Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in hosting a Time Release Study (TRS) workshop to enhance trade facilitation. Through expert guidance, practical exercises, and action plan development, Gambia aims to establish a trade facilitation baseline, improve its business environment, and comply with the WTO Trade Facilitation Agreement. The TRS will precisely identify customs clearance bottlenecks, optimize processes, reduce costs, and enhance business competitiveness.

US Services Sector Expands Boosting Economic Growth

US Services Sector Expands Boosting Economic Growth

U.S. non-manufacturing activity hit a seven-year high, signaling new momentum for economic growth. The October NMI reached 60.1, marking 94 consecutive months of expansion and significantly exceeding the 12-month average. Sixteen industries reported growth, reflecting strong business confidence. However, labor shortages and geopolitical risks remain concerns. The government should optimize the business environment, strengthen talent development, and promote technological innovation to support the continued healthy development of the non-manufacturing sector.

Irish Solar Spanish Park Open Doors for Chinese Firms

Irish Solar Spanish Park Open Doors for Chinese Firms

Ireland's solar power capacity exceeds 1 GW, a northern Spain industrial park launches, Serbia optimizes its business environment, Colombia's Didi Mall expands, Saudi Arabia establishes an electric vehicle innovation center, and Vietnam's foreign trade scale grows. These developments highlight emerging opportunities in the global market, making it an opportune time for Chinese companies to expand overseas. The new energy sector, coupled with strategic investments and favorable business climates, presents significant potential for growth and expansion.

Danny Wan Leads Port of Oakland Amid Challenges Opportunities

Danny Wan Leads Port of Oakland Amid Challenges Opportunities

Danny Wan, the new Executive Director of the Port of Oakland, outlined the port's strategic plans in an interview, focusing on supply chain infrastructure development, addressing trade challenges, expanding import and export business, and resolving stadium site selection. He emphasized the importance of collaborating with business partners, improving operational efficiency, ensuring the port's industrial status, and achieving sustainable development. Wan aims to lead the Port of Oakland to greater development in the new environment.

02/11/2026 Logistics
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New Freight Model Boosts Chinahong Kong Logistics Efficiency

New Freight Model Boosts Chinahong Kong Logistics Efficiency

For the first time, the mainland and Hong Kong have achieved the 'one document, two declarations' for road consignments, significantly enhancing customs clearance efficiency. Companies only need to input consignment information once to complete declarations in both regions, which notably reduces customs costs and optimizes the business environment.

08/04/2025 Logistics
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Uzbekistan Boosts Customs Audits with International Support

Uzbekistan Boosts Customs Audits with International Support

Uzbekistan Customs is actively building a post-clearance audit system within the World Customs Organization framework, drawing on international experience to enhance regulatory efficiency and improve the business environment. Through virtual study exchanges with German Customs, they are learning advanced methods and technologies. With recommendations from WCO experts, Uzbekistan Customs has made significant strides in building its post-clearance audit capabilities, injecting new momentum into trade facilitation in Central Asia. This progress contributes to a more efficient and transparent trade environment in the region.

Nicaragua Launches AEO Program to Streamline Trade

Nicaragua Launches AEO Program to Streamline Trade

Nicaragua has launched an AEO pilot program, supported by the WCO, aimed at enhancing customs capacity, streamlining clearance procedures, reducing business operating costs, and boosting international trade competitiveness. The program includes AEO certification and Time Release Studies, designed to create an efficient and convenient customs environment and promote Nicaragua's economic development. This initiative is expected to significantly improve the ease of doing business and attract foreign investment by fostering a more predictable and reliable trade ecosystem.

Ceos Adapt to Tariff Shifts Amid Trade Policy Changes

Ceos Adapt to Tariff Shifts Amid Trade Policy Changes

Facing persistent and volatile tariff policies, 18 business executives shared their coping strategies, including absorbing costs internally, cautiously passing costs on, reshaping supply chains, and diversifying markets. Companies are actively adjusting their strategies to strive for stable development amidst uncertainty. These adjustments aim to mitigate the impact of fluctuating tariffs and ensure business continuity in a dynamic global trade environment. The focus is on building resilience and adaptability to navigate the challenges posed by evolving trade regulations.