Burkina Faso Adopts Revised Kyoto Convention to Enhance Trade

Burkina Faso Adopts Revised Kyoto Convention to Enhance Trade

Burkina Faso's accession to the Revised Kyoto Convention (RKC) marks progress in global trade facilitation. As a modern customs blueprint, the RKC promotes global trade development by simplifying customs procedures, enhancing transparency, and applying information technology. Countries should actively join and effectively implement the RKC, strengthen international cooperation, address challenges collectively, and build an open and efficient global trading system. The RKC's focus on streamlined processes and technological advancements aims to reduce trade costs and boost economic growth for member nations.

01/30/2026 Customs Knowledge
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Experts Assess Causes Fixes for Global Shipping Crisis

Experts Assess Causes Fixes for Global Shipping Crisis

Global shipping faces multiple challenges including port congestion, container shortages, and soaring freight rates, exacerbating the supply chain crisis. Experts analyze the spread of port congestion, inland transportation bottlenecks, and the impact of shipping alliances. They suggest diversifying transport routes and strengthening cooperation as potential solutions. Market volatility is expected in the short term, and attention should be paid to potential risks such as expiring labor contracts. The situation requires proactive measures to mitigate disruptions and ensure smoother trade flows.

01/30/2026 Logistics Industry Insights
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WCO Issues Trade Recovery Guidance Amid Global Disruptions

WCO Issues Trade Recovery Guidance Amid Global Disruptions

This article provides an in-depth analysis of the World Customs Organization's (WCO) 'Trade Recovery Guidelines,' designed to assist national customs administrations in swiftly and efficiently restoring international cargo movement following trade disruptions. It elaborates on the concept of trade recovery, the significance of the SAFE Framework, and the guidelines' three pillars: Action Plan, Customs Actions, and Communication. The article emphasizes the crucial role of international cooperation and public-private partnerships in effectively addressing trade disruptions and ensuring supply chain resilience.

01/30/2026 Customs Knowledge
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Global Customs Agencies Crack Down on Illegal Wildlife Trade

Global Customs Agencies Crack Down on Illegal Wildlife Trade

The World Customs Organization (WCO) Environment Programme, in collaboration with customs administrations from 11 countries, is enhancing capabilities to combat illegal wildlife trade (IWT) through online diagnostic assessments. Focusing on key areas such as training, enforcement, legislation, cooperation, intelligence, and risk management, the program tailors solutions and gathers international experts to build a global anti-smuggling defense line and safeguard ecological security. The initiative aims to improve customs' effectiveness in detecting and preventing the trafficking of endangered species and related products.

01/30/2026 Customs Knowledge
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Uzbekistan Boosts Customs Audits with Maldives Peer Learning

Uzbekistan Boosts Customs Audits with Maldives Peer Learning

Under the WCO Mercator Programme, the SECO-WCO Global Trade Facilitation Programme facilitated a virtual learning exchange between the Customs administrations of Uzbekistan and Maldives, focusing on post-clearance audit. Maldives Customs shared its experiences in organizational structure, legal framework, operational procedures, inter-agency coordination, and IT systems. This effectively enhanced Uzbekistan Customs' post-clearance audit capabilities and strengthened cooperation between the two Customs administrations. The exchange highlights the importance of knowledge sharing and collaboration in improving trade facilitation practices globally.

01/30/2026 Customs Knowledge
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Uschina Trade Tensions Drive Up Shipping Costs

Uschina Trade Tensions Drive Up Shipping Costs

Recent developments in China-US trade relations have led to a significant increase in shipping costs, with container freight rates from Shanghai to New York rising by 19%. A shortage of shipping capacity and the evolving trade dynamics have further exacerbated this trend, and it is expected that costs may continue to rise in the future.

08/04/2025 Logistics
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Zhengzhouluxembourg Air Cargo Route Surpasses 12 Million Tons

Zhengzhouluxembourg Air Cargo Route Surpasses 12 Million Tons

Since its inception in 2014, the Zhengzhou to Luxembourg 'Sky Silk Road' has cumulatively transported over 1.2 million tons of cargo, elevating Luxembourg Cargo Airlines to the fifth position globally. This route connects 24 countries and over 200 cities across Europe, America, and Asia, making Zhengzhou Airport the fifth largest international air freight hub in China.

08/04/2025 Logistics
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Uschina Trade Talks May Affect Tariffs Consumer Prices

Uschina Trade Talks May Affect Tariffs Consumer Prices

U.S.-China trade negotiations will be extended by 90 days, leaving the market in ongoing uncertainty. With the EU accepting a 15% tariff, both merchants and consumers will bear the costs, potentially leading to price increases for goods, affecting consumer choices and business hiring. The tariff policy will profoundly influence the domestic market and the international trade landscape.

08/07/2025 Logistics
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Bank of Chinas SWIFT Code BKCHCNBJ220 Key for Global Transfers

Bank of Chinas SWIFT Code BKCHCNBJ220 Key for Global Transfers

The SWIFT code BKCHCNBJ220 of the Bank of China plays a crucial role in international transfers. This code consists of the bank identifier, country code, and branch identifier, ensuring the safety and accuracy of funds in cross-border transactions. Understanding and using this code correctly can effectively prevent errors during remittances and ensure that funds are delivered smoothly.

08/18/2025 International Settlement
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Ngari Gunsa Airport Opens As Key Gateway to Tibetan Plateau

Ngari Gunsa Airport Opens As Key Gateway to Tibetan Plateau

Ngari Gunsa Airport, located in Shiquanhe, Tibet, is a key aviation hub for accessing the Qinghai-Tibet Plateau. The main flights include China Eastern Airlines to Kashgar and Virgin Australia to Lhasa, but there is currently no METAR weather observation data available. As a modern airport, it plays a crucial role in promoting regional economic and cultural integration.

08/08/2025 Airport Codes
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