Revised Kyoto Convention Enhances Global Trade Competitiveness

Revised Kyoto Convention Enhances Global Trade Competitiveness

The Kyoto Declaration highlights the central role of the Revised Kyoto Convention (RKC) and the Economic Competitiveness Package (ECP) in global trade facilitation. The WCO is committed to enhancing global trade efficiency and competitiveness by simplifying customs procedures, strengthening international cooperation, and providing technical assistance. This aims to create a more convenient and secure trading environment for businesses. The WCO's efforts contribute significantly to streamlining international trade flows and fostering economic growth worldwide.

Global Customs Body Boosts Crackdown on Counterfeit Goods

Global Customs Body Boosts Crackdown on Counterfeit Goods

The World Customs Organization (WCO) signed Memorandums of Understanding with several industry associations at the 7th Global Congress on Combating Counterfeiting and Piracy. The aim is to combat counterfeit goods more effectively and protect consumer rights and brand reputation by strengthening information sharing, promoting the Public Members Interface (IPM), and providing training for customs officers. This international cooperation seeks to disrupt the flow of fake products across borders and ensure legitimate trade practices are upheld.

Uzbekistan Boosts Customs Audits with Maldives Partnership

Uzbekistan Boosts Customs Audits with Maldives Partnership

Uzbekistan and Maldives collaborated to enhance post-clearance customs audit capabilities through a virtual workshop under the World Customs Organization framework. This initiative focused on capacity building and fostering customs cooperation between the two nations. The workshop aimed to improve audit processes and efficiency, contributing to better revenue collection and trade facilitation. This collaboration exemplifies the WCO's commitment to supporting its member countries in strengthening their customs administrations and promoting effective customs practices.

Kazakhstan Customs Adopts Postclearance Audit Strategy

Kazakhstan Customs Adopts Postclearance Audit Strategy

The World Customs Organization (WCO) held an online Post-Clearance Audit (PCA) workshop for Kazakhstan, aiming to enhance the country's customs control and promote trade compliance. The workshop emphasized the importance of risk management, information sharing, and cooperation, assisting Kazakhstan Customs in building a more efficient and intelligent control system. This contributes to trade facilitation and security by strengthening Kazakhstan's ability to effectively manage post-clearance activities and ensure compliance with customs regulations.

Uzbekistan Joins SECOWCO Program to Enhance Trade Efficiency

Uzbekistan Joins SECOWCO Program to Enhance Trade Efficiency

Uzbekistan joined the SECO-WCO Global Trade Facilitation Programme to enhance customs efficiency and optimize the business environment. The project supports capacity building and organizational development, strengthens post-clearance audits, and conducts release time studies, promoting economic growth and regional connectivity. This initiative aligns with global trade facilitation trends and is expected to modernize Uzbekistan's customs, optimize regulations, and improve services. It aims to contribute significantly to the country's economic development and regional cooperation.

Serbia Boosts Customs Strategy with WCO Assistance

Serbia Boosts Customs Strategy with WCO Assistance

With the support of the World Customs Organization, Serbian Customs has enhanced its overall strategic management capabilities through strategic planning and the development of a performance indicator system. By fostering international cooperation, optimizing processes, and shifting mindsets, Serbian Customs is progressing towards greater efficiency, transparency, and accountability. This transformation contributes to the country's economic development and the global trade order, aligning with international best practices and promoting a more streamlined and effective customs administration.

WCO Boosts Supply Chain Resilience in Americas Caribbean

WCO Boosts Supply Chain Resilience in Americas Caribbean

The World Customs Organization (WCO) Americas and Caribbean region celebrated International Customs Day, emphasizing the theme of "Recovery, Renewal, Resilience." The focus was on technology empowerment, international cooperation, green development, and a people-centered approach. The aim is to reshape sustainable global supply chains, contributing to global trade security and economic prosperity. The celebration highlighted the importance of customs administrations in building resilient and adaptable systems to face future challenges and support global recovery efforts.

Global Trade Strategies to Reduce Ocean Freight Costs

Global Trade Strategies to Reduce Ocean Freight Costs

This article delves into the various factors influencing shipping company charges in foreign trade, including routes, cargo characteristics, bunker adjustment factor (BAF), currency adjustment factor (CAF), port surcharges, peak season surcharges (PSS), and transit time. It aims to help foreign trade enterprises accurately calculate transportation costs, negotiate more favorable cooperation terms, and ultimately enhance their competitiveness in global trade. Understanding these elements is crucial for effective cost management and securing optimal shipping agreements.

Shanghai Pudong Airport Emerges As Key Global Aviation Hub

Shanghai Pudong Airport Emerges As Key Global Aviation Hub

Shanghai Pudong International Airport (PVG) serves as a major air hub in China, welcoming tens of millions of passengers annually. With its modern facilities and advantageous geographical location, it has become a significant platform for international communication. Additionally, the airport's high-quality services and diverse amenities greatly enhance the travel experience.

Ezhou Huahu Airport Adds Chinaindia Freight Route

Ezhou Huahu Airport Adds Chinaindia Freight Route

Hubei Ezhou Huahu International Airport has recently launched a direct international freight route to Bangalore, India, with plans for one flight per week, mainly transporting electronic products and general cargo. This route provides new air logistics support for China-India trade, enhances Hubei's international freight capacity, and promotes regional economic development.

03/12/2025 Logistics
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