WCO Supports Timorleste in Developing Advanced Trade System

WCO Supports Timorleste in Developing Advanced Trade System

The World Customs Organization (WCO) continuously provides capacity building support to Timor-Leste Customs, focusing on the design and implementation of valuation training programs, as well as enhancements in risk management and intelligence. In cooperation with the Norwegian Agency for Development Cooperation (NORAD), the WCO completed the valuation training module, improved risk management capabilities, and introduced the concept of the 'intelligence cycle'. This assistance supports the modernization of Timor-Leste Customs and contributes to its economic development.

Japan Funds Wtos COVID19 Aid for Developing Nations

Japan Funds Wtos COVID19 Aid for Developing Nations

The Japanese government is providing financial support to the World Customs Organization's 'COVID-19 Project,' aimed at strengthening the capacity of customs administrations in developing countries to respond to the impact of the COVID-19 pandemic. The project will develop guidelines for business continuity planning, enhance risk management capabilities, promote paperless trade, strengthen international cooperation, and provide training and technical support to ensure the security and facilitation of global trade. This funding will help developing nations maintain essential trade flows during and after the pandemic.

Global Trade Reforms Aim to Boost Developing Economies

Global Trade Reforms Aim to Boost Developing Economies

This paper analyzes the progress and challenges in current international trade facilitation negotiations. It emphasizes the importance of establishing long-term mechanisms, unifying international standards, and providing technical assistance to developing countries. The aim is to offer insights for building a more efficient and inclusive global trading system. The analysis focuses on how these elements contribute to streamlining trade processes and reducing barriers, ultimately benefiting all participating nations. Addressing these challenges is crucial for fostering sustainable economic growth and development.

New Framework Aims to Streamline Global Trade Through Technical Aid

New Framework Aims to Streamline Global Trade Through Technical Aid

This paper interprets the WTO Trade Facilitation Agreement (TN/TF/W/137), focusing on its implementation in developing countries. It emphasizes transparency, flexibility, and cooperation, aiming to promote a fairer and more efficient global trade system. The agreement provides a framework for streamlining customs procedures, reducing trade costs, and enhancing predictability. Technical assistance is crucial for developing countries to effectively implement the agreement and reap its benefits. Ultimately, the Trade Facilitation Agreement contributes to economic growth and development by facilitating the smooth flow of goods across borders within the WTO framework.

WCO Fellowship Program Boosts Customs Modernization in Developing Nations

WCO Fellowship Program Boosts Customs Modernization in Developing Nations

Participants of the 91st World Customs Organization (WCO) training program have completed the second phase of their training. This program aims to enhance the capabilities of customs officials from developing countries and promote the modernization of their respective national customs administrations. The participants attended leadership workshops at the WCO headquarters and had exchanges with the Secretary-General. They are currently undertaking study visits in China, Japan, or Korea.

WTO Extends Trade Program to Aid Developing Nations Customs

WTO Extends Trade Program to Aid Developing Nations Customs

The Global Trade Facilitation Programme (GTFP), a collaboration between the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been extended until December 2023 due to its significant achievements. The program aims to promote economic growth in developing countries by simplifying trade procedures and improving customs administration through capacity building. This extension will consolidate gains, address challenges posed by the pandemic, and enhance sustainability, ultimately providing long-term development opportunities for beneficiary countries.

WCOSKKU Scholarship Boosts Customs Data Skills in Developing Nations

WCOSKKU Scholarship Boosts Customs Data Skills in Developing Nations

The World Customs Organization (WCO), in collaboration with Sungkyunkwan University in Korea, has launched a scholarship program in data analysis for customs officials from developing countries. This program aims to cultivate data analysis experts by enhancing their skills and cultural awareness through online and offline courses, practical projects, and cultural excursions. The initiative supports customs administrations in leveraging data-driven insights to improve management practices in the data era. It focuses on building capacity within developing nations to effectively utilize data for enhanced customs operations and decision-making.

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

The Swiss SECO, in collaboration with the WCO, has launched the "Global Trade Facilitation Programme" with an investment of 5.5 million Swiss francs. This initiative aims to enhance trade competitiveness and integration into the global economy for developing and transition countries, fostering sustainable development. The programme focuses on organizational capacity building, technical assistance, and WCO capacity building support. Bolivia, Colombia, Peru, and Uzbekistan are among the first countries to benefit from this project.

WCO JICA Boost Customs Training in Pacific Islands

WCO JICA Boost Customs Training in Pacific Islands

The WCO/JICA joint project implements an Advanced Training of Trainers program in Pacific Island Countries. It aims to enhance the autonomous training capabilities of these countries' customs administrations in areas like customs valuation and commodity classification. This is achieved by building a regional pool of trainers and developing customized training materials. Ultimately, the project contributes to regional economic development by strengthening customs expertise and promoting efficient trade practices within the Pacific Island region.