Creating Business Value Through trade simplification

1. Why adopt the WCO Data Model? Creating Business Value Through trade simplification Source of map: Wikipedia Commons “Regional Training Workshop on Trade Facilitation, Infrastructure and Trade Costs Policies in ESCWA Region” 8-9 April 2013, Dubai

2. Outline • The challenge of trade simplification • WCO Data Model • What it is? • Who can use it? • How does it help create business value? • What steps can you take in order to derive benefits from the WCO Data Model?

3. The Challenge of Trade Simplification • Documentation in international trade is tedious, costly & time-consuming • Delay in cargo clearance can be costly for traders and can hurt trade • Lower logistics costs & efficient border processes - goals for all administrations • Transparent & Predictable processes

4. What can be done? • How can we achieve the objectives of Trade facilitation? • Investing in Trade Facilitation is really worth it! • Some TF measurescanbe ‘quick wins’ - others not • Genuine, co-operative effort in simplification and standardization of documents

5. What is the WCO Data Model ? WCO DATA MODEL IS A LIBRARY Standardized Components Information Packages Context Business Process Models Content Data Elements Definition Format Code lists Identifiers Structure Information models Reusable Information elements Standard Electronic Templates Goods Declarations Cargo Reports Conveyance Reports Licenses/Permits Certificates Rules

6. Who can use it? • Customs -A complete tool box of standards • Comprehensive Data Dictionary • Standardized customs declaration forms • Agreed maximum data set for export, import and transit • Other Government Agencies - The WCO Data Model is a Multi-Agency tool • Requirements of Cross-border regulatory Agencies for the release of cargo • Licenses/ Certificates/ Permits • Single Window solutions • Customs to Customs Data Exchange (GNC) • Trade and Transport Service Providers • Traders, transporters and their intermediaries can use the WCO Data Model to build global customs solutions

7. Automated Customs Clearance What are the costs? Software Communication Advance filing SPECIFICATIONS Manifest filing Data Entry Goods Declaration Processing Customs Automated System Single Window Trader/ Customs Broker Carrier

8. WCO Data Model How it would benefit Customs and Trade? Software Communication Advance filing SPECIFICATIONS Manifest filing Data Entry Goods Declaration Processing Customs Automated System Single Window Cross-border Sharing of Data Trader/ Customs Broker Simplified Procedures Carrier Dematerialized documents Standardized Harmonized Data

9. WCO Data Model… Dematerialization Standardized & Harmonized data Cross-border Sharing Simplified Procedures BRINGS IT TOGETHER …

10. Adopting the WCO Data Model • Begins with an executive decision • Prescribe WCO Data Model as the basic reference • Review existing systems and solutions • Check for conformance with the WCO Data Model • Business process redesign & Change Management

11. Why adopt the WCO Data Model? THANK YOU FOR LISTENING MilenaBudimirović Technical Officer Compliance and Facilitation Directorate World Customs Organization (WCO) milena.budimirovic@wcoomd.org Source of map: Wikipedia Commons