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Empowering the New Silk Road:
the European Fast Corridors
The European Experience on Customs clearing procedures
Professor Marco Greggi, Ph.D
Ferrara and the Silk Road
2
Economic Integration along the Silk Road
• Issues on the Agenda:
• Understanding the meanings of «Silk Road»:
• Historical Concept;
• Business Issues;
• Reasoning on Infrastructures to be developed:
• Physical infrastructures;
• Legal infrastructures (rule of law in business relations);
• Tax Infrastructures (Indirect taxation, Customs duties, warehouse management, …);
• Concluding remarks.
3
Historical Concept
• A Bridge
between
cultures that
boomed in
the IX
Century but
was still very
active in the
XIII.
4
From Marco Polo’s Saga to the current Days
• There are silk roads:
• NSR “New Silk Road Project”
• SREB “Silk Road Economic Belt”;
• Different Supports (US vs China);
• Different paths;
• Different purposes;
• Different impacts on the Central Asian Region;
• …
5
Silk Road 2.0
6
The European (and Italian) view on this
• Priorities on the Agenda:
• Need for a legal infrastructure;
• Cope with Customs and Customs clearance;
• Understanding the legal consequences of importation of goods:
• Application of Customs Fees (if any);
• Application of VAT (always);
• Possible use of tax warehouses to temporarily waive import fees and taxes;
• …
7
Factors preventing the implementation of the
Road
COSTS TIME
BUREAUCRACY
LEGAL
UNCERTAINTY
8
Introducing the Fast Corridors
• Initiative led by the Italian Customs Agency consistently with
European Regulation;
• The core concept: Goods first !
• Immediate delivery of the products imported to the place where they
are going to be used / sold / manufactured.
• Clearance occurs after the goods have been delivered;
• Conditions:
• Reciprocal trusts;
• Availability of adequate arrangements.
9
Success Cases
10
Advantages of the fast Corridors
• Better management of airport / port / warehouse areas;
• Dramatic decrease of the stand by time of goods at Customs premises
for inspection;
• On-time service delivery;
• Improved safety and reliability of the documentation (electronic
format) confirming the nature of the business and the transaction;
• Internet of Logistics;
• Custom compliance made available on corporate software currently
used for business management (horizontal integration).
11
Conditions to be Met
1. Appropriate handling of the goods (stored in special purpose
containers);
2. Transportation contract consistent with international standards
covering the part of the corridor;
3. Destination point controlled as the starting point;
• Need to coordinate Customs administrations of the States
• Qualified responsibility of the transporter;
4. Development of special software to manage fast corridors.
12
Fast Corridors on the Silk Road
• Opportunities for Kazakhstan:
• Country of logistics;
1. Services;
2. Education;
3. Know how;
4. Standards improvement;
• Accelerating competitiveness of the land Silk Road;
• Seamless transportation model;
• More friendly framework for the business.
13
Opportunities for Education too
• Training of the Kazakh future expert in logistics:
• Transportation Contracts;
• Taxation;
• Customs clearance;
• Collaboration between Tax administration;
• Italian experience:
• Collaboration between University and Customs agency;
• Special purpose seminars on logistics;
• Opportunity for the country, opportunity for the Educational system.
14
Thanks for your attention
marco.greggi@unife.it
15

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Empowering the New Silk Road: the European Fast Corridors

  • 1. Empowering the New Silk Road: the European Fast Corridors The European Experience on Customs clearing procedures Professor Marco Greggi, Ph.D
  • 2. Ferrara and the Silk Road 2
  • 3. Economic Integration along the Silk Road • Issues on the Agenda: • Understanding the meanings of «Silk Road»: • Historical Concept; • Business Issues; • Reasoning on Infrastructures to be developed: • Physical infrastructures; • Legal infrastructures (rule of law in business relations); • Tax Infrastructures (Indirect taxation, Customs duties, warehouse management, …); • Concluding remarks. 3
  • 4. Historical Concept • A Bridge between cultures that boomed in the IX Century but was still very active in the XIII. 4
  • 5. From Marco Polo’s Saga to the current Days • There are silk roads: • NSR “New Silk Road Project” • SREB “Silk Road Economic Belt”; • Different Supports (US vs China); • Different paths; • Different purposes; • Different impacts on the Central Asian Region; • … 5
  • 7. The European (and Italian) view on this • Priorities on the Agenda: • Need for a legal infrastructure; • Cope with Customs and Customs clearance; • Understanding the legal consequences of importation of goods: • Application of Customs Fees (if any); • Application of VAT (always); • Possible use of tax warehouses to temporarily waive import fees and taxes; • … 7
  • 8. Factors preventing the implementation of the Road COSTS TIME BUREAUCRACY LEGAL UNCERTAINTY 8
  • 9. Introducing the Fast Corridors • Initiative led by the Italian Customs Agency consistently with European Regulation; • The core concept: Goods first ! • Immediate delivery of the products imported to the place where they are going to be used / sold / manufactured. • Clearance occurs after the goods have been delivered; • Conditions: • Reciprocal trusts; • Availability of adequate arrangements. 9
  • 11. Advantages of the fast Corridors • Better management of airport / port / warehouse areas; • Dramatic decrease of the stand by time of goods at Customs premises for inspection; • On-time service delivery; • Improved safety and reliability of the documentation (electronic format) confirming the nature of the business and the transaction; • Internet of Logistics; • Custom compliance made available on corporate software currently used for business management (horizontal integration). 11
  • 12. Conditions to be Met 1. Appropriate handling of the goods (stored in special purpose containers); 2. Transportation contract consistent with international standards covering the part of the corridor; 3. Destination point controlled as the starting point; • Need to coordinate Customs administrations of the States • Qualified responsibility of the transporter; 4. Development of special software to manage fast corridors. 12
  • 13. Fast Corridors on the Silk Road • Opportunities for Kazakhstan: • Country of logistics; 1. Services; 2. Education; 3. Know how; 4. Standards improvement; • Accelerating competitiveness of the land Silk Road; • Seamless transportation model; • More friendly framework for the business. 13
  • 14. Opportunities for Education too • Training of the Kazakh future expert in logistics: • Transportation Contracts; • Taxation; • Customs clearance; • Collaboration between Tax administration; • Italian experience: • Collaboration between University and Customs agency; • Special purpose seminars on logistics; • Opportunity for the country, opportunity for the Educational system. 14
  • 15. Thanks for your attention marco.greggi@unife.it 15