Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

The Revised Kyoto Convention (RKC) has surpassed 100 contracting parties, with Thailand and Sierra Leone's accession further boosting global trade facilitation. The convention aims to simplify and harmonize customs procedures by applying information technology and risk management, improving customs efficiency and reducing trade costs. The World Customs Organization (WCO) actively promotes the RKC's implementation and encourages more members to join, fostering global trade prosperity. The growing number of signatories demonstrates the international commitment to streamlined customs processes and enhanced trade efficiency.

01/07/2026 Customs Knowledge
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Burkina Faso Customs Adopts Wcobacked Advance Ruling System

Burkina Faso Customs Adopts Wcobacked Advance Ruling System

The World Customs Organization (WCO) is assisting Burkina Faso in establishing an advance ruling mechanism to enhance trade predictability, reduce compliance costs, and improve customs efficiency. Through capacity building workshops and the WACAM project, the WCO supports Burkina Faso's customs modernization and promotes regional trade development. The establishment of this mechanism will improve the trade environment, foster economic growth, and serve as a reference for other African countries. The initiative aligns with global efforts to streamline trade processes and promote efficient customs operations.

01/07/2026 Customs Knowledge
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Ecommerce Website Costs A Budget Breakdown

Ecommerce Website Costs A Budget Breakdown

This article provides an in-depth analysis of the cost components involved in building a foreign trade website, including domain, server, website construction, promotion, and other expenses. It offers pricing strategies for startups, growing businesses, and mature enterprises in foreign trade website development. Furthermore, it provides a guide to avoid common pitfalls, helping businesses create efficient foreign trade websites with the most reasonable budget and achieve their foreign trade goals. This aims to empower companies to build effective online presence within budget.

01/26/2026 Customs Knowledge
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Navigating Tariffs for Cleaning Agents Under HS Code 3402905030

Navigating Tariffs for Cleaning Agents Under HS Code 3402905030

This article provides an in-depth analysis of the tariff classification of HS code 3402905030 (detergent). It explains the significance of HS codes in international trade and details how to accurately determine the HS code for detergents. The aim is to help readers avoid trade risks and optimize their trade strategies by providing a clear understanding of the HS coding system as it applies to cleaning agents. This knowledge empowers businesses to navigate international trade regulations effectively and ensure compliance.

01/30/2026 HS Code Query
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Sierra Leone Boosts Customs Audits with WCO Assistance

Sierra Leone Boosts Customs Audits with WCO Assistance

The World Customs Organization (WCO) supported Sierra Leone in enhancing its Post Clearance Audit (PCA) capabilities through a workshop, technical assistance, and an action plan. This aims to effectively implement the World Trade Organization (WTO)'s Trade Facilitation Agreement (TFA). The initiative focuses on strengthening the Sierra Leone National Revenue Authority (NRA)'s customs risk management, improving control effectiveness, and promoting trade facilitation. Ultimately, this contributes to the country's sustainable economic development by optimizing revenue collection and streamlining trade processes.

01/30/2026 Customs Knowledge
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WTO Moves to Standardize Global Customs Valuation Rules

WTO Moves to Standardize Global Customs Valuation Rules

The 1983 Customs Valuation Committee Decision clarified that the English term "undertaken" in the Customs Valuation Agreement should be interpreted as "carried out." This aims to standardize international trade terminology, enhance the accuracy and consistency of customs valuation, reduce the risk of trade disputes, and facilitate international trade. The French and Spanish versions of the term remain unchanged. This clarification ensures a more uniform application of the agreement across different language versions, promoting fairness and predictability in international trade transactions.

02/02/2026 Customs Knowledge
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ADB and WCO Boost Global Trade Efficiency in New Partnership

ADB and WCO Boost Global Trade Efficiency in New Partnership

The Asian Development Bank (ADB) and the World Customs Organization (WCO) are strengthening their collaboration to enhance customs efficiency in developing countries. This partnership focuses on capacity building, technical assistance, information sharing, and policy dialogue. The goal is to promote trade facilitation and regional integration, jointly address global trade challenges, and build a more efficient and interconnected global trade landscape. The cooperation aims to improve customs procedures, reduce trade costs, and support sustainable economic growth across the Asia-Pacific region.

02/02/2026 Customs Knowledge
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Goma An Energetic Port City of The Democratic Republic of The Congo and An International Transport Hub

Goma An Energetic Port City of The Democratic Republic of The Congo and An International Transport Hub

Goma is a port city in the Democratic Republic of the Congo, located on the northern shore of Lake Kivu, adjacent to Gisenyi in Rwanda. As the capital of North Kivu Province, Goma International Airport connects both domestic and international destinations, and its convenient transportation network has facilitated the city's development and tourism exchange.

07/24/2025 Port Encyclopedia
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OAG Report Highlights Datadriven Trends in March Aviation

OAG Report Highlights Datadriven Trends in March Aviation

OAG's March Aviation Industry Intelligence Express provides an in-depth analysis of global aviation capacity recovery, busiest airports, top airline KPIs, airfare trends, North American route patterns, and on-time performance. This report helps you understand industry trends and formulate precise strategies. Subscribe to OAG's weekly intelligence express to stay ahead of the curve.

01/07/2026 Logistics Industry Insights
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