WBTL-MCI-Streaming Committee discusses the development of Trade information portal

WBTL-MCI-Streaming Committee discusses the development of Trade information portal

Photo Tatoli/Egas Cristóvão

DILI, 8 september 2023 (TATOLI)- World Bank Timor-Leste (WBTL) and the Minister of Commerce and Industry (MCI) together with the streaming committee discussed the development of the Trade Information portal to accommodate the business, trade, and economy information to the public.

The World Bank Senior Trade Facilitation Specialist, Chris Lewis-Jones said this trade single window platform is to share trade and economy information from all different sectors worldwide.

“We will support the government to establish a Trade information platform to ensure the availability of information for trade and economy. This platform will help the business people to be able to access the export and import activity in Timor-Leste and also around the world,’’ said Chris Lewis Jones in the World Bank office, Lesidere, this Friday.

The platform will accumulate all the information on laws, regulations, procedures, and business will be available in this trade portal platform.

“This portal helps the business person to get all information on trade or any business forms. It does not require the business person to waste time processing all trading activity, but just access all information in the trade portal,” He explained.

Deputy Minister of Trade and Commerce, Augusto Junior Trindade said it is a great opportunity to discuss of trade information portal. The trade information portal was initiated by the Minister of Commerce Industry with the World Bank Timor-Leste (WBTL) allied with nine government constitutional programs.

“We are discussing to concentrate all information in one single trade portal. We observe that it is very important to provide all trade laws, regulation and to fulfill requirements which requested by World Trade Organization (WTO), South East, Asia Nation (ASEAN) and Economy Partnership Agreement (EPA),’’ he said

MTC also the collaboration effort made by the World Bank Timor-Leste and the Minister of Trade Industry to discuss the establishment of the Portal Trade Information platform.

Likewise, The commissary of the Customs Authority, José Abílio said that in this important meeting, the Customs Authority needed to gather all information and data on export and import activity.

All data required to be uploaded and published in the Portal Trade Information platform. It is required to have one single window information source for the population worldwide to be accessed.

“We have a trade online system that is currently used, but WBTL and MTC wish to provide a trade information portal that will provide general information on business in the export and import sectors to facilitate business persons can access,’’ He concluded

World Bank Timor-Leste (WBTL) and Minister of Commerce and Industry (MCI) together with streaming committee composed of relevant Agency of the Customs Authority Agency, Quality Institute of Timor-Leste (IQTL), Trade Invest Timor-Leste (TI-TL), AIFAESA, Minister of Finance, Minister of Transportation and Communication (MTC) Private sector and others discussed the establishment of Trade Portal Trade Information platform.

This platform will be created by the World Bank and will be officially launched in the middle of December 2023.


Journalist: José Belarmino De Sá

Editor: Nelia B.


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