Coordinated Border Management (CBM) is a concept providing the principles and frameworks for multiple agency coordination and cooperation. Constructive discussion on CBM between the right stakeholders can define a roadmap for establishing a structured and effective collaboration among border agencies, which in turn will provide the necessary balance for success. Success is achieved by balancing trade facilitation with enhanced security controls, which will result in economic prosperity for the UAE and it’s regional partners.
TTEK’s Framework for Recouping Lost or Evaded Revenue on Display in the Caribbean
TTEK recently re-started a Customs revenue enhancement engagement with the Bahamas Ministry of Finance, after it was temporarily paused due to Covid-19 and the ongoing pandemic travel restrictions back in June 2020. This current phase of the project has primarily focused on strengthening the capabilities of the Bahamas Customs Post Clearance Audit (PCA) program. Prior to this phase, TTEK’s Ai-driven technology was employed to perform a revenue forensics analysis, which identified the most likely areas of revenue leakage associated with recent importations.