Revised Kyoto Convention Aims to Simplify Global Customs

Revised Kyoto Convention Aims to Simplify Global Customs

The 29th session of the Revised Kyoto Convention Management Committee focused on optimizing customs procedures, discussing potential draft texts in key areas such as goods handling and postal transportation. The meeting aimed to simplify global customs formalities, improve efficiency and transparency, ultimately benefiting consumers and businesses and promoting international trade development. The next meeting will be held in September 2022 to continue advancing the revision process.

Malawi Customs Adopts WCO Program to Enhance Audit Efficiency

Malawi Customs Adopts WCO Program to Enhance Audit Efficiency

The World Customs Organization (WCO)'s 'Advanced Post-Clearance Audit' workshop program aims to enhance the audit capabilities of member customs administrations, particularly addressing the challenges faced by developing countries when using manual audit tools. The program emphasizes systematic auditing, risk assessment, data analysis, and cooperative auditing concepts. Successfully piloted in Malawi, it helps customs administrations strike a balance between control and trade facilitation.

BYD Sales in Turkey Jump 447 Despite Tariffs

BYD Sales in Turkey Jump 447 Despite Tariffs

Despite the overall growth of the Turkish automotive market, Chinese brands face obstacles due to high tariffs. BYD circumvented these tariff barriers by establishing local production in Turkey, resulting in a remarkable 447% surge in sales. This made BYD the best-selling Chinese brand in the country. Their success highlights the crucial role of localization in overcoming trade protectionism and achieving significant market penetration.

IPF Japan 2026 to Spotlight Global Plastics and Rubber Innovations

IPF Japan 2026 to Spotlight Global Plastics and Rubber Innovations

IPF JAPAN 2026, the International Plastics & Rubber Exhibition, will be held from December 1-5. The event focuses on the latest technologies, environmental protection, and intelligent solutions in the rubber and plastics industries. It provides a platform for trade and exchange among industry professionals. Expect to see cutting-edge innovations and explore opportunities for collaboration and business development in the dynamic field of plastics and rubber manufacturing.

US Container Imports Drop Sharply Raising Supply Chain Alarms

US Container Imports Drop Sharply Raising Supply Chain Alarms

Descartes' report indicates a significant drop in U.S. container imports in February, accompanied by increased port congestion. This situation presents challenges for businesses, highlighting the need for strengthened supply chain management strategies. Companies should proactively address these disruptions to mitigate potential negative impacts and ensure continued operational efficiency. Monitoring the evolving situation and adapting strategies accordingly is crucial for navigating the current complexities in global trade.

US Manufacturing PMI Drops Fueling Economic Worries

US Manufacturing PMI Drops Fueling Economic Worries

The ISM report indicates a decline in US manufacturing output in December 2018, with a decrease in the PMI index, suggesting a slowdown in the manufacturing expansion rate. Analysts attribute this to factors like trade tensions, demand fluctuations, and labor challenges. Data in the coming months will be crucial in determining the trend. Businesses should closely monitor market dynamics and flexibly adjust their production strategies.

US Manufacturing Slows Amid Economic Challenges ISM Report

US Manufacturing Slows Amid Economic Challenges ISM Report

The latest ISM report shows the Manufacturing PMI slightly increased to 48.3 in October, remaining below the expansion threshold. However, growth in new orders and export orders offers a glimmer of hope. Industry divergence is significant, with trade tensions and rising costs continuing to pose challenges. Experts predict the PMI will fluctuate over the next year, requiring businesses to adapt flexibly to market changes.

Saudi Customs Adopts WCO System to Boost Efficiency

Saudi Customs Adopts WCO System to Boost Efficiency

The World Customs Organization (WCO) is assisting the Saudi Arabian ZATCA (Zakat, Tax and Customs Authority) in developing an intelligent evaluation system to improve customs performance and facilitate trade. By implementing the WCO Performance Measurement Mechanism (PMM), Saudi Customs aims to achieve more efficient and transparent operations, contributing to the Saudi Vision 2030. This collaboration marks a significant step in the global customs modernization process.

INAMA Project Strengthens African Asian Customs Against Wildlife Trafficking

INAMA Project Strengthens African Asian Customs Against Wildlife Trafficking

The INAMA project supports nine African and Asian countries in strengthening their capacity to combat illegal wildlife trade through expert support missions. Focusing on training, legislation, risk management, and action planning, the project enhances customs enforcement capabilities and provides support for future operations. This initiative demonstrates the international community's commitment to wildlife conservation by empowering customs officials to effectively intercept and disrupt wildlife trafficking networks.

US Ocean Freight Guide Aims to Simplify Shipping Process

US Ocean Freight Guide Aims to Simplify Shipping Process

This article provides a detailed analysis of the complete US shipping process, from quotation and booking to delivery. It covers crucial steps such as cargo preparation, customs clearance, and offers practical operational methods and answers to frequently asked questions, helping you navigate international trade with ease. The guide encompasses the entire journey, ensuring a smooth and efficient shipping experience to and within the United States.