Kazakhstan plans to launch an automated cross-border trade settlement system
According to the news from the Kazakhstan government network on August 12, the Ministry of Trade and Integration of Kazakhstan announced that the automated cross-border trade settlement integration system (ATTIS) developed by the Kazakhstan government is planned to be fully launched at the end of 2021, which can be a “One Belt, One Road” initiative. "All foreign trade enterprises within the framework of the initiative provide a full range of information services. The system will operate in the form of a "single window" to provide foreign trade companies with one-stop services from contract signing to trade settlement. At that time, cross-border trade between China and Kazakhstan can be carried out through the system platform.
According to the news, the automated cross-border trade settlement system is essentially a unified information platform, which can support the "Astana-1" information system (ASTANA-1), the international air cargo data service system (eFreight), and the Harbin Railway Cargo Company. Integrate existing information systems such as the information system and the International Road Transport Union (IRU) information system to reduce the number of searches for relevant transaction partners and complete all transaction processes on a single platform, thereby saving foreign trade companies from providing required information to state agencies Time and resource costs.
