UK Border Force WCO Boost Global Trade Security

UK Border Force WCO Boost Global Trade Security

The World Customs Organization (WCO), in collaboration with UK Border Force (UKBF), is upgrading the WCO Cargo Targeting System (WCO CTS) to enhance risk identification and response capabilities for customs administrations worldwide. This collaboration will leverage combined expertise to create more robust data processing and risk assessment functionalities. The upgraded system will support the WCO SAFE Framework, contributing to a more secure and efficient global trade system. The focus is on improving pre-arrival cargo inspection and bolstering overall trade security through advanced risk assessment techniques.

Walmart Tops Fortune 500 As Logistics Firms Gain Momentum

Walmart Tops Fortune 500 As Logistics Firms Gain Momentum

The Fortune 500 list has been released, with Walmart topping the rankings again, followed by Amazon. Notably, several cross-border logistics companies, including UPS, FedEx, and C.H. Robinson, are also featured, highlighting the significance and growth potential of the cross-border logistics industry in global trade. These companies play a crucial role in connecting global markets by providing efficient logistics solutions. Their presence on the list underscores the increasing importance of seamless and reliable logistics in facilitating international commerce and supporting the global economy.

WCO Aids Togo in Customs Valuation to Boost Trade Efficiency

WCO Aids Togo in Customs Valuation to Boost Trade Efficiency

WCO training assisted Togo in enhancing its customs valuation capabilities. This initiative focused on strengthening personnel skills to ensure compliant and efficient valuation practices. By improving valuation procedures, the training contributes to trade facilitation and promotes smoother international trade flows. The program aims to equip Togo's customs officials with the necessary expertise to accurately assess the value of imported goods, leading to increased revenue collection and improved border security. Ultimately, this technical assistance supports Togo's economic development by fostering a more transparent and predictable trading environment.

Moldova Boosts Trade Via Mercator Program WTO Deal

Moldova Boosts Trade Via Mercator Program WTO Deal

Moldova, with support from Switzerland and the WCO, has launched the "Mercator Program" to streamline customs procedures, improve trade efficiency, and foster economic growth and regional cooperation. The initiative aims to reduce trade barriers, simplify documentation, and enhance transparency in cross-border trade. By implementing modern customs practices and technologies, Moldova seeks to boost its competitiveness and integrate further into the global economy. The Mercator Program is expected to contribute significantly to Moldova's economic development and strengthen its position as a reliable trading partner.

Namibia Enhances Border Systems to Improve Trade

Namibia Enhances Border Systems to Improve Trade

Namibia is actively promoting Coordinated Border Management (CBM) by establishing an inter-agency standard regulatory framework and unified data standards, aiming to reduce border delays and facilitate legitimate trade. This framework was developed in collaboration with the World Customs Organization (WCO) and supported by the WCO's Accelerate Trade Facilitation Programme. Namibia's practice provides valuable experience for other developing countries, contributing to building a more open, efficient, and secure global trading system. The initiative focuses on streamlining procedures and enhancing cooperation between various border agencies.

Burkina Faso Hosts Workshop on Trade Modernization Reforms

Burkina Faso Hosts Workshop on Trade Modernization Reforms

With support from Japan, the World Customs Organization (WCO) held a seminar in Burkina Faso to promote the implementation of the Revised Kyoto Convention (RKC). The seminar aimed to enhance customs efficiency and facilitate integration into global trade. The RKC is a key international instrument for simplifying and harmonizing customs procedures. By adopting the RKC and implementing programs like Authorized Economic Operator (AEO) certification, countries can streamline trade processes, reduce costs, and improve security. This initiative contributes to broader trade facilitation efforts and supports economic development.

Global Aviation Body IATA Launches Safetyis for Enhanced Flight Security

Global Aviation Body IATA Launches Safetyis for Enhanced Flight Security

IATA SafetyIS is an intelligent solution designed to enhance global aviation safety. It provides comprehensive and reliable industry Safety Performance Indicators (SPIs), coupled with benchmarking and data visualization tools. This empowers airlines and aviation service providers to better understand and monitor the global aviation safety landscape. By leveraging these insights, organizations can continuously improve safety levels, optimize products and services, and broaden their global perspective on safety trends and best practices. Ultimately, SafetyIS aims to foster a safer and more efficient aviation industry worldwide.

VAT Zerorating Boosts International Aviation Connectivity

VAT Zerorating Boosts International Aviation Connectivity

The unique nature of international air transport clashes with traditional tax jurisdictions. This paper argues for the necessity of implementing a zero-rating VAT refund mechanism for international aviation. It emphasizes that this mechanism can reduce operational costs, promote international travel and trade, enhance competitiveness, and ensure fairness. ICAO resolutions provide guidance for governments to develop relevant policies, contributing to the construction of an interconnected global aviation network. This approach helps to streamline processes and foster a more efficient and equitable system for international air travel.

IATA Names Sheldon Hee Asiapacific VP to Boost Regional Growth

IATA Names Sheldon Hee Asiapacific VP to Boost Regional Growth

The International Air Transport Association (IATA) has appointed Sheldon Hee as Regional Vice President for Asia-Pacific, effective June 1, 2025. The Asia-Pacific region is a key growth engine for the global aviation industry, projected to have the fastest passenger demand growth over the next 20 years. Sheldon Hee brings over 25 years of aviation experience, including executive roles at Singapore Airlines. IATA will focus on safety, efficiency, and sustainability, collaborating with stakeholders to promote the development of the Asia-Pacific aviation industry.

05/30/2025 Airlines
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Air Franceklm Unveils Sustainability Plan for Aviation Sector

Air Franceklm Unveils Sustainability Plan for Aviation Sector

Air France-KLM Group is actively promoting a green transition in the post-pandemic era, facing the challenge of balancing passenger volume recovery with emission reduction pressures. The group is committed to reducing carbon emissions through investments in new aircraft and procurement of Sustainable Aviation Fuel (SAF). Simultaneously, it calls for public sector support to establish a level playing field and jointly promote the sustainable development of the aviation industry. This collaborative approach is crucial for achieving significant progress in reducing the environmental impact of air travel.