Smart Customs Tech Boosts Global Trade Efficiency WCOWTO Report

Smart Customs Tech Boosts Global Trade Efficiency WCOWTO Report

The joint WCO/WTO report delves into the application, best practices, and challenges of technologies like blockchain, IoT, and big data in customs. It emphasizes that customs administrations should actively embrace technological change, strengthen international cooperation, increase technology investment, and improve regulatory frameworks. The goal is to enhance trade facilitation and promote global economic development. The report highlights the need for customs to adapt to the evolving technological landscape to effectively manage cross-border trade and ensure security.

Barbados Customs Enhances Efficiency with HR Management Reform

Barbados Customs Enhances Efficiency with HR Management Reform

The Barbados Customs and Excise Department (BCED) is undergoing a competency-based HRM reform in collaboration with the World Customs Organization (WCO) and the International Monetary Fund (IMF). Aiming to enhance operational efficiency, revenue collection, and stakeholder engagement, BCED is committed to modernizing its talent management practices. This involves developing a competency framework, job catalog, and exploring the establishment of an internal HRM department. By strengthening its human resources, BCED seeks to contribute more effectively to economic development.

WCO Supports Timorleste in Developing Advanced Trade System

WCO Supports Timorleste in Developing Advanced Trade System

The World Customs Organization (WCO) continuously provides capacity building support to Timor-Leste Customs, focusing on the design and implementation of valuation training programs, as well as enhancements in risk management and intelligence. In cooperation with the Norwegian Agency for Development Cooperation (NORAD), the WCO completed the valuation training module, improved risk management capabilities, and introduced the concept of the 'intelligence cycle'. This assistance supports the modernization of Timor-Leste Customs and contributes to its economic development.

Ghana Revenue Authority Upgrades HR System with WCO Support

Ghana Revenue Authority Upgrades HR System with WCO Support

The Ghana Revenue Authority (GRA), with support from the World Customs Organization (WCO), has launched a blueprint for Human Resource Modernization. Through the WCO WACAM project, the GRA aims to establish a competency-based HR management system. This includes optimizing recruitment processes, strengthening employee training, improving performance management, and enhancing the capabilities of the HR department. The overall goal is to contribute to the economic development of Ghana by creating a more effective and efficient workforce.

WCO Backs Benins Customs Reform to Boost Cotonou Port Trade

WCO Backs Benins Customs Reform to Boost Cotonou Port Trade

With the assistance of the World Customs Organization (WCO), Benin has launched a customs reform and modernization strategy. The aim is to improve the efficiency of the Port of Cotonou, optimize clearance procedures, strengthen risk management, and introduce advanced technologies. Through international tenders and expert support, the action plan is continuously adjusted to meet the needs of port expansion and modernization. Initial monitoring missions assess the progress of the reforms, laying the foundation for Benin's economic development.

US Import Growth Slows As Tariff Concerns Mount

US Import Growth Slows As Tariff Concerns Mount

According to an S&P Global Market Intelligence report, US import volumes continue to rise, but tariff policies and weakening demand could lead to declines in the coming quarters. Consumer goods imports are leading the way, while industrial goods imports show mixed performance. Experts advise businesses to closely monitor policy changes and respond flexibly to navigate the uncertainty. Companies should be prepared for potential disruptions to their supply chains due to evolving trade dynamics and economic conditions.

US Container Imports Drop Weak Trade Outlook Through 2026

US Container Imports Drop Weak Trade Outlook Through 2026

US container imports declined in October, a trend potentially lasting until 2026. While auto parts and appliances saw growth, consumer electronics experienced a downturn. Excess inventory poses a risk, necessitating inventory optimization and close monitoring of policy changes. The drop in imports reflects ongoing trade headwinds and suggests a need for businesses to adapt their strategies to navigate the evolving economic landscape. Further analysis is needed to fully understand the underlying drivers and potential long-term impacts.

Fiji Airways Expands Cargo Services As South Pacific Hub

Fiji Airways Expands Cargo Services As South Pacific Hub

Fiji Airways is upgrading its cargo services, reinforcing its position as a key aviation hub in the South Pacific. Based at Nadi International Airport, Fiji Airways connects Oceania, Asia, and North American markets. Handling over 80,000 tons of cargo annually, it provides an efficient logistics channel for regional trade, particularly benefiting the rapid transportation of perishable goods. This enhancement strengthens Fiji's role in facilitating international commerce and supporting the economic growth of the surrounding island nations.

01/22/2026 Airlines
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