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.

Customs Clearance Invoice and Bill Handling Guide: Key Analysis of Split and Consolidated Invoicing

Customs Clearance Invoice and Bill Handling Guide: Key Analysis of Split and Consolidated Invoicing

This article provides a detailed analysis of how to prepare customs declaration packing lists and invoices for clients in international trade, according to the principle of 'separate customs declaration, consolidated documentation.' It emphasizes the impact of destination port customs clearance requirements on document preparation and highlights the independence between customs declaration in the exporting country and customs clearance in the importing country.

Wcos WACAM Project Boosts Customs Collaboration in Cape Verde

Wcos WACAM Project Boosts Customs Collaboration in Cape Verde

The WCO's WACAM project assisted Cape Verde Customs in establishing a stakeholder engagement mechanism to enhance transparency, facilitate trade, combat smuggling, and achieve customs modernization. This initiative fostered collaboration and improved communication between customs authorities and various stakeholders, leading to more efficient and effective customs operations. The project's success highlights the importance of stakeholder involvement in driving customs reform and promoting economic growth.

Seychelles Customs Officials Enhance Valuation Skills in WCO Training

Seychelles Customs Officials Enhance Valuation Skills in WCO Training

The World Customs Organization (WCO) conducted a customs valuation training in Seychelles to enhance the practical skills of the country's customs officers. The training focused on the core principles of the WTO Agreement on Customs Valuation, combining theoretical knowledge with practical exercises. This initiative is part of the WCO's capacity building project, aimed at assisting developing countries in improving customs administration, promoting trade facilitation, and increasing revenue collection. Accurate customs valuation is crucial for ensuring revenue integrity and maintaining fair trade practices.

Cte Divoire Boosts Tariff Control with WCO Customs Modernization

Cte Divoire Boosts Tariff Control with WCO Customs Modernization

The World Customs Organization (WCO) conducted a diagnostic mission to the Ivorian General Directorate of Customs (DGD) to strengthen its tariff classification and valuation control capabilities. During the mission, WCO experts engaged in in-depth discussions with Ivorian customs officials and conducted on-site visits to observe customs operations. The expert team provided targeted recommendations to help Ivorian Customs improve regulatory effectiveness and safeguard national economic development. The aim is to enhance customs procedures and ensure efficient trade facilitation within Côte d'Ivoire.

WCO Helps Togo Increase Revenue by Tightening Customs Controls

WCO Helps Togo Increase Revenue by Tightening Customs Controls

The World Customs Organization (WCO) completed a three-phase capacity building assistance program for Togo Customs, aimed at helping the Togolese Revenue Office (OTR) reclaim outsourced customs valuation functions and enhance its valuation capabilities. The program, through diagnostic assessments, expert training, and the establishment of an electronic database, helped Togo Customs close tax loopholes and increase fiscal revenue, providing stronger financial support for national development. The initiative strengthened Togo's ability to accurately assess customs duties and improve overall customs administration.

Global Airline Group IATA Enhances Data Security with New Exchange Program

Global Airline Group IATA Enhances Data Security with New Exchange Program

The IATA Flight Data Exchange Program aims to provide airlines with an industry-leading flight schedule and MCT database, reducing data dependency risks. Participation and data access are free, supporting data-driven decision-making and governed collaboratively by the industry. The program involves three steps: signing an agreement, sharing data, and receiving data. This helps airlines improve operational efficiency and data security. It offers a centralized, reliable source of flight data, enhancing planning and reducing reliance on potentially vulnerable or outdated sources. The program promotes better data quality and industry collaboration.

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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