Ghana Establishes Customs Committee to Enhance Trade

Ghana Establishes Customs Committee to Enhance Trade

The Ghana Revenue Authority successfully launched a Joint Consultative Committee at Tema Port, aiming to optimize the trade environment and promote economic development through multi-stakeholder participation and collaborative governance. This initiative draws on international experience and implements the Trade Facilitation Agreement, strengthening capacity building. It offers valuable lessons for other countries and marks a significant step forward for Ghana in its trade facilitation journey. The committee is expected to streamline customs procedures and reduce trade barriers, ultimately boosting Ghana's economic competitiveness.

01/26/2026 Customs Knowledge
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Niger Customs Modernizes Trade with WCO Support

Niger Customs Modernizes Trade with WCO Support

The World Customs Organization (WCO) is assisting Niger Customs in enhancing its goods classification capabilities to meet international standards and facilitate trade. Through diagnostic assessments, recommended measures, and action plans, the initiative aims to improve Niger's trade environment, increase customs clearance efficiency, and reduce trade costs, ultimately creating new opportunities for economic development. This support focuses on aligning Niger's practices with global norms to promote smoother and more predictable trade flows.

01/26/2026 Customs Knowledge
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Colombia Adopts WCO Program to Modernize Customs

Colombia Adopts WCO Program to Modernize Customs

The World Customs Organization (WCO) and the Colombian Customs (DIAN) launched the Global Trade Facilitation Programme (GTFP). This initiative aims to enhance Colombian Customs' capabilities in areas like risk management and post-clearance audit through capacity building support. The program seeks to simplify customs procedures, improve clearance efficiency, and reduce trade costs. Ultimately, the GTFP intends to promote Colombia's economic growth and sustainable development, injecting strong momentum into the country's trade development.

02/03/2026 Customs Knowledge
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Zimbabwe Enhances Trade with Wtobacked Reform Plan

Zimbabwe Enhances Trade with Wtobacked Reform Plan

The World Customs Organization (WCO) is collaborating with the Zimbabwe Revenue Authority on a two-year program to assist Zimbabwe in effectively implementing the World Trade Organization (WTO) Trade Facilitation Agreement. The program covers key areas such as risk management, information release, post-clearance audit, and freedom of transit. It also supports the work of the National Trade Facilitation Committee (NTFC) to promote trade development in Zimbabwe.

02/03/2026 Customs Knowledge
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Major Shipping Firms Form Advisory Council to Address Capacity Shortages

Major Shipping Firms Form Advisory Council to Address Capacity Shortages

Facing shipper dissatisfaction and regulatory pressure, WTSA announced plans to potentially establish a shipper advisory board to address capacity shortages and service contract issues, while actively cooperating with the FMC's investigation. Simultaneously, U.S. House representatives are pushing to revoke shipping companies' antitrust immunity, aiming to maintain fair competition and protect shipper rights. The future direction of the shipping industry remains uncertain, requiring collaborative efforts from all stakeholders. This includes addressing concerns about limited capacity and ensuring fair practices within the context of antitrust regulations.

02/04/2026 Logistics Industry Insights
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WTO Talks Seek Faster Trade Deals to Boost Global Business

WTO Talks Seek Faster Trade Deals to Boost Global Business

This meeting aimed to assess the latest progress in multilateral trade negotiations and integrate achieved results into the negotiating text to accelerate the process. International organizations were invited to enhance the professionalism and authority of the negotiations, and the next steps were clarified. Businesses should continue to monitor the negotiation progress, actively participate in industry associations, adjust their development strategies, seize opportunities, and win the future. This requires proactive engagement and adaptation to the evolving global trade landscape.

02/05/2026 Customs Knowledge
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South Africas Inflation Hits 13year Peak Straining Households

South Africas Inflation Hits 13year Peak Straining Households

South Africa's inflation rate has hit a 13-year high, prompting the central bank to warn of a potential loss of control. Soaring food prices are exacerbating the cost of living crisis, forcing low-income households to cut back on food spending. The South African government needs to take decisive action to curb inflation, protect livelihoods, and maintain economic stability. Urgent measures are required to address the rising cost of essential goods and provide relief to vulnerable populations.

01/27/2026 Exchange Rate Query
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PSA Hainan Port Boost Maritime Supply Chain Efficiency

PSA Hainan Port Boost Maritime Supply Chain Efficiency

The Singapore Port Authority has signed a memorandum of understanding with Hainan Port International to enhance connectivity between Singapore and Yangpu Port. This initiative aims to improve logistics efficiency between South China and Southeast Asia, thereby promoting regional economic growth.

08/07/2025 Logistics
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Swiss Worldcargo Joins Transatlantic Air Cargo Alliance

Swiss Worldcargo Joins Transatlantic Air Cargo Alliance

Swiss International Freight is set to officially join the transatlantic transport alliance of United Cargo and Lufthansa Cargo in 2025, aiming to enhance customer transport flexibility and choice through a dense route network. This collaboration will optimize shipping resources, resulting in more efficient and reliable cargo transportation services.

07/18/2025 Logistics
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