Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

The Zheshang Bank NRA account is an ideal choice for foreign trade enterprises, effectively solving cross-border payment collection and foreign exchange settlement issues, and helping enterprises expand into the global market. This account features multiple advantages, including fund freedom, fee reduction, diverse channels, rich currencies, and flexible interest rates. It is suitable for enterprises with overseas trade needs, overseas registered companies, and financial institutions. Choose Zheshang Bank's NRA account for smooth global trade.

12/30/2025 International Settlement
Read More
WCO ENFORCE Team Up to Stop Illegal Waste Shipments

WCO ENFORCE Team Up to Stop Illegal Waste Shipments

The World Customs Organization (WCO), through its Environment Programme, actively participates in optimizing the Regulatory Compliance Environment Network (ENFORCE) initiative, aiming to strengthen Customs' role in combating the illegal transboundary movement of waste. The WCO will assist ENFORCE members in connecting with national Customs administrations, providing training, and coordinating operations to enhance Customs enforcement capabilities and collectively build a global environmental security network. This will contribute to a more secure and sustainable environment by preventing the illegal dumping and trafficking of hazardous waste.

01/05/2026 Customs Knowledge
Read More
WCO Aids Asiapacific in Plastic Waste Management Reform

WCO Aids Asiapacific in Plastic Waste Management Reform

The World Customs Organization (WCO) completed virtual diagnostic missions to Indonesian and Philippine Customs to assist in implementing the Basel Convention's plastic waste amendments. The project covers strategy, legal frameworks, procedures, enforcement, policy, and capacity building. It will provide detailed implementation plans and regional workshops to strengthen customs controls on plastic waste trade in the Asia-Pacific region. This initiative aims to enhance the collective response to the challenges posed by plastic waste and improve customs' ability to effectively manage its transboundary movement.

01/05/2026 Customs Knowledge
Read More
WCO and Eswatini Revenue Authority Launch Training Evaluation Pilot

WCO and Eswatini Revenue Authority Launch Training Evaluation Pilot

The World Customs Organization (WCO), in collaboration with the Eswatini Revenue Authority (ERA), launched a pilot training evaluation project to enhance customs officers' capabilities and optimize processes. This project utilizes a five-level evaluation model to comprehensively assess training effectiveness and support the HS-Africa Project and the Training of Trainers program. The project's findings will be shared at the WCO Capacity Building Committee meeting, contributing to global customs capacity building efforts. This initiative aims to improve efficiency and effectiveness within customs administrations.

01/05/2026 Customs Knowledge
Read More
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.

01/07/2026 Customs Knowledge
Read More
WCO Advocates Gender Equality to Strengthen Supply Chains

WCO Advocates Gender Equality to Strengthen Supply Chains

On International Women's Day, the World Customs Organization (WCO) emphasized empowering women's leadership and promoting gender equality and diversity to build more resilient and sustainable supply chains. Through the release of the 'Compendium on Gender Equality and Diversity in Customs' and ongoing training and collaboration, the WCO is committed to advancing gender equality and diversity within the global customs community. These efforts contribute to building a more just and prosperous world by fostering inclusivity and equal opportunities within international trade and customs practices.

01/26/2026 Customs Knowledge
Read More
WCO Promotes Gender Equality to Strengthen Global Trade

WCO Promotes Gender Equality to Strengthen Global Trade

The World Customs Organization (WCO) Virtual Working Group (VWG) on Gender Equality and Diversity convened to explore how to enhance collaboration with the private sector to promote gender-inclusive trade facilitation, better addressing the needs of women traders and marginalized groups. The WCO is building a more gender-equal customs environment through initiatives like online learning modules and the 'Women in Customs' campaign. These efforts aim to ensure that customs procedures and policies are equitable and supportive of all stakeholders, regardless of gender.

01/30/2026 Customs Knowledge
Read More
Zimbabwe Tax Authority Gains from WCO Leadership Program

Zimbabwe Tax Authority Gains from WCO Leadership Program

The WCO held a workshop in Zimbabwe to enhance the management capabilities of ZIMRA, promoting customs modernization and trade development. The workshop aimed to improve tax efficiency and international competitiveness. Key areas covered included leadership development strategies tailored for customs and tax administration. Participants explored best practices in streamlining customs procedures, leveraging technology for tax collection, and fostering a culture of compliance. The ultimate goal is to bolster Zimbabwe's economic growth through efficient and effective revenue collection and enhanced trade facilitation.

12/30/2025 Customs Knowledge
Read More
Ecommerce Sellers Face Risks from Underdeclaring Shipments

Ecommerce Sellers Face Risks from Underdeclaring Shipments

AliExpress sellers should be wary of customer requests for under-declaration, as compliance can lead to customs fines and buyer refund risks. Brazilian customs inspections are strict, and VAT collection by platforms in the EU market renders under-declaration pointless. Under the DDP model, customs duties are already collected by the platform. Sellers should refuse unreasonable requests, clearly define responsibilities in communication, and retain evidence to protect themselves. Ignoring these issues can lead to significant financial and legal repercussions for AliExpress businesses.

01/07/2026 Customs Knowledge
Read More
Botswana Strengthens Environmental Enforcement at Borders

Botswana Strengthens Environmental Enforcement at Borders

The World Customs Organization, in collaboration with UNEP and others, held a workshop for Botswana Customs to enhance their understanding of the Basel and Montreal Conventions. This initiative aims to strengthen their capacity to control the cross-border movement of hazardous waste and ozone-depleting substances. The workshop supports Botswana in building a green border and similar activities are planned for other beneficiary countries. The goal is to improve customs' ability to enforce environmental agreements and protect the environment through effective border management.

01/26/2026 Customs Knowledge
Read More