Turkmenistan Seeks Trade Growth Via Harmonized System Pact

Turkmenistan Seeks Trade Growth Via Harmonized System Pact

This paper analyzes the background, benefits, and challenges of Turkmenistan's accession to the Harmonized System Convention. By reviewing the technical assistance provided by the World Customs Organization, it explores the positive impact of joining the Convention on enhancing trade facilitation and strengthening international competitiveness. The article recommends that Turkmenistan develop a detailed implementation plan, strengthen customs personnel training, conduct corporate publicity, and seek international cooperation to smoothly join and benefit from the Convention. It emphasizes the importance of proactive measures to maximize the advantages offered by the HS Convention for Turkmenistan's trade development.

01/26/2026 Customs Knowledge
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Buyer Refuses Payment Over Shippers Misrepresented Cargo

Buyer Refuses Payment Over Shippers Misrepresented Cargo

This paper explores the legal boundaries of a buyer's refusal to pay for goods when the contract stipulates that "the quantity delivered is subject to the quantity reported by the shipper," using an international trade case study. It analyzes the arbitration tribunal's reasoning and provides risk prevention advice for buyers, emphasizing the importance of risk management in international trade. The case highlights the potential disputes arising from quantity discrepancies and underscores the need for clear contractual terms and due diligence in verifying shipment details to mitigate financial risks.

09/26/2025 Customs Knowledge
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WCO Addresses Pandemics Gender Disparity with Equality Plan

WCO Addresses Pandemics Gender Disparity with Equality Plan

A virtual working group meeting of the World Customs Organization discussed the impact of the pandemic on gender equality, focusing on the economy, gender-based violence, and working from home. Representatives shared their respective responses, emphasizing the crucial role of customs in supporting employee well-being and protecting public interests. The discussion also explored how data analysis can provide a more precise understanding and response to the gender-differentiated challenges posed by the pandemic. The meeting highlighted the need for targeted interventions and policies to mitigate these disparities.

12/30/2025 Customs Knowledge
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Freight Market Faces Mixed Outlook Amid Tonnage Index Trends

Freight Market Faces Mixed Outlook Amid Tonnage Index Trends

FTR and ATA data reports analyze the trucking market from different perspectives. FTR's Shippers Conditions Index indicates tightening capacity, while ATA's tonnage index reflects macroeconomic trends. Both reports reveal the opportunities and challenges facing the freight market. Specifically, the FTR index highlights the increasing pressure on shippers to secure capacity, potentially leading to higher rates. The ATA index, on the other hand, provides insights into the overall health of the economy and its impact on freight demand. Understanding these indicators is crucial for stakeholders in the trucking industry.

01/07/2026 Logistics Industry Insights
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Mozambique Modernizes Tax HR with WCO Assistance

Mozambique Modernizes Tax HR with WCO Assistance

At the invitation of the Mozambique Tax Authority (MRA) and with funding from the CCF-China, the World Customs Organization (WCO) conducted a diagnostic assessment of MRA's Human Resource Management (HRM) system modernization. The aim was to address HR challenges and achieve strategic goals by optimizing the HR framework. The assessment included meetings, interviews, and workshops, culminating in recommendations for improvement submitted to the MRA. The Commissioner General of MRA expressed optimism for future collaboration. This initiative highlights the importance of HR upgrades and customs cooperation for effective capacity building within customs administrations.

01/22/2026 Customs Knowledge
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Guide to Using Swift Codes for Scotia Bank Guyana Transfers

Guide to Using Swift Codes for Scotia Bank Guyana Transfers

This article provides a detailed explanation of the SWIFT code required for international money transfers to the Bank of Guyana. It emphasizes the importance of the code and its usage scenarios. Practical advice is offered on verifying information and receiving remittances, aiming to help readers avoid transfer errors and ensure the safe and rapid arrival of funds. The guide aims to provide clear instructions and helpful tips for anyone sending money to the Bank of Guyana from abroad, focusing on the crucial role of the SWIFT code in facilitating these transactions.

09/04/2025 International Settlement
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Sri Lanka Central Bank SWIFT Code Guide for Secure Transfers

Sri Lanka Central Bank SWIFT Code Guide for Secure Transfers

This article provides a detailed explanation of the SWIFT code system used by the Central Bank of Sri Lanka, including code structure, branch codes, usage scenarios, and precautions. It aims to help users avoid errors in cross-border remittances and ensure the safe and efficient arrival of funds. The article also briefly introduces the security of the SWIFT network and the main functions of the Central Bank of Sri Lanka. The goal is to provide clarity and guidance for individuals and businesses involved in international money transfers to and from Sri Lanka.

09/01/2025 International Settlement
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State Bank of Vietnam SWIFT Code Eases Global Transfers

State Bank of Vietnam SWIFT Code Eases Global Transfers

This article provides a detailed analysis of the State Bank of Vietnam's SWIFT code, STBVVNVXXXX, explaining its meaning and applicable scenarios. It also offers methods for verifying the accuracy of the SWIFT code. Furthermore, the article outlines the key information required for cross-border remittances and important considerations for receiving international transfers. The aim is to guide readers through international remittance operations related to the State Bank of Vietnam, ensuring smooth and successful transactions. This includes understanding the nuances of sending and receiving money to/from Vietnam through the banking system.

09/01/2025 International Settlement
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Amazon Sellers Face Stricter Video Verification for Account Approval

Amazon Sellers Face Stricter Video Verification for Account Approval

Amazon's second review is a major challenge for sellers. This article delves into the logic behind transitioning from the traditional second review to video verification, highlighting its core purpose: verifying the authenticity and reliability of the seller's account. Compared to traditional document review, video verification improves the passing rate through live human review. The article also provides practical strategies for video verification, helping sellers successfully pass the review and embark on their e-commerce journey. It focuses on understanding the process and preparing effectively for the video call.

01/06/2026 Logistics Industry Insights
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Indonesias Ecommerce Boom Selling on Tokopedia Posttiktok Shop

Indonesias Ecommerce Boom Selling on Tokopedia Posttiktok Shop

This article provides an in-depth analysis of the Tokopedia seller onboarding process, focusing on the requirements, procedures, and precautions for Chinese sellers joining the Indonesian e-commerce platform. It offers suggestions for post-onboarding operational strategies. Furthermore, the article analyzes the market opportunities arising from the collaboration between Tokopedia and TikTok Shop, aiming to help cross-border sellers capitalize on the emerging blue ocean of the Indonesian e-commerce market. This guide provides valuable insights for navigating the Tokopedia platform and leveraging its partnership with TikTok Shop.

01/06/2026 Logistics Industry Insights
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