WCO and IDB Partner to Enhance Latin American Trade

WCO and IDB Partner to Enhance Latin American Trade

The World Customs Organization (WCO) participated in a policy dialogue with the Inter-American Development Bank (IDB), sharing trade facilitation experiences to support trade development in Latin America. Key initiatives highlighted included the Single Window, the Authorized Economic Operator (AEO) program, and the Mercator Program. The WCO emphasized the importance of international cooperation in promoting global trade. The dialogue aimed to foster collaboration and knowledge exchange to enhance trade efficiency and security within the Latin American region and beyond.

01/07/2026 Customs Knowledge
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Global Trade System Marks 30 Years As Harmonized Standard

Global Trade System Marks 30 Years As Harmonized Standard

The Harmonized System (HS) serves as a universal language for global trade, playing an irreplaceable role in facilitating international trade, customs management, and economic development. This paper reviews the HS's development over the past three decades, analyzes its significant functions and challenges, and proposes suggestions such as strengthening international cooperation, promoting technological innovation, and improving classification standards. The aim is to further enhance the HS's effectiveness and adaptability, contributing more significantly to the prosperity and development of global trade.

01/03/2018 Customs Knowledge
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WCO Promotes Data Analytics for Smarter Customs and Trade Growth

WCO Promotes Data Analytics for Smarter Customs and Trade Growth

The World Customs Organization (WCO) holds data analysis workshops to promote its application in customs and enhance management effectiveness. Through data analysis, customs can achieve goals like risk management, trade compliance, trade facilitation, and revenue collection, ultimately realizing digital transformation and building smart customs. Facing challenges in data quality, security, talent, and technology, customs must actively embrace data analysis and serve national economic development. This includes leveraging data to improve efficiency and effectiveness in various customs operations.

01/07/2026 Customs Knowledge
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WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

The World Customs Organization (WCO), through the Mercator Programme, supports the Ethiopian Revenues and Customs Authority (ERCA) in enhancing its post-clearance audit (PCA) capabilities. This includes updating the ERCA's PCA manual to align with WCO guidelines and international best practices. The initiative aims to effectively implement the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), thereby promoting trade facilitation and economic development in Ethiopia. This capacity building effort is crucial for efficient customs operations and streamlined trade processes.

01/07/2026 Customs Knowledge
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Liberia Enhances Tax Collection with WCO Assistance

Liberia Enhances Tax Collection with WCO Assistance

With the support of the WCO WACAM project, the Liberia Revenue Authority is actively implementing a competency-based human resource management system. This includes developing tools such as job benchmarks, competency frameworks, and job descriptions, as well as formulating human resource and training strategies. This initiative aims to enhance employee performance, achieve organizational goals, and inject new vitality into Liberia's economic development and social progress. The focus is on building a skilled and effective tax workforce.

01/07/2026 Customs Knowledge
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WCO Enhances Zimbabwes Trade Facilitation with Better Project Management

WCO Enhances Zimbabwes Trade Facilitation with Better Project Management

WCO training helps Zimbabwe Revenue Authority (ZIMRA) enhance its project management capabilities to better implement the WTO Trade Facilitation Agreement. ZIMRA places great importance on project governance and looks forward to continued cooperation with the WCO. This initiative aims to improve efficiency and effectiveness in customs procedures, contributing to smoother trade flows and economic growth in Zimbabwe. By strengthening project management skills, ZIMRA can effectively manage and implement various trade facilitation initiatives, ultimately benefiting businesses and the overall economy.

01/07/2026 Customs Knowledge
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Kuala Lumpur Tops Asiapacific Air Hubs As Tokyo Narita Rises

Kuala Lumpur Tops Asiapacific Air Hubs As Tokyo Narita Rises

OAG reports Kuala Lumpur International Airport as the most connected airport in Asia-Pacific, with Tokyo Narita Airport showing significant improvement. Overall, Asia-Pacific airports have risen in rankings, driven by tourism demand, regional economic growth, and improved aviation infrastructure. Shanghai Pudong Airport leads in destination count. Future Asia-Pacific aviation hubs need to strengthen construction, optimize networks, enhance services, and embrace digital transformation to maintain their competitive edge and cater to evolving passenger needs and cargo demands.

01/07/2026 Logistics Industry Insights
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Supreme Court Blocks LA Port Clean Truck Program

Supreme Court Blocks LA Port Clean Truck Program

The U.S. Supreme Court rejected parts of the Port of Los Angeles' 'Clean Truck' program, sparking debate on the boundaries of local regulations. The program aimed to reduce port pollution, but trucking associations argued it interfered with the market. The Port of Los Angeles is reassessing the plan, seeking collaboration with trucking companies to explore a win-win path for environmental protection and economic development. This offers insights into the green transformation of the logistics industry.

01/15/2026 Logistics
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Trucking Sector Rebounds As LTL Faces Challenges Parcel Prices Stabilize

Trucking Sector Rebounds As LTL Faces Challenges Parcel Prices Stabilize

The TD Cowen-AFS Freight Index Q1 report indicates cautious optimism in the truckload market. Parcel pricing strategies are effective, but discount pressure remains high. LTL pricing is robust, though fuel surcharges are starting to soften. Overall, the market recovery still faces challenges. The report suggests a mixed bag for the transportation industry, with some segments showing positive signs while others grapple with ongoing headwinds. Key factors to watch include pricing dynamics, fuel costs, and the overall economic outlook.

01/15/2026 Logistics Industry Insights
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Yongzhouhong Kong Freight Service Enhances Trade Logistics

Yongzhouhong Kong Freight Service Enhances Trade Logistics

Yongzhou's consolidation service to Hong Kong is becoming increasingly mature, leveraging its geographical advantages, comprehensive facilities, and diversified transportation modes to provide an efficient and convenient logistics channel for trade between Hunan and Hong Kong. Standardized consolidation processes and professional services effectively reduce logistics costs and shorten transportation times, promoting the in-depth development of economic and trade cooperation between the two regions. This service offers a reliable and streamlined solution for businesses engaged in cross-border trade.

01/15/2026 Logistics
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