Thursday, October 06, 2022
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Desiderio Consultants Ltd. is a think tank and a network of independent professional international development consultants established to promote and influence customs & trade-related policies in African nations to achieve trade facilitation reforms aimed at improving international and regional trade
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Customs compliance and the importance of a careful customs planning

Customs compliance is a term often ignored by businesses involved in international trade. It essentially means to understand and fulfil all the requirements related to the execution of an international trade transaction. In order to be “customs compliant”, a trader must be sure that the tariff classification, origin and valuation of goods are accurately declared in accordance with legislative and regulatory requirements, and that the appropriate duties and taxes are paid. Additionally, an essential part of customs compliance is to ensure that all import requirements are met, such as having the appropriate import license or permit, as well as all the authorisations or certificates required by Customs and other cross-border regulatory agencies in connection with the prospected operation. Failure to meet such requirements can lead to penalties, extra fees or even to the revocation of authorizations or facilitations granted by Customs.

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Impact Evaluation of the Kenya National Electronic Single Window

Kenya is placed in a key strategic position in the East and Central Africa region, being the gateway to the Great Lakes countries and hosting an important part of the Northern Corridor that commences in Mombasa and ends in the Democratic Republic of Congo. Hence, efficient customs clearance processes and trade logistics activities in Kenya translate into reduced cost for imported, exported or transit goods and into enhanced competitiveness and economic prosperity of the entire region.

A study from the International Finance Corporation (IFC) examines the impact of the Kenya National Electronic Single Window in terms of efficiency of cargo clearance procedures.

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UNCTAD celebrates 30 years of ASYCUDA with a "Case study Compendium"

With the “Compendium 2019 – Case Studies”, the United Nations Conference on Trade and Development (UNCTAD) celebrates 30 years of success in the implementation of the ASYCUDA customs system, showing how such a platform has helped over 100 countries to collect more customs duties, speed up trade and become more open for business.

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Blockchain technology within the context of Trade Single Windows

Trade Single Windows (SW) are a single electronic interface where exporters and importers can submit regulatory and commercial documents to Ministries and other cross-border regulatory agencies, as well as private stakeholders with trade-related functions (e.g. Chambers of Commerce, insurance companies, banks, etc.), so reducing the costs related to the preparation and submission of paperwork required for completing an international transaction.

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IICL Issues Clarification and Warning for containers misuse

A recent bulletin published by  the  Institute of International Container Lessors (IICL) warns about the misuse of containers by carriers and shippers.

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