WCO Aids Namibia in Upgrading Customs System ASYCUDA

WCO Aids Namibia in Upgrading Customs System ASYCUDA

The World Customs Organization, through its 'Accelerated Trade Facilitation Programme,' is leveraging the experience of the Zambia Revenue Authority to enhance the Namibia Revenue Agency's application capabilities of the ASYCUDA World system. This initiative aims to promote trade facilitation and economic growth. The program emphasizes a 'Customs-to-Customs' cooperation model, facilitating knowledge transfer and practical site visits to improve the operational efficiency of the Namibia Revenue Agency.

01/05/2026 Customs Knowledge
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Mauritius Revenue Authority Upgrades HRM After WCO Review

Mauritius Revenue Authority Upgrades HRM After WCO Review

The World Customs Organization conducted a diagnostic review of the Mauritius Revenue Authority's (MRA) human resource management system to support the MRA in establishing a modern and transparent HRM system. The review team proposed competency-based recommendations for improvement, which the MRA intends to actively adopt to enhance its human resource management capabilities and support its tax administration functions. This initiative aims to strengthen the MRA's ability to attract, retain, and develop skilled personnel, ultimately improving the efficiency and effectiveness of tax collection and compliance.

01/05/2026 Customs Knowledge
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Chinese Firms Target South Koreas Ecommerce Market with Trademark Strategy

Chinese Firms Target South Koreas Ecommerce Market with Trademark Strategy

The 30th anniversary of diplomatic relations between China and South Korea and the entry into force of RCEP bring new opportunities for cross-border e-commerce. The Korean e-commerce market has huge potential. To seize the market opportunity, Chinese companies should attach importance to trademark registration, follow the "first-to-file" principle, and understand the Korean trademark registration process, characteristics, and required materials to avoid brand damage. Early registration is key to protecting your brand and establishing a strong presence in the Korean market.

01/05/2026 Customs Knowledge
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ATA Predicts Record Trucking Volumes by 2035

ATA Predicts Record Trucking Volumes by 2035

The American Trucking Associations (ATA) forecasts that road transportation will continue to dominate the freight market over the next decade, reaching nearly 14 million tons by 2035. The report highlights the crucial role of road transport in economic development, analyzing key drivers of growth while also pointing out industry challenges and opportunities. Road transportation companies need to respond proactively, seize opportunities, and achieve sustainable development. The report underscores the importance of adapting to changing market dynamics to maintain competitiveness and contribute to economic prosperity.

01/07/2026 Logistics Industry Insights
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Comoros Enhances Trade Via WTO Customs Training

Comoros Enhances Trade Via WTO Customs Training

The World Trade Organization (WTO) and the World Customs Organization (WCO) jointly held a workshop to provide technical assistance on customs valuation to Comoros, which is seeking to join the WTO, helping it fulfill its accession obligations. The workshop focused on the WTO's Valuation Agreement, covering valuation methods, appeal procedures, pre-shipment inspection, and trade facilitation. The aim was to enhance Comoros' trade competitiveness and build an efficient and transparent trade environment. The training is crucial for Comoros to align its customs practices with international standards.

01/07/2026 Customs Knowledge
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Mexican Peso Weakens Against US Dollar Amid Economic Uncertainty

Mexican Peso Weakens Against US Dollar Amid Economic Uncertainty

The recent exchange rate movements of the Mexican peso against the US dollar have garnered significant attention, with 5 Mexican pesos currently equivalent to approximately 0.27 dollars. Over the past 30 days, the exchange rate has shown notable volatility, peaking at 0.054001 dollars and dipping to a low of 0.052947 dollars. Investors should pay close attention to changes in the international situation to make informed decisions.

09/05/2025 Exchange Rate Query
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Banco Central De Sao Tome Simplifies SWIFT Transfers

Banco Central De Sao Tome Simplifies SWIFT Transfers

This article provides a detailed explanation of the SWIFT/BIC code CSTPSTSTXXX for the Central Bank of Sao Tome and Principe (Banco Central de Sao Tome e Principe). It clarifies how to correctly use this code in international money transfers and outlines the additional bank information required to ensure successful cross-border remittances to this bank. The aim is to assist readers in smoothly completing international transfers to Banco Central de Sao Tome e Principe.

09/03/2025 International Settlement
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Verify Access Bank Guinees SWIFT Code for Secure Remittances

Verify Access Bank Guinees SWIFT Code for Secure Remittances

This article provides a detailed guide on SWIFT/BIC codes necessary for international money transfers to Access Bank Guinee. It emphasizes the importance of accurately providing the ABNGGNGNXXX code to ensure successful transactions. The guide offers practical tips to avoid delays and ensure secure and efficient cross-border payments. It aims to help readers navigate the complexities of international transfers when sending money to Access Bank in Guinea, ultimately facilitating smoother and more reliable transactions.

09/03/2025 International Settlement
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