Smart Customs Tech Boosts Global Trade Efficiency WCOWTO Report

Smart Customs Tech Boosts Global Trade Efficiency WCOWTO Report

The joint WCO/WTO report delves into the application, best practices, and challenges of technologies like blockchain, IoT, and big data in customs. It emphasizes that customs administrations should actively embrace technological change, strengthen international cooperation, increase technology investment, and improve regulatory frameworks. The goal is to enhance trade facilitation and promote global economic development. The report highlights the need for customs to adapt to the evolving technological landscape to effectively manage cross-border trade and ensure security.

WCO Backs Ugandas Trade Reforms to Boost Economy

WCO Backs Ugandas Trade Reforms to Boost Economy

The WCO assisted Uganda in implementing the WTO Trade Facilitation Agreement, enhancing customs capabilities. This support focused on optimizing strategic planning, the Authorized Economic Operator (AEO) program, and risk management. A multi-year development plan was also formulated to guide Uganda Customs in its modernization efforts, streamlining processes and improving efficiency in line with international standards. The collaboration aims to facilitate trade and boost economic growth in Uganda through enhanced customs procedures and improved border management.

Albania Joins Kyoto Convention to Enhance Trade

Albania Joins Kyoto Convention to Enhance Trade

Albania's accession to the Revised Kyoto Convention brings the number of contracting parties to 86, further promoting global trade facilitation. The Convention aims to reduce trade costs and improve customs clearance efficiency by simplifying customs procedures, applying information technology, implementing risk management, and strengthening international cooperation. This provides new impetus for global economic development. The revised Kyoto Convention is a key instrument for harmonizing and simplifying customs procedures worldwide, contributing to a more efficient and predictable international trade environment.

Customs Officers Get Guide to Key Environmental Treaties

Customs Officers Get Guide to Key Environmental Treaties

This handbook provides customs officers with a practical guide to key Multilateral Environmental Agreements (MEAs) such as the Basel Convention and CITES. It aims to assist frontline personnel in quickly identifying violations and taking appropriate action. The handbook emphasizes its use in conjunction with the 'Green Customs Initiative MEA Guide'. It helps customs officials understand their role in enforcing environmental regulations and preventing illegal trade in environmentally sensitive goods, thereby contributing to global environmental protection and sustainable development.

Bahamas Enhances Trade with Wcobacked Ruling System

Bahamas Enhances Trade with Wcobacked Ruling System

The World Customs Organization (WCO) is supporting the Bahamas in developing an Advance Ruling System to enhance trade facilitation. Through workshops, Bahamian customs officials developed advance ruling application procedures, decision templates, information disclosure guidelines, and created an online database. The Advance Ruling System reduces trade risks, shortens clearance times, promotes international trade development, attracts investment, and reduces trade disputes. This initiative aims to streamline customs processes and improve the overall efficiency of trade operations in the Bahamas.

Kazakhstan Customs Adopts Global Standards to Enhance Trade

Kazakhstan Customs Adopts Global Standards to Enhance Trade

Kazakhstan Customs actively embraces international standards and enhances tariff classification capabilities by hosting WCO Harmonized System workshops, thus improving the business environment. Through digital transformation and international cooperation, Kazakhstan Customs is committed to building an efficient and compliant customs system, promoting trade facilitation, attracting investment, and driving economic development. This contributes to the prosperity of global trade. The focus is on aligning with international best practices to streamline processes and foster a more attractive investment climate.

Peru Upgrades Customs Lab to Safeguard Minerals Trade

Peru Upgrades Customs Lab to Safeguard Minerals Trade

A workshop held in Peru by the World Customs Organization aims to modernize the Peruvian Customs Laboratory. This initiative seeks to improve commodity classification accuracy, facilitate trade, and strengthen the protection of national mineral resources. Relocating and constructing a new laboratory, upgrading technology, and fostering international cooperation will drive efficiency improvements within Peruvian Customs. This modernization is expected to promote economic development and trade prosperity in Peru by ensuring proper classification and efficient processing of goods.

East Africa Enhances Customs Audits Via WCOJICA Training

East Africa Enhances Customs Audits Via WCOJICA Training

The MTP project, a joint initiative between the World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA), has successfully developed a team of customs audit trainers and created regional training materials in East Africa. This initiative has significantly enhanced the region's customs audit capabilities, contributing to trade facilitation and regional economic development. The project's impact lies in its focus on building local expertise and providing tailored resources to address specific challenges within the East African context.

Customs Key to Asiapacific Trade Resilience During Pandemic

Customs Key to Asiapacific Trade Resilience During Pandemic

The Asian Development Bank and UNESCAP jointly held a webinar focusing on the critical role of customs in safeguarding trade and connectivity during the pandemic. The WCO Secretary General emphasized the need for customs to ensure supply chain transparency and shared WCO's response measures and recommendations for regional cooperation. These included coordinating border management, digitizing procedures, and building capacity. The meeting highlighted the importance of customs in facilitating trade and building resilient supply chains during global crises.

Peru Customs Boosts Trade with GTFP System Upgrade

Peru Customs Boosts Trade with GTFP System Upgrade

The Global Trade Facilitation Program (GTFP) supports Peruvian Customs in enhancing its strategic planning capabilities. Through remote workshops, the program assists in breaking down strategic objectives, identifying key performance indicators, and providing customized draft strategic maps and control panels. This collaboration aims to promote the modernization of Peruvian Customs, facilitate trade, and inject new vitality into economic development. The project focuses on improving customs efficiency and effectiveness through strategic alignment and performance monitoring, ultimately contributing to Peru's economic growth.