WCO APEC Boost Digital Trade in Asiapacific

WCO APEC Boost Digital Trade in Asiapacific

The Secretary General of the World Customs Organization (WCO) highlighted the role of smart borders in Connectivity 4.0 at the APEC Summit in Chile. He presented WCO's initiatives to facilitate the integration of SMEs into global value chains and address the challenges of e-commerce. The WCO also expressed its support for Chilean customs reform, aiming to jointly build a new landscape for digital trade in the Asia-Pacific region. The focus is on leveraging technology and collaboration to streamline trade processes and foster economic growth within the APEC framework.

01/26/2026 Customs Knowledge
Read More
US Customs Shifts Refunds to Electronic ACH Payments

US Customs Shifts Refunds to Electronic ACH Payments

U.S. Customs announced the full digitalization of duty refunds, effective February 6th. Companies must ensure ACH electronic payment setup or designate a customs broker for collection; otherwise, direct refunds will be unavailable. This move is likely related to the Supreme Court's expected ruling on tariffs under the International Emergency Economic Powers Act. Businesses are advised to prepare promptly to navigate future trade changes. This digitalization aims to streamline the refund process and improve efficiency for both Customs and importers. Early preparation is crucial to avoid disruptions and ensure timely receipt of refunds.

01/26/2026 Customs Knowledge
Read More
Trade Programs Boost SME Growth with Streamlined Customs

Trade Programs Boost SME Growth with Streamlined Customs

A joint report by the World Customs Organization, World Trade Organization, and International Chamber of Commerce urges customs administrations to remove barriers hindering SMEs' participation in global trade, emphasizing their vital role in the global economy. The report analyzes the challenges faced by SMEs and proposes recommendations for their integration into Authorized Economic Operator (AEO) programs. Through case studies, it showcases successful experiences, aiming to build a more inclusive and resilient global trading system. The report highlights the need for simplified procedures and enhanced access to information for SMEs to thrive in international markets.

01/27/2026 Customs Knowledge
Read More
WCO and WTO Enhance Collaboration to Boost Global Trade

WCO and WTO Enhance Collaboration to Boost Global Trade

The World Customs Organization and the World Trade Organization reached a consensus at the 6th Global Aid for Trade Review, agreeing to further deepen cooperation to jointly promote the implementation of the Trade Facilitation Agreement and strengthen collaboration in emerging areas such as e-commerce. This collaborative effort aims to create a more convenient and efficient environment for global trade, reducing barriers and fostering economic growth through streamlined customs procedures and enhanced international partnerships. The focus remains on facilitating smoother cross-border transactions and leveraging digital technologies for trade advancement.

01/27/2026 Customs Knowledge
Read More
Switzerland WCO Aid Bolivias Customs Modernization for Trade

Switzerland WCO Aid Bolivias Customs Modernization for Trade

The WCO conducted an assessment of Bolivia Customs' implementation of the Mercator Agreement, recommending improvements in areas such as risk management and advance rulings. Bolivia expressed its gratitude and appreciation for the recommendations. The assessment highlighted the need for enhanced efficiency and transparency in customs procedures to further facilitate trade and economic growth. Bolivia acknowledged the value of the WCO's expertise and committed to implementing the suggested improvements to strengthen its customs operations and better align with international standards. This collaboration underscores the importance of international cooperation in promoting trade facilitation.

01/26/2026 Customs Knowledge
Read More
Lesotho South Africa Enhance Trade to Advance Afcfta

Lesotho South Africa Enhance Trade to Advance Afcfta

Lesotho and South Africa, with the support of the World Customs Organization, jointly released a Time Release Study report to optimize border management and enhance cross-border trade efficiency. Focusing on the Maseru Bridge and Ficksburg Bridge border posts, the study aims to reduce non-tariff trade barriers through coordinated border management and the implementation of one-stop service. This initiative supports the development of the African Continental Free Trade Area and promotes regional economic prosperity by streamlining processes and improving the flow of goods between the two countries.

01/26/2026 Customs Knowledge
Read More
Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia has established a Customs-Business Round Table to enhance trade facilitation through data-driven collaboration. Supported by the SECO-WCO Global Trade Facilitation Programme, the initiative brings together representatives from government, chambers of commerce, and businesses to address customs operational challenges and optimize trade policies. The goal is to build a more efficient business environment. By focusing on data sharing, policy optimization, and risk prediction, Serbia aims to become a regional leader in trade facilitation. This collaborative approach is expected to streamline processes and boost economic growth.

01/26/2026 Customs Knowledge
Read More
Global Trade Initiative Extended to Boost Sustainable Growth

Global Trade Initiative Extended to Boost Sustainable Growth

The Global Trade Facilitation Programme (GTFP), jointly launched by the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been officially extended for another year. The program aims to simplify trade procedures, enhance transparency, strengthen international cooperation, and build capacity to promote global trade development. This extension provides beneficiary countries with more opportunities to further advance trade facilitation reforms and improve their competitiveness in global trade. It allows for continued support in streamlining customs processes and fostering a more efficient and predictable trading environment.

01/26/2026 Customs Knowledge
Read More
GAO to Review Controversial Trucking Hour Rule Changes

GAO to Review Controversial Trucking Hour Rule Changes

The House Transportation Committee has called for a GAO review of the new hours-of-service (HOS) regulations for truck drivers, questioning its data foundation and impact on the industry. The 34-hour restart provision is a key point of contention, sparking intense debate regarding safety, efficiency, and economic consequences. Concerns have been raised about the rule's potential to negatively affect driver productivity and the overall supply chain. The GAO review aims to provide an independent assessment of the rule's effectiveness and potential unintended consequences, informing future policy decisions related to truck driver HOS.

01/26/2026 Logistics
Read More
US Infrastructure Crisis Can 1 Trillion Plan Spur Recovery

US Infrastructure Crisis Can 1 Trillion Plan Spur Recovery

The trillion-dollar infrastructure plan proposed by the Trump administration has seen little progress, drawing widespread attention. Experts urge focusing on key areas and addressing financing issues through public-private partnerships. The new Secretary of Transportation emphasizes the necessity of reform, but bipartisan disagreement persists in Congress regarding funding sources. The path to upgrading American infrastructure faces both challenges and opportunities. The lack of concrete action raises concerns about its potential impact on economic growth and competitiveness. Finding common ground on funding mechanisms is crucial for moving forward.

01/26/2026 Logistics Industry Insights
Read More