CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

ARTICLE 34Terms of cooperation1. The Parties recognise the importance of cooperation as regards customs and trade facilitationmeasures for the implementation of this Agreement.2. In accordance with the provisions of Article 7, the Parties agree to cooperate in the followingareas, inter alia:(a)the application of modern customs techniques, including risk analysis and risk management,binding information, simplified procedures for imports and exports of products, subsequentverifications and company audit methods;(b)the introduction of procedures which reflect where possible the international instruments andstandards applicable in the field of customs and trade, including WTO rules on customsvaluation and WCO instruments and standards, inter alia the International Convention onthe Simplification and Harmonisation of Customs Procedures, concluded at Kyoto on18 May 1973, and revised at Brussels on 26 June 1999 (the "revised Kyoto Convention") andthe WCO Framework of Standards to Secure and Facilitate Global Trade; and(c)the computerisation of customs and trade procedures.CE/PAC/en 41