World Customs Organization Outlines Global Trade Strategy

World Customs Organization Outlines Global Trade Strategy

The World Customs Organization (WCO) is shaping the future of global trade for 2022-2025 through strategic foresight. Leveraging regional workshops, the WCO gathers insights from its members to explore emerging trends, risks, and opportunities. The methodology and key elements of strategic foresight, contributions from the OECD and the EU, and the future global vision and actions are all contributing to shaping the future of customs. This proactive approach aims to equip customs administrations to navigate the evolving landscape of international commerce and ensure effective border management in a dynamic world.

12/30/2025 Customs Knowledge
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Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Data from Qingdao Customs shows a significant improvement in customs clearance efficiency for foreign trade enterprises dealing with South Korea, with sea freight times reduced by 34.78% and air freight times increased by 71.43%. This progress is driven by policy benefits and technological innovation, particularly the AEO mutual recognition policy and the consolidated tax reform. Additionally, modern technologies such as the Internet of Things have greatly enhanced customs efficiency, significantly lowering business costs.

07/21/2025 Logistics
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Chinas Huangpu Customs Reports Record Crossborder Ecommerce Exports

Chinas Huangpu Customs Reports Record Crossborder Ecommerce Exports

Data from Huangpu Customs shows that in the first quarter of 2025, the value and number of cross-border e-commerce exports to overseas warehouses reached historic highs, increasing by 3.1 times and 3.4 times respectively. Policy support has lowered entry barriers and encouraged companies to expand into international markets, driving continuous prosperity in the cross-border e-commerce industry.

04/16/2025 Logistics Industry Insights
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Czech National Bank SWIFT Code Simplifies International Transfers

Czech National Bank SWIFT Code Simplifies International Transfers

This article explains the SWIFT code CNBACZPPXXX of the Czech National Bank and its purpose. It emphasizes the importance of using the correct code for international transactions. The article also differentiates between IBAN and SWIFT codes, providing key information for cross-border money transfers. Understanding the correct SWIFT code ensures that international payments are routed accurately and efficiently through the Czech National Bank.

09/02/2025 International Settlement
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