Three day 80th Session of the Policy Commission Meeting of the World Customs Organization (WCO) concludes in Mumbai today; Member countries exchanged their experiences and best practices in different areas of cross border trade; https://www.taxtmi.com/news?id=20787 The WCO Policy Commission's 80th Session concentrated on countering illicit financial flows and Trade Based Money Laundering, promoting measures for detection, information sharing and regulatory control across cross border supply chains. Delegates reviewed the WCO Strategic Plan (2019-2022) emphasizing trade facilitation, revenue protection, societal protection and capacity building, and debated instituting standardized performance measurement tools for customs clearance. Bilateral talks produced cooperation instruments, including a Joint Action Plan to pursue a Mutual Recognition Agreement for Authorized Economic Operators to facilitate trade. en-us Wed, 05 Dec 2018 17:20:45 +0530 Wed, 05 Dec 2018 17:20:45 +0530 TaxTMI RSS Generator Three day 80th Session of the Policy Commission Meeting of the World Customs Organization (WCO) concludes in Mumbai today; Member countries exchanged their experiences and best practices in different areas of cross border trade; https://www.taxtmi.com/news?id=20787 The WCO Policy Commission's 80th Session concentrated on countering illicit financial flows and Trade Based Money Laundering, promoting measures for detection, information sharing and regulatory control across cross border supply chains. Delegates reviewed the WCO Strategic Plan (2019-2022) emphasizing trade facilitation, revenue protection, societal protection and capacity building, and debated instituting standardized performance measurement tools for customs clearance. Bilateral talks produced cooperation instruments, including a Joint Action Plan to pursue a Mutual Recognition Agreement for Authorized Economic Operators to facilitate trade. News - Wed, 05 Dec 2018 17:20:45 +0530 https://www.taxtmi.com/news?id=20787