Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia is accelerating the modernization of its tariff classification system to align with international standards, aiming to facilitate trade and promote economic growth. With support from the EU-WCO Africa HS Project, the Ethiopian Customs Commission is working to streamline processes, improve efficiency, and strengthen capacity building to adapt to the evolving global trade environment. This initiative seeks to simplify customs procedures, reduce trade barriers, and enhance Ethiopia's competitiveness in the international market.

01/05/2026 Customs Knowledge
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Ozons Warehousing Shift Opens Opportunities for Crossborder Sellers

Ozons Warehousing Shift Opens Opportunities for Crossborder Sellers

Ozon has significantly reduced the free storage period for bulky items to 30 days, which may increase short-term cost pressure. However, warehousing rates have been substantially lowered. Sellers need to optimize inventory management, accelerate product turnover, and flexibly adjust logistics and sales strategies to turn challenges into opportunities and achieve cost reduction and efficiency improvement. This requires proactive adaptation and strategic planning to navigate the changing landscape and maintain profitability within the Ozon ecosystem.

01/05/2026 Logistics
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Shippers Adapt Strategies to Manage Expired Freight Quotes

Shippers Adapt Strategies to Manage Expired Freight Quotes

Expired freight quotes are a common problem in the shipping industry. This article analyzes the reasons for quote validity periods, emphasizing the importance of booking in advance and providing strategies to avoid expiration issues. Gain a deeper understanding of freight cost components and learn how to leverage Flexport to optimize your shipping processes, ensuring cost control and improved efficiency. By understanding these factors, businesses can better manage their shipping expenses and avoid unexpected charges.

01/05/2026 Logistics Encyclopedia
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Air Waybill Essential for International Air Freight

Air Waybill Essential for International Air Freight

The Air Waybill (AWB) is a core document in international air freight, acting as a contract of carriage, a receipt for goods, and a shipping instruction. It plays a crucial role in ensuring the safe and efficient transportation of goods. This paper provides an in-depth interpretation of the various elements of the AWB and their functions, aiming to help readers understand and use the AWB correctly, reduce transportation risks, and improve logistics efficiency.

01/05/2026 Logistics Encyclopedia
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Latin America Streamlines Customs Rulings to Boost Trade

Latin America Streamlines Customs Rulings to Boost Trade

Nineteen Latin American countries gathered to discuss the optimization and implementation of the Customs Advance Ruling (AR) mechanism. The seminar aimed to foster regional cooperation, share best practices, and refine relevant policies and regulations to build a more efficient, transparent, and predictable trade environment. This initiative helps businesses reduce trade risks, improve customs clearance efficiency, and optimize cost control, ultimately promoting economic development and global trade prosperity in the Latin American region.

12/30/2025 Customs Knowledge
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Bolivia Adopts Uruguays Customs Risk Strategies to Boost Trade

Bolivia Adopts Uruguays Customs Risk Strategies to Boost Trade

Bolivian Customs is leveraging the risk management experience of Uruguayan Customs to improve clearance efficiency and reduce trade risks. This initiative is part of a WCO project aimed at fostering international cooperation and economic development. By adopting best practices in risk management, Bolivian Customs aims to streamline processes, enhance security, and facilitate legitimate trade flows. This collaboration highlights the importance of knowledge sharing and capacity building in strengthening customs administrations and promoting global trade.

12/30/2025 Customs Knowledge
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Latin American Brokers Praise WCO Trade Reforms

Latin American Brokers Praise WCO Trade Reforms

At the Latin American Association of Customs Brokers Congress, the WCO was lauded for its efforts in advancing customs modernization and fostering cooperation. The WCO's Economic Competitiveness Package aims to streamline customs procedures, strengthen international collaboration, promote technology adoption, and deepen public-private partnerships to enhance global trade efficiency. Latin America is actively implementing modernization measures like e-declaration. Customs brokers need to improve their professionalization, digitalization, and cooperation to jointly promote global trade.

12/30/2025 Customs Knowledge
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Comoros Adopts Harmonized System to Modernize Customs

Comoros Adopts Harmonized System to Modernize Customs

With the support of the African Development Bank, Comoros is actively promoting the application of the Harmonized System Convention to enhance customs management, facilitate trade, and integrate into the global trading system. This initiative focuses on improving the efficiency and effectiveness of the Comorian tariff system and bolstering capacity building within the customs administration. The goal is to streamline customs procedures, reduce trade barriers, and ultimately contribute to economic growth and development in Comoros.

12/30/2025 Customs Knowledge
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WTO Pact Gains Global Support to Boost Trade in Developing Nations

WTO Pact Gains Global Support to Boost Trade in Developing Nations

To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.

12/30/2025 Customs Knowledge
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Sudan Boosts Customs Security to Spur Economic Growth

Sudan Boosts Customs Security to Spur Economic Growth

Sudan Customs, with the support of the WCO, organized a risk management workshop aimed at enhancing risk management capabilities. The workshop focused on establishing target centers and selective inspection systems. This initiative is crucial for improving customs efficiency and security by enabling Sudan Customs to better identify and manage potential risks associated with trade. The WCO's support underscores the importance of international collaboration in strengthening customs administrations and promoting effective risk management practices.

12/30/2025 Customs Knowledge
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