Bolivia Expands Trade Efficiency with SECOWCO AEO Program

Bolivia Expands Trade Efficiency with SECOWCO AEO Program

The World Customs Organization, under the SECO-WCO framework, conducted a follow-up assessment of Bolivia's AEO program, aiming to optimize its effectiveness and sustainability. By revising the AEO program, communication strategy, and capacity-building training, the number of Bolivian AEO companies doubled, strengthening the program. Future recommendations include strengthening government-private sector cooperation, continuous capacity building, and regular performance evaluations to enhance trade security and facilitation. The assessment highlights the importance of ongoing efforts to ensure the AEO program's long-term success and contribution to Bolivia's trade environment.

01/05/2026 Customs Knowledge
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Bolivia Customs Boosts Trade Efficiency with WCO Study

Bolivia Customs Boosts Trade Efficiency with WCO Study

The World Customs Organization (WCO) successfully conducted an online Time Release Study (TRS) workshop for Bolivian Customs, aiming to enhance trade facilitation in Bolivia. By reviewing processes, optimizing questionnaires, and preparing pilot projects, Bolivian Customs is ready for TRS implementation. The goal is to reduce goods release times, lower costs for businesses, improve the investment climate, and enhance national competitiveness. The TRS will help identify bottlenecks and inefficiencies in the customs clearance process, leading to targeted reforms and improvements.

01/05/2026 Customs Knowledge
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Bolivia Optimizes Trade with SECOWCO Goods Release Study

Bolivia Optimizes Trade with SECOWCO Goods Release Study

The SECO-WCO Global Trade Facilitation Programme (GTFP) supported Bolivia in conducting a Time Release Study (TRS) to improve trade efficiency and comply with the WTO Trade Facilitation Agreement. Through expert guidance, questionnaire optimization, and pilot testing, the GTFP helped Bolivia identify bottlenecks in goods release and optimize operational procedures. This support contributes to trade facilitation and economic development by streamlining processes and improving efficiency within Bolivia's trade system. The TRS provides valuable insights for further improvements.

01/05/2026 Customs Knowledge
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Peru Bolivia Enhance Customs Ties to Streamline Trade

Peru Bolivia Enhance Customs Ties to Streamline Trade

Customs cooperation between Peru and Bolivia focuses on exchanging experiences in risk management and customs laboratories. The collaboration aims to enhance trade facilitation and promote regional economic development. This includes sharing best practices and exploring collaborative strategies to improve efficiency and security in cross-border trade. The initiative seeks to streamline customs procedures, reduce trade barriers, and foster a more competitive and integrated regional market. Ultimately, this cooperation contributes to economic growth and strengthens ties between the two nations.

01/05/2026 Customs Knowledge
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Bolivia Adopts Uruguays Customs Risk Strategies to Boost Trade

Bolivia Adopts Uruguays Customs Risk Strategies to Boost Trade

Bolivian Customs is leveraging the risk management experience of Uruguayan Customs to improve clearance efficiency and reduce trade risks. This initiative is part of a WCO project aimed at fostering international cooperation and economic development. By adopting best practices in risk management, Bolivian Customs aims to streamline processes, enhance security, and facilitate legitimate trade flows. This collaboration highlights the importance of knowledge sharing and capacity building in strengthening customs administrations and promoting global trade.

12/30/2025 Customs Knowledge
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Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivian Customs, with WCO support, is upgrading its AEO program. This includes optimizing standards, expanding the program's scope, strengthening risk management and service provision, and promoting mutual recognition arrangements. The aim is to enhance trade facilitation, foster economic growth for businesses, and improve overall customs efficiency. The upgraded AEO program is expected to contribute significantly to Bolivia's trade competitiveness and its integration into the global trading system. The focus is on creating a more secure and predictable trade environment for authorized economic operators.

01/05/2026 Customs Knowledge
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Guide to Bolivias SWIFTBIC Codes for International Transfers

Guide to Bolivias SWIFTBIC Codes for International Transfers

This article provides a guide to finding SWIFT/BIC codes for banks in Bolivia, assisting users in quickly and accurately locating the necessary codes for secure and efficient international money transfers. It covers search methods, frequently asked questions, and safety tips, helping users avoid transfer delays or financial losses. The guide aims to streamline the process of international remittances to Bolivia by providing a comprehensive resource for identifying the correct SWIFT/BIC codes.

09/03/2025 International Settlement
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Bolivias Jorge Wilstermann Airport Emerges As Key Cargo Hub

Bolivias Jorge Wilstermann Airport Emerges As Key Cargo Hub

Jorge Wilstermann International Airport in Cochabamba is a crucial joint civil-military airport in Bolivia. Its strategic location and well-equipped facilities make it a key aviation hub, handling significant passenger and cargo traffic. The airport's operation plays a vital role in boosting the economic development of Cochabamba and Bolivia as a whole. It serves as a major gateway for both domestic and international travel and trade, contributing significantly to the region's connectivity and economic growth.

09/26/2025 Airport Codes
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