Revised Kyoto Convention Boosts Global Trade Efficiency

Revised Kyoto Convention Boosts Global Trade Efficiency

The 15th session of the Revised Kyoto Convention (RKC) Management Committee focused on broader accession and effective implementation of the Convention, discussing key principles, challenges, and potential solutions. The meeting highlighted the RKC's crucial role in supporting the implementation of the WTO's Trade Facilitation Agreement. A decision was made to establish a new virtual working group to review and update the Convention, ensuring its adaptation to modern customs management needs. This aims to promote trade facilitation and development globally.

02/03/2026 Customs Knowledge
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WCOWACAM Project Modernizes Ghana Customs Operations

WCOWACAM Project Modernizes Ghana Customs Operations

An assessment by the World Customs Organization (WCO) of its WCO-WACAM project supporting the Ghana Revenue Authority (GRA) revealed significant progress in stakeholder engagement, human resource management, and strategic management. The WCO has proposed further collaboration aimed at strengthening customs administration in Ghana, promoting trade facilitation, and fostering economic development. The project's impact highlights the importance of targeted capacity building initiatives in achieving customs modernization goals and contributing to broader economic growth within the region.

02/03/2026 Customs Knowledge
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WCO Backs Cape Verde in Landmark Customs Efficiency Study

WCO Backs Cape Verde in Landmark Customs Efficiency Study

The World Customs Organization (WCO), through the WACAM project, supported the Cape Verde Customs Administration (CVCA) in conducting its first Time Release Study (TRS) to improve clearance efficiency and optimize trade processes. The workshop brought together stakeholders to develop an action plan, assisting Cape Verde in fulfilling the World Trade Organization's Trade Facilitation Agreement, improving the business environment, and promoting economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline customs procedures and reduce release times.

02/03/2026 Customs Knowledge
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WCO Supports Gambia Revenue Authoritys HR Modernization

WCO Supports Gambia Revenue Authoritys HR Modernization

The World Customs Organization (WCO) is supporting the modernization of human resource management at the Gambia Revenue Authority (GRA) through the West Africa Customs Administration Modernization Project. This project assisted the GRA in finalizing key tools such as the competency directory, job directory, service charter, and job descriptions, laying the groundwork for future communication and change management. The WCO will continue to support the GRA in improving its management level, promoting regional trade facilitation and economic development.

02/03/2026 Customs Knowledge
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Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

The WCO's GTFP assists the NBR in Bangladesh to optimize trade processes and improve efficiency. Through Time Release Studies (TRS) and workshops, it enhances transparency and risk management, fostering economic development. The TRS identifies bottlenecks and areas for improvement in customs procedures. By streamlining these processes, the GTFP contributes to faster clearance times, reduced costs for businesses, and increased trade competitiveness for Bangladesh. The focus on data-driven analysis and collaborative problem-solving ensures sustainable and impactful reforms.

02/03/2026 Customs Knowledge
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Wcos 2021 SAFE Framework Enhances Global Trade Security

Wcos 2021 SAFE Framework Enhances Global Trade Security

The World Customs Organization (WCO) SAFE Framework 2021 has been officially released, adding a core element of cooperation between customs and other government agencies, and revising content such as smart security devices and mutual recognition arrangements. It aims to enhance supply chain security, efficiency, and transparency, reduce trade costs, and promote global trade facilitation and sustainable development. The updated framework emphasizes collaboration and technology to improve the overall security and flow of goods across international borders.

02/03/2026 Customs Knowledge
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Law Firm Targets Ecommerce Sellers Over Copyrighted Art

Law Firm Targets Ecommerce Sellers Over Copyrighted Art

Keith Law Firm is representing Russian artist Maria Belyakova in a copyright lawsuit involving 24 of her artworks. Cross-border e-commerce sellers should immediately conduct self-checks of their store products, remove infringing items, and actively address potential litigation risks. Strengthening copyright awareness and establishing a comprehensive copyright management system are crucial for the long-term development of cross-border e-commerce businesses. Proactive measures can mitigate risks and ensure compliance with intellectual property laws.

02/03/2026 Customs Knowledge
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Spain Mandates Einvoicing Ireland Expands Energy Subsidies

Spain Mandates Einvoicing Ireland Expands Energy Subsidies

This article highlights six major overseas business opportunities, focusing on Spain's e-invoicing reform, Ireland's energy subsidies, UK's research and development investment, Brazil's e-commerce market, Iran's copper industry investment, and Singapore's new listing policies. It provides forward-looking information and decision-making references for companies seeking to expand internationally. The analysis aims to assist businesses in identifying potential ventures and navigating the complexities of global markets, offering valuable insights for strategic planning and successful overseas expansion.

02/03/2026 Customs Knowledge
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7 Key Product Sourcing Strategies for Ecommerce Success

7 Key Product Sourcing Strategies for Ecommerce Success

Product selection for independent e-commerce stores is an art! This article provides seven key strategies, including category segmentation, precise positioning, user persona development, market saturation analysis, differentiation strategies, logistics optimization, and profit margin assessment. Mastering these techniques will help you select high-converting, blockbuster products and tap into overseas markets. By focusing on these areas, you can increase your chances of finding profitable products and achieving success in the competitive world of cross-border e-commerce.

02/03/2026 Logistics Encyclopedia
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Global Ecommerce Expansion Website Costs and Challenges

Global Ecommerce Expansion Website Costs and Challenges

This article provides an in-depth analysis of the various costs associated with building a foreign trade website. It compares the pricing models of mainstream website building platforms and offers practical advice on choosing the right platform. The aim is to help businesses build efficient foreign trade websites within budget and successfully expand into overseas markets. The analysis covers key cost factors and provides actionable insights for making informed decisions about platform selection and overall website development strategy.

02/03/2026 Customs Knowledge
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