Facilitation. 1. Each Party shall ensure that its customs procedures and practices are predictable, consistent, transparent and facilitate trade. 2. Customs procedures of each Party shall, where possible and to the extent permitted by their respective customs law, conform with the trade-related instruments of the WCO to which that Party is a contracting party, including those of the International Convention on the Simplification and Harmonization of Customs Procedures (as amended), known as the Revised Kyoto Convention.
Appears in 4 contracts
Sources: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement
Facilitation. 1. Each Party shall ensure that its customs Customs procedures and practices are predictable, consistent, transparent and facilitate trade. trade in goods.
2. Customs procedures of each Party the Parties shall, where possible and to the extent permitted by their respective customs lawpossible, conform with the trade-related instruments standards and recommended practices of the WCO to which that Party is a contracting partyWorld Customs Organization, including those of the International Convention on the Simplification and Harmonization of Customs Procedures (as amended), known as .
3. The Customs Administrations of the Revised Kyoto ConventionParties shall conduct periodic reviews of Customs procedures to further simplify and develop mutually beneficial arrangements to facilitate the flow of goods between the Parties.
Appears in 4 contracts
Sources: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement