Launch of the new WCO Data Model: Optimizing data exchange for enhanced facilitation
THE World Customs Organization (WCO) has announced the launch of the latest version of its Data Model; a global solution for optimizing electronic data exchange. Version 3 of the Model represents a significant development as it will act as an enabler for improved management of cross-border transactions.
Kunio Mikuriya, Secretary General of the WCO, said, “ Launching this latest version of the Data Model is a great step forward in terms of trade facilitation, the use of modern communication and information technologies, and the implementation of a Single Window environment. It also opens up new perspectives for networking on coordinated border management, an important building block for Customs in the 21 st Century .”
Version 3 of the Data Model optimizes the electronic treatment of data by providing a whole-of-government set of data and data structures including requirements for cross-border regulatory agencies (Customs, agriculture, environment protection, etc.) controlling export, import and transit. This results in stability and predictability for business-to-government and government-to-government data exchange, and saves costs and time for all stakeholders.
“Taking on board current Single Window developments and innovations, the Model offers traders a simplified interface with Customs and multiple government agencies. The launch of version 3 will ensure that Customs remains one of the leaders in the field of border security and trade facilitation ,” added Michael Schmitz, WCO Director of Compliance and Facilitation.
The WCO has worked closely with the United Nations to align the Model on the core component library of the UN Centre for Trade Facilitation and Electronic Business (UN/CEFACT).