Peru Adopts Global Standards for Customs Valuation

Peru Adopts Global Standards for Customs Valuation

Supported by the SECO-WCO Global Trade Facilitation Programme, Peruvian Customs held a virtual forum focusing on customs valuation risk management. Participants exchanged experiences on database applications and discussed optimizing value verification procedures and public-private partnerships to combat valuation irregularities. Peruvian Customs plans to strengthen its value verification system and deepen collaboration with the private sector. The WCO will continue to provide support, enhancing transparency and predictability in cross-border trade. The forum highlighted the importance of efficient and fair customs valuation for trade facilitation.

Moldova Adopts International Standards for Customs Modernization

Moldova Adopts International Standards for Customs Modernization

Moldova, in collaboration with the World Customs Organization, organized a workshop to improve its national customs classification system. The aim was to enhance the commodity classification skills of customs officers, facilitate trade, and actively participate in the development of international trade rules. This initiative is crucial for Moldova's integration into the global trading system and enhancing its economic competitiveness. Other developing countries can learn from Moldova's experience by strengthening international cooperation and improving their own customs classification capabilities.

GS1 Standards Simplify Customs Boost Global Trade Efficiency

GS1 Standards Simplify Customs Boost Global Trade Efficiency

GS1 global standards are facilitating the standardization, digitalization, and unification of customs product classification, addressing existing complexities, inefficiencies, and conflicts. Utilizing key elements like GTIN, GPC, and GDSN, and incorporating China's pioneering practices of linking GTIN with HS codes, pilot projects have shown initial success. Moving forward, GS1 will continue to strengthen cooperation, promote standardized product classification, and facilitate global trade.

Moldova Adopts Global Standards to Simplify Ecommerce Customs

Moldova Adopts Global Standards to Simplify Ecommerce Customs

The WCO, in collaboration with SECO, is supporting the Moldovan Customs Service to enhance its e-commerce clearance capabilities. The initiative focuses on simplifying procedures, enabling the exchange of advance information, and addressing humanitarian aid flows. This partnership aims to improve trade facilitation and modernize customs operations in Moldova, ultimately boosting its cross-border e-commerce competitiveness and efficiency. The project seeks to streamline processes and improve overall customs effectiveness.

China Customs Supports WCO in Global Trade Valuation Standards

China Customs Supports WCO in Global Trade Valuation Standards

The WCO Revenue Package aims to enhance customs revenue collection capabilities of member countries. China Customs actively participates in this initiative, providing valuation control case studies and sharing its experiences. China's customs valuation control system, characterized by comprehensive laws and regulations, advanced risk management techniques, a robust valuation database, and effective inter-departmental collaboration, offers valuable lessons for other nations. This participation underscores China's commitment to supporting global efforts in securing customs revenue and promoting best practices in valuation control.

Navigating Customs and Quality Standards for Dissolving Wood Pulp

Navigating Customs and Quality Standards for Dissolving Wood Pulp

This article provides an in-depth interpretation of the definition and quality standards for "dissolving grades of chemical wood pulp" under HS Code 4702. It elaborates on the requirements for key indicators such as solubility and ash content. The aim is to assist businesses in accurately identifying dissolving wood pulp, avoiding tariff risks in international trade, and ensuring the quality of downstream products. It focuses on the specific criteria outlined within the HS Code to facilitate compliance and informed decision-making.

WCO Enhances PICARD Standards to Strengthen Global Customs Operations

WCO Enhances PICARD Standards to Strengthen Global Customs Operations

The World Customs Organization (WCO) is upgrading the PICARD Professional Standards (PS) to adapt to the evolving global trade landscape. The updated standards will encompass key areas such as public-private sector cooperation, customs and tax function integration, and coordinated border management. It will also address emerging trends, security, trade facilitation, technological advancements, and project management. The WCO invites stakeholders to participate in capacity building initiatives to jointly promote global customs development. This collaborative effort aims to enhance customs efficiency and effectiveness worldwide.

Comprehensive Analysis of Import Customs Clearance Costs and Fee Standards

Comprehensive Analysis of Import Customs Clearance Costs and Fee Standards

This article provides a detailed analysis of various fees involved in the import clearance process, including clearance fees, customs inspection fees, and wood inspection fees. It aims to help businesses and individuals better understand and master the cost standards for clearance, enabling them to make more informed decisions. Understanding the specifics of each fee and its standards is crucial for reducing import costs and improving clearance efficiency.

Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Customs Service (PNGCS) is actively improving its management of Special Economic Zones. A workshop organized by the World Customs Organization (WCO) helped PNGCS benchmark against international standards, identify gaps, and learn from other countries' experiences. The outcomes of the discussions will be used to revise laws and regulations, aiming to establish a more efficient and transparent SEZ management system and promote economic development. This initiative underscores PNG's commitment to aligning with global best practices in customs administration and fostering a favorable investment climate.

WCO Adds Spanish Arabic to Professional Standards for Global Customs

WCO Adds Spanish Arabic to Professional Standards for Global Customs

The World Customs Organization (WCO) announced the addition of Spanish and Arabic versions to its PICARD Professional Standards, aiming to enhance the professional capabilities of customs officers worldwide and facilitate international trade. The WCO expressed gratitude to the University of Costa Rica and the Saudi Customs for their translation support. The WCO will continue to promote the standards to support global customs capacity building initiatives. This expansion ensures wider accessibility and implementation of best practices in customs administration across diverse linguistic regions.