Commonly Used Terms
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Kyoto Convention refers to the international agreement signed in 1973 to set standard customs and procedures for international shipments. Also known as the Simplification and Harmonization of Customs procedures, the agreement was implemented in 1974. Since then, the Kyoto Convention has been updated to include and comply with the latest government and global trade practices. The latest revision to the rules was implanted on 3rd February 2006.