Customs & Standards: Improving Grenada’s Business Climate

Grenada Coat of Arms

The Division of Customs and Excise, and the Grenada Bureau of Standards, recently signed a Memorandum of Understanding (MOU), to officially standardise the existing inter-agency operations electronically supported by ASYCUDA World.

ASYCUDA is the acronym for Automated System for Customs Data. This MOU seeks to provide a suitable framework for both agencies to establish and implement an inter-agency compliance system for ensuring that products subjected to trade in Grenada, meet the Compulsory National Standards, and by extension eliminate the entry of sub-standard products into the domestic market.

Furthermore, the MOU:

  • is intended to establish and improve cooperative working relationships
  • provides for a coordinated and cohesive approach to achieving the goal of an effective and efficient import monitoring system.
  • is further designed to eliminate or prevent overlap of activities, duplication of effort, and inconsistency of action, to the benefit of the regulated public, the Bureau of Standards, Customs Administration and other local interest groups.

The two entities are confident that this arrangement will streamline work processes and create higher levels of efficiencies which will translate into a further reduction in the time taken to clear goods.

The Grenada Customs and Excise Division remains committed to the effective use of ASYCUDA World which can contribute to significant improvement in the country’s investment climate. The upgrade to ASYCUDA World has opened the way for a number of improvements in the Division’s trade facilitation efforts to bring continued benefits to traders, and other government agencies.

Source: Comptroller of Customs

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