WCO Enhances Postclearance Audits in Uzbekistan

WCO Enhances Postclearance Audits in Uzbekistan

Under the WCO's global trade facilitation project, the World Customs Organization (WCO) provided Post Clearance Audit (PCA) technical assistance to the State Customs Committee (SCC) of Uzbekistan. Through remote guidance, simulations, and process optimization recommendations, the assistance aimed to enhance Uzbekistan's PCA capabilities, strengthen trade compliance management, and promote economic development. This support deepened Uzbekistan's understanding of the PCA process, identified areas for improvement, and laid the groundwork for developing customs procedures. The project is expected to significantly improve trade efficiency and security.

Colombia Boosts Customs Efficiency With WCO Trade Program

Colombia Boosts Customs Efficiency With WCO Trade Program

The World Customs Organization (WCO) and the Colombian Tax and Customs Administration (DIAN) are strengthening cooperation through the Global Trade Facilitation Programme (GTFP). This initiative aims to enhance Colombian Customs' capabilities in areas such as risk management and post-clearance audit. Funded by the Swiss State Secretariat for Economic Affairs (SECO), the project provides capacity building support to help Colombian Customs achieve its strategic objectives. Ultimately, it contributes to trade facilitation and economic development in Colombia by improving customs efficiency and effectiveness.

Armenia Boosts Customs Oversight with WCO Assistance

Armenia Boosts Customs Oversight with WCO Assistance

The WCO assessed Armenia's customs risk management and post-clearance audit (PCA) systems to enhance trade facilitation and compliance with the WTO Trade Facilitation Agreement (TFA). The assessment aimed to identify areas for improvement and provide recommendations for strengthening these critical functions. Armenia expressed its gratitude for the WCO's support and looks forward to continued collaboration in further developing its customs practices and procedures. The focus is on aligning with international standards and best practices to promote efficient and secure trade flows.

Brazil Clamps Down on Shell Firms Hits Ecommerce Trade

Brazil Clamps Down on Shell Firms Hits Ecommerce Trade

The Brazilian e-commerce market is facing a tax crackdown, leading to the suspension of numerous shell company accounts and posing a risk of cargo detention for Mercado Libre sellers. This analysis examines key dimensions of the tax audit, provides urgent response recommendations, and emphasizes the core elements of long-term compliant operations. The aim is to help sellers navigate the compliance path and find a way out of the current predicament, ensuring continued business operations within the legal framework.

Walmart Merchants Encounter Compliance Activation Delays

Walmart Merchants Encounter Compliance Activation Delays

Several merchants have reported unreasonable aspects of Walmart's compliance audit process, leading to difficulties in opening stores. The stringent standards and lack of communication from the compliance department severely impact the merchant experience. Experts recommend that Walmart optimize its processes, strengthen communication, and protect merchant rights to promote the healthy development of the platform. The current system is perceived as overly demanding and opaque, hindering new businesses from joining the Walmart marketplace and potentially impacting the diversity of available products.

Mexico Shares Customs Expertise with Colombias Tax Agency

Mexico Shares Customs Expertise with Colombias Tax Agency

The Mexican Tax Administration Service (SAT) and the Colombian Tax and Customs Administration (DIAN) shared experiences in risk management and post-clearance audit through a virtual study mission. Mexican experts detailed their practices in risk assessment, cargo monitoring, and customs procedure automation. This provided valuable insights for Colombia's customs modernization efforts, helping them build a more intelligent clearance system. The cooperation highlighted the importance of international collaboration in enhancing customs efficiency and security, ultimately contributing to smoother trade flows between the two nations.

Lesotho Boosts Trade with Enhanced Customs Audits

Lesotho Boosts Trade with Enhanced Customs Audits

A high-level virtual workshop on Post-Clearance Audit was successfully conducted for the Lesotho Revenue Authority under the joint framework of HMRC, WCO, and UNCTAD. The workshop aimed to support developing countries in effectively implementing the WTO Trade Facilitation Agreement. It enhanced the professional skills of Lesotho Revenue Authority officials and fostered cooperation between customs and businesses, contributing to Lesotho's economic development. The training focused on modern PCA techniques and risk management strategies to optimize revenue collection and improve trade compliance.

Sierra Leone Boosts Customs Audits with WCO Assistance

Sierra Leone Boosts Customs Audits with WCO Assistance

The World Customs Organization (WCO) supported Sierra Leone in enhancing its Post Clearance Audit (PCA) capabilities through a workshop, technical assistance, and an action plan. This aims to effectively implement the World Trade Organization (WTO)'s Trade Facilitation Agreement (TFA). The initiative focuses on strengthening the Sierra Leone National Revenue Authority (NRA)'s customs risk management, improving control effectiveness, and promoting trade facilitation. Ultimately, this contributes to the country's sustainable economic development by optimizing revenue collection and streamlining trade processes.

Tonga Customs Adopts Wcobacked Digital Clearance System

Tonga Customs Adopts Wcobacked Digital Clearance System

The World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in Tonga to help Tonga Customs optimize processes and improve trade facilitation. Through a comprehensive internal and external assessment, the WCO expert team provided strong support for Tonga Customs' modernization efforts, envisioning a future of smart customs clearance. The mission aimed to identify areas for improvement in PCA implementation and contribute to enhanced efficiency and effectiveness of customs operations in Tonga, ultimately boosting trade and economic growth.

Amazon Sellers Weigh FBA Vs FBM for Profit Maximization

Amazon Sellers Weigh FBA Vs FBM for Profit Maximization

This article provides an in-depth analysis of the differences between Amazon FBA (Fulfillment by Amazon) and FBM (Fulfillment by Merchant) logistics models. It offers a detailed comparison covering definitions, processes, inventory management, logistics, sales ranking, cost structure, customer service, and international orders. The aim is to help sellers choose the most suitable fulfillment method based on their specific circumstances and maximize their profits. By understanding the nuances of each model, sellers can make informed decisions to optimize their e-commerce operations and achieve greater success on the Amazon platform.