WCO/ICC Joint Statement on Customs Valuation
At international level, the WCO has maintained a long-term close co-operative relationship in the area of Customs valuation with the International Chamber of Commerce (ICC).
The ICC has been participating in the meetings of the Technical Committee since 1979 as an observer and has had the opportunity to explain specific aspects of commercial practice as well as to give its views and advice on specific technical issues. This has lead to greater understanding by Members of current commercial practices and to frank exchanges of views on both sides.
In May 2000, the WCO and ICC issued a joint statement to promote global application of the WTO Customs Valuation Agreement.