Customs and Trade Facilitation. 1. The Parties shall share experiences and examine possibilities for simplifying import, export and other customs procedures, ensure transparency of customs and trade regulations, develop customs cooperation and effective mutual administrative assistance mechanisms, and also seek convergence of views and joint action in the context of relevant international initiatives including trade facilitation. The Parties will pay special attention to increasing the security and safety dimension of international trade, to ensuring an effective and efficient customs enforcement of intellectual property rights, and to ensuring a balanced approach between trade facilitation, and the fight against fraud and irregularities.
2. Without prejudice to other forms of cooperation provided for under this Agreement, the Parties state their interest in considering the conclusion of protocols on customs cooperation, and on mutual assistance, within the institutional framework laid down in this Agreement.
3. The Parties shall continue to mobilise technical assistance resources to support the implementation of cooperation in customs matters and of trade facilitation under this Agreement, as mutually agreed.
Customs and Trade Facilitation. The agreement is positive for traders from both sides as it goes further than the WTO Trade Facilitation Agreement of 2017. It provides enhanced rules of good governance for custom procedures and high levels of transparency. Business will be properly consulted prior to the adoption of new rules. The rules in force will be reviewed regularly to meet the needs of business and reduce red tape. Moreover, the EU and Mercosur will undertake to apply modern, and whenever possible, automated procedures for the efficient and expedited release of goods. The agreement recognises the importance of customs and trade facilitation in trade relations and in the evolving global trading environment. The chapter aims to boost EU- Mercosur trade by providing enhanced rules of good governance for customs procedures. The agreed text includes provisions resulting in maximum transparency, consultation of business prior to the adoption of new rules, streamlining of procedures, regular reviews of the rules in force with a view to meeting the needs of business, reducing red tape, and speeding up clearance – all the while ensuring enforcement. The EU and Mercosur will apply modern, and whenever possible, automated procedures for the efficient and expedited release of goods, resorting to risk management and pre- arrival sending of documentation in order to speed up clearance. Parties will have the possibility to develop joint initiatives including technical assistance, capacity building and measures to provide effective services to the business community. The agreement allows for cooperation in establishing mutual recognition of Authorised Economic Operator programmes, if they are compatible and based on equivalent criteria and benefits. In this area, the agreement goes beyond the WTO TFA. This is the case for consultation of business, transparency or measures applying to goods re-entering after repair. The detailed provisions ensure maximum transparency and give traders and the public access to relevant information on customs legislation and procedures. Stakeholders will have an opportunity to comment on new customs-related initiatives before their adoption.
Customs and Trade Facilitation. This Chapter seeks to minimise the administrative burden of importing through the use of technology and greater transparency, and common procedures and approaches. These provisions complement the commitments which both Canada and the EU have already made through their membership of the WTO and the World Customs Organisation (WCO). These measures can be copied over directly – assuming that the parties do not agree to even more relaxed provisions. Special arrangements for the Irish border issue would be incorporated as either an Annex, or more likely a Protocol.
Customs and Trade Facilitation. EU and Mexico are signatory parties of the Agreement on Trade Facilitation (TFA) within the framework of the World Trade Organization. While the EU-Mexico Agreement currently in force contains only provisions on customs cooperation, the new agreement contains an ambitious Chapter on Customs and Trade Facilitation. It has been developed on the basis of the provisions of the TFA, going even further in certain areas. This Chapter aims to boost EU-Mexico trade by agreeing on enhanced rules of good governance for customs procedures: streamlining procedures, making them more efficient, and thereby saving time, money and red tape for all companies. It sets common principles and provides for enhanced cooperation and exchange of information between the customs authorities of the EU and Mexico with a view to facilitate, where possible, import, export and transit requirements and procedures. Substantial provisions on transparency ensure that the traders and public has access to relevant information on customs legislation, decisions or administrative policies and that for new customs-related initiatives interested persons have an opportunity to comment before their adoption. The EU and Mexico undertake to apply simplified, modern and where possible automated procedures for the efficient and expedited release of goods, resorting where appropriate to risk management, streamlined requirements on data and documentation, release of goods at the first point of arrival, and pre-arrival processing. The EU and Mexico will issue, upon request, binding preliminary information to traders on the tariff classification of goods and origin (advance rulings), which will provide them with legal certainty and stability in the customs treatment of their international trade. In addition, the EU and Mexico will provide for an impartial and transparent system for addressing complaints by operators about customs rulings and decisions. With a view to expediting procedures, they will adopt and maintain risk management systems for high- risk goods and post-clearance audits to ensure compliance with customs and other related laws or regulations. The EU and Mexico will cooperate in establishing the mutual recognition of their Authorised Economic Operators programmes, provided that the programmes are compatible and based on equivalent criteria and benefits. Furthermore, EU and Mexico agreed on enhanced provisions regarding other areas such as penalties, transit, single window, customs brokers and ...
Customs and Trade Facilitation. Definition of Trade Facilitation
Customs and Trade Facilitation. ARTICLE 168
Customs and Trade Facilitation. Except as otherwise provided for in this Annex, with respect to trade facilitation, the WTO Agreement on Trade Facilitation shall apply and is hereby incorporated and made part of the Agreement, mutatis mutandis.
Customs and Trade Facilitation. The Agreement contains detailed provisions on trade facilitation, including some “WTO plus” provisions. This includes simplification of customs procedures, rapid release of goods and safeguarding predictability and legal rights for the business environment. The Parties further affirm their rights and obligations under the WTO Agreement on Trade Facilitation. The Agreement further contains a Protocol on Mutual Administrative Assistance in Customs Matters with the view to further developing trade facilitation, while ensuring compliance with customs laws and requirements and improving supply chain security in key customs areas.
Customs and Trade Facilitation. Establishment in most ASEAN Member Countries (AMCs) of an improved system of customs clearance and a transit regime to enhance economic competitiveness in international transactions in line with the requirements of the VAP.
Customs and Trade Facilitation. 3 For the purpose of paragraph 1 any modification of subsidy payments under existing subsidy programmes due to variations in the market conditions shall not be deemed to be either a new subsidy programme or an increase in subsidy.