The Government of Guyana has embarked on the implementation of ASYCUDA World (AW). The AW programme is an integrated customs management system which was developed by the United Nations Conference on Trade and Development (UNCTAD) to aid with the modernization of manifests, customs declarations, accounting procedures, transit, suspense procedures, among others. With this application, the Guyana Revenue Authority (GRA) aims to take Guyana to a higher level in trade facilitation by the standardization of procedures along with the implementation of international norms and best practices. The system has been implemented in over 90 countries, territories and regions. The version being implemented comes with enhanced web interface and allows for the minimization of administrative costs to the business community.
With the implementation of the ASYCUDA World, the GRA will also strengthen Customs’ operations efficiency for control and improve transparency through full audit trails, reform the customs clearing procedures, among other mechanisms. Government will be provided with accurate and timely statistics on foreign trade and revenue.  Additionally, AW will promote faster clearance time as well as lower transaction costs.