SECOWCO GTFP Phase II Aims to Enhance Global Trade

SECOWCO GTFP Phase II Aims to Enhance Global Trade

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) officially launched the second phase of the Global Trade Facilitation Programme (GTFP). This initiative aims to build upon the achievements of the first phase, further promoting international trade development, strengthening customs organizational capacity, and fostering the application of international standards and best practices. It seeks to inject new vitality into global trade facilitation and contribute to the construction of an open, inclusive, balanced, and win-win global trade system.

World Customs Journal Highlights Global Trade Challenges

World Customs Journal Highlights Global Trade Challenges

The sixth issue of the *World Customs Journal* focuses on the impact of economic crises, regional trade agreements, and climate change on customs. It gathers insights from global experts, providing perspectives on understanding new challenges and opportunities in international trade. The articles emphasize the important implications of risk management, trade facilitation, environmental regulation, and international cooperation for the development of Chinese customs. It offers valuable insights into navigating the evolving landscape of global trade and the crucial role customs plays in it.

Jordan Customs Streamlines Trade with Wcobacked Clearance Reforms

Jordan Customs Streamlines Trade with Wcobacked Clearance Reforms

With WCO support, the Jordan Customs Department held a workshop focused on optimizing fast clearance processes and enhancing trade facilitation. By establishing new Standard Operating Procedures (SOPs), Jordan Customs aims to standardize the expedited release of imported goods at air cargo facilities, fostering trade development. The GTFP project assists Jordan Customs in improving its fast clearance capabilities through various support activities, reducing trade costs and increasing trade efficiency. This initiative is crucial for streamlining customs procedures and promoting economic growth in Jordan.

Global Trade Rules to Be Updated Under HS Reform

Global Trade Rules to Be Updated Under HS Reform

The World Customs Organization (WCO) has launched an exploratory study for the strategic review of the Harmonized System (HS) code system. This aims to assess the system's usability, adequacy, and health, while exploring future development strategies. The review addresses new global trade challenges, enhances trade efficiency, and promotes trade facilitation and security. It lays the groundwork for a more efficient, fair, and sustainable global trade system. All parties are encouraged to actively participate and shape the future of the HS system.

UK Nigeria Boost Trade Via Customs Partnership

UK Nigeria Boost Trade Via Customs Partnership

The UK's HM Revenue & Customs (HMRC) collaborated with the Nigeria Customs Service (NCS) to support the NCS in developing an AEO program compliant with WCO SAFE standards through AEO program benchmarking. This collaboration aims to strengthen trade partnerships between the two countries, enhance supply chain security and efficiency, and achieve trade facilitation, injecting new impetus into global trade development. The partnership leverages HMRC's experience to help NCS establish a robust and effective AEO program, ultimately fostering smoother and more secure international trade flows.

WCO Resumes Leadership Program to Train Future Customs Leaders

WCO Resumes Leadership Program to Train Future Customs Leaders

The WCO relaunched its Leadership Development Programme, aiming to enhance the leadership and management capabilities of customs officials. This initiative addresses international trade challenges and promotes customs modernization. Sixteen countries have benefited from the program. The WCO expresses gratitude to China, Japan, and Korea for their financial contributions and support.

Uschina Tariff Relief Sparks Export Surge

Uschina Tariff Relief Sparks Export Surge

Tariff reductions between the US and China in 2025 present opportunities for foreign trade, but soaring ocean freight rates pose a significant challenge. This paper analyzes the reasons behind the freight rate hikes and provides strategic recommendations for foreign trade enterprises to cope with the difficulties. These recommendations include optimizing logistics strategies, implementing cost control and effective customer communication, and establishing long-term planning. By adopting these strategies, businesses can seize opportunities, mitigate risks, and navigate the current challenging environment.

Uschina Tariffs Strain Global Supply Chains Amid Trade Tensions

Uschina Tariffs Strain Global Supply Chains Amid Trade Tensions

US tariff policies on China have exacerbated volatility in global logistics, raising concerns about technology transfer, intellectual property, and unfair trade practices. While intended to protect American workers, the tariffs have also inadvertently increased the cost of medical supplies. Logistics managers face challenges including volatility, policy shifts, and uneven demand. Addressing these uncertainties requires enhanced risk management, embracing digital transformation, and expanding diversified sourcing channels. The need for resilient and adaptable supply chains is paramount in navigating the evolving global trade landscape.

US Port Traffic Drops As Trade Tensions Slow Imports

US Port Traffic Drops As Trade Tensions Slow Imports

Descartes' Global Shipping Report reveals a significant decline in U.S. container imports in May, with a sharp drop in imports from China due to trade policies. The East Coast and Gulf Coast ports gained market share, while West Coast ports saw a decrease. The report highlights the challenges and shifts in U.S. port throughput amid escalating trade friction. This includes the impact of tariffs and geopolitical tensions on import volumes and the redistribution of cargo traffic across different port regions.

01/15/2026 Logistics
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Shanghaiuk Shipping Routes Key Trends and Insights

Shanghaiuk Shipping Routes Key Trends and Insights

This paper provides a detailed overview of the shipping route from Shanghai to the UK, covering its history, distance and duration, key ports, cargo types, and economic impact. This route serves as a vital trade corridor connecting China and the UK, significantly contributing to bilateral economic development. Understanding the various aspects of this shipping route can help businesses and individuals better plan and utilize maritime transport services. It highlights the route's importance in facilitating trade and economic growth between the two nations.