WCO and SECO Enhance Latin American Trade Via GTFP Initiative

WCO and SECO Enhance Latin American Trade Via GTFP Initiative

The WCO participated in a Latin American trade facilitation event, promoting trade facilitation initiatives. The meeting focused on digitalization and risk management, emphasizing strategic planning and inter-agency cooperation. The WCO reaffirmed its commitment to supporting trade development in the region. Discussions included the importance of streamlined customs procedures and the implementation of international standards to reduce trade barriers and enhance economic growth. The WCO will continue to provide technical assistance and capacity building to support Latin American countries in their trade facilitation efforts.

02/12/2026 Customs Knowledge
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WCOWACAM Project Advances Customs Reform in West and Central Africa

WCOWACAM Project Advances Customs Reform in West and Central Africa

The WCO collaborates with WACAM to support the transformation of customs administrations in West Africa. With WCO's assistance, Gabon Customs is optimizing its human resources management, aiming to improve overall administrative efficiency. This partnership highlights the WCO's commitment to fostering capacity building and modernization within customs organizations globally, ultimately contributing to enhanced trade facilitation and security.

02/12/2026 Customs Knowledge
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Singapore Updates GST and Size Rules for Ecommerce Sea Freight

Singapore Updates GST and Size Rules for Ecommerce Sea Freight

This article provides a detailed explanation of Singapore's Goods and Services Tax (GST) for sea freight, including payment methods, exemptions, and size restrictions. It serves as a practical guide for cross-border e-commerce sellers, helping them avoid risks and clear customs efficiently. Understanding GST policies and size specifications ensures that goods arrive in Singapore smoothly. Learn how to navigate the complexities of Singaporean customs regulations and optimize your shipping strategy for successful deliveries.

02/12/2026 Logistics Encyclopedia
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Maritime Shipping Faces Rising Cargo Loss and General Average Claims

Maritime Shipping Faces Rising Cargo Loss and General Average Claims

This article provides a detailed interpretation of how cargo owners can recover losses through insurance claims after a marine container falls overboard or a shipwreck occurs, and the obligations they bear under the rules of general average. It emphasizes the importance of purchasing All Risks marine insurance, collecting evidence promptly, and distinguishing responsibilities. The aim is to help cargo owners better manage marine risks and protect their own interests. It explains the process of filing a cargo claim and navigating the complexities of general average contributions in such scenarios.

02/12/2026 Logistics Encyclopedia
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Bank of America Sees Value in Small and Midcap Stocks

Bank of America Sees Value in Small and Midcap Stocks

Bank of America strategists believe small-cap stocks present compelling investment opportunities amid policy shifts and market structure adjustments. Policies aimed at reducing the cost of living benefit small businesses. Increasing investor concerns regarding tech stocks and the market's transition from asset-light to asset-heavy models further support small-cap performance. These factors collectively create a favorable environment for small-cap investments, suggesting potential outperformance in the current market landscape.

02/12/2026 Logistics Industry Insights
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Guide to Shipping Tea to Madagascar Efficiently

Guide to Shipping Tea to Madagascar Efficiently

This article provides a detailed overview of the considerations for sending tea from China to Madagascar, including transportation options, customs regulations, packaging requirements, and frequently asked questions. It aims to help readers safely and smoothly deliver tea to its destination. The guide covers essential aspects to ensure compliance with Malagasy import laws and minimize potential issues during the shipping process. It is a practical resource for anyone looking to send tea as a gift or for commercial purposes.

02/05/2026 Logistics
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Charging Standards for International Air Transport of Water and Land Letters

Charging Standards for International Air Transport of Water and Land Letters

This article provides a detailed overview of the charging standards for international air freight and combined transport letters, including specific fees for letters, postcards, printed materials, braille literature, small parcels, and printed material special bags. It also outlines the grouping of different countries and regions, helping customers to better understand and select the appropriate transport methods, thereby effectively controlling transportation costs.

07/21/2025 Logistics
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Customs Exemption Codes Explained: Tax Classification of Import and Export Goods

Customs Exemption Codes Explained: Tax Classification of Import and Export Goods

This article analyzes the classification and importance of customs exemption nature codes. The exemption types include statutory taxation, statutory reduction, and specific exemptions, providing detailed meanings and examples for each category, with special emphasis on the uniqueness of gratuitous aid materials. These codes assist customs in effectively managing and statisticalizing the taxes on import and export goods, thereby promoting the development of international trade.

07/21/2025 Logistics
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Key Differences Between Air Waybills and Bills of Lading for Shipping

Key Differences Between Air Waybills and Bills of Lading for Shipping

This article deeply analyzes the differences and characteristics between international air waybills and sea bills of lading. It covers aspects such as nature, transferability, speed of transport, format, and risk assumption. The aim is to assist decision-makers in foreign trade logistics in choosing the appropriate transportation method, thereby improving logistics efficiency and cargo security.

08/04/2025 Logistics Encyclopedia
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