BAKU, Azerbaijan, Dec. 29
By Nargiz Sadikhova – Trend:
Kazakhstan’s Ministry of Trade and Integration signed a memorandum on cooperation with Singapore’s CrimsonLogic Pte Ltd, Trend reports citing the ministry.
The goal of the Memorandum is the launch of the Trade Management Platform in Kazakhstan, including trade finance, a system for trade visualization and electronic certificates. Trade finance facilitates the cross-border movement of goods from the original source to the final destination. It also covers cargo insurance and B2B payments.
The creation of a trading visualization system by aggregating large volumes of trading information from several sources in real time is aimed at visualizing them and generating reports for quick and easy analysis. Also, the trading visualization system will display key performance indicators, patterns and trends in relation to potential bottlenecks and complex relations between stakeholders for informative decision-making.
Electronic Certificates initiative will provide an integrated electronic process for faster online certificate submission and receipt, and this web-based application will allow certificates to be instantly transferred to designated third-party recipients in a secure electronic environment.
CrimsonLogic is a global provider of eGovernment products and services headquartered in Singapore.
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