Customs Modernization Act

The Customs Modernization Act is a U.S. law aimed at improving the efficiency and effectiveness of customs operations. Enacted in 1993, it focuses on modernizing customs processes, enhancing trade facilitation, and ensuring security. The Act encourages the use of technology and data sharing to expedite the movement of goods while maintaining compliance with regulations. It also promotes partnerships between customs and the trade community, emphasizing the importance of transparency and cooperation in preventing fraud and ensuring compliance with laws. Overall, it supports a balance between efficient trade and effective enforcement of customs regulations.