Pilot Programs Aim to Facilitate Trade in Pharmaceuticals, Electronics


Source: WorldTrade Interactive
Related Topics: International Trade Government Agencies

U.S. Customs and Border Protection announced this week that on Nov. 1 it will launch two pilot programs designed to further facilitate trade in pharmaceutical and electronic products.

According to a CBP press release, the Center of Excellence and Expertise pilot will develop comprehensive strategies to facilitate trade and manage risk within the pharmaceutical industry. The pilot will drive the uniform implementation of policies, procedures and technical guidance within this sector. It will also evaluate opportunities to collaborate with other government agencies on touch points involving pharmaceutical imports. CBP anticipates that the CEE will be used by the pharmaceutical industry and importers of pharmaceutical products to address systemic issues and will serve as a source of information to increase expertise throughout the agency.

The second initiative, the Account Executive pilot, will test CBP’s ability to engage trusted partners in the electronics industry to facilitate trade while ensuring continued compliance with all import requirements. CBP states that this pilot aims to enhance its ability to formalize an account-based approach to dealing with trusted (low-risk) trade partners, remove transactional hurdles and other barriers for trusted partners and focus its resources on higher-risk companies and shipments. The AE pilot will draw on existing positions and areas of expertise in CBP while supplementing that expertise with training related to general and industry-specific business practices, processes and standards in order to allow strategic-level targeting and maintenance of high compliance rates.

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