Vanuatu Customs Boosts Trade Efficiency with WCO Study
The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for the Vanuatu Customs and Inland Revenue Department to enhance customs efficiency and promote trade facilitation. The workshop covered TRS methodology, software applications, and action plan development. Through the TRS, Vanuatu aims to reduce cargo release times, improve the business environment, and fulfill its obligations under the WTO Trade Facilitation Agreement. This initiative is expected to streamline customs procedures and contribute to economic growth by reducing delays and costs associated with international trade.
