Digitalization of Administration of Foreign Economic Transactions of Industrial Enterprises

Authors

Tatiana V. Shutova^{1, *,} shutova_tv@mail.ru^, , Aleksey A. Kostin^2, , Dmitriy A. Kozlov^3,

¹LEONOV Moscow Region University of Technology, Korolev, Russia

²Financial University under the Government of the Russian Federation, Moscow, Russia

³Yaroslav-the-Wise Novgorod State University, Veliky Novgorod, Russia

DOI

10.2991/aebmr.k.220208.062How to use a DOI?

Keywords

digitalization; digital customs; artificial intelligence; neo-industrialization; foreign economic transactions

Abstract

Expanding industrial production capabilities means gaining a competitive advantage not only for large corporations and small and medium-sized businesses, but also for leading economies to maintain, and in some cases improve their position in international trade. Undoubtedly, the Industrial Internet of Things is aimed primarily at developing the tertiary sector of the economy, but this development will take place in parallel with the transformation of manufacturing operations into open digital ecosystems that integrate various market players. The process of digitalization and the introduction of artificial intelligence into economic activity also have enormous potential for the administration of foreign economic transactions of industrial enterprises by customs authorities. Customs administration of foreign economic transactions of industrial enterprises should not be an exception in the process of universal digitalization and application of artificial intelligence. Customs administration tools need to be built on modern technology, given that they are of critical interest to the government in relation to foreign trade sustainability and national security. The large volumes of complex information submitted during customs procedures require the latest technologies, based on digitalization and the application of artificial intelligence, to be able to read texts at high speed, recognize relevant terms and images, exchange information between executive authorities as well as customs administrations, interpret the context and draw conclusions from it. These measures will assist customs in implementing strategic goals and objectives, i.e. finding a smarter way to ensure border security, protect society, ensure timely and full payment of customs duties and promote the economic competitiveness of industrial enterprises.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Tatiana V. Shutova
AU  - Aleksey A. Kostin
AU  - Dmitriy A. Kozlov
PY  - 2022
DA  - 2022/02/25
TI  - Digitalization of Administration of Foreign Economic Transactions of Industrial Enterprises
BT  - Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021)
PB  - Atlantis Press
SP  - 436
EP  - 441
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220208.062
DO  - 10.2991/aebmr.k.220208.062
ID  - Shutova2022
ER  -