Customs and the World Trade Organization (WTO)

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Learning unit: Customs and the World Trade Organization (WTO). Syllabus:


- The World Trade Organization (WTO). Multilateral trading system.
- WTO agreements. Tariffs. Agriculture. Standards and safety. Textiles.
- Anti-dumping, subsidies, safeguards.
- Non-tariff barriers.
- Agreement on Import Licensing Procedures.
- Agreement on customs valuation. Rules for the valuation of goods at customs. Methods: Transaction value, identical or similar goods, Deductive or computed method and Fall-back.
- Preshipment Inspection Agreement.
- Rules of Origin Agreement
- Customs and Regional trade agreements.
- Customs procedures and the Doha agenda.

Courses and Masters
Master in International trade and Global Marketing - Master in International Business - Diploma in International trade - Foreign trade management Course.

Course learning materials
En Fr Es Aduanas Pt

Course summary (Customs and the World Trade Organization (WTO)):

Import licensing

In International trade, Import licensing are administrative procedures that need the compliance of documentation to the administrative organization as a previous condition for importation of products. The Agreement on Import Licensing Procedures of the World Trade Organization refers to "import licensing should be: simple, transparent and predictable".

Customs valuation

Customs valuation is a procedure applied by customs find out the "Customs value of imported products". In the case that the rate of duty is "ad valorem", the customs value is necessary find out the duty to be paid on an imported product. For importers, the process of estimating the value of a product at customs can presents some troubles.

The World Trade Organization (WTO) agreement on customs valuation aims for a fair, uniform and neutral system for the valuation of products for customs objectives

The World Trade Organization (WTO) agreement on customs valuation defines that customs valuation should (excluding in specified circumstances) be based on the actual price of the products (normally marked on the invoice). The following 6 methods are considered in the Agreement on Customs of the WTO:
- Transaction value
- Transaction value of identical products
- Transaction value of similar products
- Deductive method
- Computed method
- Fall-back method

Example of the course (Customs and the World Trade Organization (WTO)):
Customs International Trade WTO

Transaction value, is the price actually paid by the importer to the benefit of the exporter for the imported products.

Preshipment inspection. When the exporter or the importer outsource specialized private companies to control shipment details (price, quantity and quality) of products. The Preshipment Inspection Agreement recognizes that General Agreement on Tariffs and Trade (GATT) principles and obligations apply to these activities of preshipment.

The "Rules of origin" define where a product was produced. The concept of Rules and Certificate of Origin is a key pillar of International trade rules (quotas, preferential tariffs, anti-dumping, counter export subsidies ...)


(Source: WTO)



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