Hungary Conference Explores Tax and Customs Cooperation Reforms

Hungary Conference Explores Tax and Customs Cooperation Reforms

A tax and customs cooperation conference held in Hungary focused on improving the synergistic efficiency of tax and customs departments. The World Customs Organization emphasized the importance of data sharing, joint risk management, and capacity building. The conference also commemorated Hungarian customs pioneers and explored future cooperation trends towards intelligence and synergy, aiming to build a more prosperous and secure international trade environment. The discussions highlighted the need for streamlined processes and enhanced collaboration to facilitate legitimate trade while combating illicit activities.

01/05/2026 Customs Knowledge
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WCO and Japan Launch Global Customs Training Program

WCO and Japan Launch Global Customs Training Program

The WCO-Japan Career Development Programme (CDP) is considered a prestigious training ground for customs professionals globally, aiming to enhance the expertise of customs officials from various countries and foster international cooperation. The program combines theoretical learning with practical exercises, providing participants with comprehensive career development opportunities. It contributes to global trade facilitation and security by equipping customs officers with the necessary skills and knowledge to navigate complex international trade environments. The CDP plays a vital role in building capacity within customs administrations worldwide.

01/05/2026 Customs Knowledge
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IRU Training Enhances Customs Efficiency and Trade Security

IRU Training Enhances Customs Efficiency and Trade Security

IRU's TIR-EPD training enhances customs efficiency and trade security. This program focuses on leveraging the Electronic Pre-Declaration (EPD) system to facilitate trade and improve risk management. By equipping customs officials with the necessary skills and knowledge to utilize EPD effectively, the training contributes to faster border crossings, reduced delays, and a more secure supply chain. Ultimately, the TIR-EPD training promotes seamless international road transport and strengthens global trade relationships through improved customs procedures.

01/05/2026 Customs Knowledge
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Customs and Logistics Innovations Boost Global Trade Efficiency

Customs and Logistics Innovations Boost Global Trade Efficiency

The WCO Deputy Secretary General attended the FITAC International Conference, discussing the role of customs and logistics in global competitiveness. The conference highlighted the critical role of customs in promoting economic development, focusing on two key topics: customs-business partnerships and customs modernization. The aim is to build an efficient, convenient, and secure global trade environment, helping businesses succeed in the global market. The discussions emphasized the importance of collaboration and innovation to streamline processes and enhance security, ultimately boosting economic growth and trade facilitation.

12/30/2025 Logistics
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Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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African Customs Agencies Boost Trade and Capacity Efforts

African Customs Agencies Boost Trade and Capacity Efforts

The 19th meeting of the Customs Management Council of the Eastern and Southern Africa (ESA) region focused on trade facilitation and capacity building. Emphasis was placed on the implementation of the WTO Trade Facilitation Agreement (TFA). Discussions covered regional cooperation, financial management, and the appointment of the WCO Director. The meeting aimed to promote African trade growth and regional economic integration through innovative customs procedures. Furthermore, the goal was to enhance customs efficiency and risk management capabilities within the ESA region.

12/30/2025 Customs Knowledge
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WCO Advances Digital Customs Transformation and Global Cooperation

WCO Advances Digital Customs Transformation and Global Cooperation

The WCO Technical Committee meeting focused on the future development of customs, exploring digital transformation, performance evaluation, and innovative cooperation models. The meeting emphasized the importance of strategic direction, technology application, and partnerships, aiming to enhance the role of customs in global trade facilitation and security. Discussions centered on leveraging digital tools to streamline processes, establishing effective performance metrics, and fostering collaboration to address emerging challenges. The ultimate goal is to create more efficient, secure, and transparent customs operations worldwide.

12/30/2025 Customs Knowledge
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WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Case Study 14.2 examines the relationship between customs valuation and transfer pricing, based on a Chinese case. It emphasizes cooperation between customs and tax authorities to help enterprises avoid valuation risks and enhance regulatory capabilities. The study highlights the importance of coordinated efforts in addressing the challenges posed by the intersection of these two areas in international trade. This collaboration aims to ensure fair and accurate valuation practices, contributing to a more transparent and efficient global trading system.

01/05/2026 Customs Knowledge
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Customs Detentions Causes Durations and Outcomes for Imports

Customs Detentions Causes Durations and Outcomes for Imports

Customs detention of international logistics cargo often occurs due to suspected illegal activities or smuggling. The detention period typically does not exceed one year, with a maximum of two years, excluding periods for reconsideration and litigation. Possible outcomes include release of the cargo, pre-emptive sale, payment of duties, confiscation, or forfeiture. Timely communication and cooperation with the investigation are crucial for resolving the issue and minimizing potential losses. Understanding the reasons for detention and providing necessary documentation can expedite the process.

01/16/2026 Customs Knowledge
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Japan Air Freight Streamlining Customs and Avoiding Delays

Japan Air Freight Streamlining Customs and Avoiding Delays

This article provides an in-depth analysis of the essential documents required for international air freight to Japan, covering both general documents and supplementary documents for special goods. It details the transit times for various air freight methods (ranging from 1 to 7 days). Furthermore, it offers practical advice on optimizing delivery speed and mitigating potential risks, helping businesses efficiently manage their air freight operations to Japan. The analysis focuses on streamlining the process and ensuring compliance with Japanese customs regulations.

01/15/2026 Logistics Encyclopedia
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