02 November 2021
The fully automated environment provided by ASYCUDAWorld affords customs, cross-border agencies, and traders with the capacity to electronically submit and exchange data and documentation and computerize procedures. This enables the expediting of the clearance of imports, exports, transit trade, and other trade transactions, thereby greatly reducing the need for face-to-face interaction.
The COVID-19 pandemic continues to significantly affect all the facets of the international trade supply chain as well as the way the activities of the ASYCUDAWorld Implementation Project are conducted worldwide. Since March 2020, the global supply chains have been experiencing significant disruptions, including through reductions in trade volumes, declines in foreign direct investment, lower consumer goods demand, a reduction in commodity prices, and general economic decline in particular for vulnerable developing countries.