STANDARDS Link Vol 2 Issue 12 -SLBS Streamlines a Critical Process
The Saint Lucia Bureau of Standards is supporting efforts to return St. Lucia to an enviable standing in the Best Place to do Business rankings. The SLBS’ collaboration with Asycuda World an automated system for customs data software will minimize the use of paper as well as remove the need to transact business at SLBS terminals.
The resultant impact will positively facilitate trade and business within Saint Lucia’s borders, while ensuring the SLBS’ mandate to promote health and safety of consumers is maintained.
The SLBS has secured grant funding from the IFC World Bank to develop its capacity to work with Asycuda World. This collaboration will improve the efficiency and effectiveness of the work of customs and excise and the SLBS.
Head of the Compliance Department Mr. Hubert Reynolds is excited about the efficiencies which will be created once the programme comes on stream. According to Reynolds, “it is expected with the new system the process of clearing consignments of goods which would typically have taken half a day, could be accomplished in mere minutes.”
In December, a Risk Management Review Group with representation from SLBS, SLASPA, Customs and Excise, Ministries of Agriculture, Commerce, Health and External Affairs convened to review the terms of reference for the group and a work plan to guide its operations.
The use of risk management promotes leaner supply chains that minimize trade transactions costs, increase competitiveness, and promote regional co-operation in trade logistics.