 Example of Government to Government Digital Connectivity & Benefits Example 1: Electronic exchange of Preferential Certificate of Origin (PCO) and Certificate of Non-Manipulation (CNM) between Singapore and China Established under the China-Singapore FTA Upgrade negotiation concluded in Nov 2018 Allows for the electronic exchange of PCO and CNM between Singapore Customs and China’s General Administration of Customs Eliminates the need for hardcopy PCO or CNM to be dispatched overseas, enabling companies to enjoy savings in cost and time Singapore China 2 1 3 eCO eCNM
12. © 2023 Singapore Customs 12 • Customs is working with Singapore Food Agency (SFA) and National Parks Board on the exchange of eSPS certificates with Australia and New Zealand through the NTP under the Digital Economy Agreement with Australia • The direct exchange between regulators ensures authenticity and facilitates agri-trade between Singapore, Australia and New Zealand • Traders enjoy a more efficient border clearance for their imports/exports as the e-Certificates are transmitted quickly via digital channels (i.e. via the NTP) 12 Example 2: e-Sanitary and e-Phyto-Sanitary (eSPS) Certificates for meat, plants and animal products with Australia and New Zealand To Be AS IS EXPORTER IMPORTER Foreign Authorities SFA SFA Transmitted via NTP E-Cert Data Example of Government to Government Digital Connectivity & Benefits E-Cert Data
13. © 2023 Singapore Customs 13 Government to Government Digital Connectivity  Collaborations with partner countries to identify use cases and build cross-border digital connectivity  Enabling re-use of data resulting from cross border digital connectivity to facilitate digital trade Business to Government Interactions  Streamline Business to Government processes for traders to transact easily with the government  Explore trade-related processes (upstream/downstream) of traders’ transactions with Government to facilitate and enhance traders’ compliance with other regulatory requirements Government Data Services  Facilitate and enable the use of Government trade data for re-use and better decision making  enhance traders’ compliance with other regulatory requirements. 13 NTP’s Key Focus Areas
14. © 2023 Singapore Customs 14 14 Example of Business to Government Interactions Electronic Bankers’ Guarantee Programme (eBGP) Eliminates manual effort in review/vetting Bankers’ Guarantee data Trader Applies for BG Standardised guarantee text Electronic transmission of variable data via NTP Reduces variation and error Removes need to issue and safekeep physical BG Achieves time, cost and manpower savings Eliminates risk of physical BG being lost in transit Ensures authenticity of BG, reduces risk of fraud Benefits eBGP Agreement signed with each bank
15. © 2023 Singapore Customs 15 Government to Government Digital Connectivity  Collaborations with partner countries to identify use cases and build cross-border digital connectivity  Enabling re-use of data resulting from cross border digital connectivity to facilitate digital trade Business to Government Interactions  Streamline Business to Government processes for traders to transact easily with the government  Explore trade-related processes (upstream/downstream) of traders’ transactions with Government to facilitate and enhance traders’ compliance with other regulatory requirements Government Data Services  Facilitate and enable the use of Government trade data for re-use and better decision making  enhance traders’ compliance with other regulatory requirements. 15 NTP’s Key Focus Areas
16. © 2023 Singapore Customs 16 16 Example of Government Data Services • MoU signed between SG and Chinese Customs on 29 Dec 2021 to transmit and exchange trade and customs-related data and information • Non-sensitive cargo movement data involved; container no. used as unique identifier • Initial scope of collaboration – 2 ports in China (Yangshan port (Shanghai) and Qinzhou port (Guangxi)). Illustrative Start Vessel Arrival and Berth Estimate & Actual Load Date, time of container loaded End Gate-In Date, time of container gate-in Vessel Unberth and Departure Estimate & Actual Vessel Arrival and Berth Estimate & Actual Discharge Date, time of container discharge Gate-Out Date, time of container gate-out Export Permit Date, time of export declaration, approval & release Import Permit Date, time of import declaration, approval & release
17. NTP AS AN ECOSYSTEM
18. © 2023 Singapore Customs 18 18 NTP’s Vision is to Facilitate Trade and Data Exchange between Players in the Global Trade Ecosystem The NTP is a transformational platform ……Going forward, we must work towards greater connectivity, especially with our trading partners around the world. Our vision is for this to be a truly global network, to enable the efficient flow of goods and services, linked to a secure flow of financing, facilitated by a swift exchange of data, so that all parties, including regulatory and Customs authorities, can work together to facilitate trade. EXCERPT FROM KEYNOTE SPEECH BY DEPUTY PRIME MINISTER HENG SWEE KEAT
19. © 2023 Singapore Customs 19 International trade typically involves up to: 25 parties with at least 30-40 trade documents generated and 60-70% of information manually re-entered at least once Hardcopy/Email/ Fax/Phone Electronic Data Exchange Today’s Trade Processes are Fraught with Challenges
20. © 2023 Singapore Customs 20 20 Enables Stakeholders to be Connected Across the Wider Trade Ecosystem Seamlessly Logistics Service Providers (LSPs) Partnerships with Commercial Networks Trade-related Value-Added Services (VAS) Foreign Trade Platforms Foreign Traders Shipping Lines Overseas Business Partners Shipping Lines Trade regulatory and competent authorities Singapore Traders Trade Financiers & Insurers Trade Financiers & Insurers Logistics Service Providers (LSPs) Key gateway for digital connections to cross-border platforms Foreign Customs, trade regulatory and competent authorities CONNECT  Minimise the cost and effort to connect with your trade partners  Connect and collaborate locally and overseas with new and existing partners  Apply for trade-related e- services directly with Singapore Customs
21. www.ntp.gov.sg © 2019 Singapore Customs