Current Affairs - Places - Discussion

The 80th Session of the Policy Commission of the World Customs Organization (WCO) was held in Mumbai, Maharashtra . The Session is being organized by the WCO and hosted by the Central Board of Indirect Taxes and Customs (CBIC), India. The Indian delegation was headed by CBIC Chairman, S Ramesh. The custom heads of more than 30 countries participated in the 3-day long discussion on various matters related to customs. Some of the important topics discussed during the meeting include trade facilitation, controlling illicit financial flow, performance measurement, challenges of small island economies, etc. The WCO is the only global organization which defines global standards and procedures for customs clearances at the border and their implementation. It is headquartered at Brussels, Belgium.