The World Trade Organization (WTO) Agreement on Customs plays a significant role in facilitating international trade. The primary aim of this agreement is to ensure that customs procedures are transparent, predictable, and consistent, making it easier for businesses to move goods across borders.

The WTO Agreement on Customs was established in 1994 as part of the Uruguay Round negotiations. It provides a set of rules and guidelines that member countries must follow to streamline their customs procedures. The agreement covers a wide range of issues, including the valuation of goods, rules of origin, and the classification and clearance of goods.

One of the main objectives of the WTO Agreement on Customs is to reduce trade barriers by simplifying and harmonizing customs procedures. This helps to speed up the clearance of goods at borders, reducing the time and cost of doing business. It also improves predictability, making it easier for businesses to plan their operations and reducing the risk of unexpected delays or costs.

Another key aim of the agreement is to ensure that customs procedures are applied fairly and consistently. This helps to prevent discriminatory practices that could harm smaller businesses or countries with weaker negotiating power. By providing a level playing field for all businesses, the WTO Agreement on Customs helps to promote an open and fair trading system that benefits everyone.

In addition, the WTO Agreement on Customs aims to promote cooperation among member countries. This includes sharing information and best practices to improve customs procedures and reduce administrative burdens. By working together, countries can create a more efficient and effective customs system that benefits all parties.

Overall, the main aim of the WTO Agreement on Customs is to create a transparent and predictable customs environment that supports international trade. By simplifying and harmonizing customs procedures, reducing trade barriers, and promoting fairness and cooperation, the agreement helps to create a more open and inclusive global trading system.