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Global financial crisis
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AEO & SMEs: FAQ
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The WCO Customs Data Model will establish a standard, international, harmonized data set that will meet governments’ requirements for international cross-border trade and is geared exclusively to the requirements of an automated environment.
Information and documentation are key elements in the control of international cross-border trade. In today’s interconnected electronic environment these controls will increasingly include information exchange prior to the arrival of the goods in order to provide the necessary level of security as well as acceptable release times.
Standardized and harmonized information requirements and procedures are essential to establish the common understanding which allows for an effective and efficient exchange of information between all parties involved in the international cross-border movement. The WCO Customs Data Model provides this common understanding on Customs information requirements.