WTO Extends Trade Program to Aid Developing Nations Customs

WTO Extends Trade Program to Aid Developing Nations Customs

The Global Trade Facilitation Programme (GTFP), a collaboration between the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been extended until December 2023 due to its significant achievements. The program aims to promote economic growth in developing countries by simplifying trade procedures and improving customs administration through capacity building. This extension will consolidate gains, address challenges posed by the pandemic, and enhance sustainability, ultimately providing long-term development opportunities for beneficiary countries.

WCOJICA Enhances Customs Valuation in Pacific Islands

WCOJICA Enhances Customs Valuation in Pacific Islands

The World Customs Organization (WCO), in partnership with the Japan International Cooperation Agency (JICA), launched a Customs Valuation Mentor Training Program for Pacific Island Countries, aiming to build a regional pool of experts and enhance customs valuation capabilities. The program promotes regional cooperation, enhances competitiveness, and achieves sustainable development by cultivating local experts and developing regional training materials. Recommended follow-up actions include strengthening training evaluation, establishing an information-sharing platform, and improving legal and regulatory frameworks.

Asiapacific Customs Boosts Skills Via Remote Training

Asiapacific Customs Boosts Skills Via Remote Training

The 19th Heads of Asia Pacific WCO Regional Training Centers (RTCs) Meeting explored the role of remote training in customs capacity building during the pandemic. RTCs shared experiences, challenges, and innovative initiatives, emphasizing strengthened cooperation. They highlighted the use of data analytics and VR technologies to promote personalized and practical training. This aims to address the complex international trade environment and enhance regional customs capabilities.

US Trade Rep Tai Seeks Balance in China Relations

US Trade Rep Tai Seeks Balance in China Relations

U.S. Trade Representative Katherine Tai, in her CSIS speech, outlined the U.S.'s new trade strategy towards China, emphasizing a "results-oriented" approach. She highlighted the importance of China's compliance with existing trade agreements and the potential use of trade remedies. While expressing willingness to cooperate with China on issues like climate change, she warned that the U.S. will take further action if China does not alter its trade policies. The focus is on ensuring fair competition and holding China accountable for its commitments.

Global AEO Program Enhances Secure Efficient Trade

Global AEO Program Enhances Secure Efficient Trade

This paper provides an in-depth analysis of the World Customs Organization's (WCO) SAFE Framework of Standards, focusing on the concept, objectives, and significance of the Authorized Economic Operator (AEO) program. It outlines the global development of AEO programs, emphasizing the importance of customs compliance programs and Mutual Recognition Arrangements/Agreements (MRAs). The paper also explores future trends in AEO programs. The aim is to offer readers a comprehensive understanding of the AEO initiative and its implications for international trade security and customs compliance.

WCO and ICAO Enhance Air Cargo Security to Support Global Trade

WCO and ICAO Enhance Air Cargo Security to Support Global Trade

The World Customs Organization (WCO) and the International Civil Aviation Organization (ICAO) have jointly released new regulations to strengthen air cargo security and facilitate trade. Through the 'Joint Guiding Principles on Pre-Loading Advance Cargo Information' and the 'Joint Guidance on the Coordination of Customs Authorized Economic Operator and Aviation Security Regulated Agent/Known Consignor Programmes', the initiative aims to improve risk assessment and program coordination. This collaborative effort seeks to build a safer and more efficient global air cargo supply chain.

PLACI Expands Air Cargo Security with 71 Data Elements

PLACI Expands Air Cargo Security with 71 Data Elements

PLACI (Advance Cargo Information) is an aviation security enhancement initiative recommended by the World Customs Organization and the International Civil Aviation Organization. It involves collecting 7+1 elements of cargo information in advance for regulatory risk assessment. PLACI is not a standalone security measure but a crucial component of a multi-layered security system. Its purpose is to provide early risk warnings, enable precise targeting, and optimize resource allocation, ultimately enhancing aviation security. It aims to proactively identify threats and improve the efficiency of security measures.

Asiapacific Customs Adopts Tech to Boost Trade Efficiency

Asiapacific Customs Adopts Tech to Boost Trade Efficiency

The WCO Asia/Pacific region hosted a workshop on disruptive technologies, focusing on the application of technologies like blockchain, AI, and IoT in the customs domain. The meeting aimed to share experiences, gather input for updating relevant WCO research reports, and promote digital transformation within Asia/Pacific customs administrations. This initiative seeks to enhance trade facilitation and compliance levels by leveraging innovative technologies and fostering collaboration among customs organizations in the region.

WCO Releases Guide to Bolster Global Trade Disaster Preparedness

WCO Releases Guide to Bolster Global Trade Disaster Preparedness

The World Customs Organization (WCO) Permanent Technical Committee (PTC) approved the 'Disaster Management and Supply Chain Continuity Guidelines' to help businesses cope with emergencies and ensure supply chain security. The meeting also discussed accelerating vaccine distribution, optimizing passenger clearance, regulating e-commerce trade, and improving customs clearance efficiency, providing direction for global trade development. Businesses should actively learn and apply these outcomes to enhance their risk resistance and competitiveness.

Global Customs Agencies Prioritize Workforce Resilience

Global Customs Agencies Prioritize Workforce Resilience

The World Customs Organization (WCO) hosted a webinar focusing on enhancing customs resilience through human capital development. Key areas discussed included organizational culture, working models, skills enhancement, and digital transformation. The webinar provided strategic guidance and practical experiences for customs administrators worldwide, aiming to improve human resource management practices within customs administrations globally. It emphasized the importance of investing in people to build stronger, more adaptable customs organizations capable of navigating evolving challenges and contributing to global trade security and facilitation.