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About World Customs Organisation 'WCO': Details, Objectives, Function, Structure

 

 

About World Customs Organisation 'WCO': Details, Objectives, Function, Structure

World Customs Organisation (WCO) is an independent intergovernmental body whose mission is to enhance effectiveness and efficiency of Customs administrations.

WCO was established in 1952 as Customs Co-operation Council (CCC). It is headquartered in Brussels, Belgium.

WCO is the only international organization with competence in Customs matters and is considered as the voice of the international Customs community.

WCO represents 182 Customs administrations across the globe that collectively process approximately 98% of world trade. It plays leading role in discussion, development, promotion, and implementation of modern customs systems and procedures.

WCO aims to enhance efficiency and effectiveness of member customs administrations and assist them to contribute successfully to national development goals, particularly revenue collection, national security, trade facilitation, community protection, and collection of trade statistics.

WCO’s governing body depends on the competence and skills of WCO Secretariat and a range of technical and advisory committees to accomplish its mission. The Secretariat comprises over 100 international officials, technical experts and support staff of some nationalities. WCO has divided its membership into six regions whereby each region is represented by elected vice-chairperson to WCO Council.

WCO offers range of Conventions and other international instruments, as well as technical assistance and training services to its members. It also actively supports its members in their endeavours to modernize and build capacity within their national Customs administrations.

WCO also plays vital role in stimulating the growth of legitimate international trade and combats fraudulent activities. It also promotes emergence of honest, transparent and predictable Customs environment, thus directly contributing to economic and social well-being of its members.


 

Latest World Customs Organisation (WCO) Updates

» Regional meeting of World Customs Organisation held in Jaipur

» Parliament's Winter Session will held from 11th December 2018 to 8th January 2019

» Uttar Pradesh Cabinet approves renaming of Faizabad as Ayodhya

» Flipkart co-founder and CEO Binny Bansal resigns