As part of CIPE’s role in the Global Alliance for Trade Facilitation, we are implementing one of two projects in Colombia focusing on risk management for the national Food and Drug Surveillance Institute.
In an IT-centric world where physical inspection of 100% of imports is outdated and facilitating trade is a necessity, the Global Alliance for Trade Facilitation (the Alliance) has brought together the Colombian public and private sectors to design and implement a new risk management system (RMS) for INVIMA, a key Colombian regulatory agency. The RMS will be applied to all imports of food, medicine, medical equipment and cosmetics with the aim of reducing inspection rates from 100% to 70% and below. This Project is the result of close cooperation between INVIMA and the private sector and also between government agencies which have committed to a coordinated risk approach.
The new RMS will help Colombia to implement the World Trade Organization’s Trade Facilitation Agreement (TFA), which requires
countries to expedite the movement, release, and clearance of goods, namely:
- Article 5.1 (Notifications for Enhanced Controls or Inspections)
- Article 7.4 (Risk Management)
- Article 7.9 (Perishable Goods)
- In particular, the RMS will satisfy the obligation under TFA
- Article 7.9.1 (Perishable Goods)
- To clear food imports within the shortest time possible.