Nepal accedes to Revised Kyoto Convention

Nepal accedes to Revised Kyoto Convention

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H.E Mr. Lok Bahadur Thapa, ambassador of Nepal, (second from left), presented to Dr Kunio Mikuriya, Secretary General of World Customs Organization, (third from left) the Nepalese Customs Reform and Modernization Strategies and Action Plan 2017-2021 as well as the Time Release Study Report conducted by the Nepalese Customs. With them were (from left) Lalita Silwal, First Secretary at the Embassy, and Shreekrishna Nepal, Deputy director general of Customs.

World Customs Organization (WCO) Secretary General Dr Kunio Mikuriya received the instrument of accession of Nepal to the International Convention on the Simplification and Harmonization of Customs Procedures (Revised Kyoto Convention or RKC) on February 3, 2017 from the ambassador of Nepal H.E Mr. Lok Bahadur Thapa.

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). With the accession of Nepal, the Convention now has 107 Contracting Parties.

Among others, 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.

Nepal ratified the Trade Facilitation Agreement on January 24, 2017, making it the 108th WTO member to do so, thus demonstrating the country’s commitment to implementing modern and effective Customs procedures adapted to the international trade environment and their efforts towards trade facilitation. The WCO Secretary General strongly encourages other WCO Members to accede to the Convention as soon as possible.

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