Malaysia Boosts Customs with Wcobacked Origin Ruling System

Malaysia Boosts Customs with Wcobacked Origin Ruling System

The WCO is assisting Malaysia in accelerating the development of its advance ruling system for Rules of Origin. This initiative aims to enhance trade facilitation, optimize regulatory procedures, and improve predictability for businesses. By strengthening customs capacity and streamlining processes related to origin determination, Malaysia can benefit from increased trade flows and a more efficient and transparent customs environment. The support from the WCO is crucial in enabling Malaysia to effectively implement and utilize advance rulings, contributing to overall economic growth and competitiveness.

WTO WCO Aid Cape Verde in Customs Reform to Enhance Trade

WTO WCO Aid Cape Verde in Customs Reform to Enhance Trade

The WCO-WACAM project assists Cape Verde in implementing the WTO Trade Facilitation Agreement. Through support for measures categorization assessment and Time Release Study (TRS), it aims to simplify customs clearance processes, reduce trade costs, and improve trade efficiency. The project not only enhances Cape Verde's compliance capabilities but also provides valuable experience for other developing countries, jointly promoting global trade facilitation. This initiative is crucial for boosting economic growth and competitiveness in Cape Verde by streamlining trade procedures and reducing associated costs.

ISSA and AEO Certification Boost Global Trade Security

ISSA and AEO Certification Boost Global Trade Security

The ISSA Council discussed the integration of the ISSA Standard with the World Customs Organization's (WCO) Authorized Economic Operator (AEO) concept. By combining ISSA's quality standards with AEO certification, the aim is to enhance supply chain security, customs clearance efficiency, and business competitiveness, thereby facilitating global trade and healthy development. This collaboration will contribute to establishing a more transparent, efficient, and secure international trade environment. The synergy aims to streamline processes and foster trust among stakeholders within the global supply chain.

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.

Cape Verde Customs Modernizes with WCO Support

Cape Verde Customs Modernizes with WCO Support

The WCO, through the WACAM project, is assisting Cape Verde Customs in optimizing customs clearance procedures. A Time Release Study (TRS) was conducted to improve trade efficiency, reduce costs, and attract investment. The TRS aims to identify bottlenecks in the clearance process and provide recommendations for streamlining procedures. This initiative supports Cape Verde's efforts to enhance its competitiveness and integrate more effectively into the global trading system. The focus is on faster release times, which directly benefits businesses and promotes economic growth.

Oman Customs Adopts WCO SAFE Framework to Boost Trade Security

Oman Customs Adopts WCO SAFE Framework to Boost Trade Security

In 2015, the World Customs Organization (WCO) assisted Oman Customs in implementing the SAFE Framework and AEO program. Through workshops, Oman Customs officials gained a deeper understanding of supply chain security, customs-business partnerships, and the AEO implementation process, leading to the development of action plans. This initiative aims to enhance Oman's trade security and facilitation, strengthen its international competitiveness, and promote economic development. The implementation of SAFE and AEO will contribute to a more secure and efficient trade environment for Oman.

Bahamas Adopts WCO Program to Modernize Customs Boost Trade

Bahamas Adopts WCO Program to Modernize Customs Boost Trade

The World Customs Organization's (WCO) Mercator Program is assisting the Bahamas Customs Department (BCD) in its customs modernization efforts to support its accession to the World Trade Organization (WTO). Through gap analysis, process optimization, and the establishment of a Single Window system, the program aims to enhance trade facilitation in the Bahamas, strengthen its international competitiveness, and promote economic development. This initiative is crucial for streamlining customs procedures and fostering a more efficient and transparent trade environment in the Bahamas.

Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

Francophone Customs Chiefs Meet in Dakar to Boost Trade Curb Smuggling

Francophone Customs Chiefs Meet in Dakar to Boost Trade Curb Smuggling

The 19th Conference of Heads of Customs Administrations of French-Speaking Countries was held in Senegal, focusing on trade facilitation, economic competitiveness, and customs cooperation in combating illicit trade. The conference adopted the 'Dakar Declaration,' which proposes ten recommendations aimed at simplifying customs clearance procedures, strengthening information sharing, deepening regional cooperation, and improving personnel skills. The WCO pledged its support and will establish a follow-up monitoring system. The Prime Minister of Senegal expressed appreciation and encouragement for the work of customs officials from French-speaking countries.

China Pursues Transcontinental Railway to Boost South American Trade

China Pursues Transcontinental Railway to Boost South American Trade

China is actively involved in restarting the South American Transcontinental Railway project, aiming to connect Brazil and Peru and establish a new international transport route directly to Asia. This project will shorten transportation times, reduce costs, and enhance South America's competitiveness in the global market. Visits by Chinese delegations and the opening of the Port of Chancay have laid a solid foundation for the project's advancement, potentially becoming another model of China-Latin America cooperation. The railway promises significant economic benefits and strengthened ties between the regions.

12/30/2025 Logistics
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