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Ukraine accedes to the WCO Revised Kyoto Convention

15 June 2011

Ukraine accedes to the WCO Revised Kyoto Convention

15 June 2011
 

Press Release

On 15 June 2011, the Chairman of the State Customs Service of Ukraine, Mr. Ihor Kaletnik, deposited his country’s instrument of accession to the International Convention on the Simplification and Harmonization of Customs Procedures (revised Kyoto Convention) with the World Customs Organization.

The Convention is regarded as a blueprint for effective and modern Customs procedures, and will enter into force in the Ukraine on 15 September 2011.

WCO Secretary General, Kunio Mikuriya said, “Accessions to this important Customs instrument are beginning to accelerate as more and more Customs administrations recognize its critical role in managing cross-border trade today.”

Some of the Convention’s key elements include the application of simplified Customs procedures in a predictable and transparent environment, the maximum use of information technology, the utilization of risk management, a strong partnership with the trade and other stakeholders, and a readily accessible system of appeals.

Having entered into force on 3 February 2006, the revised Kyoto Convention now has 76 Contracting Parties.
 
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The Ukraine News Channel Inter: “By joining the RKC, Ukraine has made a significant step towards the improvement of its investment climate,” says Kunio Mikuriya, Secretary General of the WCO.