As part of CIPE’s role in the Global Alliance for Trade Facilitation, we are implementing one of two projects in Colombia focusing on establishing a center for trade facilitation and good practices.
With the cooperation of Colombian customs (DIAN) and the private sector, the Global Alliance for Trade Facilitation (the Alliance) is helping to establish a Center for Trade Facilitation and Good Practices (the Center) to process advance rulings on classification, valuation, and origin affecting the automotive industry. Not only will clearance times at Colombia’s borders be reduced as a result of this Project but the Center will also help to build trust between the government and the private sector.
Colombia has recently enacted a regulatory framework for advance rulings. The Center will accelerate and ensure the successful implementation of this new advance rulings regime. The Center will also assist Colombia with the implementation of the World Trade Organization’s Trade Facilitation Agreement (TFA), which requires countries to expedite the movement, release, and clearance of goods, namely:
- Article 1.3 (Enquiry Points)
- Article 2.2 (Consultations)
- Article 3 (Advance Rulings)