CBIC organises meeting of Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi

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  1. Central Board of Indirect Taxes and Customs (CBIC) is organising a meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi,Kerala.
  2. India is hosting this meeting in its capacity as Vice Chair of the Asia Pacific region for a two-year period from July, 2018 to June,2020.
  3. The meeting will take stock of the progress being made in carrying forward the programmes and initiatives of WCO to promote,facilitate and secure the cross-border trade in the region and the capacity building and technical assistance required to achieve this goal.
  4. The World Customs Organization(WCO) established in 1952 as the Customs Co-operation Council(CCC) is an independent inter governmental body whose mission is to enhance the effectiveness and efficiency of Customs administrations.
  5. WCO represents 182 Customs administrations across the globe that collectively process approximately 98% of world trade.The WCO has divided its Membership into six Regions.Each of the six Regions is represented by a regionally elected Vice-Chairperson to the WCO Council.
  6. WCO offers its members a range of Conventions and other international instruments, as well as technical assistance and training services provided either directly by the Secretariat, or with its participation.
  7. Further,WCO has also been responsible for administering the World Trade Organization’s agreement on Customs Valuation which provide a system for placing values on imported goods, and the Rules of Origin, which are used to determine the origin of a given commodity

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