Lesotho Boosts Customs Valuation Via WCO Training Program

Lesotho Boosts Customs Valuation Via WCO Training Program

The WCO conducted customs valuation training in Lesotho to enhance the country's capacity, promote trade facilitation, and support the implementation of WTO agreements, ultimately improving the trade environment. This initiative aimed to strengthen Lesotho's ability to accurately assess the value of imported goods, leading to increased revenue collection and reduced trade barriers. By building local expertise in customs valuation, the WCO's training contributes to a more transparent and efficient trading system, fostering economic growth and regional integration.

WCO Aids Burkina Faso in Trade Process Modernization

WCO Aids Burkina Faso in Trade Process Modernization

The World Customs Organization (WCO) is assisting Burkina Faso in launching a Time Release Study (TRS) to identify bottlenecks in customs procedures and improve trade facilitation. This article provides an in-depth analysis of the significance, implementation steps, challenges, and solutions of the TRS, and envisions its intelligent future, offering a valuable reference for other developing countries. The study aims to streamline processes, reduce delays, and ultimately enhance the efficiency of cross-border trade in Burkina Faso.

Norway Customs Adopts Digital Tools to Streamline Global Trade

Norway Customs Adopts Digital Tools to Streamline Global Trade

Norway's National Customs Day focused on the "Future of Customs," exploring opportunities and challenges presented by emerging technologies like digitalization, 3D printing, and e-commerce. Participants emphasized the need for customs to embrace change, strengthen international cooperation, and enhance intelligent capabilities to address the new global trade landscape. The discussions highlighted the importance of ensuring trade security and facilitation in this evolving environment. Adapting to these technological advancements is crucial for efficient and secure global trade operations.

Colombia Customs Boosts Risk Management with WCO Aid

Colombia Customs Boosts Risk Management with WCO Aid

The WCO held a workshop in Colombia to help DIAN improve its risk management capabilities. Experts provided instruction, and DIAN actively participated. The GTFP will continue to support DIAN's technological transformation over the next three years, promoting trade facilitation. The workshop aimed to strengthen DIAN's ability to identify and mitigate potential risks in cross-border trade, enhancing security and efficiency. Through enhanced risk management practices and customs cooperation, DIAN can contribute to a more secure and facilitated trade environment.

Botswana Boosts Customs Audits with WCO Assistance

Botswana Boosts Customs Audits with WCO Assistance

The World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) workshop for the Botswana Unified Revenue Service (BURS) to enhance its revenue administration capabilities. This activity, part of the Swedish government-funded Sida-WCO TFCM Programme, covered topics like risk management and customs valuation. The workshop aims to assist Botswana in increasing tax revenue, combating smuggling, and promoting trade facilitation and sustainable development. It focuses on strengthening BURS's ability to effectively conduct PCA and improve overall customs control.

Blockchain Platform CADENA Boosts Latin America Trade Efficiency

Blockchain Platform CADENA Boosts Latin America Trade Efficiency

The CADENA project leverages blockchain technology to build a cross-border trade data exchange platform in Latin America, connecting 8 countries and covering 14 mutual recognition agreements. Project experience highlights key success factors: co-creation design, proof of concept, selecting appropriate blockchain infrastructure, embracing open source, standardization, and iterative testing. This project offers valuable lessons for global blockchain-enabled trade facilitation initiatives, demonstrating the potential of distributed ledger technology to streamline processes and enhance transparency in international trade.

WTO Revisions Speed Up Global Trade Processes

WTO Revisions Speed Up Global Trade Processes

The 30th Session of the RKC Management Committee successfully convened, focusing on revisions to specific annexes concerning goods processing, postal transport, and crucial areas like Rules of Origin. A decision was made to extend the review period until December 2023. This extension aims to further refine the rules, enhance global trade facilitation, and provide clearer guidance for businesses, ultimately promoting cross-border trade development. The discussions centered on streamlining processes and ensuring clarity in international trade regulations.

Barbados Customs Modernizes with WCO Support to Boost Trade

Barbados Customs Modernizes with WCO Support to Boost Trade

With the support of the World Customs Organization, the Barbados Customs and Excise Department launched an organizational restructuring project aimed at improving operational efficiency, revenue collection, and trade facilitation. By implementing a competency-based HRM system, the department aims to foster a sense of belonging and pride among employees and develop career paths for the next generation. The Minister of Finance pledged to provide the necessary support to extend this approach across all departments within the Ministry of Finance.

West Africa Customs Names Sangho Director to Lead Modernization

West Africa Customs Names Sangho Director to Lead Modernization

Abdel Kader SANGHO has been appointed as the new Director for the West and Central Africa Customs region. This appointment aims to strengthen regional customs modernization, enhance risk management capabilities, and promote regional trade facilitation. The goal is to deepen international cooperation to address global trade challenges and foster regional economic prosperity and sustainable development. The meeting also confirmed the Regional Finance and Audit Committee, launched the annual budget, and announced the theme for International Customs Day 2021.

Maldives Enhances Trade with World Customs Organization Backing

Maldives Enhances Trade with World Customs Organization Backing

The World Customs Organization (WCO) continues to support Maldives in implementing the Trade Facilitation Agreement (TFA). A recent workshop in Malé brought together representatives to raise awareness of the TFA's importance and conduct site visits to customs and port operations. The WCO introduced relevant tools and online learning opportunities, pledging continued support to help Maldives improve trade efficiency. The focus was on practical implementation and capacity building to streamline processes and enhance the country's trade competitiveness.