Latin American Brokers Praise WCO Trade Reforms

Latin American Brokers Praise WCO Trade Reforms

At the Latin American Association of Customs Brokers Congress, the WCO was lauded for its efforts in advancing customs modernization and fostering cooperation. The WCO's Economic Competitiveness Package aims to streamline customs procedures, strengthen international collaboration, promote technology adoption, and deepen public-private partnerships to enhance global trade efficiency. Latin America is actively implementing modernization measures like e-declaration. Customs brokers need to improve their professionalization, digitalization, and cooperation to jointly promote global trade.

Swiss Customs Funds WCO Talent Program to Strengthen Global Trade

Swiss Customs Funds WCO Talent Program to Strengthen Global Trade

Swiss Customs is committed to long-term support for the WCO Francophone Africa Scholarship Programme, annually funding participants to enhance their management skills and master WCO standards. This program cultivates customs management talents with an international perspective through training and study visits, contributing to the sustainable development of global trade. Many current Directors General of Customs have benefited from this program. Switzerland's support reflects the customs family's shared commitment to the organization's development.

WCO Enhances Georgias Tax Valuation for Modern Administration

WCO Enhances Georgias Tax Valuation for Modern Administration

The World Customs Organization (WCO) conducted a valuation workshop for the Georgian Revenue Service (GRS) to enhance the expertise of customs officials in areas such as royalties, risk analysis, advance rulings, and transfer pricing. By focusing on challenges and sharing the 'WCO Guide to Customs Valuation and Transfer Pricing,' the workshop strengthened cooperation between customs and tax authorities. This initiative supports the modernization of tax administration in Georgia and helps maintain international trade order.

Texas Floods Disrupt Global Dry Bulk Supply Chain

Texas Floods Disrupt Global Dry Bulk Supply Chain

Severe flooding in Texas has affected bulk cargo ports, leading to delays in cargo transport, potential queues of vessels, and rising freight costs, posing challenges to the global supply chain. The export and import of bulk goods at key ports have been impacted, and future market fluctuations require attention.

08/05/2025 Logistics
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Airline Baggage Fees Hidden Costs or Fair Pricing

Airline Baggage Fees Hidden Costs or Fair Pricing

Airline baggage fees may be lower than the actual value of the space they occupy, especially on international flights. This analysis explores the opportunity cost associated with baggage, the utilization rate of cargo holds, and the impact of baggage fees on passenger experience. It considers how airlines can optimize revenue by balancing baggage charges with cargo potential, while also maintaining passenger satisfaction. Understanding these factors is crucial for airlines seeking to maximize profitability and improve overall operational efficiency in the context of baggage handling and cargo management.

Philippines Customs Adopts WCO Data Training to Boost Risk Management

Philippines Customs Adopts WCO Data Training to Boost Risk Management

The World Customs Organization (WCO) held a data analysis and risk management workshop for the Philippine Customs, aiming to enhance its risk identification and control capabilities and promote intelligent supervision transformation. The workshop focused on database management and data analysis, emphasizing intelligence-driven risk management techniques, and shared the experience of the Netherlands Customs. The Philippine Customs will explore data analysis tools, strengthen data governance, promote data sharing and cooperation, and build a safer and more efficient trade environment.

WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

WCO Introduces AI Course for Xray Analysis to Boost Trade Security

WCO Introduces AI Course for Xray Analysis to Boost Trade Security

The World Customs Organization (WCO) has launched a new online course, "Image Data Analysis," aimed at enhancing customs officers' ability to analyze X-ray images using AI technology. The course covers image processing, convolutional neural networks, and other relevant topics. Through practical exercises, participants will learn how to build AI models, contributing to a more efficient and secure customs environment. This program empowers customs officials with the skills to leverage AI for improved detection and risk management.

WCO Shifts Focus to Capacity Building Amid Economic Strains

WCO Shifts Focus to Capacity Building Amid Economic Strains

A high-level working group meeting of the World Customs Organization (WCO) explored customs capacity building in the context of the global economic situation. The meeting reviewed project progress and planned the functions of the new committee, aiming to contribute to the development of customs worldwide. Discussions focused on enhancing efficiency and effectiveness of customs administrations to facilitate trade and ensure security, aligning with the WCO's commitment to supporting its members in adapting to evolving global challenges.