Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

The Revised Kyoto Convention (RKC) has surpassed 100 contracting parties, with Thailand and Sierra Leone's accession further boosting global trade facilitation. The convention aims to simplify and harmonize customs procedures by applying information technology and risk management, improving customs efficiency and reducing trade costs. The World Customs Organization (WCO) actively promotes the RKC's implementation and encourages more members to join, fostering global trade prosperity. The growing number of signatories demonstrates the international commitment to streamlined customs processes and enhanced trade efficiency.

WCO Promotes Data Analytics for Smarter Customs and Trade Growth

WCO Promotes Data Analytics for Smarter Customs and Trade Growth

The World Customs Organization (WCO) holds data analysis workshops to promote its application in customs and enhance management effectiveness. Through data analysis, customs can achieve goals like risk management, trade compliance, trade facilitation, and revenue collection, ultimately realizing digital transformation and building smart customs. Facing challenges in data quality, security, talent, and technology, customs must actively embrace data analysis and serve national economic development. This includes leveraging data to improve efficiency and effectiveness in various customs operations.

Baishan Airport Streamlines Air Freight Clearance with NBS Code

Baishan Airport Streamlines Air Freight Clearance with NBS Code

This article focuses on Baishan Airport (NBS), detailing the application value of its three-letter code in air freight and providing a practical clearance guide. It also recommends the West Coast Freight Network's three-letter code query system and other air freight tools to help readers efficiently and conveniently conduct global logistics operations. The article aims to simplify the process of understanding and utilizing airport codes for smoother air freight clearance and logistics tracking.

US Reciprocal Tariffs Disrupt Global Trade End T86 Clearance

US Reciprocal Tariffs Disrupt Global Trade End T86 Clearance

The implementation of the US "reciprocal tariffs" policy and the cancellation of the T86 clearance model have significantly impacted the cross-border e-commerce industry. This article analyzes the policy's effects, proposes corresponding strategies, and explores the future direction of the global trade landscape. Facing these challenges, open cooperation is the right path for the development of global trade.

Crossborder Logistics Key Differences Between DDP and Taxinclusive Clearance

Crossborder Logistics Key Differences Between DDP and Taxinclusive Clearance

This article provides an in-depth analysis of the differences between "Double Clear Customs & Tax Included" and "DDP" in cross-border logistics. It compares these two options from various aspects, including definition, responsibilities, process, and risks. The aim is to assist cross-border sellers in selecting the most suitable logistics solution based on factors such as company size, cargo attributes, and market environment. By carefully considering these factors, sellers can mitigate potential risks and maximize profits.

Moldova Boosts Customs Skills with WCO HS Workshop

Moldova Boosts Customs Skills with WCO HS Workshop

The World Customs Organization (WCO) and the Customs Service of Moldova jointly organized a national workshop on the Harmonized System (HS). The workshop aimed to enhance the capacity of Moldovan Customs in tariff classification. Covering HS coding rules, case studies, and international classification practices, the seminar sought to improve customs operational efficiency, facilitate international trade, and strengthen cooperation between Moldovan Customs and international organizations. The focus was on building expertise and ensuring accurate application of the HS for effective customs administration.

WCO Enhances Kyrgyzstans Customs with Preruling System

WCO Enhances Kyrgyzstans Customs with Preruling System

The World Customs Organization (WCO) supports the Kyrgyz Republic Customs in developing an advance ruling system to enhance customs valuation efficiency and trade facilitation. Through workshops and capacity building, the WCO assists Kyrgyz Customs in building an efficient, transparent, and reliable advance ruling system. This aims to reduce trade risks for businesses, optimize supply chain management, and improve customs control effectiveness, ultimately promoting global trade facilitation. The system is expected to provide clarity and predictability, leading to smoother customs procedures and reduced delays.

WCO Enhances Ecuadors Customs Valuation for Revenue Growth

WCO Enhances Ecuadors Customs Valuation for Revenue Growth

The WCO provided online training on customs valuation to Ecuadorian Customs, enhancing their valuation capabilities, promoting trade compliance, and safeguarding revenue collection. This initiative aimed to improve the accuracy and efficiency of customs valuation processes within Ecuador, ensuring fair and transparent trade practices. By strengthening the skills of customs officers in valuation techniques, the WCO training contributes to a more robust and reliable customs system, ultimately benefiting both the government and legitimate traders.

WCO Launches Leadership Program for Palestinian Customs Officers

WCO Launches Leadership Program for Palestinian Customs Officers

The WCO conducted a leadership workshop for Palestinian Customs, aiming to enhance the skills of middle and senior managers and support customs modernization. The workshop received positive feedback from participants. The training focused on improving leadership capabilities within the customs administration to facilitate more effective operations and contribute to the overall modernization efforts of Palestinian Customs. This initiative is expected to have a significant impact on the efficiency and effectiveness of customs procedures in Palestine.