Bangladesh accedes to the WCO Revised Kyoto Convention
Brussels, 28 September 2012
Press Release
On 28 September 2012, the Chairman of the National Board of Revenue, Dr. Nasir Uddin Ahmad, deposited Bangladesh’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 WCO is delighted that the number of Contracting Parties to the Revised Kyoto Convention continues to show an upward trend,” said WCO Secretary General, Kunio Mikuriya. “I would therefore earnestly encourage all WCO Members to accede to this important Customs instrument as soon as possible,” he added.
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 83 Contracting Parties and is regarded as a blueprint for effective and modern Customs procedures.