WCO Boosts Trade Controls in Azerbaijan to Counter WMD Threats

WCO Boosts Trade Controls in Azerbaijan to Counter WMD Threats

The WCO's ACES project has assisted Azerbaijan Customs in enhancing its control over weapons of mass destruction. This initiative involved training customs officers and certifying experts, enabling Azerbaijan to fulfill UN Security Council resolutions and contribute to building a global security barrier. The project strengthens strategic trade control and customs capacity building, ultimately aiming to prevent the proliferation of WMDs and ensure a safer global environment. This collaborative effort underscores the importance of international cooperation in addressing critical security challenges.

Xiamen Ecommerce Expo Aims to Boost Global Trade in 2026

Xiamen Ecommerce Expo Aims to Boost Global Trade in 2026

The 6th Xiamen International Cross-border E-commerce Exhibition will be held in Xiamen in June 2026, hosted by the China Chamber of International Commerce and the Xiamen Chamber of International Commerce. The exhibition, themed "Cross-border Interconnection, Global Trade", brings together global cross-border e-commerce enterprises, covering cross-border product selection, platform services, imported goods, and more. It aims to promote the dual circulation of domestic and international trade and boost global economic development. Exhibition consultation is currently underway.

Exporters Guide to DDP and DAP Incoterms for Trade Success

Exporters Guide to DDP and DAP Incoterms for Trade Success

This article delves into the commonly used Incoterms DDP (Delivered Duty Paid) and DAP (Delivered at Place) in export trade. It details the responsibilities, cost allocations, and suitable scenarios for each. Through comparative analysis, it provides practical advice for exporters to choose the appropriate Incoterms, helping companies optimize cost control and reduce trade risks. The analysis focuses on understanding the nuances of each term to aid in informed decision-making for efficient and profitable export operations.

US Trade Trends and Peak Season Outlook Amid China Tensions

US Trade Trends and Peak Season Outlook Amid China Tensions

Chris Rogers, Head of Supply Chain Research at S&P Global, analyzes US import and export trends, peak season performance, inventory adjustments, and US-China trade relations. He points out that US imports and exports are undergoing a period of adjustment. The proportion of online sales during peak season is increasing, requiring companies to flexibly adjust inventory. Businesses should pay close attention to changes in US-China trade policies and explore diversified supply chains to mitigate risks and ensure resilience.

WCO Boosts East and Southern Africa Customs for Trade Growth

WCO Boosts East and Southern Africa Customs for Trade Growth

The 36th WCO ESA Regional Steering Group Meeting focused on customs modernization, emphasizing capacity building, regional cooperation, and strategic guidance. The ROCB's report highlighted its contributions to capacity building and technical assistance. The WCO Secretariat presented strategic plans and emerging issues. Businesses should focus on policies, strengthen compliance, participate in capacity building initiatives, communicate with customs authorities, and embrace technological innovation to seize opportunities and achieve business growth. This meeting underscored the importance of collaborative efforts and strategic alignment for effective trade facilitation in the region.

WTO and WCO Partner to Enhance Global Trade Living Standards

WTO and WCO Partner to Enhance Global Trade Living Standards

The Director-General of the World Trade Organization (WTO) emphasized the crucial role of collaboration between trade and customs communities in improving global well-being at the World Customs Organization (WCO) Council meeting. By strengthening information sharing, capacity building, and technological innovation, the WTO and WCO can jointly build a more prosperous, equitable, and sustainable global trading system. This cooperation is essential for facilitating trade, ensuring security, and promoting economic development worldwide. The focus is on streamlining processes and fostering a collaborative environment for mutual benefit.

WCO Committee Highlights Key Global Trade Trends in Latest Meeting

WCO Committee Highlights Key Global Trade Trends in Latest Meeting

The 59th session resolutions of the World Customs Organization's Harmonized System Committee impact international trade. This analysis interprets new classification opinions and revisions, dissects typical commodity cases, and guides enterprises towards compliant operations. Understanding these changes is crucial for businesses involved in cross-border trade to ensure accurate classification and avoid potential penalties. This guidance helps navigate the complexities of the HS code and adapt to evolving international trade regulations, promoting efficient and legally sound import and export practices.

WCO Highlights Data Strategy and Trade Tools at June Meetings

WCO Highlights Data Strategy and Trade Tools at June Meetings

The World Customs Organization (WCO) Permanent Technical Committee (PTC) meeting focused on data strategy, emphasizing the future of data-driven customs management. The meeting approved several key tools, including the 'Study Report on Disruptive Technologies' and the 'Rail Transit Handbook,' which will be submitted to the Policy Commission and Council for approval. Furthermore, discussions covered e-commerce, pandemic response, and the circular economy. The meeting also saw the election of a new chairman and vice-chairman.

WCO Aids MENA Customs in Trade Boost Via Harmonized System

WCO Aids MENA Customs in Trade Boost Via Harmonized System

The World Customs Organization (WCO) actively supports the implementation of the Harmonized System by customs administrations in the Middle East and North Africa (MENA) region, enhancing trade facilitation. Through workshops on the HS 2017 amendments and promotion of advance rulings, the WCO assists regional customs in improving management and promoting economic development. Future cooperation will focus on capacity building, technical assistance, and long-term planning to address new challenges in global trade. This aims to further streamline processes and boost regional economic growth within the MENA region.

Global Trade at Risk Due to Rising Port Cybersecurity Gaps

Global Trade at Risk Due to Rising Port Cybersecurity Gaps

During testimony before Congress, the security chief of the Port of Long Beach highlighted the significant cybersecurity threats facing U.S. ports, emphasizing the urgent need for a comprehensive national defense strategy. The complex port ecosystem presents vulnerabilities at every level, which could be exploited. Recommendations included enhanced information sharing, improved personnel awareness, and increased technological investment to build a robust security defense. This is crucial to safeguarding vital trade lifelines and mitigating potential disruptions caused by cyberattacks and other security breaches.