Dennys Supplier Diversity Strategy Boosts Corporate DEI Efforts

Dennys Supplier Diversity Strategy Boosts Corporate DEI Efforts

Denny's views supplier diversity as a cornerstone of its DEI strategy, fostering economic development and social equity by supporting minority-owned businesses. Driven by a transformation following racial discrimination lawsuits, the company actively integrates DEI into its corporate culture and operations. Since 1993, Denny's has spent over $2 billion with diverse suppliers, demonstrating a sustained commitment to expanding diverse partnerships. This commitment reflects a broader effort to address past shortcomings and build a more inclusive and equitable business environment.

Chinese Firms Expand Investments Across Egypts Key Industries

Chinese Firms Expand Investments Across Egypts Key Industries

Over 2,850 Chinese enterprises operate in Egypt, spanning diverse industries like manufacturing, services, agriculture, and telecommunications. China-Egypt economic and trade cooperation is continuously deepening through platforms like investment and innovation forums, bringing mutually beneficial opportunities and contributing to Egypt's economic development. In the future, both sides are expected to expand cooperation in more fields, achieving common prosperity. The increasing Chinese investment is playing a significant role in the Egyptian economy, fostering growth and creating jobs.

Crossborder Logistics Tracking Transforms Global Supply Chains

Crossborder Logistics Tracking Transforms Global Supply Chains

Cross-border logistics tracking is crucial for modern supply chain management. By leveraging information sharing, smart logistics, and technological applications, businesses can monitor cargo transportation in real-time, improving efficiency and reducing risks. Key considerations include compliance, data security, system compatibility, and talent development. A focus on these aspects is essential for building a robust and reliable global logistics system. Real-time visibility allows for proactive problem-solving and better customer service, ultimately strengthening the entire supply chain.

Guatemala Adopts WCO Standards to Enhance Trade with Swiss Aid

Guatemala Adopts WCO Standards to Enhance Trade with Swiss Aid

The Global Trade Facilitation Programme, a collaboration between the World Customs Organization and the Swiss State Secretariat for Economic Affairs, will provide technical assistance to Guatemalan Customs to facilitate its accession to the Revised Kyoto Convention. This initiative aims to improve the efficiency of Guatemalan Customs, reduce trade costs, enhance trade transparency, and ultimately boost its international competitiveness, fostering economic development. This support is crucial for Guatemala to streamline its customs procedures and align with international best practices.

WCO Reforms Global Trade Rules for Crossborder Ecommerce

WCO Reforms Global Trade Rules for Crossborder Ecommerce

The World Customs Organization (WCO) has issued guidelines to regulate cross-border e-commerce, covering data management, risk control, facilitation, security, tax collection, data analysis, partnerships, and legal frameworks. These guidelines aim to promote trade facilitation, ensure security, effectively collect customs duties, and provide a clear framework for global trade. They address the challenges of the digital economy and foster the sustainable development of cross-border e-commerce, ultimately creating a more efficient and secure global trading environment.

Senegal Customs Adopts HR Modernization Under West Africa Project

Senegal Customs Adopts HR Modernization Under West Africa Project

Funded by the Swedish government, the World Customs Organization (WCO) supported the modernization of human resources management in Senegalese Customs through the West Africa Customs Administration Modernization Project. The project focused on building a competency-based human resources management system. Key tools such as job classifications, competency models, and job descriptions were developed to improve Senegalese Customs' management efficiency and international competitiveness. The initiative aims to strengthen the customs administration's capacity and contribute to regional economic development.

Global Trade Shifts Amid Evolving Customs Tariffs

Global Trade Shifts Amid Evolving Customs Tariffs

This article provides an in-depth analysis of international and national customs tariff systems, explaining their definitions, functions, and interrelationships. International tariffs aim to promote trade facilitation and standardization, while national tariffs are independently formulated by each country to serve its own economic development and trade strategy. Understanding and effectively utilizing this system is crucial for businesses and policymakers. This includes navigating varying rates, understanding trade agreements, and complying with regulations to optimize trade strategies and minimize potential costs.

Namibia Adopts WTO Trade Facilitation Measures

Namibia Adopts WTO Trade Facilitation Measures

At the request of Namibia, the WCO assessed its implementation of the Trade Facilitation Agreement (TFA), identifying both challenges and opportunities. The WCO will provide a report to support Namibia's modernization reforms. The assessment aims to help Namibia streamline its customs procedures, reduce trade costs, and improve its overall trade competitiveness. The WCO's support will be crucial in assisting Namibia to overcome obstacles and fully realize the benefits of the TFA, ultimately contributing to its economic growth and development.

Colombia Boosts Customs Efficiency with WCO SECO Backing

Colombia Boosts Customs Efficiency with WCO SECO Backing

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), conducted a strategic planning and project management workshop for the Colombian Tax and Customs Authority (DIAN) to enhance its institutional capacity. The workshop assisted DIAN in building a results-based management system, designing a future development model for Customs, and mastering effective coordination tools. This laid a solid foundation for DIAN's Customs reform efforts, enabling more efficient and effective operations and contributing to increased trade facilitation.

Zambia Boosts Trade Efficiency with Wcobacked AEO Program

Zambia Boosts Trade Efficiency with Wcobacked AEO Program

The World Customs Organization (WCO) supports the Zambia Revenue Authority (ZRA) in establishing an internationally compliant Authorized Economic Operator (AEO) program. This initiative aims to enhance trade facilitation, strengthen supply chain security, and ultimately achieve mutual recognition agreements with neighboring countries, promoting regional trade development. The support involves capacity building and study visits. This collaboration is part of the UK's HMRC's 'Accelerating Trade Facilitation' program, designed to assist Zambia in meeting international standards and improving its overall trade environment.