The 129th / 130th session of the Customs Co-operation Council to be opened
WCO shares initiatives on gender equality with customs of CPLP | |
Strengthening of cooperation between customs and tax authorities | |
Oceania Customs Organisation acts on implementing HS 2017 |
Vietnam Customs’ delegation headed by the Deputy Director General, Mr. Nguyen Duong Thai (left) attended the meeting. |
During this meeting, the most heated themes are Security, Illegal Financial Flows Counteracting, Trade Facilitation Agreement and Data Analysis for Effective Border Management, the latter is also the main theme of World Customs in 2017.
Security is the topic that has been discussed in many meetings on Custom Controls in recent years after the terrorist attack 11/9 in the US and was reheated with the “Security” Project funded by Japanese Government starting this year in several Asian countries. Recently, in the situation that the terrorism crimes happen all over the world with homemade weapons, World Custom Co-operation Council has issued Punta-Cana Resolution in December 2015, emphasizing the role of Customs in controlling compliance and security.
About the fight against illegal financial flows, the G8 and G20 leaders are urging countries to take action on several fronts: strengthening their anti-money laundering regimes, enforcing greater transparency of company ownership, and supporting efforts to trace, freeze and recover stolen assets. They are also committed to automatic exchange of information to tackle tax evasion. The role of Customs in this strategy is collaborate with tax and other related authorities to control illegal transferring of money across the borders and combat trade mis-invoicing.
Alongside custom controls, the role of Customs in trade facilitation is promoted more than ever in this year with the WTO Trade Facilitation Agreement coming into force. This is the only multilateral agreement was signed from the establishment of WTO in 1995, which attracts the political will of leaders from every country in the world. The agreement was quickly approved by two-third members of WTO since it had been passed by Ministers of Commerce and just came into force on 22nd February 2017. Vietnam has been one of the most active members participating in discussion, negotiation, and implementation of the agreement through the establishment of “the National Steering Committee for the ASEAN Single Window, the National Single Window and trade facilitation led by Vice Prime Minister Vương Đình Huệ”.
The main theme of this year - “Data analysis for effective border management”, announced in the World International Customs Day, is the extension of the “Digital Customs” theme in 2016. In the face of rapid change of technology application in e-commerce, the evolution of global value chains, it is a great challenge for Customs administrations is they cannot keep up with the development of commercial practices. The shipping size of goods trading across border is smaller but the number of shipment is increasing rapidly.
WCO supports the EAC developing a new 5 year risk management strategy VCN- According to the World Customs Organization (WCO), the WCO successfully conducted a five-day workshop from 22nd to 26th ... |
Alongside technical issues, the meeting of World Custom Cooperation Council 2017 also discusses a range of strategic management topics in 3 working days from 5th July to 8th July. The issue of new accessions to the WCO which creating a hot debate in the meeting has indicated that the transparency and involvement of political sensitivity have been changed in this only international organization of World Customs community.
Over the past 65 years, the organization has grown steadily with the rapidly increasing number of contracting parties from the first founding 17 member countries in 1952 to more than 180 members nowadays. The core Conventions on the Harmonized Commodity Description and Coding System, the Revised Kyoto Convention on the Simplification and Harmonization of Customs Procedures and the SAFE Framework of Standards to Secure and Facilitate Global Trade together with variety of tools and instruments have indeed become the profound standards for facilitating and securing the flow of 98% of global trade. |
Related News
Chi Ma Customs Branch’s revenue increases
10:15 | 03/05/2024 Customs
Vietnam Customs participates in supporting SACU to implement the AEO Program
19:35 | 01/05/2024 Customs
Enhance the core values of the national brand
15:36 | 02/05/2024 Import-Export
Risk prevention solutions for processing and export manufacturing businesses
07:52 | 29/04/2024 Regulations
Latest News
Saudi customs receives global acclaim for two-hour clearance service
07:49 | 05/04/2024 World Customs
Customs create safe environment for all procedures
10:01 | 22/03/2024 World Customs
Hong Kong customs arrests 7 for laundering $1.8 billion
14:51 | 23/02/2024 World Customs
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party
17:44 | 21/02/2024 World Customs
More News
Bulgaria Announces Merger of Customs and Revenue Agencies
17:43 | 21/02/2024 World Customs
Employing AI, ML in Customs and border management
07:53 | 13/02/2024 World Customs
Digital technologies in customs control
08:06 | 11/02/2024 World Customs
Customs seize cocaine 'skilfully' disguised as wine
15:29 | 23/01/2024 World Customs
Abu Dhabi Customs Supports Inspection System with Smart Devices that Streamline and Expedite Goods and Passengers Movement in Al Ain Ports
13:41 | 17/01/2024 World Customs
$10.2M in methamphetamine and cocaine hidden in flower shipment seized at Texas-Mexico border
13:57 | 11/01/2024 World Customs
World Customs Organization welcomes new Secretary General
13:55 | 11/01/2024 World Customs
2024 remains challenging for wood sector: experts
15:51 | 02/01/2024 World Customs
WCO and China Customs launch Smart Customs Project
14:55 | 23/12/2023 World Customs
Your care
Saudi customs receives global acclaim for two-hour clearance service
07:49 | 05/04/2024 World Customs
Customs create safe environment for all procedures
10:01 | 22/03/2024 World Customs
Hong Kong customs arrests 7 for laundering $1.8 billion
14:51 | 23/02/2024 World Customs
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party
17:44 | 21/02/2024 World Customs
Bulgaria Announces Merger of Customs and Revenue Agencies
17:43 | 21/02/2024 World Customs