WCO Advances Trade Pact to Boost Global Commerce

WCO Advances Trade Pact to Boost Global Commerce

The World Customs Organization (WCO) actively promotes the implementation of the Trade Facilitation Agreement (TFA) by establishing working groups, providing technical assistance, and developing guidance tools. These efforts help members improve customs management and facilitate global trade. Secretary General Kunio Mikuriya emphasized that the WCO will continue to support the TFA implementation, jointly moving towards a more efficient and transparent trade future. The WCO's commitment aims to streamline processes and reduce trade barriers for its members.

01/07/2026 Customs Knowledge
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Wildberries Lowers Fees to Expand Social Commerce Reach

Wildberries Lowers Fees to Expand Social Commerce Reach

Russian e-commerce giant Wildberries is reducing commissions for some sellers on its Wibes platform, with a maximum decrease of 1%, to accelerate its social commerce strategy. Wibes, which supports short-video marketing and is deeply integrated with the main Wildberries site, boasts over 170,000 daily active users. This move aims to lower seller costs, encourage content creation, and boost platform engagement. By incentivizing participation and reducing financial burdens, Wildberries hopes to foster a more vibrant and interactive shopping experience on Wibes.

01/26/2026 Logistics Industry Insights
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Zhengzhou-europe Freight Train: A New Corridor Connecting Central Asia and Europe

Zhengzhou-europe Freight Train: A New Corridor Connecting Central Asia and Europe

The Zhengou freight train expands into the markets of Central Asia, Turkey, and Luxembourg through new routes, connecting SCO member countries and enhancing international trade. By leveraging Internet + logistics and collaborating with railways in various countries, it promotes cross-border e-commerce, ensures efficient bilateral cargo transportation, and facilitates close integration between Henan and international markets, strengthening regional economic cooperation and building a new trade model.

07/21/2025 Logistics
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Shopify Closes Exchange Marketplace Leaving Sellers Seeking Alternatives

Shopify Closes Exchange Marketplace Leaving Sellers Seeking Alternatives

Shopify Exchange Marketplace closed on November 1st, requiring sellers to find alternative solutions. This reflects Shopify's strategic shift, focusing more on its core business. Independent website sellers now face the challenge of exploring new channels for store transactions and adapting to a new phase in the e-commerce transaction market. The closure necessitates finding different platforms or methods for buying and selling Shopify-based businesses.

01/04/2026 Logistics Industry Insights
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Amazon Launches Inspire a Social Shopping Feature

Amazon Launches Inspire a Social Shopping Feature

Amazon launched "Inspire," a TikTok-like shopping feature, offering personalized product recommendations. This allows brands to create content marketing opportunities, potentially ushering in a new era for e-commerce. Inspire presents a visually-driven shopping experience, aiming to enhance product discovery and engagement. It leverages user data and algorithms to tailor the product feed, similar to the popular short-video platform. This move signifies Amazon's increasing focus on social commerce and content-driven retail.

01/04/2026 Logistics Industry Insights
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Guide to Secure ASB Bank Transfers Via SWIFT in NZ

Guide to Secure ASB Bank Transfers Via SWIFT in NZ

This article provides a detailed overview of the SWIFT/BIC code for ASB Bank in New Zealand (ASBBNZ2AFXD), which is crucial for ensuring the safety and efficiency of international remittances. It also explains the structure of the code and its significance in the remittance process, helping readers grasp the essential knowledge of international money transfers.

08/13/2025 International Settlement
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Global Bank Transfers Safety and Efficiency Tips

Global Bank Transfers Safety and Efficiency Tips

This article discusses the SWIFT/BIC code of the Bank of New Zealand and the key factors for international remittance. It emphasizes the importance of correctly filling out the code and account information, while also advising customers to be aware of fees and exchange rates to ensure the safe and smooth transfer of funds.

08/15/2025 International Settlement
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5 NZD to GBP Current Exchange Rate Explained

5 NZD to GBP Current Exchange Rate Explained

This article explores the exchange rate relationship between 5 New Zealand Dollars (NZD) and British Pounds (GBP). The current exchange rate is approximately 1 NZD to 0.4428 GBP, meaning 5 NZD can be converted to about 2.21 GBP. It highlights the importance of exchange rates in currency transactions and the impact of their fluctuations.

08/08/2025 Exchange Rate Query
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