With its connectivity import and export data can be checked through online system. Where money laundering is a threatening issue in the international trade, adoption and use of the automated system in the customs procedures can act as an effective tool towards combating trade-based money laundering. Among others major user countries are Bangladesh, Bolivia, Cambodia, Cuba, Iran, Lebaon, Malvides, Nepal, Sri Lanka, Iran, Vietnam, Venezuela and Zimbabwe. Different countries worldwide - in the Asia and pacific region, America, Europe and Africa are the users of the automated systems for customs data. In short, entering ASYCUDA world facilitates effective management of customs clearance process, improve calculation, collection and accounting of customs duties and other customs related functions, speed up the clearance of goods and combat trade-based smuggling, help getting accurate information and timely management of custom procedures and thus ensures economic activities smoothly.ĭata reveals that it is the single largetst technical cooperation programme in UNCTAD and now more than 90 countries worldwide are using the method by 19 languages. Trade and commerce got momentum in the countries where ASYCUDA connectivity is fully implemented. It helps to run import and export business smoothly and as such is cost effective and time worthy. It aims at collecting revenue in an appropriate manner and helps generating detailed information about foreign trade transactions which can be used for economic analysis and planning. By the connectivity, scope for tax evasion is protected which contributes in the economic development of a country. In fact, countries world-wide entering the ASYCUDA world operations because, the connectivity has made customs procedures accurate, transparent, reliable, faster and easier and as a result all the stakeholders in the internatonal trade can reap the benefit out of it.

As such, the system has been introduced and over the years, ASYCUDA technical development unit has designed and developed most sophisticated automation system and tools that ensure faster processing of documents, automatic verification and accounting of customs declarations. While doing the job they observed that without the expertise and involvement of customs administration and automation and modernisation of the customs procedures, it would not be actually possible to get proper data and compile foreign trade statistics in an appropriate manner. Way back in 1981 UNCAD had a request from the secreatiat of the Economic Community of Western African States (ECOWAS) to assist in the compilation of foreign trade statistics in their memebrs states. Automated System for Customs Data briefly called as ASYCUDA is an innovative, efficient and effective method for customs procedures adopted by any modern custom authority world-wide.

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