CUSTOMS CONVENTIONS

Since the beginning of the 20-th century, there has been a continuous effort to standardize and harmonize Customs formalities with the aim of simplifying and facilitating international trade.

In 1923 the League of Nations signed in Geneva the International Conventionrelating to the Simplification of Customs Formalities. In 1947 the General Agreement on Tariffs and Trade was signed. In 1950 the Convention establishing Customs Cooperation Council was signed. This Council is still the only intergovernmental organization competent on Customs matters.

Numerous studies carried out by the Council on the principal Customs procedures such as importation, exportation, duty-free admission, inward and outward processing, transit, warehousing, temporary admission etc., resulted in a series and recommendations designed to solve specific Customs problems.

The Istanbul Convention gathers all existing temporary admission facilities under a single instrument and provides a framework for dealing with any new categories of goods needing temporary admission facilities.

The Kyoto Convention states that complex trade documentation and procedures act as barriers in international trade. The provisions of the Annex call to simplify Customs formalities in order to make these formalities efficient.

The Harmonized System Convention came into force in 1988.

Contracting partiesare obliged to ensure that their import Customs Tariffs and statistical nomenclatures for both imports and exports are in conformity with the Harmonized system.Тhis System provides a systematic and methodical classificationof goods based essentially on technological data.

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