WCO Publishes 2022 HS Explanatory Notes for Trade Classification

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

The World Customs Organization (WCO) has released the 2022 edition of the Harmonized System Explanatory Notes (HSEN) in print. This provides practical guidance on technical descriptions and classification of goods, serving as the official interpretation of HS codes. Purchase of the print version includes amendment supplements. An online subscription option is also available through the WCO Trade Tools platform. As a global leader in customs affairs, the WCO assists trade professionals in accurate customs clearance.

Palau Updates Tariff System to Boost Trade Efficiency

Palau Updates Tariff System to Boost Trade Efficiency

Palau will host a WCO National Workshop in July 2025, aimed at strengthening tariff classification work and enhancing customs efficiency and international competitiveness. This event offers valuable experience and learning opportunities for customs officials and stakeholders, promoting the facilitation of global trade.

07/02/2025 Logistics
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Latin American Tax Program Enhances Leadership Compliance

Latin American Tax Program Enhances Leadership Compliance

The advanced course on Tax and Customs Administration successfully held its third and fourth editions in Guatemala, providing strategic skills and tools to senior tax and customs officials from Central and South America. Jointly launched by the IMF, the Spanish Institute for Fiscal Studies, and the WCO, the course aims to enhance tax and customs administration and facilitate trade in the region. The upcoming fifth edition will continue to focus on modern management skills and leadership development.

Malawi Strengthens Wildlife Trade Enforcement Via INAMA Project

Malawi Strengthens Wildlife Trade Enforcement Via INAMA Project

The World Customs Organization's INAMA Project aims to enhance the capacity of developing countries' customs administrations to combat illegal wildlife trade. From 2019-2020, the project conducted risk management capacity assessment and enhancement activities in Malawi. Through training and cooperation, it helped the Malawi Revenue Authority strengthen risk identification and response, and promoted regional collaboration to combat illegal wildlife trade and protect endangered species. The project focused on improving customs officials' skills in detecting and intercepting illegal wildlife products.

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.

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.

WCO Tech Innovations Transform Global Border Management

WCO Tech Innovations Transform Global Border Management

This WCO report analyzes the application of disruptive technologies like blockchain and AI in customs, exploring their potential, challenges, and implementation strategies. It discusses how these technologies can revolutionize customs processes, enhance efficiency, and improve security. The report also addresses the hurdles to adoption, such as data privacy concerns and the need for skilled personnel. Finally, it emphasizes the importance of international cooperation and provides recommendations for leveraging disruptive technologies to modernize customs administration and strengthen border security globally.

Global Air Freight Transit Times Key Factors Analyzed

Global Air Freight Transit Times Key Factors Analyzed

International air freight transit time is affected by multiple factors including routes, customs clearance, and transfers. Direct flights are generally faster than connecting flights, and shorter routes offer more stable transit times. Customs clearance efficiency, transfer hubs, and cargo characteristics are also crucial factors. Peak seasons or special cargo may cause delays. Choosing air freight requires comprehensive consideration to ensure fast and safe delivery of goods. Prioritize direct routes and efficient customs procedures for optimal results.

New DDP Shipping Eases International Trade Logistics

New DDP Shipping Eases International Trade Logistics

DDP (Delivered Duty Paid) with customs clearance and taxes included is a convenient international trade method. The seller assumes all responsibilities and costs until the goods are delivered to the buyer's specified location, including customs clearance and taxes. It simplifies the process and reduces risk, making it suitable for buyers lacking customs clearance experience or those who want to control costs. Choosing a reputable freight forwarder and understanding the destination country's policies are crucial for successful DDP shipping.