Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

During the Belt and Road Forum for International Cooperation, experts discussed the significance of customs cooperation among participating countries. They proposed five key areas for improvement: deepening mechanism alignment, regulatory innovation, information sharing, trade security, and capacity building, to enhance customs' role in facilitating trade. Through collaboration, countries can better respond to emerging trade patterns and ensure global economic stability and prosperity.

07/29/2025 Logistics
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Guide to Customs Tax Exemptions and Classification Codes

Guide to Customs Tax Exemptions and Classification Codes

The customs tax exemption nature code is a powerful tool for managing import and export duties, involving aspects such as statutory taxation, legal exemptions, and specific regional policies. Each exemption nature has a corresponding code, targeting specific goods and purposes, and guiding enterprises in compliant customs declarations. By thoroughly understanding these codes and their applicability, businesses can optimize their customs processes, reduce costs, and enhance the efficiency and effectiveness of international trade.

Trade Expert Simplifies Customs Clearance and Tax Refunds

Trade Expert Simplifies Customs Clearance and Tax Refunds

Freight forwarding expert LIAOMINGYI55 is active in the consolidation community, dedicated to solving the complex problems faced by foreign trade companies in sea freight, customs declaration, and tax refunds. He shares insights on document requirements such as MSDS, identification, and HS CODE, as well as key considerations for customs clearance, tallying, and manifest processes. His expertise helps businesses navigate customs smoothly and successfully obtain tax refunds, providing valuable guidance for efficient international trade operations.

Uganda Enhances Tax Efficiency with Datadriven Customs Reform

Uganda Enhances Tax Efficiency with Datadriven Customs Reform

With the assistance of the World Customs Organization (WCO), the Uganda Revenue Authority (URA) is actively exploring a data-driven approach to customs performance management. By optimizing data collection and analysis, establishing performance evaluation mechanisms, and implementing cultural change and capacity building, the URA aims to improve customs operational efficiency and optimize resource allocation. This initiative ultimately seeks to better serve Uganda's economic development. This reform practice provides valuable lessons for other developing countries.

WCO Program Boosts Botswana Customs Tax Reform Efforts

WCO Program Boosts Botswana Customs Tax Reform Efforts

The WCO conducted a leadership workshop in Botswana to enhance the capabilities of Botswana Unified Revenue Service (BURS) managers and promote tax reform. This initiative, funded by Finland, highlights the crucial role of leadership in driving customs modernization and organizational effectiveness. The workshop aimed to equip BURS personnel with the necessary skills and knowledge to lead effectively, contributing to improved revenue collection and overall efficiency. Capacity building through leadership development is a key component of sustainable customs modernization efforts.

Namibia Boosts Customs Skills to Improve Tax Revenue

Namibia Boosts Customs Skills to Improve Tax Revenue

With the support of the EU-WCO Harmonized System Programme for Africa, the Namibian Revenue Agency (NamRA) organized a national commodity classification workshop. This initiative aims to enhance the commodity classification skills of customs officers, address issues such as incorrect classification and false declarations, and close tax loopholes. By combining online learning with offline workshops, the program strengthens both theoretical knowledge and practical skills, building a comprehensive support system. This contributes to customs modernization, ultimately promoting economic prosperity in Namibia.

AI Enhances Customs Fraud Detection Curbing Tax Evasion

AI Enhances Customs Fraud Detection Curbing Tax Evasion

The DATE neural network model, developed by the World Customs Organization (WCO), leverages a dual attention mechanism and tree-aware embedding techniques to effectively identify potential customs fraud transactions and improve inspection efficiency. Successfully piloted in Nigeria and open-sourced for use by customs administrations worldwide, this model has the potential to become a new tool in combating cross-border tax evasion. It offers a data-driven approach to detecting irregularities and enhancing risk assessment in international trade, ultimately contributing to fairer and more secure global commerce.

Global Authorities Crack Down on Crossborder Tax Evasion

Global Authorities Crack Down on Crossborder Tax Evasion

This paper emphasizes the importance of customs-tax cooperation, analyzing intelligence sharing and joint enforcement mechanisms. The aim is to enhance fiscal revenue, safeguard the trade environment, and promote economic development. Effective collaboration between customs and tax authorities is crucial for combating illicit financial flows, preventing tax evasion, and ensuring fair trade practices. This collaborative approach strengthens border security, improves risk management, and ultimately contributes to a more stable and prosperous economy. The paper highlights the benefits of a coordinated strategy in addressing complex challenges in international trade and taxation.

Enhancing China-russia Border Customs Cooperation to Build the Silk Road Economic Belt

Enhancing China-russia Border Customs Cooperation to Build the Silk Road Economic Belt

A meeting was held at the Harbin Customs on the China-Russia border to discuss and promote customs cooperation and trade facilitation between the two countries. The conference aimed to strengthen the connection between the 'Longjiang Silk Road' and the 'Coastal Highway 1,' addressing issues such as port management and mutual recognition of commodity regulation. Future cooperation directions were planned to promote the smooth progress of bilateral trade.

07/21/2025 Logistics
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WCO Boosts Guyanas Postclearance Audit Capacity

WCO Boosts Guyanas Postclearance Audit Capacity

Under the Mercator Program, the World Customs Organization (WCO) conducted a post-clearance audit (PCA) workshop for the Guyana Revenue Authority (GRA) to enhance its tax compliance oversight capabilities. Through the training, Guyanese customs officers gained in-depth knowledge of PCA concepts and techniques, laying the groundwork for improved customs control efficiency and trade facilitation. The WCO looks forward to continued cooperation with the GRA to further advance its customs administration.