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Overview
The Economic Competitiveness Package (ECP) is currently a matter of high priority at the World Customs Organization (WCO). Economic competitiveness starts with trade facilitation and Customs administrations undeniably play an important role in this respect. Indeed, facilitating trade is one of the WCO’s key objectives and the Organization has contributed, through its tools and instruments as well as through technical assistance, to increasing the economic competitiveness and growth of Members.
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ECP Action Plan
The WCO has been developing new tools and instruments and has been delivering capacity building projects in accordance with the ECP Action Plans
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Instruments and Tools
The ECP comprises existing WCO instruments and tools which contribute to economic growth and aims to assess any needs for additional tools. The principles laid down in the Revised Kyoto Convention (RKC) are recognized as forming the core of the ECP and as the basis of all modern Customs procedures; in addition, and to take account of subsequent developments, the ECP includes all other WCO tools that strengthen trade facilitation. In this respect, the ECP may provide practical guidance in the implementation of the WTO Trade Facilitation Agreement.
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