Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Customs Service (PNGCS) is actively improving its management of Special Economic Zones. A workshop organized by the World Customs Organization (WCO) helped PNGCS benchmark against international standards, identify gaps, and learn from other countries' experiences. The outcomes of the discussions will be used to revise laws and regulations, aiming to establish a more efficient and transparent SEZ management system and promote economic development. This initiative underscores PNG's commitment to aligning with global best practices in customs administration and fostering a favorable investment climate.

12/30/2025 Customs Knowledge
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Customs and Logistics Innovations Boost Global Trade Efficiency

Customs and Logistics Innovations Boost Global Trade Efficiency

The WCO Deputy Secretary General attended the FITAC International Conference, discussing the role of customs and logistics in global competitiveness. The conference highlighted the critical role of customs in promoting economic development, focusing on two key topics: customs-business partnerships and customs modernization. The aim is to build an efficient, convenient, and secure global trade environment, helping businesses succeed in the global market. The discussions emphasized the importance of collaboration and innovation to streamline processes and enhance security, ultimately boosting economic growth and trade facilitation.

12/30/2025 Logistics
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UK Logistics Sector Demands Role in National Strategy

UK Logistics Sector Demands Role in National Strategy

Thirty major UK businesses are urging the government to include logistics in the national Industrial Strategy, highlighting its importance to economic growth. The UK's logistics performance ranking has significantly declined due to road congestion, border delays, and underinvestment. Industry leaders are calling for long-term investment in transportation networks and the establishment of a logistics representative on the Industrial Strategy Council to improve national economic efficiency. This inclusion is deemed crucial for addressing current challenges and ensuring the UK's competitiveness in the global market.

12/30/2025 Logistics Industry Insights
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Atuona Airport Expands Connectivity for Hiva Oa Island

Atuona Airport Expands Connectivity for Hiva Oa Island

This article focuses on Atuona Airport (AUQ) on Hiva Oa Island in French Polynesia, analyzing its basic information such as IATA and ICAO codes, and geographical coordinates. It emphasizes the airport's crucial role in connecting remote areas and promoting local economic development. The article also looks forward to future development directions, highlighting the airport's significance for the island's accessibility and economic growth within the broader Polynesian context. The analysis underscores the importance of regional airports in facilitating transportation and supporting communities in isolated locations.

12/30/2025 Airport Codes
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Shopee Exits Poland Amid Strategic Ecommerce Shift

Shopee Exits Poland Amid Strategic Ecommerce Shift

Shopee announced the closure of its Polish site, exiting the European market due to macroeconomic uncertainties. Previously, Shopee had closed sites in France and Spain and implemented layoffs to optimize operational efficiency. The company is shifting its strategic focus to Asia and South America, concentrating on core markets to address global economic challenges. Shopee's strategic adjustments offer insights for other cross-border e-commerce platforms. This refocus allows Shopee to better allocate resources and navigate the current economic climate by prioritizing regions with higher growth potential.

01/07/2026 Logistics Industry Insights
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Colombia Boosts Customs Efficiency with Wcobacked DIAN Reform

Colombia Boosts Customs Efficiency with Wcobacked DIAN Reform

The WCO supported the Colombian National Tax and Customs Directorate (DIAN) in its strategic planning efforts. Workshops were conducted to enhance the strategic development capabilities of DIAN officials. Technical assistance was provided in areas such as risk management and post-clearance audit. The aim was to improve the efficiency and transparency of Colombian customs, promote economic growth, and build a modern customs system. This initiative strengthens DIAN's capacity to effectively manage trade and contribute to Colombia's economic development by streamlining customs procedures and ensuring compliance.

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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Wcos ECP Phase V Modernizes Global Trade Competitiveness

Wcos ECP Phase V Modernizes Global Trade Competitiveness

The World Customs Organization's (WCO) Economic Competitiveness Package (ECP) Phase V aims to enhance members' economic competitiveness by optimizing customs procedures, embracing information technology, and effectively managing risks. The program covers key areas such as the Revised Kyoto Convention, e-commerce, and coordinated border management. It emphasizes knowledge sharing, technical assistance, and capacity building to promote the facilitation and security of global trade. The ECP seeks to streamline processes, reduce costs, and improve efficiency for businesses involved in international trade, ultimately contributing to stronger national economies.

01/19/2026 Customs Knowledge
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