Committee on Customs and Trade Regulations

The liberalization of world trade and investment has drawn attention to practical obstacles to the free flow of goods, services and investment across borders - in particular those related to customs policies and procedures.The central objective of the Committee on Customs and Trade Regulations is to overcome these barriers, to ensure that the liberalization of global trade and investment has a positive impact at the level of the individual international trade transaction. The Committee's work focuses on customs reform and modernization and the implementation of transparent, simplified and harmonized customs policies and procedures.

Mandate
To promote an open global economy that encourages cross-border trade and investment by business to foster job creation and sustainable development, and improve living standards. 

Priorities for 2012

• Identify specific national measures to facilitate trade in goods, including the elimination of documentary requirements through mutual recognition and harmonization of border management procedures.  
• Finalize the revision of the ICC Customs Guidelines.  
• Produce a policy statement on transfer pricing and customs valuation.  
• Intensify ICC’s efforts to promote an agreement on trade facilitation in the World Trade Organization, while continuing to work with the World Customs Organization (WCO) on technical topics including customs classification and valuation.