Sao Tome and Principe acceded to the International Convention on the Simplification and Harmonization of Customs Procedures (Revised Kyoto Convention or RKC) on 8 May 2017.
With this accession, the Convention now has 110 Contracting Parties.
Having entered into force on 3 February 2006, the Revised Kyoto Convention is a WCO legal instrument acceded by several countries as the way to further promote legitimate trade and effective controls. It is regarded by the entire international Customs Community as a blueprint for modern Customs in 21st Century, which complements countries’ efforts towards the ratification and the implementation of the World Trade Organization Agreement on Trade Facilitation (TFA).
The Convention’s key elements include the application of simplified Customs procedures in a predictable and transparent environment, the optimal use of information technology, the utilization of risk management for efficient Customs control, a strong partnership with the trade and other stakeholders, and a readily accessible system of appeals.
WCO Secretary General Dr. Kunio Mikuriya welcomed the accession of Sao Tome and Principe to the RKC since this demonstrates the country’s commitment to implementing modern and effective Customs procedures adapted to the international trade environment and its efforts towards trade facilitation. The Secretary General strongly encourages other WCO Members to accede to the Convention as soon as possible. – WCO