EUWCO Project Boosts African Customs Modernization Trade

EUWCO Project Boosts African Customs Modernization Trade

The EU-WCO cooperation project promotes customs modernization in Africa by optimizing the Harmonized System and rules of origin, and strengthening capacity building. This creates a more efficient trade environment, fostering intra-African trade and regional economic integration. The project has yielded significant results and will continue to support African customs development, contributing to the establishment of the African Continental Free Trade Area. Its focus on streamlining procedures and enhancing skills will be crucial for unlocking Africa's trade potential and fostering sustainable economic growth across the continent.

01/05/2026 Customs Knowledge
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WCO Backs Zambia in Trade Facilitation Program Upgrade

WCO Backs Zambia in Trade Facilitation Program Upgrade

The World Customs Organization (WCO) supports the Zambia Revenue Authority (ZRA) in establishing an internationally compliant Authorized Economic Operator (AEO) program to enhance trade facilitation. Through expert team support, remote guidance, and on-site validation, the WCO assists ZRA in optimizing its AEO program. The WCO also looks forward to future collaboration to further strengthen the implementation of the Trade Facilitation Agreement and promote regional economic development. This initiative aims to align ZRA's practices with global standards and boost its efficiency in facilitating international trade.

01/05/2026 Customs Knowledge
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ATA Predicts Record Trucking Volumes by 2035

ATA Predicts Record Trucking Volumes by 2035

The American Trucking Associations (ATA) forecasts that road transportation will continue to dominate the freight market over the next decade, reaching nearly 14 million tons by 2035. The report highlights the crucial role of road transport in economic development, analyzing key drivers of growth while also pointing out industry challenges and opportunities. Road transportation companies need to respond proactively, seize opportunities, and achieve sustainable development. The report underscores the importance of adapting to changing market dynamics to maintain competitiveness and contribute to economic prosperity.

01/07/2026 Logistics Industry Insights
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Experts Debate Yuans Rise Impact on Exchange Rates Investments

Experts Debate Yuans Rise Impact on Exchange Rates Investments

BOC Securities' chief economist Guan Tao analyzes the RMB exchange rate trend, pointing out that the recent RMB appreciation benefits from a weak US dollar, trade surplus, and economic growth. However, it still faces uncertainties such as a US dollar rebound and weakening external demand. He emphasizes that the exchange rate serves as a "shock absorber" in the short term, while the long-term trend depends on economic fundamentals. He calls for a rational view of exchange rate fluctuations and cautions against blind optimism.

01/15/2026 Exchange Rate Query
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