Advancing Trade Facilitation: Key takeaways from the Dialogue between the WCO Policy Commission and the Private Sector Consultative Group

On 21 June 2023, the WCO Policy Commission and the Private Sector Consultative Group (PSCG) held a Dialogue session. This event was preceded by a separate PSCG meeting on 19 and 20 June. The purpose of the Dialogue was to foster collaboration and discuss pressing issues related to trade facilitation, sustainability, and business continuity across borders.
WCO Council Chairperson Mr. A. Al Khalifa, Bahrain’s President of Customs, extended a warm welcome to all PC and PSCG members and emphasized the importance of their collective efforts in shaping global trade policies.

Mr. Jaime King, Chairperson of the PSCG, presented a comprehensive report highlighting recent activities undertaken by the Group. The report shed light on various initiatives and meetings organized by the private sector to enhance trade efficiency and address emerging challenges.

Advancing Trade Facilitation: Key takeaways from the Dialogue between the WCO Policy Commission and the Private Sector Consultative Group

The Dialogue then turned into an open discussion covering several key topics, starting with the role of public-private collaboration in supporting women entrepreneurs engaged in cross-border trade, with a particular focus on the Authorized Economic Operator (AEO) programme. Participants shared their insights and experiences, highlighting the importance of gender-mainstreaming policies and women’s empowerment in the international trade arena.

Another major area of focus was environmental sustainability and the green supply chain. The private sector underlined its role in this, and shared best practices regarding the promotion of environmentally friendly trade operations. The Dialogue also explored opportunities for Customs to contribute to green supply chain initiatives and ways to respond effectively to environmental concerns.

Border compliance and performance measurement were discussed from a private sector perspective, offering valuable insights into improving efficiency and reducing barriers to trade. Delegates stressed the need for standardized compliance practices and robust performance measures to streamline Customs procedures and facilitate cross-border transactions.

The PSCG made a presentation underscoring the importance of ensuring business continuity in the face of disruptions to trade. The private sector's interpretation of trade facilitation and its significance for the WCO PSCG were also explained.

Advancing Trade Facilitation: Key takeaways from the Dialogue between the WCO Policy Commission and the Private Sector Consultative Group

In addition to the core Agenda items, participants had an opportunity to discuss other relevant business matters and were informed of the composition of the PSCG for the upcoming year (2023/2024), designed to ensure a balanced representation from diverse sectors and different regions.

The Dialogue session concluded with some closing remarks by WCO Secretary General Dr. Kunio Mikuriya, who expressed his appreciation of the active participation by attendees, as well as their insightful contributions. The PSCG Chairperson seized the opportunity to express his thanks to Dr. Mikuriya as the outgoing Secretary General, acknowledging his significant contribution to the dialogue with the private sector and his dedication to international trade over the years.

Advancing Trade Facilitation: Key takeaways from the Dialogue between the WCO Policy Commission and the Private Sector Consultative Group

The WCO PC-PSCG Dialogue session proved to be a valuable platform for engaging in meaningful discussions on crucial trade-related issues. The session facilitated collaboration between the public and private sectors, with the aim of enhancing trade facilitation, promoting sustainable practices, and ensuring business continuity in an ever-evolving global landscape.

Source: WCO

Related News

Vietnam Customs participates in supporting SACU to implement the AEO Program

Vietnam Customs participates in supporting SACU to implement the AEO Program

VCN - A representative of Vietnam Customs has joined a working group of the World Customs Organization (WCO) to support the Southern African Customs Union (SACU) in training members on implementing the Authorized Economic Operator Program (AEO) and the AEO Mutual Recognition Arrangement (AEO MRA).
Nearly 7,000 tariff lines of AKFTA product specific rules need to be transposed

Nearly 7,000 tariff lines of AKFTA product specific rules need to be transposed

VCN - ASEAN member states and the Republic of Korea (RoK) reached a consensus on the transposition of ASEAN-RoK Free Trade Agreement (AKFTA) Product Specific Rules from the Harmonised System Codes HS 2017 to HS 2022.
Vietnamese Customs in the eyes of international friends

Vietnamese Customs in the eyes of international friends

VCN - The prominent mark of the past year cannot be mentioned without highlighting the event where the Vietnam Customs hosted the World Customs Organization (WCO) Conference and Technology Exhibition 2023 in Hanoi in October 2023. The event concluded, leaving a positive impression on dignitaries and international friends. The image of Vietnam Customs truly shone after this particularly significant event.
Employing AI, ML in Customs and border management

Employing AI, ML in Customs and border management

VCN - The success of the 2023 Technology Conference and Exhibition of the World Customs Organization (WCO) co-hosted by The General Department of Vietnam Customs in Hanoi on 10th – 12th October 2023 has once again affirmed the important role of technology for Customs digital transformation. Customs administrations of many countries around the world have researched and applied technologies in specialized operations, including the artificial intelligence (AI) and machine learning (ML) in customs and border management.

