Assumption of the Vice Chair by India of the Asia Pacific Region for the World Customs Organisation (WCO); MOS (Finance):Customs administrations need to become more efficient by reducing the transaction costs associated with Customs formalities, so that trade flows are not unnecessarily restricted https://www.taxtmi.com/news?id=20269 India assumed the Vice Chair of the Asia Pacific Region for the WCO, committing to advance trade facilitation by reducing customs transaction costs and delays, while strengthening risk management and supply chain security. The operative measures emphasised include adoption of AEO, Direct Port Delivery and advance import filing, harnessing technology and WCO tools, and implementing the National Trade Facilitation Action Plan to improve connectivity, consensus and efficient cargo clearance across the region. en-us Mon, 16 Jul 2018 18:33:32 +0530 Mon, 16 Jul 2018 18:33:32 +0530 TaxTMI RSS Generator Assumption of the Vice Chair by India of the Asia Pacific Region for the World Customs Organisation (WCO); MOS (Finance):Customs administrations need to become more efficient by reducing the transaction costs associated with Customs formalities, so that trade flows are not unnecessarily restricted https://www.taxtmi.com/news?id=20269 India assumed the Vice Chair of the Asia Pacific Region for the WCO, committing to advance trade facilitation by reducing customs transaction costs and delays, while strengthening risk management and supply chain security. The operative measures emphasised include adoption of AEO, Direct Port Delivery and advance import filing, harnessing technology and WCO tools, and implementing the National Trade Facilitation Action Plan to improve connectivity, consensus and efficient cargo clearance across the region. News - Mon, 16 Jul 2018 18:33:32 +0530 https://www.taxtmi.com/news?id=20269