Answer to Question #64031 in Other Economics for zzeorge
The WCO has expressed some concerns about the world-wide implementation of the ‘SAFE’ framework, and has spoken of adopting a ’phased introduction’.Select a trading bloc other than the EU and evaluate whether or not, in your opinion, the concerns of the WCO are justified in that part of the world.
In June 2005 the WCO Council adopted the SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework) that would act as a deterrent to international terrorism, secure revenue collections and promote trade facilitation worldwide. As the SAFE Framework continues to be more fully implemented by WCO Members it is clear that a substantial amount of additional support material will be developed in the future and it is envisaged that the SAFE Package will be able to be readily updated and expanded. In 2015, in addition to the presentation of instruments and tools by pillar, the updated SAFE Package comprises the introduction of a new toolkit for Pillar 1, an update of the AEO Compendium, and an update of the Guidelines for the Procurement and Deployment of Scanning/NII Equipment.