Iran Ratified the Multilateral Agreement among D-8 Customs: another Progress in D-8 Cooperation
Tehran, Iran | February 11, 2010 by
the Government of the Islamic Republic of Iran had ratified the "Multilateral Agreement among D-8 Member Countries on Administrative Assistance in Customs Matters" in 15 December 2009
Another progressing step in consolidating the cooperation among D-8 member states has been reached recently through the ratification of “Multilateral Agreement among D-8 Member Countries on Administrative Assistance in Customs Matters” by the Government of the Islamic Republic of Iran in 15 December 2009. The Instrument of Ratification has been forwarded to D-8 Secretariat as the Depositor in February 9th, 2010.
The said agreement seek to refine cooperation among member countries in the scope of exchange of information, capacity building, administrative assistance, transit facilitation and Custom Data Bank (CDB). The agreement also spells out the special instance of assistance regulated among the member countries, such as the information relating to customs offences, surveillance, joint-control, particular export-import types of information, as well as the assistance in the recovery customs claims.
D-8 is currently on the right track to accelerate its cooperation schemes among memberstates. Another of the most significant agreement to be entered into force is the D-8 Visa Simplification Agreement, to which 4 member countries (Iran, Pakistan, Turkey and Malaysia) have officially ratified.
This is the second ratification after that of the Republic of Indonesia, which had officially ratified the agreement in 2008.
The Agreement shall enter into force 90 days after the deposition of instrument of ratification of five (5) Member States of D-8.
D-8 encourages the rest of member countries to accelerate the ratification of this agreement which shall allow the promotion of Custom Cooperation and facilitates intra-trade to increase its volume from currently 3% of the total trade with the world to 15% within the next 10 years, which is in line with the targets emanated in the D-8 Roadmap 2018.
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8:06 pm on April 26th, 2010
Congratulate to D-8 Organisation cause of new members of D-8 into ratifictaion of D-8 Custom Agreement. Basically, this is the other agreements that will be convince the other D-8 member states to ratify D-8 PTAs. Generally, both agreements should work hand in hand (D-8 PTAs and D-8 Custom Agreement) to ensure the D-8 PTAs will be reality and succesful in future. So, thsi is the stages for D-8 Organisation to prepare their trade firm strategies to be highlight thsi issue during HLTO meeting on 13-14 May 2010. Why? Generally, when Custom Agreement has been ratified by several countries might be it will be influcence the rest of non- ratify D-8 PTAs to ratify that D-8 PTAs because of Custom and PTAs are related and most significance. Hence, for further and detail process of D-8 PTAs implemnetation and ratification will be held on 13-14 May 2010 through exchange information for product list and negotiation process amongst the member states. During the meeting, hopefully the previous countries already ratified D-8 PTAs might be could monitoring next steps of offer list product for PTAs by the other member states. Hence, it might show that the new comers might presenting a new offer list product and expand product offer list in line with the other communities demand on trade. Finally, I am confident that PTAs will be succesful when the states will be ratifying the other Multilateral D-8 Agreement especially Custom AGreement and D-8 Visa Simplification Agreement.
Madzli bin Harun
Lecturer (International Trade Policy and Law)
Universiti Malaysia Terengganu,MALAYSIA