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Bolivia, closer to implementing the Time Release Study
By PPO Abogados
With the participation of 10 Customs officials, the main outcome of this activity was the review and adjustment of the business process maps and questionnaires, as well as initial preparations for the pilot programme to be carried out in April 2023.
The World Customs Organization (WCO) carried out a two-day mission for the Customs Administration of Bolivia implementation of the Time Release Study (TRS) in the country.
With the participation of 10 Customs officials, the main outcome of this activity was the review and adjustment of the business process maps and questionnaires, as well as initial preparations for the pilot programme to be carried out in April 2023. Furthermore, the WCO experts reinforced the participants’ understanding of the WCO tools and guidelines.
With the results of this mission, the Customs Administration of Bolivia has completed the steps towards implementing the TRS, and has secured the optimal instruments to deliver accurate results during the study.
Since 2020 Bolivia has been highly engaged in implementing the TRS as part of the national efforts to foster economic development, enhancing the investment climate and national competitiveness.
The WCO Time Release Study is a strategic and internationally recognized tool to measure the actual time required for the release and/or clearance of goods, from the time of arrival until the physical release of cargo, with a view to finding bottlenecks in the trade flow process and taking necessary measures to improve the effectiveness and efficiency of border procedures.
PPO Indacochea
PPO Indacochea is Bolivia’s leading full-service law firm, formed through the strategic merger of PPO Abogados and Indacochea & Asociados—two of the most prominent and respected legal institutions in the country. With the largest team of lawyers and the broadest geographic coverage in the market, we are uniquely positioned to deliver legal solutions that are innovative, multidisciplinary, and business-oriented.
Our approach is simple and effective: we provide solutions, not just opinions. We work closely with our clients to understand their businesses and deliver strategic advice tailored to their most complex challenges. We channel transformative foreign investment into Bolivia, advise on high-stakes disputes before local and international tribunals, and offer end-to-end legal services that bridge the gap between law and business.
With a team of 85 lawyers and over 180 professionals led by 14 partners, we operate across six offices in five cities nationwide. Our professionals include top-tier talent—most trained or specialized abroad—with a strong commitment to diversity, inclusion, and social responsibility.
At PPO Indacochea we redefine legal services to anticipate and exceed the demands of a fast-evolving business environment. We are proud to be consistently recognized by the most prestigious international legal directories, including Chambers and Partners, Legal 500, IFLR1000, Leaders League, Latin Lawyer, LACCA, and others, as Bolivia’s leading law firm. PPO Indacochea: Where law meets strategy, and local depth meets global vision.