International traders have three basic requirements, according to the International Chamber of Commerce (ICC): predictability, reliability and consistency.
The Chamber's latest survey highlights common impediments to cross-border trade which should, it suggests, be taken into consideration by governments and policy-makers worldwide when determining what can be done to facilitate the flow of goods.
With 88% of respondents involved in import and export or trade in services (including freight forwarding, transportation and third party logistics), the survey reveals a need for greater capacity building, in particular through education and making information more easily available, to ensure that both traders and border control officials follow proper international trading procedures.
While recognising that the survey results are neither statistically valid nor entirely representative of the hundreds of thousands of organisations that trade globally, the ICC believes that the survey results serve to illustrate the need for an effective customs–business dialogue at national level to find ways to lessen delays in trade processes and to shorten release times.
It hopes that the survey results will provide useful insights into grassroots border barriers and impediments, as identified by economic operators.