Americas Caribbean Customs Workshop Boosts Audit Skills for Revenue Growth

Americas Caribbean Customs Workshop Boosts Audit Skills for Revenue Growth

The World Customs Organization held a post-clearance audit (PCA) seminar for the Americas and Caribbean region in the Dominican Republic, aiming to enhance customs tax collection capabilities. The seminar focused on risk management, audit planning optimization, personnel training, and information technology application, promoting regional cooperation to address cross-border trade challenges and safeguard national economic security. By strengthening PCA, the goal is to improve tax compliance and achieve effective growth in tax revenue. This initiative underscores the importance of robust PCA systems in ensuring fair and efficient tax administration.

02/03/2026 Customs Knowledge
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Global Authorities Crack Down on Crossborder Tax Evasion

Global Authorities Crack Down on Crossborder Tax Evasion

This paper emphasizes the importance of customs-tax cooperation, analyzing intelligence sharing and joint enforcement mechanisms. The aim is to enhance fiscal revenue, safeguard the trade environment, and promote economic development. Effective collaboration between customs and tax authorities is crucial for combating illicit financial flows, preventing tax evasion, and ensuring fair trade practices. This collaborative approach strengthens border security, improves risk management, and ultimately contributes to a more stable and prosperous economy. The paper highlights the benefits of a coordinated strategy in addressing complex challenges in international trade and taxation.

02/03/2026 Customs Knowledge
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WCO Urges Global Collaboration to Bolster Supply Chain Resilience

WCO Urges Global Collaboration to Bolster Supply Chain Resilience

The Secretary General of the World Customs Organization emphasized the importance of strengthening international cooperation to address global crises and rebuild supply chain resilience at the 7th Annual Meeting of International Organizations. He outlined the WCO's measures to ensure the continued flow of goods and maintain supply chain stability. He also highlighted future areas of cooperation, including digitalization, e-commerce, and disaster management, urging participants to transform crises into opportunities for collaboration. The speech underscored the critical role of customs organizations in facilitating trade and promoting global economic security.

02/03/2026 Customs Knowledge
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Global Customs Body Firms Partner on Disruptive Tech

Global Customs Body Firms Partner on Disruptive Tech

The 44th meeting of the World Customs Organization (WCO) Private Sector Consultative Group (PSCG) focused on the impact of disruptive technologies on the customs environment. It emphasized strengthening customs-private sector cooperation to address cross-border e-commerce challenges, piloting information exchange, and establishing regional organizations. Discussions covered topics such as combating counterfeit goods, global connectivity, the WCO Academy, and trade platforms. The meeting aimed to promote trade facilitation and sustainable economic development by addressing the evolving landscape and fostering collaboration between customs authorities and the private sector.

02/03/2026 Customs Knowledge
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Guatemala Customs Boosts Leadership for Modernization Efforts

Guatemala Customs Boosts Leadership for Modernization Efforts

Guatemalan Customs, with the support of SECO-WCO, held a leadership workshop to enhance the capabilities of its managers. This initiative aims to promote customs modernization and further facilitate trade. The workshop focused on developing leadership skills necessary for effective management and driving strategic improvements within the customs administration. By investing in its leadership, Guatemalan Customs seeks to streamline processes, reduce trade barriers, and ultimately contribute to economic growth and regional competitiveness. The training underscores the importance of strong leadership in achieving sustainable customs reform and trade facilitation objectives.

02/03/2026 Customs Knowledge
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WTO Stresses Trade Facilitation to Boost Global Commerce

WTO Stresses Trade Facilitation to Boost Global Commerce

During the 10th WTO Ministerial Conference, the World Customs Organization and the Kenya Revenue Authority co-hosted a side event focusing on trade facilitation. The event highlighted the importance of coordinated border management, Authorized Economic Operator programs, Time Release Studies, and National Trade Facilitation Committees. It aimed to promote the participation of SMEs and women in global value chains. Participants called for collaborative efforts to overcome challenges and continuously advance trade facilitation, ultimately fostering global trade prosperity. This includes simplifying procedures and harmonizing standards to reduce costs and delays for businesses.

02/03/2026 Customs Knowledge
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WCO Backs Ghana Customs Modernization Plan

WCO Backs Ghana Customs Modernization Plan

The World Customs Organization (WCO), through the WACAM project, assessed and optimized the 2015-2017 strategic plan of the Customs Division of the Ghana Revenue Authority (GRA). This initiative aimed to enhance customs modernization in Ghana, enabling it to better adapt to the international trade environment and safeguard national economic development. The focus was on strategic plan compliance, modernization reforms, capacity building, and improving the monitoring and evaluation unit, along with internal project management capabilities. The project sought to improve GRA's overall effectiveness and efficiency in customs operations.

02/03/2026 Customs Knowledge
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China Calls for WTO Reform at Davos Meeting

China Calls for WTO Reform at Davos Meeting

At the WTO mini-ministerial meeting, China's representative Li Chenggang emphasized the urgency of WTO reform and proposed a pragmatic Chinese approach, including formulating a reform plan, incorporating the Investment Facilitation Agreement, and extending e-commerce tariff exemptions. Participants affirmed the WTO's role and supported reform. China's active participation aims to reshape the future of multilateral trade and promote global economic development. The proposals highlight China's commitment to a more efficient and inclusive global trading system. The focus is on practical solutions and cooperation to revitalize the WTO.

02/03/2026 Customs Knowledge
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Singapore Strengthens Ties with China to Boost Exhibition Hub Status

Singapore Strengthens Ties with China to Boost Exhibition Hub Status

Singapore and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding to deepen cooperation in international exhibitions and MICE events. The collaboration will focus on bringing Chinese exhibitions to Singapore, jointly promoting key sectors such as advanced manufacturing and clean energy, and exploring the green and digital transformation of the MICE industry. The aim is to establish Singapore as a new hub for international exhibitions and promote regional economic development. This partnership signifies a strong commitment to fostering trade and innovation between the two nations.

02/03/2026 Logistics Industry Insights
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YTO Cargo Expands to Bangladesh with New Changshadhaka Route

YTO Cargo Expands to Bangladesh with New Changshadhaka Route

YTO Cargo Airlines launched its first South Asian route, Changsha-Dhaka, connecting Central China with Bangladesh, facilitating cross-border e-commerce and fresh produce trade. YTO Cargo Airlines will also increase the frequency of international routes originating from Changsha, establish a regional headquarters in Central China, and enhance customer cooperation through the GBP project. YTO Cargo Airlines continues to expand, contributing to the Belt and Road Initiative and promoting global trade prosperity. This new route signifies YTO's commitment to expanding its network and supporting economic growth in the region.

02/03/2026 Logistics
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