The volume of transactions represents the highest among other ASYCUDA user-countries. Nicaragua continues to use the Web-based ASYCUDA World system for the automation of customs clearance procedures.11 ASYCUDA World users must pay CA$100 for the right to use the system (per entity) and CA$20 for each user tag (login). the world and this places significant challenges on its National Board of Revenue (NBR) to process all the corresponding customs/trade documentation such as cargo manifests, customs declarations, payments and other regulatory requirements in a timely fashion.
The bank gives a red mark in the ASYCUDA World system after receiving the tariff payment and sends release order to the Treasury Speed Section.ĪSYCUDA World supports full automation of customs clearance procedures (including data entry and direct registration, risk analysis, calculation of duties and taxes, and payment and accounting) using international standards.ĭetailed information on ASYCUDA World is available at. ASYCUDA system at the National Tax Agency in Angola, customs revenue recorded an increase of more than 43 per cent in 2018 in comparison with 2017. Implementation of ASYCUDA World and the purchase of scanners have reduced import customs clearance time.
Ī similar initiative can be drawn from the ongoing initiative (under PACER Plus) to establish ASYCUDA World tailored for the small island states like Nauru, Kiribati and Tuvalu. system ASYCUDA World, which will support six PACER Plus Pacific partner countries to access and leverage technology to help mitigate and recover from the impact of COVID-19. It should be noted that ASYCUDA World had been rolled out in previous aid-for-trade programs but small island states were excluded hence an example that even small economies should not be excluded from important aid-for-trade initiatives just because of their size.