WCO Updates price Actually Paid Definition to Boost Trade Compliance

WCO Updates price Actually Paid Definition to Boost Trade Compliance

The new WCO regulations clarify the definition of "price actually paid or payable," assisting companies with compliance, facilitating trade, and improving the accuracy and efficiency of customs valuation. This clarification helps businesses understand and adhere to international valuation standards, streamlining import/export processes. By providing a more precise definition, the WCO aims to reduce valuation disputes and promote fair trade practices globally. Ultimately, this leads to more predictable and transparent customs procedures, benefiting both businesses and customs administrations.

01/30/2026 Customs Knowledge
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Eswatini Enhances Border Management to Facilitate Trade Growth

Eswatini Enhances Border Management to Facilitate Trade Growth

With the support of the World Customs Organization, Eswatini is enhancing trade facilitation by synergizing border management and data standardization, aiming to realize its vision of a 'seamless border'. This collaborative approach streamlines processes, reduces delays, and promotes efficient cross-border movement of goods. By aligning border procedures and standardizing data exchange, Eswatini is working towards a more integrated and competitive trading environment, contributing to economic growth and regional integration. The focus on data standardization ensures interoperability and improved data quality across different systems.

01/30/2026 Customs Knowledge
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Eswatini Enhances Border Efficiency with Data Standardization

Eswatini Enhances Border Efficiency with Data Standardization

Eswatini, with the support of the World Customs Organization, has significantly improved border efficiency through collaborative border management and data standardization. By integrating various departmental efforts, optimizing border processes, and building an interconnected digital platform, Eswatini is moving towards the goal of a 'seamless border,' injecting new momentum into trade facilitation and economic growth. This integrated approach streamlines procedures, reduces delays, and enhances transparency, ultimately fostering a more competitive and attractive environment for international trade and investment.

01/30/2026 Customs Knowledge
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WCO Boosts Global Ecommerce Via Collaboration Innovation

WCO Boosts Global Ecommerce Via Collaboration Innovation

The World Customs Organization (WCO) hosted the 2nd Global Cross-Border E-Commerce Conference, bringing together global experts to discuss key issues such as optimizing regulatory frameworks, improving trade efficiency, and ensuring security and compliance. The conference emphasized data-driven risk management, simplified customs clearance procedures, consumer rights protection, and capacity building and cooperation. It injected new impetus into the WCO's future work, helping cross-border e-commerce become an engine of global economic growth.

01/30/2026 Customs Knowledge
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WCO Eswatini Pilot Enhanced Customs Training Program

WCO Eswatini Pilot Enhanced Customs Training Program

The World Customs Organization (WCO) launched a pilot training evaluation project in collaboration with the Eswatini Revenue Authority (ERA) to enhance the efficiency and effectiveness of customs personnel, processes, and structures. Funded by the EU-HS Africa Programme, the project utilizes a systematic evaluation framework covering five levels: reaction, learning, behavior, results, and return on investment. Emphasizing collaboration and participation, the project's findings were shared with WCO members in February 2022. This initiative aims to strengthen customs capacity and improve overall performance through comprehensive evaluation methodologies.

01/30/2026 Customs Knowledge
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Global Customs Agencies Crack Down on Illegal Wildlife Trade

Global Customs Agencies Crack Down on Illegal Wildlife Trade

The World Customs Organization (WCO) Environment Programme, in collaboration with customs administrations from 11 countries, is enhancing capabilities to combat illegal wildlife trade (IWT) through online diagnostic assessments. Focusing on key areas such as training, enforcement, legislation, cooperation, intelligence, and risk management, the program tailors solutions and gathers international experts to build a global anti-smuggling defense line and safeguard ecological security. The initiative aims to improve customs' effectiveness in detecting and preventing the trafficking of endangered species and related products.

01/30/2026 Customs Knowledge
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WCO Businesses Join Forces to Tackle Postpandemic Smuggling

WCO Businesses Join Forces to Tackle Postpandemic Smuggling

The World Customs Organization (WCO) is collaborating with the business community to address the challenges posed by smuggling and counterfeit trade in the post-pandemic era. By strengthening customs-business partnerships, leveraging data analytics and technological innovation, the aim is to build a more secure and efficient global trade system. This collaboration seeks to protect consumer rights, maintain fair market competition, and ultimately achieve sustainable supply chain development. The joint efforts are crucial for mitigating risks and fostering a resilient and trustworthy international trade environment.

01/30/2026 Customs Knowledge
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Tajikistan Customs Boosts Efficiency with WCO Study

Tajikistan Customs Boosts Efficiency with WCO Study

The World Customs Organization (WCO) successfully conducted a Time Release Study (TRS) workshop for Tajikistan Customs, aiming to help the country launch a new TRS cycle and enhance trade facilitation. The workshop reviewed the TRS methodology, explained software usage, and facilitated experience sharing. By assessing cargo clearance times, TRS assists customs in optimizing processes, improving efficiency, and promoting global trade facilitation and economic growth. The study helps identify bottlenecks and areas for improvement within the customs clearance process.

01/30/2026 Customs Knowledge
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Botswana Strengthens Environmental Customs Enforcement Under Global Pacts

Botswana Strengthens Environmental Customs Enforcement Under Global Pacts

The World Customs Organization (WCO), in collaboration with UNEP and others, held a workshop for Botswana Customs to enhance awareness of the Basel and Montreal Conventions and strengthen controls over the cross-border movement of hazardous waste and ozone-depleting substances. The workshop fostered cooperation between customs and environmental agencies. Further technical assistance is planned to support the implementation of the WTO Trade Facilitation Agreement. This initiative aims to bolster Botswana's capacity in enforcing environmental regulations and facilitating legitimate trade while preventing illegal trafficking of harmful materials.

01/30/2026 Customs Knowledge
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West Africa Enhances Risk Management with WCOJICA Initiative

West Africa Enhances Risk Management with WCOJICA Initiative

The WCO/JICA Joint Project successfully completed a Master Trainer Program in West Africa, training 18 experts in risk management and intelligence analysis for customs administrations in six countries, including Benin and Burkina Faso. Through working groups, regional training material development, and virtual training, the project significantly enhanced customs risk management capabilities in the West African region and promoted regional cooperation and sustainable development. The WCO and JICA will continue to support customs capacity building in West Africa.

01/30/2026 Customs Knowledge
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