Chongqings Foreign Trade Grows 47 Amid Emerging Market Demand

Chongqings Foreign Trade Grows 47 Amid Emerging Market Demand

In the first four months of 2025, Chongqing's total foreign trade volume reached 226.46 billion yuan, a year-on-year increase of 4.7%. General trade and bonded logistics progressed simultaneously, with private enterprises becoming the main driving force for growth. ASEAN was the largest trading partner, and emerging markets showed potential. Exports of advantageous products such as laptops, motorcycles, and mobile phones remained stable. Intermediate goods and agricultural products performed well, jointly promoting the high-quality development of Chongqing's foreign trade.

05/19/2025 Logistics
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EU and ASEAN Strengthen Trade Ties Through Customs Reform

EU and ASEAN Strengthen Trade Ties Through Customs Reform

Synergy in customs capacity building is crucial within the EU-ASEAN Trade and Investment (TREATI) framework. Enhancing information sharing, establishing unified standards, addressing localized needs, and strengthening public-private partnerships can effectively improve regional trade efficiency, prevent resource wastage, and achieve sustainable development. This approach injects new vitality into the economic development of both the EU and ASEAN, fostering a more robust and streamlined trading relationship between the two regions. It promotes efficiency and long-term benefits for all stakeholders involved.

UN Adopts GOVCBR Standard to Simplify Global Trade

UN Adopts GOVCBR Standard to Simplify Global Trade

The new UN/EDIFACT message GOVCBR aims to provide a unified data submission standard for cross-border trade, simplifying processes and improving efficiency. The WCO is developing implementation guidelines, aligning with the UN/CEFACT Core Component Library. The promotion of GOVCBR will drive global trade facilitation and provide a foundation for trade data analysis. It streamlines information exchange between traders and government agencies, reducing redundancies and promoting transparency. This standardized approach is crucial for fostering a more efficient and secure global trading environment.

Ebay Updates Bid Cancellation Policies for Buyers and Sellers

Ebay Updates Bid Cancellation Policies for Buyers and Sellers

This article explains when eBay buyers and sellers can retract bids and the specific steps involved. It emphasizes the serious consequences of 'bidding without buying,' aiming to help users better understand eBay rules and avoid unnecessary losses, thus improving the overall eBay trading experience. It details the acceptable reasons for bid retraction, the process of doing so, and the potential penalties for abusing the system. The guide is designed to promote fair and responsible bidding practices on the eBay platform.

WCO Program Enhances Madagascar Customs Efficiency

WCO Program Enhances Madagascar Customs Efficiency

The World Customs Organization (WCO) provided technical assistance on risk management to Madagascar Customs, aiming to enhance trade facilitation by optimizing risk assessment, clearance procedures, and inter-agency collaboration. Funded by HM Revenue & Customs of the UK, the project involved an expert team analyzing the current situation and proposing improvements. This initiative supports Madagascar Customs in achieving sustainable development and economic growth by strengthening its risk management capabilities and streamlining trade processes, ultimately contributing to a more efficient and secure trading environment.

WCO Framework Enhances Customs Efficiency in Burundi

WCO Framework Enhances Customs Efficiency in Burundi

The World Customs Organization (WCO) is assisting Burundi Customs in building a national risk management framework to improve clearance efficiency and promote trade facilitation. By developing risk management policies, strategies, and action plans, and aligning them with regional frameworks, Burundi will be better positioned to implement its AEO program and fulfill its commitments under the WTO Trade Facilitation Agreement. This initiative aims to contribute to Burundi's sustainable economic development by enhancing customs operations and fostering a more predictable and efficient trading environment.

Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivian Customs, with WCO support, is upgrading its AEO program. This includes optimizing standards, expanding the program's scope, strengthening risk management and service provision, and promoting mutual recognition arrangements. The aim is to enhance trade facilitation, foster economic growth for businesses, and improve overall customs efficiency. The upgraded AEO program is expected to contribute significantly to Bolivia's trade competitiveness and its integration into the global trading system. The focus is on creating a more secure and predictable trade environment for authorized economic operators.

PIL Adds Direct Mexico Call to West Coast South America Route

PIL Adds Direct Mexico Call to West Coast South America Route

Pacific International Lines (PIL) is upgrading its West Coast South America Service (WS6) by adding a direct call to Ensenada, Mexico. The Chilean terminal will be adjusted to San Antonio. This route optimization aims to enhance service efficiency and strengthen PIL's strategic position in the Latin American market. The upgrade is designed to cater to the increasing market demand in the region. The changes will improve connectivity and provide more reliable shipping options for customers trading between Asia and South America.

01/08/2026 Logistics
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Comoros Customs Adopts Harmonized System to Boost Trade

Comoros Customs Adopts Harmonized System to Boost Trade

Comoros Customs is actively preparing for the early application of the Harmonized System Convention. Through capacity-building programs funded by the African Development Bank, Customs officers are enhancing their understanding and application of the latest HS. This initiative aims to simplify customs procedures, improve trade efficiency, promote trade facilitation, and boost Comoros' international competitiveness. Support from COMESA experts will ensure the smooth integration of the HS into the customs system, laying the foundation for Comoros' integration into the global trading system.

Global Customs Maritime Groups Boost Trade Security Via Data

Global Customs Maritime Groups Boost Trade Security Via Data

The World Customs Organization (WCO) and the International Maritime Organization (IMO) Secretaries General met, emphasizing deepened cooperation through enhanced data sharing, technical assistance, and security facilitation measures. Key areas include data standardization, passenger data exchange, the application of emerging technologies, and policy dialogues. The aim is to improve the security, efficiency, and sustainability of global trade. This collaboration seeks to streamline processes, enhance risk management, and foster a more secure and predictable international trading environment, ultimately benefiting both customs and maritime sectors.