Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

The World Customs Organization, in collaboration with the OECD and the World Bank Group, held an Asia-Pacific seminar focusing on the nexus between customs valuation and transfer pricing. The conference emphasized the need for enhanced information sharing and collaborative supervision between tax and customs authorities to address challenges posed by related-party transactions. This aims to improve cross-border trade compliance, enhance tax collection efficiency, and build a more efficient cross-border trade regulatory system. The discussions highlighted practical approaches and best practices for effective collaboration.

12/30/2025 Customs Knowledge
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WCO World Bank Boost Trade Facilitation Partnership

WCO World Bank Boost Trade Facilitation Partnership

A high-level meeting between the World Customs Organization and the World Bank Group aimed to deepen collaboration and jointly promote global trade facilitation. Both parties reviewed past achievements and discussed future cooperation directions, emphasizing autonomous approaches, coordinated border management, and customs-business partnerships. They reaffirmed their commitment to strengthening communication and collaboration, striving towards a future of enhanced trade facilitation. The meeting highlighted the importance of continued partnership in navigating the evolving landscape of international trade and ensuring efficient and secure global supply chains.

12/30/2025 Customs Knowledge
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ICC WCO Partner to Simplify Global Trade Processes

ICC WCO Partner to Simplify Global Trade Processes

The International Chamber of Commerce (ICC) and the World Customs Organization (WCO) continue their collaboration, focusing on trade facilitation and discussing key issues such as origin verification, transit, and single windows. They pay particular attention to the role and position of SMEs in global trade, jointly seeking best practices to support them. The aim is to build a more open, inclusive, and efficient global trading system. This ongoing partnership underscores the commitment to simplifying trade processes and empowering SMEs to participate effectively in the international marketplace.

12/30/2025 Customs Knowledge
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Ghana Customs Advances Modernization with WCOWACAM Project

Ghana Customs Advances Modernization with WCOWACAM Project

The World Customs Organization (WCO) assessed the impact of the WCO-WACAM project's support to the Ghana Revenue Authority (GRA), revealing significant progress in stakeholder engagement, human resource management, and strategic management. The WCO will continue to deepen its cooperation with the GRA, assisting its modernization efforts and enhancing trade facilitation. This collaboration aims to contribute to Ghana's economic development by streamlining customs procedures and fostering a more efficient trading environment. The WCO remains committed to supporting the GRA in achieving its strategic goals.

12/30/2025 Customs Knowledge
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WACAM Project Advances Customs Modernization in West Africa

WACAM Project Advances Customs Modernization in West Africa

The West Africa Customs Administration Modernization (WACAM) project aims to improve customs management and operational efficiency in West African countries. Through regional workshops and national support missions, it shares best practices in strategic management and provides capacity building support in areas such as human resource management, stakeholder relations, and resource mobilization. The project has successfully held resource mobilization workshops and will continue to advance stakeholder relations workshops, contributing to customs modernization in West Africa. The goal is to create more effective and efficient customs administrations.

12/30/2025 Customs Knowledge
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WCO Urges Modernization to Boost Sri Lankas Economy

WCO Urges Modernization to Boost Sri Lankas Economy

WCO Secretary General Kunio Mikuriya's speech at the Postgraduate Institute of Management, Sri Lanka, highlighted the importance of knowledge, communication, and integrity, exploring the role of customs modernization in post-conflict economic reconstruction. Through the Master of Customs Administration program, research seminars, and meetings with government officials and business representatives, the Secretary General emphasized the crucial role of knowledge-driven approaches, public-private partnerships, and international cooperation in building an efficient trade environment. These elements are vital for fostering economic growth and stability in the region.

12/30/2025 Customs Knowledge
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Ecommerce Firms Adopt Stricter Air Freight Packaging Standards

Ecommerce Firms Adopt Stricter Air Freight Packaging Standards

This article provides a comprehensive cargo packaging guide for cross-border e-commerce sellers focusing on international air freight. It details the selection of appropriate packaging materials for different types of goods, standardized packaging methods, and international regulations and precautions to be followed. The aim is to help sellers mitigate logistical risks and enhance customer satisfaction by ensuring goods are properly packaged for safe and efficient transport via air. This guide covers essential aspects of packaging to avoid damage and comply with international standards.

12/30/2025 Logistics Encyclopedia
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AI and Digital Identity Revolutionize Aviation Industry

AI and Digital Identity Revolutionize Aviation Industry

The aviation industry is embracing AI and digital identity technologies to enhance efficiency, experience, and security. IATA is promoting collaboration and leveraging data-driven approaches to build the future of aviation. These technologies are being used to streamline operations, personalize passenger experiences, and improve security measures. By working together and utilizing data effectively, the aviation industry can create a more efficient, secure, and enjoyable travel experience for everyone. The focus is on leveraging these advancements to optimize processes and enhance overall performance within the sector.

12/30/2025 Logistics Industry Insights
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Global Airline Group IATA Enhances Profitability with Streamlined Settlements

Global Airline Group IATA Enhances Profitability with Streamlined Settlements

The IATA Clearing House (ICH) is a leading global clearing center for the aviation industry. It helps airlines and aviation service companies achieve efficient profitability by streamlining settlement processes, reducing risk, and optimizing cash flow. With a large settlement volume, a broad network of participants, and an excellent settlement success rate, the ICH is a trusted partner. It simplifies complex financial transactions within the air transport industry, ensuring timely and secure payments between airlines and related entities, ultimately contributing to the financial stability of the sector.

12/30/2025 International Settlement
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WCO Committee Outlines Global Customs Modernization Strategy

WCO Committee Outlines Global Customs Modernization Strategy

The 209th/210th sessions of the WCO Permanent Technical Committee focused on the future development of customs, discussing key issues such as e-commerce, information technology, performance measurement, and customs-business partnerships. The meetings aimed to address the challenges posed by emerging technologies and changes in the global trade landscape, building a more efficient, secure, and convenient global trading environment. Discussions centered on how customs administrations can leverage innovation and collaboration to streamline processes and enhance security in the face of evolving trade patterns.

12/30/2025 Customs Knowledge
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