Latest News

Saudi customs receives global acclaim for two-hour clearance service

Saudi customs receives global acclaim for two-hour clearance service

Saudi customs has garnered global acclaim for implementing the two-hour clearance service at all the country’s ports.
Customs create safe environment for all procedures

Customs create safe environment for all procedures

VCN - Customs is keen to create a safe environment for all procedures that contribute to the field of customs work for the general interest and work in particular, said an official.
Hong Kong customs arrests 7 for laundering $1.8 billion

Hong Kong customs arrests 7 for laundering $1.8 billion

VCN - Codenamed “Daybreak”, the operation was linked to a mobile app scam in India and two jewellery companies, the Customs and Excise Department revealed at a press conference on Friday.
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party

The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party

On 15 February 2024, His Excellency César Castañeda, Ambassador of the Embassy of Nicaragua to the Kingdom of Belgium and Mission to the European Union, deposited Nicaragua’s Instrument of Accession to the International Convention on the Simplification and Harmonization of Customs Procedures (as amended), commonly known as the Revised Kyoto Convention (RKC), to Ian Saunders, the Secretary General of the World Customs Organization (WCO), who serves as the depositary for the RKC. The ceremony took place at WCO Headquarters in Brussels, Belgium.

More News

Bulgaria Announces Merger of Customs and Revenue Agencies

Bulgaria Announces Merger of Customs and Revenue Agencies

The Bulgarian Ministry of Finance has unveiled plans to consolidate the National Revenue Agency and the Customs Agency into a single entity, marking a significant step towards streamlining financial operations in the country.
Digital technologies in customs control

Digital technologies in customs control

VCN - Customs administrations around the world have modernized and increasingly applied digital technologies in customs operations. E-commerce is growing exponentially and the global economy is becoming more and more digitized. Thanks to that development, there are now many digital data resources in the customs field. E-commerce grows exponentially in scale, and the global economy has become more digitalized. Because of these developments, a wealth of data and digital resources is now available to the customs field.
Customs seize cocaine

Customs seize cocaine 'skilfully' disguised as wine

Hong Kong Customs has seized about 444 kg of suspected liquid cocaine with an estimated market value of about 490 million Hong Kong dollars (about 63 million U.S. dollars), representing a record seizure of liquid cocaine, the customs said Monday.
Abu Dhabi Customs Supports Inspection System with Smart Devices that Streamline and Expedite Goods and Passengers Movement in Al Ain Ports

Abu Dhabi Customs Supports Inspection System with Smart Devices that Streamline and Expedite Goods and Passengers Movement in Al Ain Ports

VCN - In line with its strategic plan and key priorities, the General Administration of Abu Dhabi Customs has completed a project to provide its land customs centers in Al Ain City with advanced inspection devices supported by artificial intelligence systems and rapid non-stop scanning technology.
$10.2M in methamphetamine and cocaine hidden in flower shipment seized at Texas-Mexico border

$10.2M in methamphetamine and cocaine hidden in flower shipment seized at Texas-Mexico border

Four days before Christmas 2023, U.S. Customs and Border Protection officers seized more than $10.2 million in hard narcotics hidden within a commercial shipment of cut flowers.
2024 remains challenging for wood sector: experts

2024 remains challenging for wood sector: experts

The year 2024 is forecast to remain a challenging year for wood industry, given several issues affecting the sustainability of production and export, according to experts.
WCO and China Customs launch Smart Customs Project

WCO and China Customs launch Smart Customs Project

On December 5, during its 89th Policy Commission, the World Customs Organization (WCO) and the General Administration of Customs of the People’s Republic of China (GACC) signed a Cooperation Agreement, marking the start of the Smart Customs Project. This agreement was signed by WCO Secretary General Dr. Kunio Mikuriya and Vice Minister of GACC Dr. Wang Lingjun.
Customs Bill 2023 passed in Parliament

Customs Bill 2023 passed in Parliament

The Customs Bill 2023 was passed today in the Jatiya Sangsad here aiming to ensure fiscal discipline and accountability in import revenue collection and trade facilitation.
China

China's customs unveils new measures to boost processing trade

The General Administration of Customs has introduced 16 reform measures to foster the high-quality development of processing trade by tackling the challenges and issues that hinder its growth, said an official on Tuesday.
Read More

Your care

Latest Most read
Saudi customs receives global acclaim for two-hour clearance service

Saudi customs receives global acclaim for two-hour clearance service

Saudi customs has garnered global acclaim for implementing the two-hour clearance service at all the country’s ports.
Customs create safe environment for all procedures

Customs create safe environment for all procedures

VCN - Customs is keen to create a safe environment for all procedures that contribute to the field of customs work for the general interest and work in particular, said an official.
Hong Kong customs arrests 7 for laundering $1.8 billion

Hong Kong customs arrests 7 for laundering $1.8 billion

VCN - Codenamed “Daybreak”, the operation was linked to a mobile app scam in India and two jewellery companies, the Customs and Excise Department revealed at a press conference on Friday.
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party

The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party

On 15 February 2024, His Excellency César Castañeda, Ambassador of the Embassy of Nicaragua to the Kingdom of Belgium and Mission to the European Union, deposited Nicaragua’s Instrument of Accession to the International Convention on the Simplification and Harmonization of Customs Procedures (as amended), commonly known as the Revised Kyoto Convention (RKC), to Ian Saunders, the Secretary General of the World Customs Organization (WCO), who serves as the depositary for the RKC. The ceremony took place at WCO Headquarters in Brussels, Belgium.
Bulgaria Announces Merger of Customs and Revenue Agencies

Bulgaria Announces Merger of Customs and Revenue Agencies

The Bulgarian Ministry of Finance has unveiled plans to consolidate the National Revenue Agency and the Customs Agency into a single entity, marking a significant step towards streamlining financial operations in the country.
Mobile Version