Innovative Technologies of Customs Cooperation between Russia and China

Svetlana Alekseevna Novikova and Elena Borisovna Kmet
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Svetlana Alekseevna Novikova: Far Eastern Federal University, Vladivostok, Russia
Elena Borisovna Kmet: Vladivostok State University of Economics and Service, Vladivostok, Russia

Russian Foreign Economic Journal, 2023, issue 11, 55-63

Abstract: Trade cooperation between Russia and China is comprehensive, pervades all major areas of customs affairs, and opens up new opportunities and ways to further strengthen the cooperation between customs administrations. With the introduction of information and communication technologies (automation, digitalization, electronic database systems and their mutual use), countries’ customs services have the opportunity to improve the efficiency of customs clearance and control of goods, reduce customs risks and bureaucratic burden on trade participants. In this regard, highlighting the key areas of such cooperation, namely, the introduction of innovative methods of customs clearance and control is of particular importance. Currently, the sanctions imposed by unfriendly countries set the task for the Russia’s customs services to increase foreign trade turnover, simplify customs formalities and the administrative burden on business through the digital transformation of customs technologies. The issue under consideration determines the relevance of the study, the purpose of which is the need to develop a program for the introduction of innovative technologies in the practice of customs cooperation between Russia and China, and assess its impact on the deepening of bilateral trade.

Keywords: innovative technologies; customs clearance and customs control; Russian-Chinese trade; promotion of mutual trade; innovative technology implementation program (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2023_11_55-63

DOI: 10.24412/2072-8042-2023-11-55-63

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