Bahrain Boosts Customs Efficiency with WCO Audit Clearance Systems

Bahrain Boosts Customs Efficiency with WCO Audit Clearance Systems

The WCO assisted Bahrain in enhancing its Post-Clearance Audit (PCA) and Pre-Arrival Processing (PAP) capabilities to align with the WTO Trade Facilitation Agreement. Bahrain committed to applying the acquired knowledge and skills. The WCO will continue to support Bahrain's customs modernization efforts. This assistance aims to improve efficiency and effectiveness in customs procedures, ultimately facilitating trade and economic growth for Bahrain.

Namibia Adopts Zambias Model for Customs Modernization

Namibia Adopts Zambias Model for Customs Modernization

The Namibian Revenue Agency visited Zambia to learn about customs automation, aiming to improve trade facilitation and implement the WTO's Trade Facilitation Agreement by studying the application of the ASYCUDA World system. The Zambian Revenue Authority shared their experiences in electronic payments and valuation control. This initiative represents a key step for Namibia in building an efficient customs system and promoting economic development.

How To Properly Fill In The Transaction Method In The Export Customs Declaration?

How To Properly Fill In The Transaction Method In The Export Customs Declaration?

This guide provides detailed instructions on how to correctly fill in the 'Transaction Terms' section of the Export Goods Customs Declaration. It outlines the steps and considerations for various international trade terms such as FOB, C&F, and CIF. This not only helps improve customs efficiency but also reduces transaction risks, making it an essential reference for anyone engaged in international trade.

WCO Aids Costa Rica in Strengthening Supply Chains Via AEO

WCO Aids Costa Rica in Strengthening Supply Chains Via AEO

WCO assists Costa Rica in reviewing its AEO manual and strategy to establish a customs-led AEO program, enhancing trade security and efficiency. AEO certification facilitates customs clearance, improves security, and provides international recognition. This initiative aims to streamline trade processes, reduce border delays, and foster a more secure and predictable trading environment for Costa Rican businesses involved in international trade. The focus is on aligning the AEO program with international standards and best practices to maximize its benefits.

WCO and SACU Enhance Trade with IT Connectivity Pact

WCO and SACU Enhance Trade with IT Connectivity Pact

The WCO and SACU are collaborating to promote customs IT interconnectivity and data exchange in Southern Africa. The aim is to enhance customs control efficiency, reduce trade costs, and promote regional economic development by establishing unified standards and strengthening information sharing. The meeting focused on practical information exchange modules under the WCO GNC framework and the application of UNCTAD's cloud solutions in cross-border trade. This lays the foundation for a more efficient and secure international trade environment.

WCO ICC Partner to Streamline Customs Spur Global Recovery

WCO ICC Partner to Streamline Customs Spur Global Recovery

The World Customs Organization and the International Chamber of Commerce jointly issued a statement emphasizing strengthened cooperation to accelerate customs and trade facilitation measures in response to the COVID-19 pandemic. This aims to ensure smooth global trade flows and support economic recovery. Both organizations will focus on supporting small and medium-sized enterprises (SMEs) by providing tools and resources through their respective platforms. They will jointly address challenges and work towards reshaping the global trade system.

WCO Enhances Guyanas Trade Facilitation Capabilities

WCO Enhances Guyanas Trade Facilitation Capabilities

The World Customs Organization (WCO) actively supports trade facilitation in Guyana, providing technical assistance programs covering Time Release Studies, Coordinated Border Management, data harmonization, and Single Window development. Through collaboration with the Guyana Revenue Authority and related agencies, the WCO aims to enhance trade efficiency, optimize customs clearance processes, and inject new vitality into Guyana's economic development. The support focuses on streamlining procedures and improving overall border management to foster a more competitive and efficient trade environment.

Revised Kyoto Convention Hits 100 Members Boosts Global Trade

Revised Kyoto Convention Hits 100 Members Boosts Global Trade

The Kyoto Convention simplifies customs procedures. Thailand and Sierra Leone recently joined, bringing the total number of contracting parties to 101. The convention aims to reduce trade costs and promote economic development by streamlining customs processes and harmonizing standards. This facilitates cross-border trade, making it faster, more predictable, and less expensive for businesses. The increasing number of signatories reflects a global commitment to trade facilitation and the recognition of the Kyoto Convention's importance in achieving this goal.

ASEAN AEO Certification Boosts Smes in Global Trade

ASEAN AEO Certification Boosts Smes in Global Trade

A joint report by the World Customs Organization, World Trade Organization, and International Chamber of Commerce highlights the importance of optimizing AEO programs to lower barriers for SMEs, provide differentiated services, enhance promotion, and strengthen international cooperation. This aims to empower SMEs, achieve more inclusive global trade growth, and shares practical experiences from both businesses and customs administrations. The report emphasizes streamlining processes and offering tailored support to facilitate SME participation in global trade through the AEO framework.