Pacific Islands Boost Tax Revenue with Regional Training

Pacific Islands Boost Tax Revenue with Regional Training

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), launched the 'Master Training Program (MTP)' to enhance the revenue management capacity of Customs administrations in Pacific Island Countries. The program focuses on developing tax experts and improving the accuracy of customs valuation and HS code classification, thereby promoting trade facilitation and sustainable economic development. Pacific Island Customs administrations have identified revenue-related issues as a primary focus of the MTP.

02/03/2026 Customs Knowledge
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WCO Enhances Georgias Tax Valuation for Modern Administration

WCO Enhances Georgias Tax Valuation for Modern Administration

The World Customs Organization (WCO) conducted a valuation workshop for the Georgian Revenue Service (GRS) to enhance the expertise of customs officials in areas such as royalties, risk analysis, advance rulings, and transfer pricing. By focusing on challenges and sharing the 'WCO Guide to Customs Valuation and Transfer Pricing,' the workshop strengthened cooperation between customs and tax authorities. This initiative supports the modernization of tax administration in Georgia and helps maintain international trade order.

01/07/2026 Customs Knowledge
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WCO Boosts Global Trade with New Performance Metrics

WCO Boosts Global Trade with New Performance Metrics

The World Customs Organization has launched the second round of its Performance Measurement Mechanism, aiming to empower member customs administrations to improve strategic decision-making and overall effectiveness through a standardized assessment framework. This mechanism covers key areas such as trade facilitation, revenue collection, and security, promoting global customs modernization and contributing to trade facilitation and economic security. A call is made for active participation from all members to jointly build an efficient and secure global customs system. This initiative will help customs administrations enhance their performance and contribute to a safer and more prosperous global trade environment.

01/30/2026 Customs Knowledge
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Key SWIFT Code Tips for Hasslefree International Transfers

Key SWIFT Code Tips for Hasslefree International Transfers

The accurate use of SWIFT/BIC codes is crucial for international remittances. This article provides a detailed analysis of the structure of the LNCBLYLT056 code and emphasizes key points to confirm before making a remittance. It recommends using Xe for efficient and low-fee international remittance services to achieve better exchange rates and user experience.

08/12/2025 International Settlement
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Bank of Montreal SWIFT Code Guide for Global Transfers

Bank of Montreal SWIFT Code Guide for Global Transfers

This article discusses the SWIFT/BIC code BOFMCAM2XXX of the Bank of Montreal in Canada, highlighting its important role in international remittances and the associated fee implications. A case of remittance to France illustrates the need for caution when confirming the transfer amount and timing to ensure the safe and efficient flow of funds.

08/15/2025 International Settlement
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Unveiling the Air Freight Costs from Zhengzhou to Bilbao A High-value Choice with Turkish Airlines TK

Unveiling the Air Freight Costs from Zhengzhou to Bilbao A High-value Choice with Turkish Airlines TK

This article details the air freight costs from Zhengzhou to Bilbao with Turkish Airlines TK. The standard shipping fee for general cargo is 145 RMB per kilogram. It includes information about the flight route and specific flight details, while reminding customers to be aware of other potential charges. Additionally, it offers convenient customer consultation services.

07/22/2025 Logistics
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Overview Of Shipping Costs From Japan To China

Overview Of Shipping Costs From Japan To China

This article discusses the costs, shipping methods, and considerations for sending packages from Japan to China. It provides an analysis of the fee structure for EMS and SAL services, emphasizing the weight-based pricing standard and the importance of purchasing insurance. This information is intended for consumers who need to engage in international shipping.

07/23/2025 Logistics
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WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

01/05/2026 Customs Knowledge
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