SWITZERLAND SIGNS KYOTO CONVENTION
Switzerland has become the 11th country to sign the revised Kyoto Convention on the simplification and harmonization of customs procedures.
The Brussels-based World Customs Organization adopted the new Kyoto Convention last June. The new procedures are designed to maximize the use of information technology and modern clearance techniques based on risk analysis.
“By carrying forward these new requirements into national legislation, nations will facilitate international trade, stimulate economic growth and provide targeted customs control at their borders and frontiers,” the WCO said.
The revised Kyoto Convention will come into force when 40 of the WCO's 151 members have signed.