APEC to ensure trade security in the supply chain (19/08/2017)
Members of APEC’s Sub-committee on Customs Procedure (SCCP) met this morning (August 19) in HCM City to discuss ways to ensure trade security in the supply chain, with a focus on prevention of smuggling, commercial fraud, and counterfeit and imitation products, as well as border enforcement of intellectual property rights.
As many as 70 delegates from customs administrations of APEC economies, the APEC Secretariat and the Committee on Trade and Investment (CTI) took part in the meeting today.
The participants also discussed the WTO agreement on trade facilitation; Authorised Economic Operator programmes; use of IT and risk management in customs and border-related activities; enforcement of intellectual property rights; and promotion of cross-border e-commerce.
To modernise customs procedures, the Common Action Plan (CAP), which SCCP submitted to the APEC Secretariat for adoption in 2016, aims to reduce the number of administrative procedures to save time and money for the APEC business community.
SCCP’s objectives include improving connectivity and effectiveness in regional customs cooperation among APEC economies.