WORLD CUSTOMS ORGANISATION ENDORSES GLOBAL TRADE PRINCIPLES

The World Customs Organization (WCO) for the first time ever endorsed a Framework of Standards to secure and facilitate global trade that is based upon principles designed and implemented by the U.S. Customs and Border Protection (CBP).

CBP Commissioner Robert C. Bonner, WCO Secretary General Michel Danet, WCO Policy Chairman and South African’s Revenue Service Commissioner Pravin Gordhan, and the Director General of Jordanian Customs Mahmoud Qteishat announced the approval at a joint press conference in Amman, Jordan.

The WCO represents 164 Customs administrations from around the world and accounts for 99 percent of all global trade.

For details, see the USCBP website:

http://www.customs.ustreas.gov/xp/cgov/newsroom/highlights/12102004.xml

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