WCO Urges Global Trade Resilience at BASC Congress

WCO Urges Global Trade Resilience at BASC Congress

The WCO Deputy Secretary General highlighted the importance of international trade resilience at the 10th World BASC Congress. He presented the WCO's work in standardizing customs procedures, promoting international cooperation, and building capacity, with specific mention of the SAFE Framework and its positive impact on AEO programs. The WCO will continue to collaborate with stakeholders to address international trade challenges and promote global economic prosperity. The speech underscored the critical role of customs in ensuring secure and efficient global supply chains.

Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia has officially joined the Revised Kyoto Convention, becoming its 116th contracting party, marking a significant step in its trade facilitation efforts. The Convention, considered the "gold standard" for global trade facilitation, promotes international trade development through simplified customs procedures and increased transparency. The World Customs Organization encourages more countries to join, working together to build an open and efficient global trade system. This accession highlights Georgia's commitment to streamlining trade processes and fostering economic growth through adherence to international standards.

Bahrain Hosts Regional WTO Trade Facilitation Workshop

Bahrain Hosts Regional WTO Trade Facilitation Workshop

In 2015, the World Customs Organization (WCO) held the 3rd Regional Workshop on the Trade Facilitation Agreement (TFA) in Bahrain, aiming to promote understanding and implementation of the TFA in the Middle East and North Africa (MENA) region. The workshop brought together customs and trade experts to discuss key TFA provisions, technical assistance, institutional cooperation, and member case studies. During the event, Japan announced its ratification of the TFA, injecting new momentum into trade facilitation efforts in the MENA region.

Freight Forwarder Addresses Cargo Inspection Delays

Freight Forwarder Addresses Cargo Inspection Delays

This paper explores common issues in freight forwarding, such as inspection delays, integrated export customs sealing, and ENS data modification, based on questions and experience shared by freight forwarding forum user WHZC. By analyzing potential costs, impacts, and offering suggestions, it aims to help freight forwarding professionals better respond to unexpected situations, improve work efficiency, and reduce operational risks. The discussion provides practical insights for navigating challenges related to customs inspections and export procedures, ultimately contributing to smoother and more efficient freight forwarding operations.

Betoota Airport BTX Expands Outbound Freight Operations

Betoota Airport BTX Expands Outbound Freight Operations

This article details the three-letter code for Betoota Airport (BTX) and related air freight information, highlighting West Bank Freight's three-letter code inquiry system. This system contains global airport information, providing convenient search functionality to help users efficiently complete international air freight operations. The article also explains the difference between customs airports and non-customs airports, as well as the relationship between city codes and airport codes, providing readers with comprehensive air freight knowledge. This system aims to streamline air freight operations for users.

Importers Face Challenges With Bonded Goods Deferred Duties

Importers Face Challenges With Bonded Goods Deferred Duties

Bonded goods refer to imported commodities for which customs duties are temporarily not paid and are required to be stored in a bonded warehouse under customs supervision. This system provides enterprises with financial flexibility, simplifies trade processes, and ensures the safety of goods. During the bonded period, goods can also undergo simple processing, repackaging, and re-export trade, promoting international trade development. This allows businesses to defer duty payments until the goods are actually released into the domestic market, improving cash flow and competitiveness.

WCO Workshop Enhances Namibias IP Enforcement

WCO Workshop Enhances Namibias IP Enforcement

The WCO held a workshop in Namibia to enhance intellectual property rights enforcement capabilities of Customs administrations in Eastern and Southern Africa. The workshop focused on risk management, information sharing, and the identification of counterfeit medicines. Participants explored strategies to strengthen regional cooperation and combat the trade in illicit goods that infringe on intellectual property rights. The aim was to improve the effectiveness of Customs administrations in protecting intellectual property at the border and fostering a safer and more secure trading environment within the region.

UK Border Force WCO Boost Global Trade Security

UK Border Force WCO Boost Global Trade Security

The World Customs Organization (WCO), in collaboration with UK Border Force (UKBF), is upgrading the WCO Cargo Targeting System (WCO CTS) to enhance risk identification and response capabilities for customs administrations worldwide. This collaboration will leverage combined expertise to create more robust data processing and risk assessment functionalities. The upgraded system will support the WCO SAFE Framework, contributing to a more secure and efficient global trade system. The focus is on improving pre-arrival cargo inspection and bolstering overall trade security through advanced risk assessment techniques.

Zimbabwe Enhances AEO System Following WCO Review

Zimbabwe Enhances AEO System Following WCO Review

The World Customs Organization (WCO) has completed a review of Zimbabwe's Authorized Economic Operator (AEO) pilot program, offering recommendations for upgrades to build a 'next generation' AEO program aligned with international standards. This initiative, supported financially and technically by HM Revenue & Customs (HMRC) of the UK, collaborates with the United Nations Conference on Trade and Development (UNCTAD) to promote trade facilitation and supply chain security in Zimbabwe. The goal is to enhance efficiency and security within Zimbabwe's trade environment through improved AEO program implementation.