Factors Influencing Operationalization of World Trade Organization Agreement On Customs Valuation in Kenya
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Date
2018
Authors
Jeruto, Angeline
Journal Title
Journal ISSN
Volume Title
Publisher
KESRA/JKUAT - Unpublished research project
Abstract
World Trade Organization aims to establish a predictable and transparent multilateral trading system to strengthen multilateral cooperation in trade liberalization(WTO, 2012c).This implies a reduction of trade barriers and non-tariff barriers, such as import licensing, rules for the valuation of goods at customs (including customs formalities and procedures), pre-shipment inspection, rules of origin, investment measures, lack of transparency and unfair application of trade measures, unnecessary obstacles to trade embedded in technical regulations and standards measures. Nevertheless, under certain circumstances, WTO law allows members to restrict trade to protect legitimate policy objectives, such as the health of consumers, exhaustible natural resources, and so on. The specific objective of this project was to: establish the effect of capacity building on operationalization of WTO Customs Valuation Agreement in Kenya; Find out the effect of Policies on the operationalization of WTO Customs Valuation Agreement in Kenya Customs and to assess the effect of Procedures on the operationalization of WTO Customs Valuation Agreement in Kenya. The study will be conducted at Kenya Revenue Authority. The study targeted 60 respondents from KRA. The study adopted primary data and a descriptive survey research design. Primary data was collected using semi structured questionnaires containing closed ended questions. The quantitative data was analyzed using descriptive statistics. In addition, the study used multiple regression analysis to analyze the data. The study concluded that capacity building significantly and positively influences Operationalization of WTO Customs Valuation Agreement in Kenya. The study also concluded that policies have a significant and a positive effect on operationalization of WTO Customs Valuation Agreement in Kenya. Finally, the study concluded that procedures had significant and a positive effect on operationalization of WTO Customs Valuation Agreement in Kenya. In order to improve efficiency in customs clearances and administration, the study recommends that KRA should adequately undertake some customs modernizations efforts mainly concerned with integration of ICTs and trying as much as possible to make customs paperless. The study also recommends that KRA should encourages the government to involve private entities to act as surveillance agencies to identify non-conformities to trade agreement regulations. Finally, the study recommends that KRA should do away with inconsistent valuation procedures on determining the proper invoicing of customs products.
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Keywords
World Trade Organization, Customs Valuation