Dnex ties up with France-based Conex to streamline EU trade compliance for M’sian exporter


DNeX executive chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir Jamalullail

PETALING JAYA: Dagang Nexchange Bhd’s (Dnex) wholly-owned subsidiary, Dagang Net Technologies Sdn Bhd, has tied up with Conex SAS to streamline European Union (EU) trade compliance for Malaysian exporters.

In a statement, 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.

“Under this partnership, Dnex and Conex will jointly develop a new service expected to be available by March 2025.

“This service 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.”

Conex, a French company and leading EU information technology service provider in customs procedure management solutions with a strong track record in customs and security declaration transmission, will leverage its expertise and platform to facilitate the seamless integration of the entry summary declaration (ENS) submission process.

“This partnership will benefit Malaysian exporters by reducing administrative burdens, by automating the ICS2 submission process.”

Dnex said the partnership will also minimise delays and disruptions, ensuring timely and accurate data submission.

The partnership will also improve trade efficiency by streamlining trade operations with the EU.

"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 Jamalullail.

Bertrand Gruson, chief executive officer of Conex, said: "We are pleased to support Malaysian businesses in meeting the growing demand for compliance in international trade."

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DNeX , Dagang NeXchange ,

Next In Business News

PETRONAS aims to raise US$3bil in dollar bond deal, sources say
Bursa Malaysia, subsidiaries to close for Hari Raya Aidilfitri
Glomac stays cautious despite optimistic property market outlook
PMCK gets nod to list on ACE Market
Rohas bags RM92.8mil EPCC services job from TNB
Bank Negara works with Asean peers to boost local currency settlement
Gamuda's orderbook hits record RM36bil, driven by international projects
Ringgit ends higher against US dollar despite global uncertainties
Bintai Kinden bags RM27mil shop office construction job
Nestcon bags RM228mil condo development job

Others Also Read