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Effective enforcement of international trade regulations requires powerful data analytics | WCO News

Achieving enforcement within the complicated maze of existing and new regulatory expectations

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March 12, 2023
en lt
Effective enforcement of international trade regulations requires powerful data analytics | WCO News

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New regulatory frameworks are constantly being introduced by governments with the aim of ensuring that the trading of goods remains compliant with their goals. While the regulators place the onus of compliance mainly on the importers themselves, Customs are also faced with the immense responsibility of enforcing these regulations effectively without stopping the wheels of the global economy from turning. The smart use of data and technology to provide Customs authorities with the necessary knowledge and tools represents the best way forward.

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