The WCO on 25 October issued a reminder of its “Cross-Border E-Commerce Framework of Standards”.
Building upon the key principles laid down in the “Resolution on the guiding principles for cross-border e-commerce”, the Framework of Standards on cross-border e-commerce sets out 15 global standards on cross-border e-commerce with a view to providing pragmatic, fair and innovative solutions whilst considering the diverse expectations and concerns of Customs administrations and stakeholders.
The WCO on 25 October 2018 reminded of its “Cross-Border E-Commerce Framework of Standards”, released on 23 August 2018.
It is accompanied by a resolution aimed at ensuring a harmonised and effective implementation.
The core essence of the framework is the exchange of advance electronic data for an effective risk management and enhanced facilitation of growing volumes of small and low-value shipments by adopting simplified procedures with respect to clearance, revenue collection and return. It also encourages the use of non-intrusive inspection (NII) equipment, data analytics and other cutting-edge technologies.