Trade Facilitation

The simplification and harmonization of international trade procedures where trade procedures are the activities practices and formalities involved in collecting, presenting, communicating and processing data required for the movement of goods in international trade.

Trade facilitation

Trade Facilitation’s role is to deploy best practices across Oman’s public and private logistics sectors that will internationally standardize all operations, create opportunities and enable growth. Our work is to make sure that the state-of-the-art business environment is available for the trade and logistics community to enable profitable business operations in and with Oman. We are continuously looking for ways to save money and cost for businesses by bringing the stakeholders together for optimal solutions.

Trade facilitation has always been a top priority and these outcomes are now highly appreciated by the business community. The productivity gains come through streamlined clearance procedures, improved regulation and developing better systems. We see the world from the perspective of the end users. Freight forwarders, customs brokers, traders and all other related service providers are our customers.

OLC is working in tandem with the Directorate General of Customs, other Government control agencies and private enterprise stakeholders to improve trade flows and to understand how to achieve the best possible results for the trade and logistics communities. Over time these improvements will show as shorter trade lead times and reduced costs to consumers.

Trade Facilitation at OLC has set out 5 goals driven by SOLS 2040 ambitions

Trade facilitation is an important contributor also how Oman’s business environment is seen from outside. Our goal by 2040 is to position Oman within the top ten of the World Bank’s Logistics Performance Index (LPI). It is happening and it is very real. Our success is coming from practical, ground-level work on true-life implementation. Our efforts are having a tangible impact. In 2018 our LPI rank improved by five and we’ve just jumped ten places in the global Doing Business index.

Trade Facilitation Instruments

The key instruments used by trade facilitation are based on the World Trade Organization’s Bali Trade Facilitation Agreement (TFA), which Oman is a signatory to. The TFA agreement offers advice on how to facilitate trade by reducing bureaucracy and red tape at borders by promoting cooperation between border agencies and the trade community.

Click Here for TFA Agreement

Access to Information

This Measure formulates a mandatory obligation for WTO Members to publish promptly the trade-related information listed in Article 1.1 in a “non-discriminatory and easily accessible manner” in order to let the interested parties……

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Pre-Arrival Clearance

Implementation of Article 7.1 of the TFA enables traders to submit documents and other required information pertaining to the import trade transactions ahead of arrival of the goods at the port of entry……

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Post Clearance Audit

PCA is a system of checking that includes documentary review and audit after goods have been cleared from the borders. The Directorate General of Customs has implemented post clearance audit of goods……

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Advanced Rulings

Advanced-rulings are binding decisions issued by the Directorate General of Customs in implementation of customs laws and regulations, with respect to details relating to specified goods, especially Valuation, classification……

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Adoption on international transport conventions

International Trade is an engine for economic growth and contributes to the promotion of sustainable development. The exponential increase in global trade……

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One Stop Shop

The initiative of establishing a single station for inspection using risk management was implemented in conjunction with the Bayan system, by a decision of the Cabinet of Ministers in October 2017……

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Risk Management

Is a system through which specific criteria and indicators are developed to monitor and analyze various security, health, environmental and other risks, allowing identification of high, medium and low risk…….

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Bonded Warehouse

A bonded warehouse means any warehouse or other place licensed by the Director-General of Customs for the deposit of dutiable goods on which import duty has not been paid and which have been entered to be warehoused……

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Port Community System

The National Port Community system is a neutral electronic platform that enables intelligent and secure exchange of information between the public and private stakeholders in order to improve the competitive position of the sea……

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Public Consultation

According to the WTO Trade facilitation Agreement traders and other interested parties shall be given an opportunity and reasonable time to comment on proposals for new trade-related and customs laws and administrative regulations……

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Authorized Economic Operator

Companies who have been qualified by the directorate general of Customs and given a certificate as an Authorized Economic Operation, in which they receive certain privileges. These benefits include Fast border clearance for incoming……

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Business Partnering

Sound and efficient business regulations are critical for entrepreneurship and a thriving private sector. Predictability and transparency in movement of goods is one of the key areas in business……

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