Common use of Paperless Trading Clause in Contracts

Paperless Trading. 1. The Customs Administration of each Party, in implementing initiatives which provide for the use of paperless trading, shall take into account the methods agreed by the World Customs Organization, including adoption of the World Customs Organization data model for the simplification and harmonisation of data. 2. The Customs Administration of each Party shall work towards having electronic means for all its customs reporting requirements, as soon as practicable. 3. The introduction and enhancement of information technology shall, to the greatest extent possible, be carried out in consultation with all relevant parties including businesses directly affected.

Paperless Trading. 1. The Customs Administration Authority of each Party, in implementing initiatives which provide for the use of paperless trading, shall take into account the methods agreed by the World Customs Organization, including the adoption of the World Customs Organization data model for the simplification and harmonisation harmonization of data. 2. The Customs Administration Authority of each Party shall work towards having electronic means for all its customs reporting requirements, as soon as practicable. 3. The introduction and enhancement of information technology shall, to the greatest extent possible, be carried out in consultation with all relevant parties including businesses directly affected.