WCO WTO Partner on Tech to Boost Crossborder Ecommerce

WCO WTO Partner on Tech to Boost Crossborder Ecommerce

A joint WCO-WTO Public Forum session highlighted the crucial role of disruptive technologies and e-commerce in post-pandemic trade recovery. The meeting explored topics such as e-commerce, public-private partnerships, and data applications. It emphasized the importance of technological innovation and data-driven approaches in customs modernization, and looked ahead to future trends in global trade. The discussions underscored how these elements are vital for streamlining processes, enhancing efficiency, and fostering sustainable growth in the evolving international trade landscape.

01/16/2026 Customs Knowledge
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WCO Advances Customs Modernization with Updated ECP Plan

WCO Advances Customs Modernization with Updated ECP Plan

The WCO's revised Phase IV of the ECP Action Plan aims to advance global customs modernization and promote trade facilitation and security. This is achieved through initiatives like compiling transit trade best practices, revising data model guidelines, focusing on Small Island Economies, researching Special Customs Zones, reviewing the Kyoto Convention, exploring rail customs procedures, developing PLACI guiding principles, aligning AEO with ICAO programs, and updating the disruptive technology report. These efforts collectively contribute to a more efficient and secure global trade environment.

01/20/2026 Customs Knowledge
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Tanzania Upgrades Border Security with Smart Risk Management

Tanzania Upgrades Border Security with Smart Risk Management

Tanzania, with assistance from the World Customs Organization and the Japan International Cooperation Agency, is upgrading its customs risk management framework. This aims to enhance customs efficiency, promote trade facilitation, and combat smuggling through more precise risk identification and response. The upgrade is a significant step towards improving the country's customs administration and contributing to national economic development and trade security. The improved framework will allow for better resource allocation and targeted interventions, ultimately streamlining trade processes and reducing illicit activities.

01/20/2026 Customs Knowledge
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Guide to Exporting Silk HS Code 50 Series Explained

Guide to Exporting Silk HS Code 50 Series Explained

The HS Code series 50 includes various products suitable for silk reeling, such as raw silk cocoons and untwisted silkworm silk, providing a clear classification for silk export trade. Understanding these codes helps merchants choose silk products wisely, improves trade efficiency, and ensures compliance and profit margins.

08/05/2025 HS Code Query
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Power of Attorney Streamlines Customs Procedures

Power of Attorney Streamlines Customs Procedures

This article discusses the importance and application of power of attorney in customs clearance, emphasizing its necessity in import and export trade, precautions, and impact on trade processes. It provides suggestions for effectively managing power of attorney to ensure smooth customs clearance and avoid legal risks.

08/05/2025 Customs Knowledge
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HS Code and Tariff Rates Set for 1chloro11223pentafluoropropane

HS Code and Tariff Rates Set for 1chloro11223pentafluoropropane

Pentafluorochloropropane (HS code 2903491041) has become increasingly important in global trade. This code expired in December 2018, but the tax rate for imports and exports remains at zero, simplifying trade processes. Industry players should pay attention to changes in tax rate policies to ensure compliance and maximize benefits.

07/09/2025 HS Code Query
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New AES System Boosts Efficiency for US Exports

New AES System Boosts Efficiency for US Exports

The Automated Export System (AES) is a crucial tool used by U.S. Customs to streamline the export declaration process. It enables real-time data editing and correction, ensuring export compliance and enhancing the quality of trade statistics, thereby providing enterprises with more efficient support for international trade management.

08/05/2025 Logistics Encyclopedia
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The Importance and Role of International Rail Freight Transportation

The Importance and Role of International Rail Freight Transportation

International railway freight transportation plays a significant role in promoting Eurasian trade, supporting the economies of Hong Kong and Macau, ensuring domestic goods circulation, and connecting the continental bridge. Through efficient and safe transportation methods, it facilitates trade between China and the world, providing strong impetus for economic development.

07/17/2025 Logistics
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Mastering The Import Customs Clearance Process 7 Key Points To Ensure Smooth Customs Clearance

Mastering The Import Customs Clearance Process 7 Key Points To Ensure Smooth Customs Clearance

This article explains the key steps in import customs clearance, including the processes and precautions for general trade and processing trade. It provides detailed information about payment methods, necessary documents, bill exchange, quality inspection, customs declaration, tariff payment, and release steps to assist businesses in successfully completing import procedures.

07/24/2025 Customs Knowledge
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Importers Face Challenges With Bonded Goods Deferred Duties

Importers Face Challenges With Bonded Goods Deferred Duties

Bonded goods refer to imported commodities for which customs duties are temporarily not paid and are required to be stored in a bonded warehouse under customs supervision. This system provides enterprises with financial flexibility, simplifies trade processes, and ensures the safety of goods. During the bonded period, goods can also undergo simple processing, repackaging, and re-export trade, promoting international trade development. This allows businesses to defer duty payments until the goods are actually released into the domestic market, improving cash flow and competitiveness.

11/03/2025 Customs Knowledge
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