WCO Tackles Ecommerce Challenges at Davos Forum

WCO Tackles Ecommerce Challenges at Davos Forum

The Secretary General of the World Customs Organization attended the Davos Forum, focusing on the opportunities and challenges presented by cross-border e-commerce. Through multilateral meetings, the crucial role of customs in trade facilitation was emphasized. The Secretary General actively advocated for data sharing, technology application, and international cooperation, aiming to build a secure and efficient cross-border e-commerce ecosystem and enhance the influence of customs in global trade. The discussions highlighted the need for collaborative efforts to address evolving complexities and ensure seamless trade flows in the digital age.

Easyya Raises Series B to Expand Smart Virtual Factories for Global Ecommerce

Easyya Raises Series B to Expand Smart Virtual Factories for Global Ecommerce

Cross-border virtual factory intelligent platform Yi Ya has completed a multi-million RMB Series B funding round and reached a strategic cooperation with a state-owned assets platform in Guangdong Province. Yi Ya focuses on supply chain integration and technological innovation, developing high-quality products for cross-border e-commerce sellers through big data product selection, creating a "super virtual factory." Yi Ya has also launched an "Amazon Brand Acquisition Program" to help SMEs go global and generate revenue, creating a three-dimensional development model for overseas brands.

Kenyas AEO Program Enhances Trade with WCO Backing

Kenyas AEO Program Enhances Trade with WCO Backing

With Sida's support, the WCO conducted AEO training for Kenya Customs, promoting cross-border cooperation and trade facilitation. The training recommended strengthening policy coordination and risk management to foster mutual recognition cooperation. This initiative aims to enhance the efficiency and security of the supply chain, benefiting both Kenya and its trading partners by streamlining customs procedures and reducing trade barriers. The focus on AEO implementation contributes to a more predictable and reliable trading environment.

WCO Advances Global Trade with Tech and Collaboration

WCO Advances Global Trade with Tech and Collaboration

The 221st/222nd sessions of the WCO Permanent Technical Committee (PTC) focused on technical innovation and cooperation. Discussions covered topics such as railway cooperation, cross-border e-commerce, and indirect tax collection. The meeting also addressed the challenges faced by Small Island Economies and highlighted emerging areas like gender equality and the future direction of customs. The PTC aims to promote global trade facilitation and security through these discussions and collaborative efforts.

DRC Franc to Chinese Yuan Exchange Rates Stabilize

DRC Franc to Chinese Yuan Exchange Rates Stabilize

Dashu Cross-border provides real-time exchange rate inquiries, historical data analysis, and quick conversions for common amounts from Congolese Franc to Chinese Yuan, helping you understand exchange rate trends and optimize cross-border transaction strategies. As a reliable assistant for your cross-border business, we also offer exchange rate risk management, cross-border payment solutions, and professional consulting services to help you calculate carefully and achieve your cross-border dreams.

Peru Bolivia Enhance Customs Ties to Streamline Trade

Peru Bolivia Enhance Customs Ties to Streamline Trade

Customs cooperation between Peru and Bolivia focuses on exchanging experiences in risk management and customs laboratories. The collaboration aims to enhance trade facilitation and promote regional economic development. This includes sharing best practices and exploring collaborative strategies to improve efficiency and security in cross-border trade. The initiative seeks to streamline customs procedures, reduce trade barriers, and foster a more competitive and integrated regional market. Ultimately, this cooperation contributes to economic growth and strengthens ties between the two nations.

US Aims to Streamline Border Regulations for Transparency

US Aims to Streamline Border Regulations for Transparency

This article explores the importance of enhancing the transparency and predictability of customs regulation and its impact on trade facilitation. It proposes effective improvement measures such as information disclosure, regulatory standardization, feedback mechanisms, technology application, and training, aimed at promoting stability in global trade.

WCO Guidelines Boost Global Trade and Border Efficiency

WCO Guidelines Boost Global Trade and Border Efficiency

The 2017 WCO Global Transit Conference focused on improving cross-border transportation efficiency, releasing the 'Transit Guidelines' which emphasized the importance of political will, technological application, and international cooperation. The conference explored the development challenges faced by landlocked countries and shared successful experiences such as the EU's NCTS and the TIR Convention. The aim was to build a more efficient, convenient, and secure global transit ecosystem. The guidelines and discussions highlighted the need for harmonized procedures and data exchange to streamline transit operations.

Global Trade Adopts Coordinated Border Management for Security

Global Trade Adopts Coordinated Border Management for Security

Coordinated Border Management (CBM) aims to enhance trade efficiency while ensuring security and compliance. It requires inter-agency cooperation, risk management, and political support to address challenges and achieve mutual benefits for all stakeholders. CBM seeks to streamline processes, reduce costs, and improve the overall competitiveness of international trade. Effective implementation necessitates a holistic approach that considers both economic and security imperatives, fostering a collaborative environment between border agencies and trading communities. Ultimately, CBM contributes to sustainable economic growth and enhanced national security.

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.