tradestatisticspurposes in the short term. Appendix 8 of the Balance of Payments and International Investment Position Compilation Guide ( BPM CG ) includes a questionnaire form on goods that can be used as a reference—see page 494 . 10
Visitor Expenditure Survey
7. Data from the VES for the compilation of exports of travel services (the main export of the country) estimates require revisions . ADEs are used in the current methodology, which are carried forward based on the annual inflation (consumer price index). Other ECCU countries have revised the
A technical assistance (TA) mission on external sector statistics (ESS) was conducted in The Valley, Anguilla, during March 27–31, 2017. This was the first mission to Anguilla carried out as part of the Caribbean Regional Technical Assistance Centre (CARTAC) work program on external sector statistics (ESS) and in response to requests from the Anguilla Statistics Department (ASD) of Anguilla’s Ministry of Finance, Economic Development, Commerce, Tourism, Land & Physical Planning (MFED).1
The purpose of the mission was to assist the ASD in strengthening the compilation and dissemination of ESS. This is intended to facilitate a robust assessment of external sector developments and policy impact. Reliable ESS are essential for informed economic policy-making by the authorities.
declarations for tradestatisticspurposes. Criteria can be developed to select transactions for post-release review as the transactions are being entered into the trade statistics database.
The selection of transactions for post-release verification is normally made on the basis of the following criteria, either singly or in combination:
Importer taxpayer identification number . 81 Importers with a history of false invoicing, undervaluation, and misdescription of goods should be identified as high risk and subject to a high probability of verification. For a period of
administration should take into account when it reforms and modernizes.
World Customs Organization Conventions and Declarations
The following three conventions and declarations of the WCO should form an important part of a customs administration’s reform and modernization program.
Harmonized Commodity Description and Coding System (HS) . The HS is the de facto world standard coding system that is used for tariff classification and tradestatisticspurposes. It comprises about 5,000 commodity groups, each identified by a six-digit code, arranged in a legal