16th China International Logistics Festival to Be Held in Xi'an Building a Logistics Hub on the New Silk Road

16th China International Logistics Festival to Be Held in Xi'an Building a Logistics Hub on the New Silk Road

The 16th China International Logistics Festival will take place from April 8 to 10, 2024, in Xi'an, focusing on logistics development under the New Silk Road. This major event will gather experts and leaders from various sectors, featuring forums and exhibitions to explore international logistics cooperation and regional economic opportunities, promote trade exchanges, and support Xi'an in becoming a global logistics hub.

04/05/2024 Logistics
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WCO Enhances Global Trade Aiding Developing Nations Exports

WCO Enhances Global Trade Aiding Developing Nations Exports

The WCO promotes TFA implementation, simplifying customs procedures, reducing costs, and improving trade efficiency. The TFA has the potential to boost exports and economic growth in developing countries, necessitating strengthened international cooperation. By streamlining border procedures and reducing red tape, the TFA aims to make trade faster, cheaper, and more predictable. This will benefit businesses of all sizes, particularly SMEs, and contribute to a more inclusive and sustainable global economy. Effective implementation requires capacity building and technical assistance for developing countries.

Global Customs and Rights Holders Strengthen IP Protections

Global Customs and Rights Holders Strengthen IP Protections

The World Customs Organization (WCO) held its 9th Rights Holders Consultation Group Meeting, focusing on the current state of intellectual property infringement and discussing challenges such as IP protection in the e-commerce environment and environmentally sound disposal of infringing goods. The meeting emphasized strengthening cooperation between customs and rights holders, building information exchange platforms, and jointly combating counterfeit goods to maintain fair trade practices and promote global economic prosperity. This collaborative approach aims to effectively address IP infringements and safeguard legitimate trade.

WCO Initiative Boosts Trade for Landlocked Nations

WCO Initiative Boosts Trade for Landlocked Nations

The WCO supports landlocked developing countries (LLDCs) in integrating into global trade by simplifying transit procedures and reducing costs. Global transit conferences and WCO guidelines aim to build efficient and interconnected trade networks to promote development. These initiatives focus on streamlining customs processes, enhancing cooperation between transit countries, and improving infrastructure to facilitate the smooth and cost-effective movement of goods. Ultimately, the WCO's efforts contribute to the economic growth and diversification of LLDCs by connecting them to global markets.

New Fujiantimorleste Sea Route Expands Maritime Silk Road

New Fujiantimorleste Sea Route Expands Maritime Silk Road

A direct maritime route from Fujian to Timor-Leste has been officially launched, taking only 7 days from Quanzhou Port, significantly reducing transportation time and promoting economic and trade cooperation between China and Timor-Leste. Customs and border inspection provide efficient services to support the construction of Quanzhou as a key hub port for the Maritime Silk Road and promote 'Made in China' to Southeast Asia. This new route is expected to boost trade and strengthen ties between the two nations.

01/05/2026 Logistics
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Moldova Boosts Trade Facilitation with SECOWCO Customs Reform

Moldova Boosts Trade Facilitation with SECOWCO Customs Reform

Moldova hosted a SECO-WCO trade facilitation project workshop, focusing on enhancing customs strategic alignment and performance evaluation. The workshop aimed to contribute to customs modernization by improving efficiency and effectiveness. Participants discussed best practices and strategies for streamlining customs procedures and measuring performance. This initiative underscores the importance of international cooperation in promoting trade facilitation and supporting customs authorities in their modernization efforts. The workshop provided a platform for knowledge sharing and capacity building, ultimately contributing to Moldova's economic development.

Russia Shifts Trade Focus to Emerging Markets Boosts Agriculture

Russia Shifts Trade Focus to Emerging Markets Boosts Agriculture

Russia is actively promoting the diversification of its international trade, with a focus on expanding into emerging markets in Asia, Africa, and Latin America. Agriculture is a primary focus, with mechanical engineering and information technology advancing in parallel. By strengthening bilateral and multilateral cooperation mechanisms, Russia is systematically expanding its markets and enhancing its influence in the global economic and trade system. This strategic shift aims to reduce reliance on traditional partners and capitalize on the growth potential of developing economies.

Belize Customs Boosts Training with WCO Assistance

Belize Customs Boosts Training with WCO Assistance

The World Customs Organization (WCO) assisted the Belize Customs and Excise Department (CED) in its human resources reform and modernization efforts. Through workshops, CED senior management analyzed existing strategies and business plans, developing a human resources strategy, development plan, and training calendar. These initiatives aim to enhance CED's human resources management capabilities to meet the evolving challenges of global trade and promote economic development in Belize. The collaboration underscores the importance of international cooperation in strengthening customs administrations and fostering efficient trade practices.

Iran Enhances Customs Via WCO Japanbacked AEO Program

Iran Enhances Customs Via WCO Japanbacked AEO Program

The World Customs Organization (WCO), in collaboration with the CCF Japan, supported Iranian Customs in hosting a national workshop on Customs Procedure Informatization and the AEO Program. The workshop aimed to enhance customs clearance efficiency and strengthen border control through information technology. It also focused on upgrading the AEO program to promote trade facilitation and improve Iran's competitiveness in global trade. The initiative underscores the importance of digital transformation and international cooperation in streamlining customs processes and fostering economic growth.

Lesotho Boosts Trade with Enhanced Customs Audits

Lesotho Boosts Trade with Enhanced Customs Audits

A high-level virtual workshop on Post-Clearance Audit was successfully conducted for the Lesotho Revenue Authority under the joint framework of HMRC, WCO, and UNCTAD. The workshop aimed to support developing countries in effectively implementing the WTO Trade Facilitation Agreement. It enhanced the professional skills of Lesotho Revenue Authority officials and fostered cooperation between customs and businesses, contributing to Lesotho's economic development. The training focused on modern PCA techniques and risk management strategies to optimize revenue collection and improve trade compliance.