WCO “stands ready” to support cross-border e-commerce
The Word Customs Organization Secretary General Dr. Kunio Mikuriya has announced: “The WCO stands ready with the global standard on Cross-Border E-Commerce and a basket of associated tools to support its Members and stakeholders with capacity building activities in the area of E-Commerce.”
Dr. Mikuriya was speaking at the ‘Regional Seminar on the Cross-Border E-Commerce Framework of Standards’, which took place on 16-17 July in New Delhi, India.
In a statement posted on its website last week, the WCO said: “The Seminar brought together over 50 high-ranking representatives from 26 Customs Administrations of the Region to deliberate on the newly adopted Framework of Standards on Cross-Border E-Commerce that would provide a global baseline standard for developing legislative and operational frameworks for cross-border e-commerce.”
The WCO added: “The Seminar focused on multiple facets of cross-border e-commerce that included its exponential growth, benefits, opportunities, challenges and related solutions. In particular, the experts from the WCO and Customs administrations of the Region highlighted the need for the exchange of advance electronic data between e-commerce stakeholders (e.g. e-platforms/marketplaces, postal operators and express service providers) for a dynamic risk management approach attuned to the e-commerce context, as well as the use of cutting-edge technologies such as Data Analytics, Artificial Intelligence, Machine Learning, and Blockchain, for enhanced facilitation, effective risk management (including security and product safety) and efficient revenue collection.”