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30 November 2009
Breaking News:

EU signs new customs security pact 

Published: Monday 27 June 2005   

Almost four years after 9/11, the World Customs Organisation, which has 165 countries covering 99% of global trade in goods, has agreed a new framework of security standards for container traffic.

Robert Verrue, director-general for Taxation and Customs Union in the European Commission, confirmed the Commission's full commitment to the Framework and to its effective application worldwide:"The Framework not only balances security and trade facilitation measures but will also improve collection of customs duties in developing countries in particular."

The EU, United States, Canada, Australia and Japan have all offered to assist developing countries implement the standards.

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