WHAT IS BASC /
Benefits
Benefits for Companies
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Improve competitiveness and image of the companies. |
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Expand the opportunities of businesses in international markets. |
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Reduce the risks related to international trade. |
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Diminish economic losses due to inefficiency. |
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Promote an atmosphere of safe work. |
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Improve the control and traceability of the supply chain. |
Benefits to Customs Administrations
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Provide another selectivity tool to enhance risk management techniques. |
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Create greater security consciousness within global business; improve business’ security, operating policies and procedures. |
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Improve risk profiles by identifying “risky” businesses and working to improve their security. |
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Maximize customs resources. |
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Assure efficient trade flow without decreasing controls. |
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Work with companies to improve their internal procedures based on country specific risks. |
Benefits for Countries
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To more efficiently prevent merchandise smuggling, customs fraud, terrorism, illicit narcotic trade and the use of chemical substances used in the production of narcotics. |
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To facilitate trade between nations in an efficient and secure manner. |
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