WTO Marks 50 Years of Fair Trade Rules Under Customs Pact

WTO Marks 50 Years of Fair Trade Rules Under Customs Pact

This paper reviews the 50-year development of the WTO Customs Valuation Agreement, emphasizing its crucial role in maintaining fair trade and promoting international cooperation. It examines the agreement's impact on global trade practices and its contributions to reducing trade barriers. Furthermore, the paper looks forward to future development directions, considering emerging challenges and opportunities in the international trade landscape. It highlights the agreement's continued relevance in ensuring transparent and predictable customs valuation procedures, fostering trust among trading partners, and facilitating efficient cross-border trade flows.

01/05/2026 Customs Knowledge
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Airlines Use Iatas MCX to Cut Maintenance Costs Boost Profits

Airlines Use Iatas MCX to Cut Maintenance Costs Boost Profits

IATA's MCX project helps airlines analyze aircraft maintenance costs and optimize operations. The free tools and reports empower businesses to make informed decisions and enhance their competitiveness. By leveraging data analysis, airlines can identify cost-saving opportunities within their maintenance programs. This leads to more efficient resource allocation and improved overall operational performance. The MCX project provides valuable insights into maintenance cost drivers, enabling airlines to proactively manage their expenses and ensure long-term financial sustainability. Ultimately, this contributes to a more robust and competitive aviation industry.

01/05/2026 Airlines
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Peru Boosts Border Efficiency with WCO Trade Partnership

Peru Boosts Border Efficiency with WCO Trade Partnership

The World Customs Organization (WCO) conducted a follow-up mission to Peruvian border agencies to strengthen cooperation and improve border control efficiency. By introducing the Coordinated Border Management (CBM) concept and developing a roadmap, focusing on enhanced information sharing, standardized procedures, risk management, and capacity building, Peru aims to establish an efficient and collaborative border control system. This initiative is expected to facilitate trade, boost economic development, and create new opportunities for growth. The mission highlights the importance of international collaboration in modernizing border operations.

01/05/2026 Customs Knowledge
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Europe Adapts Trade Strategies in Postpandemic Economy

Europe Adapts Trade Strategies in Postpandemic Economy

The FWD21 Europe video discussion unveils emerging trends in European trade in the post-pandemic era. Experts analyze the impact of key factors like supply chains, geopolitics, and digital transformation. The discussion emphasizes the need for businesses to be agile and adaptable, embrace digitalization, and prioritize sustainable development to seize opportunities and address challenges. Companies must leverage digital tools and strategies to navigate the evolving landscape and maintain competitiveness in the new normal. The focus is on building resilient and future-proofed trade practices.

01/05/2026 Logistics Industry Insights
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Revised Kyoto Convention Aims to Streamline Global Trade Customs

Revised Kyoto Convention Aims to Streamline Global Trade Customs

The World Customs Organization (WCO) is promoting a comprehensive revision of the Revised Kyoto Convention (RKC) to simplify and harmonize customs procedures across countries. The 7th RKC Review Working Group meeting established a 'four-step framework' for the revision process and discussed revisions to rules of origin. The RKC revision presents both opportunities and challenges for import and export companies. Businesses should closely monitor progress, actively participate, and adapt to the new trade environment. This adaptation is crucial for maintaining competitiveness in the global market.

12/30/2025 Customs Knowledge
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US De Minimis Tariff Policy Challenges Crossborder Ecommerce

US De Minimis Tariff Policy Challenges Crossborder Ecommerce

Recent fluctuations in the US de minimis tariff policy have created uncertainty for cross-border e-commerce businesses exporting to the US market. This article analyzes the impact of these policy changes and proposes strategies such as leveraging window periods, diversifying markets, and optimizing logistics. The aim is to help cross-border e-commerce sellers proactively adapt to market changes and seize opportunities amidst the evolving landscape. By understanding and implementing these strategies, sellers can mitigate risks and maintain competitiveness in the US market.

12/30/2025 Customs Knowledge
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OZON Expands to Central Asia Boosting Ecommerce for Chinese Sellers

OZON Expands to Central Asia Boosting Ecommerce for Chinese Sellers

Russian e-commerce platform OZON has opened new country sites in Armenia, Kyrgyzstan, and Azerbaijan to Chinese merchants, creating new opportunities for cross-border e-commerce. This article analyzes the market characteristics of these three countries and OZON's support policies. It also reminds sellers to pay attention to market research, product selection, logistics, customer service, and compliant operation to help Chinese sellers tap into the Central Asian market. Focus on understanding local demands and adapting strategies for success in these emerging e-commerce landscapes.

12/30/2025 Logistics
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WHO WCO Boost Data Tracking to Curb Illicit Tobacco Trade

WHO WCO Boost Data Tracking to Curb Illicit Tobacco Trade

In 2009, the WCO and WHO met to collaborate on the Protocol to Eliminate Illicit Trade in Tobacco Products, focusing on a global tracking system, international cooperation, and capacity building. The WCO pledged support for the Protocol's implementation and encouraged member participation. This analysis delves into the challenges and opportunities in combating illicit tobacco trade from a data perspective. It emphasizes the importance of data collection, risk assessment, intelligence analysis, and technological innovation. The article calls for a concerted international effort to address this global issue.

12/30/2025 Customs Knowledge
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Greenland Opens Ammassalik Heliport As Eastern Gateway

Greenland Opens Ammassalik Heliport As Eastern Gateway

Ammassalik Heliport, located in eastern Greenland, serves as a crucial air link connecting the region to the outside world. It provides passenger and cargo services, with Greenland Aviation operating the primary routes. The infrastructure is relatively simple, but essential for local transportation. Future development faces challenges including climate change, funding limitations, and environmental protection. The heliport provides tourists with opportunities to explore eastern Greenland's natural landscapes and Inuit culture. It is a vital point for accessing this remote and beautiful part of the world.

12/30/2025 Airport Codes
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IATA Expands Sustainability Program for Greener Aviation

IATA Expands Sustainability Program for Greener Aviation

IATA's IEnvA environmental assessment program reached a significant milestone, with the 27th Environmental Oversight Committee meeting focusing on training, standard updates, and project expansion. The aim is to enhance airlines' environmental performance and unlock new opportunities for sustainable development. By simplifying registration and integrating assessment projects, IATA helps companies build a more comprehensive sustainability system, jointly painting a green blueprint for the aviation industry. This initiative promotes environmental best practices and encourages airlines to improve their environmental footprint through a structured and recognized framework.

12/30/2025 Logistics Industry Insights
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