Guide to DDP and DDU Incoterms in Global Shipping

Guide to DDP and DDU Incoterms in Global Shipping

This article delves into the core differences between DDP (Delivered Duty Paid) and DDU (Delivered Duty Unpaid) in international shipping. It provides a detailed comparison of these two Incoterms, highlighting variations in customs clearance responsibilities, tax and duty obligations, risk transfer, and operational complexity. The article offers guidance on choosing between DDP and DDU based on specific scenarios and emphasizes the importance of clear contract terms. This aims to help businesses mitigate risks and optimize costs in international trade by making informed decisions regarding delivery terms.

East Africa Boosts Trade with Regional Audit Collaboration

East Africa Boosts Trade with Regional Audit Collaboration

With the support of the WCO/JICA joint project, the tax authorities of the five East African countries launched a senior trainer program for Post Clearance Audit (PCA) to enhance regional PCA capabilities and promote trade facilitation. By establishing a network of experts, improving training capabilities, and developing cooperation plans, customs administrations in East Africa will strengthen cooperation, address challenges, and contribute to regional economic development. The initiative aims to build a sustainable framework for PCA expertise and collaboration within the East African Community.

Amazon Innovations Boost US Commerce Growth

Amazon Innovations Boost US Commerce Growth

Amazon, a leading U.S. e-commerce giant, has profoundly reshaped the business landscape through its innovative models, efficient logistics, and value-added services. By engaging in government-business partnerships and tax agreements, Amazon strives to align its growth with social responsibility. Faced with challenges, Amazon remains committed to innovation, leading the development of the e-commerce industry and bringing convenience to global consumers. Its focus on customer experience and technological advancements continues to solidify its position as a dominant force in the digital marketplace.

Chinas PVC Export Policy Shift Boosts TPE and Advanced Plastics Demand

Chinas PVC Export Policy Shift Boosts TPE and Advanced Plastics Demand

The cancellation of PVC export tax rebates in China is accelerating industry reshuffling and environmental transformation. TPE, with its environmental advantages, is seeing substitution opportunities in toys, automotive, and medical fields. Breakthroughs in domestic SEBS technology are reducing costs. Upgrading toughening systems for daily-use plastics, SBS, POE, and SEBS have become core options. Companies should seize these opportunities, accelerate formula iteration and process upgrades, focus on niche markets, and achieve sustainable development. This shift presents both challenges and prospects for businesses adapting to the evolving landscape.

West Africa Security Project Emphasizes Gender Equality

West Africa Security Project Emphasizes Gender Equality

The West Africa Security Project (WASP) aims to enhance border security in West Africa by supporting partner countries in developing and implementing gender-sensitive and inclusive policies through its Gender Equality and Diversity (GED) component. Utilizing the WCO's GEOAT tool and training, the project assists customs administrations in comprehensively implementing GED across human resources, border operations, and stakeholder cooperation. This contributes significantly to security and sustainable development in the West African region.

RILO Report Highlights Smuggling Trends in Eastern Europe Central Asia

RILO Report Highlights Smuggling Trends in Eastern Europe Central Asia

RILO Eastern and Central Europe (ECE) has released the latest edition of its 'Herald' magazine. This issue features articles from Albanian and Moldovan intelligence liaisons, showcasing recent project operations and WCO activity information. The magazine provides valuable intelligence on smuggling crime for customs, border management, and law enforcement officials. It serves as a key resource for understanding current trends and fostering international cooperation in combating illicit trade and enhancing border security within the region.

Shipping Surcharge Reduction Offers Over 200 Million Relief to Export Enterprises

Shipping Surcharge Reduction Offers Over 200 Million Relief to Export Enterprises

With the accelerated implementation of the export tax rebate policy, many international shipping companies are reducing shipping surcharges, expecting to relieve burdens on national export enterprises by over 200 million yuan annually. This series of measures to standardize fees will effectively address the issue of high surcharges faced by companies in the shipping sector. The government places great importance on the burdens faced by foreign trade enterprises, aiming to promote stable growth in foreign trade through lower fees, helping businesses to meet challenges and create a more transparent and fair trading environment.

07/21/2025 Logistics
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WCO Implements New Trade Valuation Rules to Boost Revenue

WCO Implements New Trade Valuation Rules to Boost Revenue

The WCO Technical Committee on Customs Valuation has adopted two new advisory opinions concerning the valuation treatment of income tax in royalties and the valuation of buyer's own trademarks on imported goods. These new rules aim to enhance certainty and transparency in customs valuation, promote international trade facilitation, optimize customs revenue, and ensure the healthy development of global trade. They provide guidance on complex valuation issues, contributing to a more predictable and equitable international trade environment. The opinions seek to clarify existing valuation principles and address practical challenges faced by customs administrations and traders alike.

WCO Launches Elearning on Python ML for Customs Modernization

WCO Launches Elearning on Python ML for Customs Modernization

The World Customs Organization (WCO) has launched a Data Quality E-Learning course to enhance data analysis skills of customs officials, ensuring data quality at the source and unlocking its value. The course covers data quality assessment, cleaning techniques, Python programming, and machine learning algorithm applications. It supports the intelligent transformation of customs departments and improves the accuracy of risk goods identification and tax revenue forecasting. The course aims to equip customs officials with the necessary skills to leverage data effectively for improved decision-making and operational efficiency.

Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.