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Trade Facilitation and World Customs Organization (WCO) - PowerPoint PPT Presentation

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Trade Facilitation and World Customs Organization (WCO)
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  1. Trade Facilitation and World Customs Organization (WCO) Takashi NAKAO Capacity Building Directoate

  2. Intergovernmental organization of Customs administrations • Brussels, Belgium • 179 Members • - responsible for processing more than 98% of international trade • Key Activities • - Rule and Standard Setting • - International Cooperation, Sharing Information, best practices • - Capacity Building

  3. Protection of Economic Interests(domestic industry) Protection of Society <health, safety> (drug trafficking, firearms, environment, etc.) Economic Development <trade, investment> (trade facilitation) Security <terrorism> (shifting focus to the entire supply chain) Evolution of Customs role Revenue Collection of Import Taxes Customsfunction

  4. Economic Competitiveness Package (ECP) • Customs Service with high performance has a positive impact on economic competitiveness through trade facilitation • Transparent and Predictable Customs environment will encourage direct investment and the establishment of industrial facilities and logistics hubs • WCO existing instruments and tools and some new tools in the ECP • Implementing the ECP to assist countries in improving the external environment of their trading community and ultimately boosting trade

  5. Revised Kyoto Convention (RKC) • International Convention on the Simplification and Harmonization of Customs Procedures  • International blueprint for making Customs regulatory procedures as facilitative as possible • Providing a set of comprehensive Customs procedures to facilitate legitimate trade while ensuring the effective Customs control • Key principles: predictability, transparency, due process, maximum use of information technology, and modern Customs techniques • Eliminating divergence between Customs procedures and practices of Contracting countries

  6. Economic Competitiveness Package • Single Window • Coordinate Border Management • Risk Management • Authorized Economic Operator (AEO) Programme • Transit

  7. Capacity Building • Technical Assistances to support Customs reform and modernization • Training on international Customs standards and modern Customs techniques • Forum/tools of exchange information and share experiences on good practices • Cooperating closely with other international organizations

  8. Thank you for your attention ________________________________________________________________________________________________________ Takashi NAKAO Capacity Building Directorate, WCO takashi.nakao@wcoomd.org www.wcoomd.org