Trade Facilitation Key to Equitable Growth in Developing Nations

Trade Facilitation Key to Equitable Growth in Developing Nations

This proposal emphasizes the need to fully consider the special circumstances of developing countries in trade facilitation negotiations, closely linking technical assistance and capacity building (ATRC) with obligations to build a mutually beneficial partnership. The core elements include demand-driven ATRC, the coordinating role of the WTO, phased implementation of commitments, and prioritization of dispute resolution. The aim is to ensure that trade facilitation benefits all countries, especially developing and least developed countries. It highlights the importance of tailored support and a collaborative approach to achieve inclusive and sustainable trade growth.

02/06/2026 Customs Knowledge
Read More
Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka established the National Trade Facilitation Committee (NTFC) to coordinate domestic departments in cross-border trade and promote the implementation of trade facilitation measures, thereby driving national economic development. The NTFC will be responsible for policy consultation, supervision and evaluation, strategic coordination, departmental coordination, problem identification and resolution, information center construction, and international cooperation. By optimizing trade processes and improving trade efficiency, it aims to promote economic growth. The NTFC is expected to streamline procedures and enhance Sri Lanka's competitiveness in the global market.

02/06/2026 Customs Knowledge
Read More
Firms Boost Success by Aligning Policies with Execution

Firms Boost Success by Aligning Policies with Execution

This paper delves into the critical functions of the Policy Standards Department and the Execution Capability Development Department. The Policy Standards Department is responsible for setting norms, controlling revenue, and promoting technological innovation. The Execution Capability Development Department focuses on translating policies into practical actions and enhancing the execution skills of organizational members. Their collaborative work ensures the efficient operation of the organization. This synergy is vital for achieving strategic goals and maintaining a competitive edge.

02/06/2026 Customs Knowledge
Read More
Global Trade Adopts PLACI for Safer Air Cargo

Global Trade Adopts PLACI for Safer Air Cargo

The 12th TEGACS Conference adopted the PLACI guiding principles, marking a significant upgrade in air cargo security. Pilot programs were initiated in the EU, US, and Canada, with enhanced cooperation between the WCO and ICAO. Technology is leveraged to address emerging challenges. PLACI aims to proactively identify risks, improve efficiency, and reshape the global trade landscape, achieving a balance between security and efficiency. This initiative seeks to streamline processes while ensuring robust security measures are in place for air cargo transportation worldwide.

02/06/2026 Customs Knowledge
Read More
New Registry Simplifies Art Import and Export Processes

New Registry Simplifies Art Import and Export Processes

We provide artwork import & export registry enrollment form templates to facilitate smooth registration and streamline the import/export process. We also offer assistance with fine art import & export license applications, resolving licensing challenges and enabling artwork to circulate globally. This service simplifies the complexities of international art trade, ensuring compliance and efficient movement of artworks across borders. Our goal is to make artwork trading easier for artists, collectors, and galleries.

08/21/2025 Document Interpretation
Read More
Supply Chains Lag in Cloud Adoption Risking Digital Failure

Supply Chains Lag in Cloud Adoption Risking Digital Failure

Research indicates a strong desire for cloud technology adoption among supply chain companies, but implementation lags due to cultural and goal-related obstacles. The report recommends a phased deployment approach, prioritizing high-impact areas like supply chain visibility, planning, and analytics. Continuous optimization and employee training are crucial to capitalize on cloud technology opportunities and gain a competitive edge. Companies should focus on incremental progress and building internal capabilities to successfully navigate the digital transformation journey with cloud solutions.

01/28/2026 Logistics Industry Insights
Read More
Guide to Costeffective Shipping to Hong Kong

Guide to Costeffective Shipping to Hong Kong

This article provides a comprehensive guide for sending packages to Hong Kong, covering the selection of courier companies, cost estimation, package preparation, filling out shipping forms, understanding import regulations, and tracking status. It ensures that your package arrives at its destination smoothly while avoiding potential issues and costs.

08/07/2025 Logistics Encyclopedia
Read More
Shipping Industry Grapples With Missing Cargo and Delivery Errors

Shipping Industry Grapples With Missing Cargo and Delivery Errors

Facing cargo shortages, abandoned goods, or unclear destination port information? This article gathers freight forwarding experience to provide solutions for original pre-entry documents. It recommends clearly specifying destination port agent information in confirmation documents. This helps ensure efficient operation of foreign trade logistics by addressing potential issues proactively and improving communication throughout the shipping process. By implementing these measures, businesses can mitigate risks and streamline their export procedures.

08/23/2025 Logistics Encyclopedia
Read More
Freight Forwarding Strategies to Cut Costs and Errors

Freight Forwarding Strategies to Cut Costs and Errors

This article shares practical experiences in freight forwarding, addressing document discrepancies, container weight restrictions, and cancellation fees. It emphasizes the importance of document consistency and provides solutions. The article advises freight forwarders to confirm weight limits with shipping companies before booking and to pay attention to the accuracy of equipment interchange receipts. Finally, it highlights the importance of negotiating cost responsibility with overseas partners before canceling shipments to avoid unexpected expenses.

08/23/2025 Logistics Encyclopedia
Read More
Guide to Avoiding Overpayment on Import Fees

Guide to Avoiding Overpayment on Import Fees

This article provides an in-depth analysis of the composition of import switch fees, revealing the detailed breakdown of various charges and offering practical advice on avoiding duplicate and unreasonable fees. It aims to help importers understand the reasonable range of switch fees and choose reputable freight forwarding companies, thereby effectively controlling costs and protecting their own interests.

09/26/2025 Logistics Encyclopedia
Read More