Comoros Boosts Customs Skills for WTO Accession Bid

Comoros Boosts Customs Skills for WTO Accession Bid

A joint WTO-WCO workshop aimed to enhance Comoros' customs valuation capabilities in preparation for WTO accession. The workshop covered topics such as customs valuation methods, pre-shipment inspection, and trade facilitation. The goal was to assist Comoros in establishing an efficient and transparent trade system to promote economic development. The experience of Comoros can offer valuable insights for other developing countries seeking to improve their trade practices and integrate into the global trading system. This initiative highlights the importance of capacity building for successful WTO membership.

01/26/2026 Customs Knowledge
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Colombia Adopts Mexican Expertise to Modernize Customs Risk Management

Colombia Adopts Mexican Expertise to Modernize Customs Risk Management

In May 2021, Mexico shared its customs risk management expertise with Colombia, aiming to help Colombia improve clearance efficiency and achieve more effective trade regulation. This customs cooperation initiative facilitated knowledge transfer and best practices, enabling Colombia to strengthen its risk assessment capabilities. By leveraging Mexico's experience, Colombia can enhance its ability to identify and mitigate potential risks associated with cross-border trade, ultimately leading to streamlined processes and improved security. The collaboration underscores the importance of international cooperation in fostering secure and efficient global trade.

01/26/2026 Customs Knowledge
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Bolivia Adopts WCO Program to Strengthen Customs Oversight

Bolivia Adopts WCO Program to Strengthen Customs Oversight

The Switzerland-WCO Global Trade Facilitation Programme (GTFP) supports Bolivian Customs in enhancing its risk management capabilities. Through workshops, progress is reviewed, recommendations are provided, and continuous technical assistance, capacity building, and experience sharing are offered. The aim is to assist Bolivian Customs in establishing a scientific, efficient, and sustainable risk management system. This system will help safeguard national economic security and promote legitimate trade development. The project focuses on building a robust framework for identifying and mitigating potential risks in cross-border trade.

01/30/2026 Customs Knowledge
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Flexport CEO Proposes Fixes for Global Supply Chain Issues

Flexport CEO Proposes Fixes for Global Supply Chain Issues

Flexport founder and CEO Ryan Petersen, leveraging his extensive experience and innovative ideas in the supply chain, provides efficient and transparent global logistics solutions to over 10,000 businesses through the Flexport platform. Having processed over $175 billion in merchandise, Flexport helps companies achieve growth in complex trade environments. Petersen's vision has transformed international trade, making it more accessible and streamlined for businesses of all sizes.

11/03/2025 Logistics Industry Insights
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Tunisian Banks Adopt SWIFT Codes for Faster Global Transfers

Tunisian Banks Adopt SWIFT Codes for Faster Global Transfers

This article provides a comprehensive analysis of the Tunisian Foreign Bank's SWIFT/BIC code, UTUBTNTTXXX. It details its usage scenarios, important considerations, and how to ensure the accuracy and efficiency of international money transfers. By understanding this information, you can easily manage international remittances and avoid unnecessary delays and errors. The article focuses on practical aspects of using the SWIFT code for transactions involving Tunisian Foreign Bank.

09/03/2025 International Settlement
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St Lucia Aims to Enhance Trade Via AEO Program

St Lucia Aims to Enhance Trade Via AEO Program

Saint Lucia initiated its AEO program exploration in 2009, aiming to simplify customs procedures and enhance business competitiveness by certifying secure and reliable trade operators. A workshop shared Jamaica's experience, emphasizing the importance of swift action. While the private sector expressed concerns, it pledged support. AEO certification is a global trend, and Saint Lucia needs to overcome challenges and seize opportunities to achieve trade facilitation and economic development. The program seeks to streamline processes and improve efficiency for authorized economic operators, fostering a more competitive and attractive trade environment.

12/30/2025 Customs Knowledge
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LCL Shipping Who Bears Devanning and Distribution Costs

LCL Shipping Who Bears Devanning and Distribution Costs

This article provides an in-depth analysis of devanning and distribution charges commonly encountered in LCL (Less than Container Load) shipping. It clarifies the services included, calculation methods, and the parties responsible for these charges. By interpreting trade terms such as FOB, CIF/CFR, the article helps readers understand how to define cost responsibilities based on contractual agreements. This knowledge assists in avoiding unnecessary logistics costs and trade disputes, ensuring a smoother and more cost-effective LCL shipping experience. Understanding these charges is crucial for accurate budgeting and risk management in international trade.

02/04/2026 Logistics Encyclopedia
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Uti Expands Usmexico Logistics Amid Nearshoring Boom

Uti Expands Usmexico Logistics Amid Nearshoring Boom

UTi Worldwide enhances its US-Mexico cross-border services to streamline trade processes, expedite customs clearance, and facilitate companies' nearshoring strategies. This service integrates transportation, customs brokerage, and warehousing, providing a one-stop solution to reduce costs, improve efficiency, and boost US-Mexico trade growth. By simplifying the complexities of cross-border logistics, UTi empowers businesses to capitalize on the advantages of nearshoring, fostering stronger economic ties between the two countries. The upgraded service aims to provide a seamless and reliable experience for businesses engaged in US-Mexico trade.

02/05/2026 Logistics
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WTO WCO Assess Techs Role in Ecommerce Trade Shift

WTO WCO Assess Techs Role in Ecommerce Trade Shift

The World Customs Organization (WCO) and the World Trade Organization (WTO) co-organized a seminar at the Public Forum, exploring the role of disruptive technologies and e-commerce in post-pandemic trade recovery. The conference highlighted data-driven Customs development, WTO's policy guidance, Zambia's practical experience, and the private sector's perspective. It aimed to inject new vitality into the future development of global trade. The discussions emphasized leveraging data and technology to streamline processes, improve efficiency, and foster a more resilient and inclusive global trading system in the evolving digital landscape.

02/06/2026 Customs Knowledge
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