Banggoods Early Holiday Sale Highlights Crossborder Ecommerce Struggles

Banggoods Early Holiday Sale Highlights Crossborder Ecommerce Struggles

The 'early holiday' incident at Banggood, a major cross-border e-commerce seller, has drawn industry attention, reflecting the survival difficulties faced by cross-border e-commerce sellers. The global economic downturn and increased competition are challenging the industry. Companies need to respond actively by optimizing products, expanding channels, refining operations, and strengthening brand building to survive and develop in the fierce market competition. The incident highlights the need for resilience and strategic adaptation in the face of evolving market dynamics.

12/30/2025 Logistics Industry Insights
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WCO Supports Turkmenistans AEO Program to Enhance Trade

WCO Supports Turkmenistans AEO Program to Enhance Trade

The WCO supports Turkmenistan in implementing its AEO program, enhancing trade facilitation and supply chain security. The workshop covered AEO implementation, validation, risk management, and other key aspects. This initiative aims to promote economic growth by streamlining customs procedures and fostering international trade partnerships. The focus was on practical application and knowledge sharing to ensure the successful adoption of AEO standards within Turkmenistan's customs framework. Ultimately, this collaboration seeks to create a more efficient and secure trading environment for all stakeholders.

12/30/2025 Customs Knowledge
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WCO SAFE Upgrade Boosts SME Security in Global Ecommerce

WCO SAFE Upgrade Boosts SME Security in Global Ecommerce

The 30th WCO SAFE Working Group meeting focused on empowering MSMEs and securing emerging trade models. It promoted the continuous evolution of the SAFE Framework through measures like upgrading technical standards, expanding AEO programs, and strengthening the security of cross-border e-commerce and free zone trade. The meeting emphasized data security, standardization, MSME participation, and the application of emerging technologies. These efforts aim to build a safer, more efficient, and inclusive global trade system, contributing to global economic prosperity.

12/30/2025 Customs Knowledge
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WCO UN Call for Unimpeded Trade for Landlocked Nations During Pandemic

WCO UN Call for Unimpeded Trade for Landlocked Nations During Pandemic

The World Customs Organization and the United Nations urge ensuring smooth trade for landlocked developing countries during the pandemic, emphasizing the importance of freedom of transit and international cooperation. By simplifying customs procedures, investing in infrastructure, and diversifying trade partners, we can collectively address the impact of the pandemic on landlocked countries' trade and build a more resilient global supply chain. This collaborative effort aims to mitigate disruptions and foster sustainable economic growth for these vulnerable nations during and after the crisis.

12/30/2025 Customs Knowledge
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West Africa Customs Training Thrives Amid Pandemic Challenges

West Africa Customs Training Thrives Amid Pandemic Challenges

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint “Mentoring Training Programme” (MTP) has made significant progress in West Africa. Overcoming the impact of the pandemic through innovative models such as virtual working groups, the program successfully enhanced the capacity of customs officers in West African countries in risk management and intelligence analysis, contributing to regional trade security and economic development. The success of this program provides a valuable reference for capacity building in other developing countries.

12/30/2025 Customs Knowledge
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Global Customs Network Boosts Cooperation During Pandemic

Global Customs Network Boosts Cooperation During Pandemic

The Regional Intelligence Liaison Office (RILO) network held its second virtual meeting to strengthen international cooperation during the pandemic. The meeting highlighted RILO's crucial role in data quality and combating illegal wildlife trade. Participants also discussed involvement in WCO meetings and preparations for the global RILO conference. Facing global challenges, the RILO network will continue to enhance cooperation and capabilities to contribute to global trade security and economic development. The focus remains on improving information sharing and coordinated efforts to address evolving threats.

12/30/2025 Customs Knowledge
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WCOJICA Project Enhances East African Customs Capacity

WCOJICA Project Enhances East African Customs Capacity

WCO-JICA cooperation is helping East African customs authorities cultivate customs audit experts, enhancing regional customs audit capabilities, and promoting trade development. The initiative focuses on strengthening the skills and knowledge of customs officers in conducting effective audits, thereby improving compliance and revenue collection. This collaboration aims to facilitate smoother trade flows within the East African region by ensuring fair and transparent customs procedures and combating illicit trade activities through improved audit practices. Ultimately, this contributes to economic growth and regional integration.

12/30/2025 Customs Knowledge
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Moldova Boosts Trade Efficiency with Customs System Upgrade

Moldova Boosts Trade Efficiency with Customs System Upgrade

Supported by the SECO-WCO Global Trade Facilitation Programme, Moldovan Customs held a workshop on strategic planning and performance evaluation to enhance strategic alignment, governance, and accountability. Participants utilized tools like PESTLE and SWOT analysis to develop strategic objectives and KPIs. The WCO will continue to provide support, assisting Moldovan Customs in becoming a new engine for efficient trade. The workshop aimed to improve customs operations through better planning and performance measurement, ultimately contributing to increased trade facilitation and economic growth in Moldova.

12/30/2025 Customs Knowledge
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Moldova Advances Customs Reform with SECOWCO Aid Targets 2026 TRS

Moldova Advances Customs Reform with SECOWCO Aid Targets 2026 TRS

Moldova, with the support of the SECO-WCO Global Trade Facilitation Programme, held a virtual Time Release Study (TRS) workshop to assess clearance times and develop a national implementation roadmap. The goal is to complete the TRS report by January 2026, covering import and export processes, and to make it available to all stakeholders. The WCO pledged continued technical support to help Moldova improve trade facilitation and promote economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline border procedures.

12/30/2025 Customs Knowledge
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Zimbabwe Tax Authority Gains from WCO Leadership Program

Zimbabwe Tax Authority Gains from WCO Leadership Program

The WCO held a workshop in Zimbabwe to enhance the management capabilities of ZIMRA, promoting customs modernization and trade development. The workshop aimed to improve tax efficiency and international competitiveness. Key areas covered included leadership development strategies tailored for customs and tax administration. Participants explored best practices in streamlining customs procedures, leveraging technology for tax collection, and fostering a culture of compliance. The ultimate goal is to bolster Zimbabwe's economic growth through efficient and effective revenue collection and enhanced trade facilitation.

12/30/2025 Customs Knowledge
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