WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

The World Customs Organization (WCO) recently assisted Angola Customs in enhancing its customs valuation capabilities. By assessing infrastructure needs, providing recommendations on risk management and post-clearance audit, and conducting customs valuation workshops, the WCO helped Angola Customs improve revenue collection efficiency, promote compliant trade, and strengthen customs valuation oversight of multinational corporations. This assistance demonstrates the importance of international cooperation in improving customs administration.

12/30/2025 Customs Knowledge
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WCO Advances Global Customs Management Through Expertise Collaboration

WCO Advances Global Customs Management Through Expertise Collaboration

The World Customs Organization (WCO), as a professional body in the global customs field, is committed to enhancing the efficiency and security of customs management while facilitating international trade. Through extensive international cooperation and technological innovation, WCO promotes the standardization and reform of customs affairs worldwide, becoming a crucial leader in customs management.

08/08/2025 Customs Knowledge
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New Customs Model Launched at China-mongolia's Largest Land Port

New Customs Model Launched at China-mongolia's Largest Land Port

The pilot project of the 'Three Mutuals' customs reform has officially launched at the Erenhot port, marking a significant optimization of customs procedures. The new model has achieved customs and inspection cooperation, simplified exit procedures, and significantly improved customs efficiency, injecting new momentum into trade facilitation.

11/26/2015 Logistics
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Global Tech Leaders to Convene at 2026 WCO Conference

Global Tech Leaders to Convene at 2026 WCO Conference

The World Customs Organization (WCO) will hold a technical conference in 2026, bringing together experts and stakeholders from the global customs sector to discuss innovations in customs technology and modernization in management. The conference aims to promote international cooperation and the sharing of experiences, fostering improvements in customs efficiency and transparency.

08/08/2025 Logistics
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Understanding The Customs Clearance Process

Understanding The Customs Clearance Process

Customs clearance is a crucial step in international trade. The process involves preparing customs documentation, drafting the declaration, data entry, customs review, declaration, tax payment, and release of goods. Businesses must ensure the accuracy of each step to facilitate smooth customs clearance, maintaining the efficiency and security of goods transactions.

07/18/2025 Logistics Encyclopedia
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New Customs Rules Simplify Trade Compliance for Businesses

New Customs Rules Simplify Trade Compliance for Businesses

To standardize customs declaration practices, the General Administration of Customs and the China Customs Brokers Association will promote a standardized paper format for the Power of Attorney for Customs Declaration. The new regulations emphasize the 'reasonable review' obligation of customs brokers and standardize customs declaration form filling, aiming to improve customs clearance efficiency, reduce corporate risks, and protect the legitimate rights and interests of enterprises. Companies should understand the new regulations in advance and prepare for compliance.

09/26/2025 Customs Knowledge
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Streamlining Bonded Goods Declarations for Trade Efficiency

Streamlining Bonded Goods Declarations for Trade Efficiency

This article introduces the importance of the manifest for goods under bond and temporary import/export, emphasizing its role as the basis for customs supervision. It briefly outlines the relevant procedures for customs declaration and inspection of temporarily imported goods. The article suggests seeking professional customs brokerage services to improve customs clearance efficiency.

08/21/2025 Document Interpretation
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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
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Customs Clearance Timelines: A Complex Process Influenced by Multiple Factors

Customs Clearance Timelines: A Complex Process Influenced by Multiple Factors

The timeline for customs clearance is influenced by various factors, including the accuracy of declaration information, completeness of documents, and customs inspection processes. Typically, swift release can be achieved when declarations are error-free; however, inquiries or the need for manual approvals can extend the time required. Thus, improving customs declaration efficiency remains a continuous goal for customs authorities.

07/17/2025 Logistics Encyclopedia
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WCO Promotes Data Analytics for Smarter Customs and Trade Growth

WCO Promotes Data Analytics for Smarter Customs and Trade Growth

The World Customs Organization (WCO) holds data analysis workshops to promote its application in customs and enhance management effectiveness. Through data analysis, customs can achieve goals like risk management, trade compliance, trade facilitation, and revenue collection, ultimately realizing digital transformation and building smart customs. Facing challenges in data quality, security, talent, and technology, customs must actively embrace data analysis and serve national economic development. This includes leveraging data to improve efficiency and effectiveness in various customs operations.

01/07/2026 Customs Knowledge
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