Sao Tome and Principe Today
SEE OTHER BRANDS

The latest news from Sao Tome and Principe

Sao Tome and Principe becomes the 110th Contracting Party to the Revised Kyoto Convention

The Secretary General of the WCO Mr. Kunio Mikuriya, in his capacity as the depository of the Convention, received the Instrument of accession of Sao Tome and Principe to the International Convention on the Simplification and Harmonization of Customs Procedures (Revised Kyoto Convention - RKC) on 8 May 2017, from Mr. Américo Afonso Lima Viegas, Chargé d'Affaires at the Embassy of Sao Tome and Principe to Belgium. With this accession, the Convention now has 110 Contracting Parties.

Having entered into force on 3 February 2006, the Revised Kyoto Convention is a WCO legal instrument acceded by several countries as the way to further promote legitimate trade and effective controls. It is regarded by the entire international Customs Community as a blueprint for modern Customs in 21st Century, which complements countries’ efforts towards the ratification and the implementation of the World Trade Organization Agreement on Trade Facilitation (TFA).

The Convention’s key elements include the application of simplified Customs procedures in a predictable and transparent environment, the optimal use of information technology, the utilization of risk management for efficient Customs control, a strong partnership with the trade and other stakeholders, and a readily accessible system of appeals.

The WCO Secretary General welcomed the accession of Sao Tome and Principe to the RKC since this demonstrates the country’s commitment to implementing modern and effective Customs procedures adapted to the international trade environment and its efforts towards trade facilitation. The Secretary General strongly encourages other WCO Members to accede to the Convention as soon as possible.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions