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IAS Prelims 2019: 2000 Solved MCQ for GS Paper
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World Customs Organization (WCO)
The 80th session of Policy Commission of the World Customs Organization (WCO) meeting was hosted by the Central Board of Indirect Taxes and Customs (CBIC), India in Mumbai.
World Customs Organization (WCO)
- It was established in 1952 as the Customs Co-operation Council. In 1994, the Council agreed to adopt the working name ‘World Customs Organization’ to better reflect the growth in its worldwide membership.
- It is an independent intergovernmental body to enhance the effectiveness and efficiency of Customs administrations.
- It is the only global organization which defines global standards and procedures for customs clearances at the border and their implementation.
India and WCO
- India is a member of the WCO since 1971.
- It is a part of the Asia Pacific region.
- India is currently vice-chair (regional head) of the Asia Pacific region of the World Customs Organisation (WCO) for a period of two years till June 2020.