GLOBAL ALLIANCE/WCO TO UNDERTAKE A TIME RELEASE STUDY FOR GHANA
The Global Alliance for Trade Facilitation (GATF) and the International Chamber of Commerce Ghana in collaboration with the World Customs Organisation will undertake the first ever Time Release Study on Ghana.
The WCO Time Release Study (TRS) is a unique tool and method for measuring the actual performance of Customs activities as they directly relate to trade facilitation at the border. The TRS thereby measures relevant aspects of the effectiveness of operational procedures that are carried out by Customs and other regulatory actors in the standard processing of imports, exports and in transit movements. It seeks to accurately measure these elements of trade flows so that related decisions to improve such performance can be well conceived and thereby carried out.
One of the methods used for the review of clearance procedures is to measure the average time taken between the arrival of the goods and their release.
Following a request made by GRA Customs to the World Customs Organization (WCO) for technical assistance, ICC Ghana, the Ministry of Trade and Industry together with GRA Customs and the Global Alliance for Trade Facilitation organized a preparatory meeting on Time Release Study.
The Time Release Study (Article 7.6 of WTO TFA) will be used to measure progress of trade facilitation measures implemented in Ghana and serve as a baseline for the Alliance project on Pre-Arrival Processing.
The meeting was facilitated by an International Customs Expert from GIZ as a preparatory meeting to an upcoming workshop on TRS early next year which will be followed by the actual study.