The World Customs Organization (WCO) and International Monetary Fund (IMF) are discussing ways to beef up resources that bolster the non-revenue role of customs, such as trade facilitation and border security.

WCO Secretary General Kunio Mikuriya met recently with Victor Gaspar, director of IMF’s Fiscal Affairs Department, to discuss the adequate resourcing of customs.

He noted that customs authorities are actively engaged in revenue protection, but their remit also extends to very important non-revenue functions such as trade facilitation and border security, aspects that support economic development in a safe environment and that contribute to the generation of revenue in the future.

It is critical that the non-revenue role of customs is properly resourced, he added.

Mikuriya underlined the necessity for the IMF to highlight these non-revenue roles in any material made available to members when they are considering structural reform.

He said the collection of customs data, under the proposed memorandum of understanding between the WCO and the IMF, will help support arguments for a properly resourced customs.

Photo: Numéro 1963

You May Also Like

Proposals mandating checking of container weights endorsed

The World Shipping Council (WSC) is urging the International Maritime Organization (IMO) to adopt the compromise solutions arrived at by 15 governments and 13…

GPS on transit cargoes soon a must

THE Bureau of Customs (BOC) is requiring all transit cargoes to come with an electronic global positioning system-equipped barrier seal (EGBS) for real-time cargo…

Air cargo decline continues amid weak international demand

Air freight demand continued to show signs of a slowdown in April while passenger traffic remained resilient with modest growth recorded, according to the…

BOC launches Cargo Targeting System; no penalties yet for non-compliance

The Bureau of Customs (BOC) launched on October 16 the Cargo Targeting System (CTS), a World Customs Organization (WCO) enterprise solution, which will allow…