Imagine a scenario where cross-border trade efficiency improves dramatically—businesses save time and costs, while consumers gain faster access to goods from around the world. The World Customs Organization (WCO) and Colombia Customs are working to turn this vision into reality through the Global Trade Facilitation Project (GTFP), which aims to create a more efficient and transparent trade environment.
Project Background: The Global Trade Facilitation Project (GTFP)
The GTFP is a global initiative led by the WCO to assist developing and transitional economies in implementing the World Trade Organization’s (WTO) Trade Facilitation Agreement. The project focuses on simplifying customs procedures, reducing trade costs, and improving trade efficiency to foster global economic growth. It is funded by Switzerland’s State Secretariat for Economic Affairs (SECO).
Partnership Framework: Memorandum of Understanding (MoU)
On September 30, 2019, during the GTFP launch in Colombia, the WCO, Colombia’s National Tax and Customs Directorate (DIAN), and SECO signed a Memorandum of Understanding (MoU) to formalize their collaboration. The agreement outlines a three-year capacity-building program for DIAN, covering trade facilitation and organizational development. The MoU defines responsibilities to ensure project success.
Capacity-Building Initiatives
Under the MoU, the WCO will provide DIAN with tailored support, including:
- National and regional workshops: Sharing best practices in trade facilitation.
- Technical guidance: Addressing practical challenges in implementing trade measures.
- Specialized training: Enhancing skills in areas like risk management and post-clearance audits.
- Coaching: Helping officials apply knowledge to daily operations.
- Follow-up assessments: Ensuring sustainable outcomes.
These efforts prioritize DIAN-identified needs, such as risk-based customs procedures and post-clearance audits, to strengthen compliance and security.
Expected Outcomes
The GTFP is projected to deliver measurable improvements in:
- Risk-driven customs processes: Enhanced targeting of high-risk shipments while minimizing delays for low-risk trade.
- Post-clearance audits: Improved detection of irregularities after goods are released.
- Adoption of international standards: Alignment with frameworks like the WCO’s Revised Kyoto Convention for greater transparency.
Governance Structure
A steering committee oversees project implementation, approving national work plans. Comprising DIAN representatives and stakeholders, the committee ensures alignment with Colombia’s strategic priorities. Its inaugural meeting on September 30, 2019, marked the formal start of project governance.
Strategic Alignment
The GTFP supports DIAN’s mission to facilitate trade, boost revenue collection, and safeguard national security. It serves as a catalyst for Colombia’s economic development.
Key Stakeholders
WCO: As the global leader in customs standards, the WCO drives trade security and efficiency through technical assistance and international cooperation.
DIAN: Colombia’s customs authority implements GTFP activities to modernize operations.
SECO: Switzerland’s economic agency provides funding for sustainable development initiatives like the GTFP.