Serbia Boosts Trade Efficiency with WCO Risk Management Aid

Serbia Boosts Trade Efficiency with WCO Risk Management Aid

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), conducted a risk management workshop for Serbian Customs. The aim was to enhance their risk management capabilities, establish a robust risk management system, and improve their risk registry. This initiative will help Serbian Customs improve inspection efficiency, increase transparency, and ultimately facilitate trade, contributing to the country's economic development.

01/05/2026 Customs Knowledge
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Eswatini Boosts Customs Audits Via WCO Mercator Program

Eswatini Boosts Customs Audits Via WCO Mercator Program

A WCO Mercator Programme diagnostic of Eswatini Customs' PCA aimed to enhance risk management and trade compliance. The assessment recommended improvements to balance control and facilitation, ultimately promoting economic development. The findings highlighted areas for optimization in PCA processes, focusing on data analysis and risk profiling to improve efficiency and effectiveness. This will contribute to a more streamlined and secure trade environment, fostering economic growth and regional integration for Eswatini.

01/05/2026 Customs Knowledge
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Freight Forwarders Adopt New Risk Mitigation Strategies

Freight Forwarders Adopt New Risk Mitigation Strategies

This article provides an in-depth analysis of the operational processes, potential risks, and corresponding strategies associated with designated forwarders. Through a clear explanation of the process and risk warnings, it aims to help exporters better understand and manage designated forwarders, avoid unnecessary losses, and ensure the smooth transportation of goods. It offers practical guidance on navigating the complexities of using a designated forwarder in international trade, ultimately mitigating freight forwarder related risks.

08/23/2025 Logistics Encyclopedia
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Export Invoice Compliance Guide Aids Risk Mitigation

Export Invoice Compliance Guide Aids Risk Mitigation

This paper analyzes the key aspects of export invoice preparation from a data analyst's perspective. It covers crucial elements such as invoice header, issuer information, invoice number, contract number, letter of credit number, issuance address and date, origin and destination, mode of transport, and transportation means. Furthermore, it offers data-driven compliance recommendations to help export companies avoid potential risks and improve trade efficiency. The paper also explores the future trends of digital invoices.

09/26/2025 Document Interpretation
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Douyins Noinventory Shop Model Opportunity or Risk

Douyins Noinventory Shop Model Opportunity or Risk

This article delves into the reality of dropshipping Douyin Shops, acknowledging their advantages like low cost, low risk, and traffic dividends. However, it also highlights challenges such as homogeneous competition, unstable supply chains, and demanding operational skills. Practical suggestions are provided, including refined product selection, differentiation strategies, and emphasizing content marketing. The aim is to help readers rationally assess the dropshipping model, avoid blindly entering the market, and ultimately seize the opportunities presented by Douyin e-commerce.

01/05/2026 Logistics Industry Insights
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WCO Asiapacific Seminar Enhances Customs Risk Management

WCO Asiapacific Seminar Enhances Customs Risk Management

The WCO Asia-Pacific Risk Management and Enforcement Analysis Workshop was held in Japan, aiming to enhance customs risk management capabilities in the Asia-Pacific region. The workshop covered topics such as risk assessment, target setting, and the establishment of national targeting centers. It emphasized the crucial role of data analysis in risk management and contributed to regional trade security and facilitation. Participants discussed best practices and strategies for identifying and mitigating potential threats to trade and supply chains within the region.

01/05/2026 Customs Knowledge
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Turkmenistan Upgrades Customs System to Boost Trade Security

Turkmenistan Upgrades Customs System to Boost Trade Security

Turkmenistan Customs, in collaboration with the World Customs Organization (WCO), held a national workshop on risk management. The workshop aimed to assess and optimize the existing risk management system, enhancing trade security and customs clearance efficiency. It covered the WCO Risk Management Compendium, the latest tools and techniques, and the Authorized Economic Operator (AEO) program. In-depth discussions were held on risk assessment processes, response measures, information sharing, and cooperation. The workshop provides strong support for the modernization of Turkmenistan Customs.

01/05/2026 Customs Knowledge
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