WCO OECD Align Customs and Transfer Pricing to Boost Trade

WCO OECD Align Customs and Transfer Pricing to Boost Trade

A joint workshop by the World Customs Organization (WCO) and the Organisation for Economic Co-operation and Development (OECD) aimed to enhance the expertise of customs and tax authorities in customs valuation and transfer pricing. It promoted cooperation to resolve tax disputes and trade frictions arising from valuation differences. The workshop included rule learning, practical exchanges, and provided WCO guidelines as reference. Future efforts will focus on deepening collaboration to build a fair trade environment by addressing valuation challenges and fostering international cooperation.

02/03/2026 Customs Knowledge
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Asiapacific Nations Strengthen Customs to Curb Illegal Plastic Waste Trade

Asiapacific Nations Strengthen Customs to Curb Illegal Plastic Waste Trade

The World Customs Organization (WCO) launched the Asia-Pacific Border Management Waste Project to strengthen customs control over plastic waste in the Asia-Pacific region, combat illicit trade, and raise awareness of the Basel Convention amendments. Through virtual diagnostic missions to Indonesia and the Philippines, the WCO will develop detailed implementation plans and host regional workshops to promote regional cooperation in addressing plastic waste management challenges and building green border defenses. The project aims to enhance the capacity of customs administrations to effectively regulate and manage the transboundary movement of plastic waste.

02/03/2026 Customs Knowledge
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New Fuzhoukuala Lumpur Air Cargo Route Strengthens SE Asia Trade

New Fuzhoukuala Lumpur Air Cargo Route Strengthens SE Asia Trade

The Fuzhou-Kuala Lumpur international all-cargo regular air route has officially opened, with the inaugural flight fully loaded in both directions. This route fills the gap in air cargo transportation between Fuzhou and Malaysia, establishing an efficient air freight channel to meet cross-border e-commerce demands. It facilitates the entry of Southeast Asian specialty products into the Fuzhou market and injects new momentum into regional economic and trade development. The new route is expected to significantly boost trade and collaboration between the two regions.

02/03/2026 Logistics
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Foreign Trade Firms Shift from Sales to Marketing for Growth

Foreign Trade Firms Shift from Sales to Marketing for Growth

Foreign trade enterprises should shift from a sales-oriented to a marketing-oriented mindset. This involves gaining a deep understanding of target markets, creating differentiated products, building a strong brand image, and establishing a robust customer relationship management (CRM) system. Furthermore, leveraging digital marketing tools is crucial for standing out in a competitive market and achieving sustainable growth. By embracing these strategies, foreign trade businesses can enhance their market presence and foster long-term success.

02/03/2026 Customs Knowledge
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B2B Trade Websites Adopt New Strategies to Attract Global Buyers

B2B Trade Websites Adopt New Strategies to Attract Global Buyers

Building a high-converting foreign trade website requires focusing on product value, diverse solutions, authentic user feedback, and robust after-sales service. Businesses should deeply understand customer needs and provide customized solutions, showcasing successful case studies. Constructing a comprehensive supply chain management system is also crucial. By emphasizing these elements, companies can build trust with potential clients, ultimately driving business growth and improving conversion rates in the competitive B2B market. A well-designed website is key to attracting and retaining international customers.

02/03/2026 Logistics Industry Insights
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Hong Kong Airport Reports April Cargo Growth Amid Trade Tensions

Hong Kong Airport Reports April Cargo Growth Amid Trade Tensions

Hong Kong International Airport (HKIA) saw a 2.6% year-on-year increase in cargo volume in April, reaching 404,000 tonnes, despite pressure from US tariffs. A significant increase in transit cargo was a key factor, particularly from Europe and the Middle East. The launch of new routes also provided support. While the growth rate slowed slightly compared to previous months, HKIA demonstrated resilience amidst global trade frictions.

02/03/2026 Logistics
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Guide to Mastering Ocean Bills of Lading for Global Trade

Guide to Mastering Ocean Bills of Lading for Global Trade

This article provides an in-depth analysis of various Bill of Lading (B/L) forms in international maritime transport, including Shipped on Board B/L, Received for Shipment B/L, Clean/Unclean B/L, and Straight/Order/Bearer B/L. It details their characteristics, application scenarios, advantages, and risks. The aim is to assist foreign trade personnel in selecting the appropriate B/L type based on actual trade conditions, reducing transportation risks, and improving trade efficiency and profitability. This guide helps navigate the complexities of B/L selection for optimized international shipping.

02/03/2026 Document Interpretation
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Firms Use LBS Maps and Whatsapp to Boost Global Trade

Firms Use LBS Maps and Whatsapp to Boost Global Trade

This article introduces a novel approach to foreign trade customer development using LBS map tools in conjunction with WhatsApp. By leveraging precise location targeting, keyword searches, and effective communication, it significantly enhances customer acquisition efficiency. The article emphasizes operational steps, precautions, and the advantages of WhatsApp. It serves as a practical guide for foreign trade professionals seeking to improve their lead generation strategies and connect with potential clients more effectively. This method helps to pinpoint ideal customers within specific geographic areas.

02/05/2026 Logistics Industry Insights
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Chinas Foreign Trade Hits Record Growth Amid Rising Market Entrants

Chinas Foreign Trade Hits Record Growth Amid Rising Market Entrants

In 2025, China's total foreign trade volume reached a record high, growing by 3.8% year-on-year, marking the ninth consecutive year of positive growth. Exports of high-tech and green products were particularly strong, and the vitality of private enterprises increased. The year saw a record 1.256 million new foreign trade companies registered, the highest in the last five years. Guangdong province led the nation in the number of foreign trade enterprises, indicating significant market potential.

02/05/2026 Logistics Industry Insights
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EUWCO Project Seeks to Simplify African Trade with Uniform Rules

EUWCO Project Seeks to Simplify African Trade with Uniform Rules

The EU-WCO Rules of Origin Africa Programme is expected to significantly contribute to the finalization of the African Continental Free Trade Area (AfCFTA) Rules of Origin by 2025. It aims to promote the harmonization of key origin systems across Africa, build a community of practice for rules of origin, and facilitate African economic integration. The program's impact will be crucial for streamlining trade processes and fostering economic growth within the continent by simplifying and standardizing rules related to product origin.

02/05/2026 Customs Knowledge
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