Philippines Customs Enhances Trade Via WCO Time Release Study

Philippines Customs Enhances Trade Via WCO Time Release Study

The Philippines has launched a National Time Release Study (TRS) in collaboration with the World Customs Organization (WCO) to optimize import and export clearance processes for sea cargo. The study aims to identify bottlenecks, enhance efficiency, and provide evidence-based recommendations for reforms, ultimately boosting the Philippines' trade competitiveness and fulfilling its obligations under the WTO Trade Facilitation Agreement. The final report is expected by the end of 2025, laying the groundwork for sustainable trade facilitation.

01/05/2026 Customs Knowledge
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Gambia Enhances Trade Efficiency with Wcobacked Time Release Study

Gambia Enhances Trade Efficiency with Wcobacked Time Release Study

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in conducting a Time Release Study (TRS) to enhance trade facilitation. Through workshops and technical assistance, the WCO helped Gambia identify bottlenecks in cargo clearance, optimize customs procedures, and align with the WTO's Trade Facilitation Agreement (TFA). The ultimate goal is to improve the business environment and promote sustainable economic development in Gambia. The TRS aims to streamline processes and reduce the time and cost associated with importing and exporting goods.

01/05/2026 Customs Knowledge
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Peru Boosts Trade Efficiency with WCO Time Release Study

Peru Boosts Trade Efficiency with WCO Time Release Study

The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for Peruvian Customs (SUNAT) to enhance trade facilitation. By studying the WCO TRS Guidelines, creating business processes, and developing action plans, SUNAT will be able to conduct TRS, identify bottlenecks, optimize procedures, and meet WTO TFA requirements. This will ultimately improve international competitiveness. The workshop focused on practical application of TRS methodology within the Peruvian context, enabling SUNAT to streamline customs processes and improve efficiency in goods clearance.

01/05/2026 Customs Knowledge
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Shanghai Streamlines Customs for Returned Goods to Cut Costs

Shanghai Streamlines Customs for Returned Goods to Cut Costs

This article provides an in-depth analysis of the returned goods clearance process in Shanghai, focusing on key commodities such as new and used mechanical and electrical equipment, food, and cosmetics. It offers professional customs clearance strategies and standardized process guidance. The importance of selecting professional clearance services, preparing documents in advance, and maintaining communication with customs is emphasized. The aim is to help companies efficiently and compliantly complete returned goods clearance, reducing costs and risks.

02/06/2025 Customs Knowledge
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Supply Chain Optimizations Cut Costs Boost Efficiency in Warehousing

Supply Chain Optimizations Cut Costs Boost Efficiency in Warehousing

This paper delves into the crucial role of warehousing services in modern logistics. It elaborates on the definition, scope, and types of warehousing services, emphasizing their key value in optimizing supply chains, reducing logistics costs, and enhancing business competitiveness. Our company provides comprehensive warehousing solutions to help businesses achieve cost reduction and efficiency improvement.

08/21/2025 Warehousing
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Shipping Industry Struggles to Cut Fuel Use and Emissions

Shipping Industry Struggles to Cut Fuel Use and Emissions

The shipping industry is facing dual challenges: how to reduce fuel consumption and greenhouse gas emissions while ensuring cost-effectiveness. By optimizing design, introducing new energy sources, and improving management strategies, shipbuilders and operators can achieve a green transition and jointly promote the sustainable development of the shipping sector.

09/16/2025 Logistics Industry Insights
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Shipping Firms Adopt New Strategies to Cut Demurrage Costs

Shipping Firms Adopt New Strategies to Cut Demurrage Costs

Reducing the demurrage costs of international shipping for 40-foot containers is crucial. This article presents the calculation formula for demurrage fees and offers strategies such as pre-shipping measurements, flexible booking, scientific loading, and long-term management. The aim is to help companies optimize their logistics processes, lower unnecessary expenses, and enhance overall efficiency.

09/15/2025 Logistics Encyclopedia
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