Eastsouthern Africa Customs Officials Tackle Transfer Pricing

Eastsouthern Africa Customs Officials Tackle Transfer Pricing

A joint workshop by the World Customs Organization (WCO) and the OECD aimed to enhance the expertise of customs officials in East and Southern Africa on transfer pricing and customs valuation. The initiative promotes regional customs cooperation, maintains fair trade practices, and combats tax evasion. By strengthening the capacity of customs administrations in these areas, the workshop supports efforts to ensure accurate valuation of goods and prevent illicit financial flows, ultimately contributing to a more transparent and equitable global trading system.

Nigeria Customs Boosts Gender Equality with WCO Backing

Nigeria Customs Boosts Gender Equality with WCO Backing

The Nigeria Customs Service, in collaboration with the World Customs Organization (WCO), is actively promoting a gender equality and diversity strategy. Initiatives include revising action plans and conducting GED (Gender Equality and Diversity) training to raise awareness among customs officers and foster an inclusive work environment. The WCO will continue to provide technical support to help Nigeria Customs achieve more equitable and efficient development. The aim is to create a workplace where everyone feels valued and respected, contributing to a stronger and more effective customs administration.

Cte Divoire Customs Boosts Gender Equality with WCO Backing

Cte Divoire Customs Boosts Gender Equality with WCO Backing

The WCO conducted an assessment in Côte d'Ivoire on the progress of gender equality and diversity within customs administration. The assessment provided recommendations for improvement, aiming to create a work environment that promotes equal opportunities for all. The focus was on identifying areas where customs practices and policies could be enhanced to foster a more inclusive and equitable workplace, benefiting both employees and the effectiveness of customs operations. Ultimately, this initiative supports the WCO's commitment to promoting gender equality and diversity within its member organizations.

VAT Zerorating Boosts International Aviation Connectivity

VAT Zerorating Boosts International Aviation Connectivity

The unique nature of international air transport clashes with traditional tax jurisdictions. This paper argues for the necessity of implementing a zero-rating VAT refund mechanism for international aviation. It emphasizes that this mechanism can reduce operational costs, promote international travel and trade, enhance competitiveness, and ensure fairness. ICAO resolutions provide guidance for governments to develop relevant policies, contributing to the construction of an interconnected global aviation network. This approach helps to streamline processes and foster a more efficient and equitable system for international air travel.

WCO Upgrades Gender Equality Tool for Customs Agencies

WCO Upgrades Gender Equality Tool for Customs Agencies

The World Customs Organization (WCO) has released an updated Gender Equality Organizational Assessment Tool (GEOAT) to assist member customs and tax administrations in assessing the integration of gender equality and diversity within their internal policies, practices, and external relations. The 2023 update focuses on security, action, and user experience. It includes a new security and safety chapter, strengthens action-oriented templates, and optimizes user experience design. This aims to promote gender equality within the customs domain and improve organizational performance through a more inclusive and equitable environment.

WCO Advocates Gender Equality in Global Trade Reform

WCO Advocates Gender Equality in Global Trade Reform

The World Customs Organization (WCO) has released a Declaration on Gender Equality and Diversity, aiming to promote fairness and inclusion within customs systems. Eight key actions are outlined to eliminate discrimination, enhance efficiency, and foster sustainable development. These actions focus on creating a more equitable and representative workforce, ensuring equal opportunities, and promoting a culture of respect and understanding. The WCO hopes this declaration will serve as a catalyst for positive change within customs administrations worldwide, leading to a more inclusive and effective global trade environment.

Chinese Meme Dictionary Sued Over Copyright Dispute

Chinese Meme Dictionary Sued Over Copyright Dispute

Xiaoji Dictionary's shutdown due to a copyright dispute highlights the challenges small startups face in protecting their rights against internet giants. The article delves into the copyright conflict between Xiaoji Dictionary and Weibo, exploring issues like high litigation costs and limited business models. It calls for improved laws and regulations, increased copyright awareness, and the creation of a healthy internet ecosystem. The case exemplifies the David and Goliath battle in the digital age, emphasizing the need for a more equitable playing field for smaller companies.

Fairphone Partners With Flexport to Boost Sustainable Supply Chain

Fairphone Partners With Flexport to Boost Sustainable Supply Chain

Fairphone partnered with Flexport to optimize its ethical supply chain, accelerating time-to-market and achieving sustainable development goals. This collaboration aims to enhance transparency and efficiency throughout the supply chain. By leveraging Flexport's technology and expertise, Fairphone can better track and manage its materials sourcing, manufacturing processes, and distribution channels, ensuring that its commitment to ethical and sustainable practices is upheld. This partnership demonstrates a dedication to responsible business practices and a desire to create a more equitable and environmentally friendly mobile phone industry.

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WTO and WCO Partner to Enhance Global Trade Living Standards

WTO and WCO Partner to Enhance Global Trade Living Standards

The Director-General of the World Trade Organization (WTO) emphasized the crucial role of collaboration between trade and customs communities in improving global well-being at the World Customs Organization (WCO) Council meeting. By strengthening information sharing, capacity building, and technological innovation, the WTO and WCO can jointly build a more prosperous, equitable, and sustainable global trading system. This cooperation is essential for facilitating trade, ensuring security, and promoting economic development worldwide. The focus is on streamlining processes and fostering a collaborative environment for mutual benefit.

Global Shift Nations Reduce Reliance on US in Key Sectors

Global Shift Nations Reduce Reliance on US in Key Sectors

The global trend of "De-Americanization" is accelerating, with nations pursuing independent development in economics, technology, culture, and politics. China actively participates in reforming the global governance system through supply chain diversification, independent research and development, cultural confidence, and independent diplomacy. This contributes to building a more just and equitable international order and enhances China's influence on the global stage. China's efforts aim to foster a multipolar world where nations have greater autonomy and can contribute to global solutions based on their own values and priorities.