KUALA LUMPUR: Dagang Net Technologies Sdn Bhd, a wholly-owned subsidiary of Dagang NeXchange Bhd (DNeX), has partnered with Conex SAS to streamline European Union (EU) trade compliance for Malaysian exporters.
DNeX said the collaboration aims to assist exporters in fulfilling the EU's Import Control System 2 (ICS2) requirements, which mandate pre-notification of goods to customs authorities before shipment to the EU.
DNeX and Conex will jointly develop a new service expected to be available by March 2025.
This will enable Malaysian exporters to electronically submit electronically the necessary ICS2 information directly to the central EU system for risk assessment, simplifying the process and ensuring their compliance.
"This partnership will equip Malaysian businesses with the necessary tools to navigate EU regulations and maintain smooth trade operations," said DNeX executive chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir.
Conex, a French company and leading EU IT service provider in customs procedure management solutions, will leverage its expertise and platform to facilitate the seamless integration of the Entry Summary Declaration submission process.
The partnership will benefit Malaysian exporters by reducing administrative burdens by automatising the ICS2 submission process, minimising delays and disruptions and improving trade efficiency.
"We are pleased to support Malaysian businesses in meeting the growing demand for compliance in international trade," said Conex chief executive officer Bertrand Gruson.