Hungary Conference Explores Tax and Customs Cooperation Reforms

Hungary Conference Explores Tax and Customs Cooperation Reforms

A tax and customs cooperation conference held in Hungary focused on improving the synergistic efficiency of tax and customs departments. The World Customs Organization emphasized the importance of data sharing, joint risk management, and capacity building. The conference also commemorated Hungarian customs pioneers and explored future cooperation trends towards intelligence and synergy, aiming to build a more prosperous and secure international trade environment. The discussions highlighted the need for streamlined processes and enhanced collaboration to facilitate legitimate trade while combating illicit activities.

01/05/2026 Customs Knowledge
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Asiapacific Customs Adopts Advanced Cargo Data for Targeted Inspections

Asiapacific Customs Adopts Advanced Cargo Data for Targeted Inspections

The World Customs Organization (WCO) held a seminar in the Asia-Pacific region focusing on leveraging Advance Cargo Information (ACI) to enhance customs risk assessment and targeting capabilities. Representatives from 26 customs administrations participated, engaging in in-depth discussions on key aspects such as risk management, risk profiling, and targeting. The seminar aimed to improve the ability of Asia-Pacific customs to address trade risks and promote trade facilitation. The discussions highlighted the importance of data quality and collaboration for effective ACI implementation.

01/05/2026 Customs Knowledge
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Hong Kong Customs Enhances Asiapacific Antismuggling Collaboration

Hong Kong Customs Enhances Asiapacific Antismuggling Collaboration

The Regional Office for Capacity Building Asia Pacific (ROCB A/P), with strong support from regional members like Hong Kong Customs, is dedicated to providing high-quality capacity building support to customs administrations in the Asia-Pacific region. The renewed dispatch of technical experts by Hong Kong Customs demonstrates its long-term commitment to regional capacity building. ROCB A/P will continue to play a vital role in facilitating regional trade development, ensuring trade security, and enhancing customs management capabilities.

12/30/2025 Customs Knowledge
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Mongolia Enhances Customs Audits with Wcobacked System

Mongolia Enhances Customs Audits with Wcobacked System

The World Customs Organization (WCO) is assisting Mongolian Customs in building an effective Post Clearance Audit (PCA) system to enhance regulatory efficiency, increase revenue collection, and promote trade facilitation. Through diagnostic missions and workshops, the WCO is tailoring solutions for Mongolian Customs, emphasizing internal process optimization, multi-agency cooperation, and voluntary compliance by businesses. This initiative aims to modernize Mongolian Customs and improve its overall performance in line with international standards, ultimately contributing to a more efficient and transparent trade environment.

01/05/2026 Customs Knowledge
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WCO Program Enhances Madagascar Customs Efficiency

WCO Program Enhances Madagascar Customs Efficiency

The World Customs Organization (WCO) provided technical assistance on risk management to Madagascar Customs, aiming to enhance trade facilitation by optimizing risk assessment, clearance procedures, and inter-agency collaboration. Funded by HM Revenue & Customs of the UK, the project involved an expert team analyzing the current situation and proposing improvements. This initiative supports Madagascar Customs in achieving sustainable development and economic growth by strengthening its risk management capabilities and streamlining trade processes, ultimately contributing to a more efficient and secure trading environment.

01/05/2026 Customs Knowledge
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Guyana Boosts Customs Oversight After WCO Audit Review

Guyana Boosts Customs Oversight After WCO Audit Review

At the request of the Government of Guyana, the World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in October 2018. Through consultations with the Guyana Revenue Authority - Customs and Trade Administration and external stakeholders, the WCO aimed to assist the country in establishing a robust PCA system. This initiative seeks to enhance customs control capabilities, promote trade facilitation, and support Guyana's sustainable economic development. The ultimate goal is to improve compliance and efficiency in customs procedures.

01/08/2026 Customs Knowledge
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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.

01/07/2026 Customs Knowledge
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WCO Introduces New Audit Tools to Enhance Trade Facilitation

WCO Introduces New Audit Tools to Enhance Trade Facilitation

The World Customs Organization (WCO) has launched new Post Clearance Audit (PCA) tools to assist member customs administrations in enhancing trade facilitation. Developed through expert group meetings, the WCO created two key tools: the PCA Benefits Visualization Tool and the PCA Technical Reference. These tools are designed to help customs management and frontline auditors better understand and implement PCA effectively. By improving PCA practices, these tools aim to contribute to the healthy development of global trade and streamline customs procedures.

01/07/2026 Customs Knowledge
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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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Understanding The Customs Clearance Process

Understanding The Customs Clearance Process

Customs clearance is a crucial step in international trade. The process involves preparing customs documentation, drafting the declaration, data entry, customs review, declaration, tax payment, and release of goods. Businesses must ensure the accuracy of each step to facilitate smooth customs clearance, maintaining the efficiency and security of goods transactions.

07/18/2025 Logistics Encyclopedia
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