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Best Practices in Customs Procedures

Author

Listed:
  • Ioan Popa

    (Bucharest University of Economic Studies)

  • Mihaela Gabriela Belu

    (Bucharest University of Economic Studies)

  • Dorel Mihai Paraschiv

    (Bucharest University of Economic Studies)

  • Ana Maria Marinoiu

    (Bucharest University of Economic Studies)

Abstract

The paper presents the main aspects related to the modernisation process of the European Union customs legislation and identifies a series of benefits that arise from implementing the measures of the Modernised Community customs code. In this context, foreign trade companies must adapt their logistics strategies to the new customs system, a necessary condition in order to obtain competitive advantages. In an increasingly competitive global environment, best practices in the customs activity have a positive influence both on the international trade as well as on the consumer safety and protection. The results of implementing best practices are also found in rankings made by different institutions and international organisations regarding the competitiveness in logistics and ease in the development of foreign trade transactions. They mainly relate to reducing the time for the necessary clearance procedure and reducing the logistics costs by decreasing the number of physical and documentation checks, giving a priority treatment to consignments when they are selected for control, the possibility to choose the location for customs controls and less information to submit in summary declarations.

Suggested Citation

  • Ioan Popa & Mihaela Gabriela Belu & Dorel Mihai Paraschiv & Ana Maria Marinoiu, 2015. "Best Practices in Customs Procedures," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(40), pages 1095-1095, August.
    • Handle: RePEc:aes:amfeco:v:40:y:2015:i:17:p:1095
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    File URL: http://www.amfiteatrueconomic.ro/temp/Article_2455.pdf
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    References listed on IDEAS

    as
    1. Popa Ioan & Belu Mihaela Gabriela & Paraschiv Dorel Mihai, 2013. "Global Logistics , Competitiveness And The New Incoterms," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 159-166, July.
    2. Gerard McLinden & Enrique Fanta & David Widdowson & Tom Doyle, 2011. "Border Management Modernization," World Bank Publications - Books, The World Bank Group, number 2544, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    best practices; customs; customs procedures; international trade; logistics performance index;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • K39 - Law and Economics - - Other Substantive Areas of Law - - - Other

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