Balancing Security With Trade Facilitation-The Role Of Customs Administration

Miloshoska, Danijela (2013) Balancing Security With Trade Facilitation-The Role Of Customs Administration. International Scientific Conference The Balkans between Past and Future: Security, Conflict Resolution and Euro Integration.

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International trade is an essential driver for economic prosperity. The global trading system is vulnerable to terrorist exploitation that could damage global economy. To ensure continuous economic growth, it is necessary to provide an environment that allows trade to function in a secure, efficient, cost effective and reliable way. As government organizations that control and administer the international movement of goods, Customs Administrations are in a unique position to provide increased security to the global supply chain and to contribute to socio-economic development through revenue collection and trade facilitation. Finding the correct balance between prudent security measures in a way that does not impair international trade flows, is a tough challenge. While the costs of trade security measures may appear to be high, the costs of inaction are even higher. The cost of ignoring trade security is not just exposure to security threats, but also loss of competitiveness. Security and trade facilitation are mutually reinforcing and can complement one another. With this, having regarded security and facilitation as two major tasks of Customs administrations, Customs must attach great importance to both by taking effective measures to ensure their realizations and at the same time strike a balance between the two. This paper reviews the core concepts of security, assesses its linkages with trade facilitation and analyzes the role of Customs administration in this process. The goals of this paper are to detect and analyze the relations between security issues and international trade facilitation. To achieve the goals of the study quantitative and qualitative data collection methods were used. The results of the study provide an introduction to the nature of international trade facilitation and describe some important security considerations to take into account when framing an effective strategy for trade facilitation.
Keywords: security, trade facilitation, customs, Customs administration.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Law
Divisions: Faculty of Tourism and Hospitality
Depositing User: Prof. d-r. Danijela Miloshoska
Date Deposited: 11 Jul 2023 09:34
Last Modified: 11 Jul 2023 09:34

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