Montenegro Time Release Study - 2021

The Revenue and Customs Administration of Montenegro, with the support of the International Finance Corporation
(IFC), has successfully undertaken its second Time Release Study according to The World Customs Organization’s
(WCO) methodology.
We would like to express our gratitude to the IFC Trade Facilitation Support Project Team, led by Violane Konar –
Leacy and Ratka Stijepovic, for providing a comprehensive consultancy and technical support in the implementation
of the Study, as well as for working jointly with us to ensure better efficacy of the customs procedures and create a
better environment for cross border trade.
We would like to thank the TRS Working Group team members for their engagement and commitment to undertaking
this study. We also recognize the participation and cooperation by all major stakeholders in the study locations,
including heads of customs offices and customs posts and their colleagues, Veterinary and Phytosanitary
Administration, Administration for Inspection Affairs, Police Administration - Border Police Department, Centre for
Eco-Toxicological Research, Institute of Ferrous Metallurgy, Podgorica Airport, Port of Adria, Zetatrans, Chamber of
Economy, and traders and freight forwarders; we thank them for their support and cooperation in the preparation of
the Study.
Finally, we extend our thanks to each and every one who in one way or the other participated in the study.

The Study is available here: MNE TRS 2021_ENG final.pdf