Baku, Azerbaijan — Today Azerbaijan Customs joined TradeLens, the blockchain-enabled supply chain platform, jointly developed by Maersk (through its subsidiary Maersk GTD Inc.) and IBM. With more than 100 participants on the platform today, TradeLens is already processing over ten million discrete shipping events and thousands of documents each week, providing shippers, freight forwarders, customs officials and others a common view of transactions and related data.
The adoption of TradeLens is expected to enhance efficiency and add safety to Azerbaijan’s import and export operations. Azerbaijan now joins a growing number of government authorities worldwide to adopt or actively pilot TradeLens for enhancing digitization efforts. The agreement was, signed by Igbal Babayev, Deputy Chairman of the State Customs Committee of the Republic of Azerbaijan and Norbert Kouwenhoven, TradeLens Authorities Leader.
TradeLens has the fundamentals to assist authorities and stakeholders to achieve efficiencies, reduce the cost of trade and positively affect trade turnoverSafar Mehdiyev, Chairman of the State Customs Committee of the Republic of Azerbaijan
State Customs Committee of Azerbaijan is reforming all aspects of customs clearance in the country and applying innovative technologies to achieve this target. One of the key objectives of the Committee is to fully automate clearance processes. “TradeLens is a major supply chain platform and becoming a trusted platform for trade industry stakeholders.”
“Blockchain is well positioned to be one of the major components in the elimination of paper documents in the customs industry. The TradeLens platform has fundamentals to assist authorities and stakeholders to achieve efficiencies, reduce the cost of trade and positively affect trade turnover,” said Safar Mehdiyev, Chairman of the State Customs Committee of the Republic of Azerbaijan.
With TradeLens in place, Azerbaijan will receive earlier and more complete insight regarding the contents of containers and parties involved in the shipments moving across the TradeLens ecosystem. This will allow for improved risk assessment of transports in and out of the county and should lead to faster clearance processes, alleviation of costly compliance burdens for traders, and enhance overall trade facilitation throughout the region.
“Customs authorities around the world play critical roles in the normal flow of goods from point to point,” said Mike White, CEO of Maersk GTD and Head of TradeLens.
“Today, lacking data fluidity poses significant risks to shipment screening processes and bold change is needed. Azerbaijan has shown a commitment to trade digitization and we’re eager to get to work together.”
About Azerbaijan Customs
The State Customs Committee of Azerbaijan Republic is a governmental agency within the Cabinet of Azerbaijan in charge of customs clearance for imports and exports, and regulation of all customs activities within Azerbaijan Republic. The State Customs Committee started to implement “Single window – United Automated Management System” since 2009 which is now an integrated solution for customs clearance management which combines all government agencies related to clearance processes.
The TradeLens platform has been jointly developed by Maersk and IBM. TradeLens is an open and neutral industry platform underpinned by blockchain technology, supported by major players across the global shipping industry. The platform promotes the efficient, transparent and secure exchange of information in order to foster greater collaboration and trust across the global supply chain.
For further information, please contact:
Regional Communications Manager, Europe, Maersk