Bangladesh Enhances Trade Efficiency Via Time Release Study

Bangladesh Enhances Trade Efficiency Via Time Release Study

GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.

Fiji Enhances Trade with Streamlined Customs Process

Fiji Enhances Trade with Streamlined Customs Process

The World Customs Organization (WCO) conducted a workshop in Fiji to support Fiji Customs in implementing the Time Release Study (TRS), aligning with the World Trade Organization (WTO) Trade Facilitation Agreement (TFA). Through training and collaboration, Fiji aims to optimize cargo clearance processes, promote trade facilitation, and improve the business environment. The TRS will help identify bottlenecks and areas for improvement in the customs clearance process, ultimately leading to faster and more efficient trade.

Nicaragua Boosts Trade Efficiency with Customs Reforms

Nicaragua Boosts Trade Efficiency with Customs Reforms

Nicaragua, with the support of the World Customs Organization, hosted a Time Release Study (TRS) workshop. The aim was to identify and address trade bottlenecks through the TRS methodology, thereby improving customs clearance efficiency. This event is part of the WCO-Norwegian Development Cooperation Agency's Customs Capacity Building Project and complements Nicaragua's Authorized Economic Operator (AEO) pilot program. Both initiatives are dedicated to enhancing supply chain security and efficiency, ultimately promoting trade facilitation.

Bolivia Optimizes Trade with SECOWCO Goods Release Study

Bolivia Optimizes Trade with SECOWCO Goods Release Study

The SECO-WCO Global Trade Facilitation Programme (GTFP) supported Bolivia in conducting a Time Release Study (TRS) to improve trade efficiency and comply with the WTO Trade Facilitation Agreement. Through expert guidance, questionnaire optimization, and pilot testing, the GTFP helped Bolivia identify bottlenecks in goods release and optimize operational procedures. This support contributes to trade facilitation and economic development by streamlining processes and improving efficiency within Bolivia's trade system. The TRS provides valuable insights for further improvements.

Botswana Enhances Border Trade with WCO Aid at Mamuno

Botswana Enhances Border Trade with WCO Aid at Mamuno

The World Customs Organization (WCO) is assisting Botswana in implementing a Time Release Study (TRS) at the Mamuno border post to optimize customs clearance processes and establish a One-Stop Border Post (OSBP). Through data collection and analysis, bottlenecks will be identified and recommendations made to improve trade efficiency and promote economic development. The WCO will continue to provide technical support to ensure the successful completion of the TRS. The goal is to streamline border procedures and enhance trade facilitation for Botswana.

Gambia Enhances Trade Efficiency with Wcobacked Time Release Study

Gambia Enhances Trade Efficiency with Wcobacked Time Release Study

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in conducting a Time Release Study (TRS) to enhance trade facilitation. Through workshops and technical assistance, the WCO helped Gambia identify bottlenecks in cargo clearance, optimize customs procedures, and align with the WTO's Trade Facilitation Agreement (TFA). The ultimate goal is to improve the business environment and promote sustainable economic development in Gambia. The TRS aims to streamline processes and reduce the time and cost associated with importing and exporting goods.

Cape Verde Customs Modernizes with WCO Support

Cape Verde Customs Modernizes with WCO Support

The WCO, through the WACAM project, is assisting Cape Verde Customs in optimizing customs clearance procedures. A Time Release Study (TRS) was conducted to improve trade efficiency, reduce costs, and attract investment. The TRS aims to identify bottlenecks in the clearance process and provide recommendations for streamlining procedures. This initiative supports Cape Verde's efforts to enhance its competitiveness and integrate more effectively into the global trading system. The focus is on faster release times, which directly benefits businesses and promotes economic growth.

WCO Launches Enhanced Trade Efficiency Training Course

WCO Launches Enhanced Trade Efficiency Training Course

The World Customs Organization (WCO) has launched an upgraded Time Release Study (TRS) CLiKC! course, designed to help customs administrations measure cargo release times, optimize processes, and improve efficiency. The course covers all phases of the TRS methodology, emphasizing practical application through case studies, exercises, and role-playing to enhance participants' skills. This initiative supports trade facilitation and benefits the global economy. WCO members can access the course for free on the CLiKC! platform. It aims to enhance customs efficiency and reduce release times for goods.

Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

The World Customs Organization (WCO) held a Time Release Study (TRS) workshop for the Central Asia and Caucasus region in Georgia, aiming to improve regional trade efficiency. Through theoretical learning, field visits, and technical training, participants gained in-depth knowledge of the TRS methodology and developed national action plans. The WCO is committed to promoting connectivity across the Trans-Caspian Corridor, injecting new vitality into regional economic development. The workshop emphasized the importance of streamlined customs procedures for boosting trade along the Central Asia Corridor.