World Customs Organization and global trade Imprints and
World Customs Organization and global trade: Imprints and future paradigms Paper authored by M. M. Parthiban, Principal Commissioner T. Samaya Murali, Joint Commissioner G. Kanaga Subramanian, Assistant Commissioner Indian Revenue Service (Customs &Central Excise) Presented by M. M. Parthiban and G. Kanaga Subramanian
From Cross-border to Global Expanding the scope of international trade � Customs cooperation as an imperative of global trade � Multilateral Customs cooperation on a global scale � Providing form and organisation to the cross-border Customs infrastructure � WCO: the base for the ease of doing business
Challenges to trading across borders What’s new for trade facilitation � Traditional Challenges � New Challenges � Realigning the focus of traditional Customs techniques � Response through futuristic orientation of WCO
Encouraging compliance to standards Incorporating a global paradigm in the customs administrations � Developments in the trading world � Development of new paradigms by WCO � Promoting adoption of new paradigms by the customs and trade community � Delivering results by capacity building and support
Influence of WCO on the borders around the world Seamless flow of legitimate international trade � Customs modernisation and reform � Technology driven Customs � Transparency and predictability � Enhancing partnerships
Globally Networked Customs For a globalised world � Need for supply chain visibility � Customs Regulatory requirements � Enormity of resources applied for enforcement � Building up from the realities: Nodes and the inter-node
Globally Networked Customs Early Response to Emerging Risks � Unexpected crisis situations � Readiness of Customs � Cooperation on a real-time basis: saving time and cost � Making business as usual: resilient supply chains and reducing vulnerabilities
Customs citizen-centric approach Sustainability for the people, planet and prosperity � Right Queue � E-commerce � Green Customs � Humanitarian Customs
WCO and global trade The vast vacant niche � With a Customs administration � Among Customs administrations � With trade � Beyond trade
WCO and global trade The way ahead
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