From left -right Christopher De. Riggs - Chairman, GDTAC Sterring Committee, Hon. V. Nazim Burke - Min. of Fin., Carlyle Felix - COC

On Wednesday June 30^th Grenada launched the ASYCUDA World project. The implementation of ASYCUDA World in Grenada is a sub-project of the Grenada Technical Assistance Credit Project (GDTAC) which is jointly funded by the International Development Association (IDA) and the European Union (EU).  The GDTAC which started in 2009 is aimed at improving the environment for private sector led growth, through the modernization of key public sector institutions (namely Grenada Bureau of Standards, the Inland Revenue Division, the Grenada Industrial Development Corporation and the Customs & Excise Division) and the implementation of an export strategy.

ASYCUDA World will allow Customs and the private sector to conduct most transactions, from Customs Declarations to Cargo Manifest and Transit documents via the internet.  This will improve the ease of doing business with the Division and reduce the time taken to clear goods.

The installation and implementation is expected to be completed within 18-24 months.