Home » Breaking News, Customs & Trade » Updated WCO trade facilitation guide released

customs_at_london_stansted_airport_perspectivecropThe World Customs Organization (WCO) has published the updated TFA Implementation Guidance, incorporating new tools and instruments and adding more members’ practices to improve border trade flow, customs processes, and safety standards.

“The Guidance makes it easier to find information on the Revised Kyoto Convention, the SAFE Framework of Standards and other WCO tools, such as the Single Window Compendium, the Post-Clearance Audit Guidance and the Risk Management Compendium along with many others,” said a WCO release.

Featured new tools intended to harmonize and enhance implementation of the WTO Trade Facilitation Agreement (TFA) include Transparency and Predictability Guidelines, Customs-Business Partnership Guidance, Technical Guidelines on Advance Rulings for Classification, Origin and Valuation, AEO Compendium-2016 edition, Coordinated Border Management Compendium, Single Window Supplement, Study Report on Customs Brokers, Transit Handbook, Globally Networked Customs Handbook, and Guidance for National Committees on Trade Facilitation.

“The WCO’s instruments and tools cover all the TFA provisions. They reflect the experience and practices of the WCO’s 180 member customs administrations, as well as practices by other border agencies, trade and academia. They are not theoretical documents; instead, they provide useful practical guidance to make the potential of the TFA a reality,” said the organization.

“Upon accessing the TFA Implementation Guidance, you are just a few clicks away from the relevant WCO tools and instruments. All stakeholders, including those in the private sector, may access the Implementation Guidance free of charge,” it added.

Photo: Ralf_Roletschek

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