Cape Verdes Trade Facilitation Model Gains Global Praise

Cape Verdes Trade Facilitation Model Gains Global Praise

Cabo Verde, with the support of the World Customs Organization (WCO), has significantly improved its trade facilitation by effectively implementing the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) measures through effective stakeholder engagement. A Time Release Study (TRS) played a crucial role. The innovative practices of Cabo Verde Customs in stakeholder engagement are worthy of emulation. The country's success highlights the importance of collaboration and strategic implementation for achieving trade efficiency and economic growth.

Cape Verde Enhances Trade Efficiency with WCO Support

Cape Verde Enhances Trade Efficiency with WCO Support

The World Customs Organization (WCO), through the WCO-WACAM project, supports Cape Verde in conducting a Time Release Study (TRS) to optimize customs efficiency, attract foreign investment, and comply with the WTO Trade Facilitation Agreement. The forthcoming report is expected to streamline procedures, enhance port infrastructure, and strengthen inter-agency collaboration. This initiative aims to facilitate Cape Verde's integration into the global economy by improving trade competitiveness and reducing trade barriers. The study's findings will provide actionable recommendations for enhancing the overall customs clearance process.

Kenyas AEO Program Enhances Trade with WCO Backing

Kenyas AEO Program Enhances Trade with WCO Backing

With Sida's support, the WCO conducted AEO training for Kenya Customs, promoting cross-border cooperation and trade facilitation. The training recommended strengthening policy coordination and risk management to foster mutual recognition cooperation. This initiative aims to enhance the efficiency and security of the supply chain, benefiting both Kenya and its trading partners by streamlining customs procedures and reducing trade barriers. The focus on AEO implementation contributes to a more predictable and reliable trading environment.

Burundi Enhances Trade with Wcos Kyoto Convention Update

Burundi Enhances Trade with Wcos Kyoto Convention Update

The WCO assisted Burundi in acceding to the RKC Agreement, streamlining customs procedures and enhancing trade efficiency. This simplification aims to improve the business environment and promote economic development within Burundi. By adopting the RKC standards, Burundi is working towards faster and more predictable customs clearance, ultimately reducing trade costs and attracting foreign investment. This initiative is expected to contribute significantly to Burundi's integration into the global trading system and foster sustainable economic growth.

Bahamas Customs Boosts Trade Efficiency with WCO Study

Bahamas Customs Boosts Trade Efficiency with WCO Study

With the support of the World Customs Organization (WCO), Bahamas Customs has launched its first Time Release Study (TRS). This initiative aims to quantify the time taken at each stage of the customs clearance process, identify bottlenecks, and optimize procedures. The goal is to improve customs efficiency, reduce trade costs, enhance the business environment, and prepare for accession to the World Trade Organization (WTO). The WCO provides technical assistance and training to help Bahamas Customs modernize and promote trade facilitation.

Data Analytics Boosts Customs Trade Efficiency and Security

Data Analytics Boosts Customs Trade Efficiency and Security

The 215th/216th sessions of the WCO Permanent Technical Committee (PTC) highlighted the pivotal role of data analysis in modern customs operations. Discussions focused on leveraging big data and innovative technologies to optimize trade facilitation, risk management, supply chain security, and customs-tax cooperation. This charted a course for the future development of customs, emphasizing data analysis as a new engine driving trade facilitation and security. The meeting underscored the importance of data-driven insights for enhancing efficiency and effectiveness in customs administration.

Blockchain and Trade Pacts Boost Global Commerce Efficiency

Blockchain and Trade Pacts Boost Global Commerce Efficiency

This paper explores how blockchain technology empowers Mutual Recognition Agreements (MRAs) to address cross-border data sharing challenges and promote trade facilitation. Drawing on the practical experience of the CADENA project in Latin America, it demonstrates blockchain's potential in improving efficiency and enhancing trust. The paper also envisions its applications in areas such as digital identity authentication, supply chain traceability, and trade finance. By leveraging the immutability and transparency of blockchain, MRAs can be streamlined, leading to reduced costs and increased trade volumes.

Togo Boosts Trade with Wcobacked Customs AEO Program

Togo Boosts Trade with Wcobacked Customs AEO Program

The WCO is assisting the Togo Revenue Authority in establishing an AEO program to enhance trade facilitation. This initiative focuses on optimizing processes and strengthening cooperation to promote economic growth in Togo. By implementing the AEO program, Togo aims to streamline customs procedures, reduce trade barriers, and attract foreign investment. The program's success will contribute to increased efficiency in cross-border trade and a more competitive business environment for Togolese companies. This collaboration between the WCO and Togo Customs is expected to yield significant benefits for the country's economy.

Wcos Mercator Program Boosts Bosnias WTO Trade Facilitation

Wcos Mercator Program Boosts Bosnias WTO Trade Facilitation

The World Customs Organization (WCO), through its Mercator Programme, supports Bosnia and Herzegovina in implementing trade facilitation measures. This includes organizing workshops to raise awareness, identify priorities, and assist in the establishment of a National Trade Facilitation Committee. This initiative aims to accelerate Bosnia and Herzegovina's accession to the World Trade Organization (WTO) and promote its economic growth and international competitiveness.

Spain Boosts Courier Routes for Chinahong Kong Trade

Spain Boosts Courier Routes for Chinahong Kong Trade

This report details the process of shipping goods from Spain to China via Hong Kong, covering stages such as merchant dispatch, Hong Kong warehouse receiving, cargo consolidation, customs clearance, international transportation, and domestic delivery. It evaluates the selection criteria for forwarding companies (cost, speed, service, security) and recommends several reputable logistics companies offering express services from Spain to China. This provides professional guidance for cross-border shoppers.

02/02/2026 Logistics
Read More