Global Customs Tackle Ecommerce Valuation for Smoother Trade

Global Customs Tackle Ecommerce Valuation for Smoother Trade

The World Customs Organization (WCO) held its second seminar on E-Commerce and Customs Valuation, focusing on the valuation challenges in cross-border e-commerce. The event brought together international organizations, customs administrations, and private sector representatives to discuss policies, procedures, and practices. The aim was to address the challenges posed by the dynamic nature of e-commerce trade, facilitate trade, and build a fair and efficient cross-border e-commerce ecosystem. The WCO is actively working to develop a more comprehensive e-commerce valuation system to promote the healthy development of cross-border e-commerce.

Indonesia Boosts Trade Efficiency with Enhanced Customs Analytics

Indonesia Boosts Trade Efficiency with Enhanced Customs Analytics

Indonesia held a national data analysis workshop to enhance customs officers' data analysis and machine learning skills, aiming to optimize HS code classification and customs valuation. Through strategic discussions and practical technical training, the workshop supports Indonesian Customs in building a data-driven organization, improving efficiency, optimizing decision-making, and strengthening risk prevention. This initiative promotes trade facilitation and leads the way towards intelligent customs operations, ultimately contributing to a more efficient and effective customs administration.

Turkmenistan Upgrades Customs System to Boost Trade Security

Turkmenistan Upgrades Customs System to Boost Trade Security

Turkmenistan Customs, in collaboration with the World Customs Organization (WCO), held a national workshop on risk management. The workshop aimed to assess and optimize the existing risk management system, enhancing trade security and customs clearance efficiency. It covered the WCO Risk Management Compendium, the latest tools and techniques, and the Authorized Economic Operator (AEO) program. In-depth discussions were held on risk assessment processes, response measures, information sharing, and cooperation. The workshop provides strong support for the modernization of Turkmenistan Customs.

HS Codes Boost Green Trade Track Ecofriendly Equipment

HS Codes Boost Green Trade Track Ecofriendly Equipment

The WCO seminar explored the use of HS codes to identify green equipment, addressing technical challenges and sharing experiences from the EU and APEC. Discussions focused on facilitating environmental upgrades and promoting sustainable trade through improved classification and understanding of green technologies within the HS framework. The seminar highlighted the importance of accurate HS coding for promoting green trade and supporting environmental protection efforts globally. This contributes to a more sustainable and environmentally responsible international trading system.

Bolivia Expands Trade Efficiency with SECOWCO AEO Program

Bolivia Expands Trade Efficiency with SECOWCO AEO Program

The World Customs Organization, under the SECO-WCO framework, conducted a follow-up assessment of Bolivia's AEO program, aiming to optimize its effectiveness and sustainability. By revising the AEO program, communication strategy, and capacity-building training, the number of Bolivian AEO companies doubled, strengthening the program. Future recommendations include strengthening government-private sector cooperation, continuous capacity building, and regular performance evaluations to enhance trade security and facilitation. The assessment highlights the importance of ongoing efforts to ensure the AEO program's long-term success and contribution to Bolivia's trade environment.

Bolivia Customs Boosts Trade Efficiency with WCO Study

Bolivia Customs Boosts Trade Efficiency with WCO Study

The World Customs Organization (WCO) successfully conducted an online Time Release Study (TRS) workshop for Bolivian Customs, aiming to enhance trade facilitation in Bolivia. By reviewing processes, optimizing questionnaires, and preparing pilot projects, Bolivian Customs is ready for TRS implementation. The goal is to reduce goods release times, lower costs for businesses, improve the investment climate, and enhance national competitiveness. The TRS will help identify bottlenecks and inefficiencies in the customs clearance process, leading to targeted reforms and improvements.

Moldova Simplifies Customs to Boost Trade Emergency Aid

Moldova Simplifies Customs to Boost Trade Emergency Aid

Supported by the SECO-WCO Global Trade Facilitation Programme, the Moldovan Customs Service has completed follow-up tasks to optimize SOPs, aiming to enhance emergency response capabilities and expedite the clearance of relief goods. By aligning with WCO standards, a national emergency framework is being built, laying the foundation for trade facilitation. Continuous improvement and collaboration will help Moldova become a model for trade facilitation. This initiative strengthens the country's ability to handle crises and ensures the smooth flow of essential goods during emergencies.

WCO and Businesses Collaborate to Reform Global Trade

WCO and Businesses Collaborate to Reform Global Trade

The WCO dialogue with the private sector focused on trade facilitation, sustainability, and business continuity. It highlighted the role of public-private partnerships in empowering women, promoting green supply chains, enhancing compliance efficiency, and building resilient trade. The meeting fostered collaboration between the public and private sectors, aiming to strengthen trade facilitation, promote sustainable practices, and ensure business continuity in an evolving global landscape. Key areas of discussion included leveraging technology and fostering inclusive trade policies.

Asiapacific Nations Boost Trade with Streamlined Customs Corridors

Asiapacific Nations Boost Trade with Streamlined Customs Corridors

Customs experts from the Asia-Pacific region gathered in India to discuss best practices in customs transit. The workshop focused on the WCO Transit Guidelines, shared experiences in railway transit, and explored future development directions. The aim was to strengthen regional cooperation, promote the application of information technology, improve laws and regulations, enhance capacity building, and foster public-private partnerships. Ultimately, the goal is to jointly build a new landscape for customs transit in the Asia-Pacific region, facilitating smoother and more efficient trade flows.

WCO Adopts Disruptive Tech to Modernize Global Trade

WCO Adopts Disruptive Tech to Modernize Global Trade

The World Customs Organization (WCO) Permanent Technical Committee (PTC) acknowledged the “Disruptive Technologies Research Report,” focusing on the application of seven key technologies, including blockchain and artificial intelligence, in customs and border management. The report analyzes the strengths, weaknesses, opportunities, and threats of each technology. It also explores key success factors for innovative customs, data-driven decision-making, smart border construction, and sustainable development. This signals a profound transformation is on the horizon for global trade. The report highlights the potential of these technologies to streamline processes and enhance security.