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.

01/26/2026 Customs Knowledge
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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.

01/26/2026 Customs Knowledge
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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.

01/26/2026 Customs Knowledge
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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.

01/26/2026 Customs Knowledge
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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.

01/26/2026 Customs Knowledge
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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.

01/26/2026 Customs Knowledge
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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.

01/26/2026 Customs Knowledge
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Global Shipping Industry Faces Order Decline Amid Economic Slowdown

Global Shipping Industry Faces Order Decline Amid Economic Slowdown

The global "order drought" has led to a cooling of the container shipping market, with freight rates plummeting and shipping companies facing challenges. By optimizing routes, expanding diversified services, embracing digital transformation, and strengthening cooperation, shipping companies are expected to break through the adversity and embrace future market opportunities. The sharp decline in freight rates puts pressure on profitability, prompting strategic adjustments within the industry to navigate the downturn and prepare for a potential rebound.

02/11/2026 Logistics Industry Insights
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US Rail Freight Market Faces Growth and Hurdles

US Rail Freight Market Faces Growth and Hurdles

The US rail freight market presents a mixed picture. While carload volume has slightly decreased, intermodal container traffic is growing. Strong demand exists for commodities like petroleum and automobiles, while coal and grain face challenges. Companies need to focus on specific market segments, optimize transportation structures, strengthen cooperation, and develop long-term strategies to seize market opportunities. The key lies in understanding evolving demands and adapting to the changing landscape of rail freight transportation.

02/11/2026 Logistics
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WCO Committee Advances Global Trade Facilitation Measures

WCO Committee Advances Global Trade Facilitation Measures

The latest meeting of the WCO Technical Committee focused on customs facilitation, emphasizing data standardization, risk management, SME support, cross-border e-commerce facilitation, and AEO mutual recognition. Businesses should strengthen compliance management, embrace digital transformation, and enhance international cooperation to adapt to the evolving trade landscape. The meeting highlighted the importance of streamlined processes and innovative solutions to promote efficient and secure international trade flows, ultimately contributing to global economic growth and development.

01/20/2026 Customs Knowledge
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