Serbian Delegation Studies Uzbekistans Customs Reforms

Serbian Delegation Studies Uzbekistans Customs Reforms

A Serbian Customs delegation visited Uzbekistan to learn about its experiences in digitalization, human resources, and trade facilitation. The visit highlighted Uzbekistan's progress in these areas, supported by projects from the World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO). The Serbian delegation aimed to gain insights and best practices to inform their own customs reform efforts, focusing on leveraging technology and data to improve efficiency and streamline trade processes. The exchange fostered collaboration and knowledge sharing between the two customs administrations.

Colombia Boosts Customs Efficiency with Wcobacked DIAN Reform

Colombia Boosts Customs Efficiency with Wcobacked DIAN Reform

The WCO supported the Colombian National Tax and Customs Directorate (DIAN) in its strategic planning efforts. Workshops were conducted to enhance the strategic development capabilities of DIAN officials. Technical assistance was provided in areas such as risk management and post-clearance audit. The aim was to improve the efficiency and transparency of Colombian customs, promote economic growth, and build a modern customs system. This initiative strengthens DIAN's capacity to effectively manage trade and contribute to Colombia's economic development by streamlining customs procedures and ensuring compliance.

Moldova Strengthens Border Controls with New Customs Measures

Moldova Strengthens Border Controls with New Customs Measures

The World Customs Organization (WCO) conducted a risk management workshop for the Customs Service of Moldova. This initiative aimed to enhance their capabilities in combating fraud and improving risk analysis at airports. The workshop contributes to building a more secure border protection system for Moldova, strengthening its ability to identify and mitigate potential threats related to cross-border movements of goods and people. By focusing on risk management principles and best practices, the WCO supports Moldova in safeguarding its national security and facilitating legitimate trade.

G7 Urges Customs Reform to Enhance Global Trade

G7 Urges Customs Reform to Enhance Global Trade

The G7 Trade Ministers' joint statement highlights new trends in global trade, emphasizing the crucial role of customs in enhancing supply chain resilience, regulating e-commerce, and addressing climate change. The World Customs Organization (WCO) actively responds, committing to strengthen cooperation with emerging economies and enhance customs capacity building to address modern business challenges and promote efficient, responsible global trade. This includes focusing on streamlined procedures, data sharing, and technology adoption to improve border management and facilitate legitimate trade flows while combating illicit activities.

WCO Standards Accelerate Global Trade Digitalization

WCO Standards Accelerate Global Trade Digitalization

The Secretary General of the World Customs Organization (WCO) highlighted the crucial role of data and technology in driving the global digital transformation of trade at the ICC Future Trade Forum, introducing relevant WCO initiatives. He advocated for the adoption of the WCO Data Model to promote interoperability of trade standards and explored collaboration opportunities with Singapore Customs, the International Chamber of Commerce, and APEC. The aim is to enhance trade efficiency, security, and inclusivity through standardized data and technological advancements in customs procedures and international trade.

WCO Aims to Streamline Global Trade Processes

WCO Aims to Streamline Global Trade Processes

The World Customs Organization (WCO) actively participated in the 2023 World Economic Forum, emphasizing the importance of enhancing global trade efficiency through eliminating bureaucratic obstacles, embracing technological innovation, and strengthening international cooperation. WCO Secretary General Dr. Kunio Mikuriya met with various leaders to discuss the role of customs in promoting trade facilitation, aiming to reduce trade costs, promote cross-border investment, and ultimately benefit global consumers. The WCO advocates for streamlined customs procedures and collaborative efforts to foster a more efficient and inclusive global trading system.

African Customs Labs Adopt Asiapacific Methods to Boost Trade

African Customs Labs Adopt Asiapacific Methods to Boost Trade

African customs laboratory leaders visited the Asia-Pacific region to learn from best practices and enhance their capabilities. Through laboratory visits and experience sharing, the African representatives gained in-depth understanding of the operational models, technological applications, and management methods of regional customs laboratories in the Asia-Pacific. This activity promoted capacity building for African customs laboratories and laid the foundation for regional cooperation, contributing to African trade development and economic prosperity. The visit focused on practical knowledge transfer and establishing future collaborative efforts.

US Exits Paris Pact Strains Supply Chains

US Exits Paris Pact Strains Supply Chains

The US withdrawal from the Paris Agreement has sparked global concern, profoundly impacting freight, logistics, and supply chains. Major shippers had urged the US to remain in the agreement, but to no avail. The Trump administration indicated it would seek renegotiation or a new agreement, while France, Germany, and Italy emphasized the agreement's irreversibility. Global supply chains need to closely monitor the situation and continue to be proactive in sustainable development. The implications of this decision will be felt throughout international trade and environmental policy.

Alibabacom Introduces Semimanaged Model for Crossborder Sellers

Alibabacom Introduces Semimanaged Model for Crossborder Sellers

Alibaba.com has launched a "Semi-Managed" mode, aiming to lower the barriers to entry for cross-border e-commerce by providing sellers with dedicated marketing, logistics fulfillment, and return services. Unlike the fully managed model, in the semi-managed mode, merchants retain the right to set their own prices and can directly interact with buyers, making it more suitable for businesses with sourcing advantages. Whether this model will become a new trend in cross-border e-commerce remains to be seen and requires market validation.

HMM Enhances Supply Chain Resilience Via Digital Route Optimization

HMM Enhances Supply Chain Resilience Via Digital Route Optimization

This paper provides an in-depth analysis of Hyundai Merchant Marine (HMM)'s schedule system, route network, port services, and digital tools. It aims to help businesses efficiently query schedules, optimize route selection, and leverage HMM's digital tools to improve supply chain efficiency. The article analyzes HMM's operational strategies from a data-driven perspective, assisting companies in seizing opportunities amidst uncertainty, optimizing logistics costs, and enhancing supply chain resilience. By understanding HMM's offerings, businesses can make informed decisions to improve their overall logistics performance.