Articles under "#TRS" category

Issue: WCO News 87

New version of the TRS Guide

 

The WCO has released a new edition of the “Guide to Measure the Time Required for the Release of Goods,” known as the Time Release Study (TRS) Guide. An update of the TRS software and its User Manual will follow in the coming months.

The WCO Time Release Study is an inter...

The WCO Secretariat and Customs administrations worked in close consultation with other international organizations involved in cross-border policies in updating the latest edition of the TRS Guide, based on new and emerging strategic and business needs.

In Version 3 of the Guide, the WCO ...

Issue: WCO News 88

Burkina Faso makes strides in implementing key trade facilitation measures

The Customs Administration of Burkina Faso recently implemented two key measures to facilitate trade: the establishment of an Advance Ruling Mechanism on tariff classification, and the performance of Time Release Studies. Both of these measures are prescribed in the World Trade Organization’s (...

In implementing these two measures, Burkina Faso Customs benefited from WCO assistance in the areas of project management and stakeholder engagement. The WCO provided this support as part of its West African Customs Administrations Modernization (WACAM) Project, which is funded by the Swedish Gov...

Issue: WCO News 97 – Issue 1 / 2022

Transforming Dominican Customs through effective data analysis

Today, a lot of what we do generates data. These data can be analysed in real time thanks to hyperconnected infrastructures – a state of communications where electronic and computer devices of all kinds can communicate among each other to whatever extent each individual user desires – as well...

Together on time

A great deal has changed in the DGA since the publication of that article. In August 2020, a new administration took command and set the objective of turning the Dominican Republic into the logistics epicentre par excelle...

Starting from the premise that time is a key factor in attracting new cargo volumes and foreign investment into our country, the DGA launched the “Release in 24 Hours” (D24H) programme under the motto “Together on time” in June 2021. The main objective is to motivate all importers regard...

Issue: WCO News 97 – Issue 1 / 2022

How Brazil gave true meaning to partnership

Customs authorities often boast about working closely and in partnership with the private sector – but what does that really mean? In too many cases, working with the private sector turns out to be little more than a tick-box exercise, perhaps based on a couple o...

A neutral player

Procomex started out as an informal alliance of business associations, with 54 members in 2004. But it was a virtual organization without a proper, functional structure. Regina Terezin, Customs broker wit...

Issue: WCO News 100 – Issue 1 / 2023

Abu Dhabi launches application for real-time measurement of the time required to release goods

Using data analytics, the Emirate of Abu Dhabi has developed an application automating the measurement of release and clearance times at the border. The result is an ability to measure time release dynamically and in real time, and to overcome the limitations of t...

Limitations of traditional TRS

Legacy Time Release Studies are static (one time) and based on manual data collection, observation, and qualitative analysis. This lack of ...

Issue: WCO News 94 February 2021

Assessing the cargo release process: Brazil shares its experience

The WCO has long emphasized that the Time Release Study (TRS) is a useful tool with which a country can assess the performance of its Customs administration, border regulatory agencies, port authorities, trade operators and various service providers, in terms of th...

Challenges

The Administration was faced with numerous challenges during the preparation and implementation phases of the TRS:

  • High-level support had to be secured, as conducting a TRS requires resources, as w...

Issue: WCO News 101 – Issue 2 / 2023

How India Customs contributes to data-informed decision-making

“In God we trust, all others must bring data”. Widely attributed to statistician and management theorist W. Edwards Deming, this quote epitomizes the importance of data in decision-making. With technologies for extracting, collecting, storing and processing data having progressed rapidly over...

Conducting Time Release Studies to drive and assess changes

The WCO Time Release Study (TRS) is an internationally-accepted strategic tool for measuring the actual time taken for the release and/or clearance of goods – ...

Providing data on the usage of preference treatments established by Free Trade Agreements

Trade negotiators need Customs data both when considering the signing of a Free T...

Issue: WCO News 91 February 2020

Peru Customs reduces the time required to release goods

Peru’s air and maritime ports of entry and exit are close to capacity, which creates a series of issues that affect the country’s overall competitiveness, including making imports and exports more expensive in today’s global market.

Among other difficulties, until 2018, any entrepren...

WCO Time Release Study

A few years ago, the National Superintendency of Customs and Tax Administration (SUNAT) started devising a plan to help these companies make better decisions when hiring Customs brokers, in order to...

Issue: WCO News 86

Assessing the clearance process: India shares its experience

The importance of the Time Release Study (TRS) has long been emphasized by the WCO as a useful tool for Customs administrations across the world to assess their performance in terms of the clearance process. Jawaharlal Nehru Custom House, catering to Jawaharlal Neh...

 The JNCH has been undertaking Time Release Studies (TRS) since 2013, an exercise which is recommended in clause 6 of Article 7 of the TFA. In 2018, a new study was carried out in order to assess the impact of various measures and for drawing-up an evidence based roadmap to achieve the new tar...