News

 

The private sector in ASEAN now has access to a powerful new online system, the ASEAN Customs Transit System (ACTS), which will reduce intra-ASEAN trading challenges and enable companies to benefit fully from the ASEAN Economic Community (AEC) and the free movement of goods across the ASEAN region.

In 2017, ASEAN Economic Ministers set the twin goals of reducing trade transaction costs by 10% by 2020 and doubling intra-ASEAN trade between 2017 and 2025. To realize this goal, the ASEAN Customs Transit System has been developed to allow businesses to lodge e-transit declarations directly with ASEAN Customs Authorities and to track the movement of their goods from loading at departure to delivery at the final destination.

The system is managed by a permanent ACTS Central Management Team based in the ASEAN Secretariat in Jakarta, Indonesia, with support from the EU-funded ARISE Plus program. Regional and national ACTS helpdesks are available (see https://acts.asean.org).

The ASEAN Economic Community (AEC) Blueprint 2025 aims to increase integration, cohesion competition innovation and connectivity across the 10 ASEAN member states.


MENU

Category

Archive

  • Statistics
  • JIFFA REPORT
Copyright© 2000- Japan International Freight Forwarders Association Inc. All Rights Reserved.