Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

This article interprets the Customs Valuation Committee DECISION 4.1 resolution, addressing the valuation challenges of software carriers. It elaborates on two valuation methods, special circumstances considerations, and corresponding corporate strategies. The aim is to provide clarity and guidance on how to properly value software carriers for customs purposes, ensuring compliance and minimizing potential disputes in international trade. The article offers practical insights for businesses involved in the import and export of software-related products.

02/02/2026 Customs Knowledge
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Kazakhstan Boosts Customs Oversight with WCO Training

Kazakhstan Boosts Customs Oversight with WCO Training

The World Customs Organization (WCO) held a risk analysis workshop in Kazakhstan to enhance the risk management capabilities of the Tax Committee. The workshop aimed to optimize profiling processes, ensuring economic security and trade facilitation. The initiative supports Kazakhstan's efforts to improve its customs procedures and strengthen international cooperation in risk management. By focusing on effective risk analysis, the program contributes to a safer and more efficient trading environment for Kazakhstan and its partners.

02/03/2026 Customs Knowledge
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Guide to Mitigating Lost Ocean Bills of Lading Costs

Guide to Mitigating Lost Ocean Bills of Lading Costs

Losing an ocean Bill of Lading (B/L) is a common issue in international trade. This guide provides a comprehensive emergency response, including immediate loss mitigation measures and three core remedies: Telex Release, Replacement Original B/L, and Bank Guarantee. It details the processes, applicable scenarios, advantages, disadvantages, cost breakdowns, and risk warnings for each solution. This aims to help cargo owners quickly address lost B/L issues and minimize potential losses.

02/03/2026 Logistics Encyclopedia
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Asiapacific Leads in Adopting Global Ecommerce Standards

Asiapacific Leads in Adopting Global Ecommerce Standards

The WCO Cross-border E-commerce Framework was launched in the Asia-Pacific region to standardize e-commerce activities. Experts recommend strengthening identity management, data exchange, and other aspects. The Asia-Pacific region should actively participate in standard setting and seize opportunities presented by cross-border e-commerce. This initiative aims to facilitate trade, enhance security, and promote consumer protection within the region's rapidly growing digital economy. Collaboration and harmonization are key to successful implementation.

02/03/2026 Customs Knowledge
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WCO JICA Boost Customs Training in Pacific Islands

WCO JICA Boost Customs Training in Pacific Islands

The WCO/JICA joint project implements an Advanced Training of Trainers program in Pacific Island Countries. It aims to enhance the autonomous training capabilities of these countries' customs administrations in areas like customs valuation and commodity classification. This is achieved by building a regional pool of trainers and developing customized training materials. Ultimately, the project contributes to regional economic development by strengthening customs expertise and promoting efficient trade practices within the Pacific Island region.

02/03/2026 Customs Knowledge
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Mali Customs Adopts Competencybased HRM for Modernization

Mali Customs Adopts Competencybased HRM for Modernization

With the support of the WCO, Mali Customs has initiated HRM modernization reforms, employing a competency model to enhance personnel quality. Facing challenges, the reform aims to build a modern HRM system to promote development. The focus is on improving employee skills and performance through a structured framework, ultimately contributing to a more efficient and effective customs administration. This initiative is crucial for Mali Customs to meet international standards and facilitate trade.

02/03/2026 Customs Knowledge
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Pacific Islands Boost Tax Revenue with Regional Training

Pacific Islands Boost Tax Revenue with Regional Training

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), launched the 'Master Training Program (MTP)' to enhance the revenue management capacity of Customs administrations in Pacific Island Countries. The program focuses on developing tax experts and improving the accuracy of customs valuation and HS code classification, thereby promoting trade facilitation and sustainable economic development. Pacific Island Customs administrations have identified revenue-related issues as a primary focus of the MTP.

02/03/2026 Customs Knowledge
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Automechanika Frankfurt 2026 to Shape Automotive Aftermarket Trends

Automechanika Frankfurt 2026 to Shape Automotive Aftermarket Trends

Automechanika Frankfurt 2026 will be held in September, focusing on environmental protection. Eurocheng Exhibition organizes a visiting group to help Chinese companies expand into the international market. Plan ahead! This prominent automotive trade fair provides a platform to explore the latest innovations, connect with industry leaders, and gain valuable insights into the future of the automotive aftermarket. Join the Eurocheng Exhibition group for a comprehensive experience and maximize your business opportunities at Automechanika Frankfurt 2026.

02/03/2026 Logistics Industry Insights
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Ecommerce Sellers Face Copyright Lawsuit Over Fruit Artwork

Ecommerce Sellers Face Copyright Lawsuit Over Fruit Artwork

Copyrighted artwork VA1-922-855 by Spanish artist Jose Martin poses a risk of infringement in cross-border e-commerce. Publicly available case information warns sellers of potential TRO freezing risks. Sellers should immediately conduct self-checks and remove infringing products. Establishing a copyright review mechanism is crucial to ensure compliant operation. Avoiding unauthorized use of copyrighted material is essential for navigating the complexities of international trade and mitigating potential legal repercussions.

02/03/2026 Customs Knowledge
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Meike Home Furnishings Shifts Strategy Amid Plant Closures Tech Deal

Meike Home Furnishings Shifts Strategy Amid Plant Closures Tech Deal

Markor Home Furnishings, facing deteriorating business and financial conditions, announced the suspension of production at two subsidiaries in Tianjin. The company plans a strategic shift by acquiring optoelectronic company Wonder Tides through asset restructuring. This move reflects the trend of traditional furniture companies actively seeking new growth opportunities in the face of global trade changes and market competition, aiming to enhance sustainable business capabilities by entering the 'new quality productive forces' sector.

02/03/2026 Logistics Industry Insights
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