The WCO's Time Release Study (TRS) methodology measures the average time taken to release/clear goods at borders, identifying bottlenecks and informing trade facilitation reforms.
- True
- False
Answer: True
TRS is a standardized WCO tool for diagnosing customs and border agency efficiency. By tracking goods movement from arrival to release, it pinpoints delays (documentation, inspections, payments) and supports evidence-based reforms to reduce trade costs and enhance competitiveness.