WCO Establishes Global Ecommerce Trade Standards

WCO Establishes Global Ecommerce Trade Standards

The World Customs Organization (WCO) E-Commerce Working Group has finalized a comprehensive e-commerce package. This aims to promote the standardization, efficiency, and sustainability of global cross-border e-commerce through a standardized framework, technical specifications, and implementation strategies. The package covers various aspects, including terminology definitions, technical specifications, and tax collection. Following review by various committees, it is expected to be promoted and implemented globally, facilitating trade and harmonizing practices in the rapidly growing e-commerce sector.

01/30/2026 Customs Knowledge
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Pandemic Disrupts Used Aircraft Parts Market Recovery Underway

Pandemic Disrupts Used Aircraft Parts Market Recovery Underway

The COVID-19 pandemic has significantly impacted the used aircraft materials (USM) market, causing a sharp decline in transaction volume. However, the pandemic has also accelerated aircraft retirements, increasing the USM supply and prompting airlines to prioritize cost control and embrace USM. Tools like MRO SmartHub will enhance USM transaction efficiency and contribute to the aviation industry's recovery. Digital transformation, supply chain optimization, and quality control will be crucial development trends in the USM market in the future.

01/16/2026 Logistics Industry Insights
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Guide to Streamlining Service Delivery Transactions

Guide to Streamlining Service Delivery Transactions

This article provides a detailed interpretation of the delivery and acceptance stages in service transactions. It covers the time limit and procedures for merchants to confirm delivery, the process and significance of buyers confirming delivery, and the rules for buyers to apply for extending the acceptance period. The aim is to help both buyers and sellers understand transaction rules, avoid disputes, and improve transaction efficiency. This ensures a smoother and more transparent process for all parties involved.

01/22/2026 Customs Knowledge
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