Port of Port-of-Spain The upgraded system now being utilised by the Customs and Excise Division will improve this country’s ease of doing business, the Ministry of Finance has stated. In a release issued yesterday, the Finance Ministry announced that the Customs and Excise Division has upgraded to ASYCUDA World 4.2.2. ASYCUDA is a computerised customs management system developed in Geneva by the United Nations Conference on Trade and Development (UNCTAD) which covers most foreign trade procedures. The upgraded ASYCUDA World 4.2.2. introduces “many new features that are geared towards improving the quality of service offered by the Division whilst at the same time enforcing the necessary Customs controls that ensure consistent quality data is submitted by traders”, the Finance Ministry stated.