Asiapacific Customs Summit Stresses Trade Resilience Cooperation

Asiapacific Customs Summit Stresses Trade Resilience Cooperation

The 25th WCO Asia-Pacific Regional Heads of Customs Conference successfully concluded in Sydney, focusing on the theme of 'Customs Engaging Purposefully with Traditional and New Partners,' emphasizing international supply chain resilience. The conference reviewed the implementation of the regional strategic plan, approved a new strategic plan, endorsed a draft WCO resolution supporting enhanced Customs-industry resilience, and approved the establishment of a WCO Regional Training Center in Cambodia. This marks a new chapter for customs cooperation in the Asia-Pacific region.

01/05/2026 Customs Knowledge
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Samoa Enhances Trade Efficiency with Customs Workshop

Samoa Enhances Trade Efficiency with Customs Workshop

The World Customs Organization successfully held a TRS (Time Release Study) workshop in Samoa, supporting the country in optimizing customs procedures and improving trade efficiency. The workshop brought together representatives from various sectors to discuss the TRS methodology in depth and develop a national action plan. This initiative will promote trade facilitation in Samoa, enhance its international competitiveness, and provide a reference for other developing countries. The implementation of TRS aims to streamline processes and reduce clearance times, ultimately benefiting Samoa's economy.

01/05/2026 Customs Knowledge
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Bolivia Enhances Trade Efficiency Through Global Program

Bolivia Enhances Trade Efficiency Through Global Program

The Global Trade Facilitation Programme (GTFP) has been launched in Bolivia to enhance customs modernization through capacity building. Funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the World Customs Organization (WCO), the project covers areas such as risk management, advance rulings, and organizational development. A tripartite Memorandum of Understanding ensures the project's smooth implementation. This initiative aims to help Bolivia better comply with international trade agreements and promote economic development.

01/05/2026 Customs Knowledge
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WCO Backs Trade Growth for Landlocked Nations

WCO Backs Trade Growth for Landlocked Nations

The World Customs Organization (WCO) reaffirms its commitment to the Vienna Programme of Action (VPoA), assisting Landlocked Developing Countries (LLDCs) in overcoming geographical constraints and achieving trade facilitation and economic transformation through simplified customs procedures, capacity building, and international cooperation. WCO's specific actions include developing standards, implementing projects, issuing guidelines, and establishing a pool of experts. These efforts aim to build an efficient, transparent, and secure global trade environment, jointly promoting the sustainable development of LLDCs.

01/05/2026 Customs Knowledge
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Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

01/05/2026 Customs Knowledge
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WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

01/05/2026 Customs Knowledge
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Europe Adapts Trade Strategies in Postpandemic Economy

Europe Adapts Trade Strategies in Postpandemic Economy

The FWD21 Europe video discussion unveils emerging trends in European trade in the post-pandemic era. Experts analyze the impact of key factors like supply chains, geopolitics, and digital transformation. The discussion emphasizes the need for businesses to be agile and adaptable, embrace digitalization, and prioritize sustainable development to seize opportunities and address challenges. Companies must leverage digital tools and strategies to navigate the evolving landscape and maintain competitiveness in the new normal. The focus is on building resilient and future-proofed trade practices.

01/05/2026 Logistics Industry Insights
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Flexport Report Reveals Key Global Trade Trends

Flexport Report Reveals Key Global Trade Trends

Flexport Research leverages proprietary and third-party data to provide in-depth freight market and economic research, analyzing shocks to global supply chains. Its core indicators include the Ocean Timeliness Indicator (OTI), Post-Pandemic Indicators, and trade activity forecasts. The goal is to help clients, partners, and the broader industry better understand market dynamics and inform future decision-making. By providing insights into key trends and disruptions, Flexport Research aims to empower stakeholders to navigate the complexities of global trade and supply chains effectively.

01/05/2026 Logistics Industry Insights
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WCO Promotes Green Customs for Sustainable Trade

WCO Promotes Green Customs for Sustainable Trade

The WCO's 'Global Green Customs Conference' brought together experts in trade, customs, and environment to discuss border environmental protection. The conference focused on topics such as the circular economy, waste trade, timber trade, and HS code classification, emphasizing the crucial role and responsibility of customs in promoting green trade, combating illegal trade, and building a sustainable future. The conference aimed to strengthen international cooperation, raise public awareness, and collectively address global environmental challenges.

12/30/2025 Customs Knowledge
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Revised Kyoto Convention Boosts Global Trade Efficiency

Revised Kyoto Convention Boosts Global Trade Efficiency

The 23rd session of the World Customs Organization's (WCO) Revised Kyoto Convention (RKC) Management Committee marked a crucial second phase in the RKC review. The meeting approved the WGRKC's final report and discussed the business case for the RKC review, laying the groundwork for subsequent revisions. The RKC's revision will streamline customs procedures, enhance transparency, and promote global trade facilitation, significantly impacting businesses. This update aims to modernize customs practices and adapt to evolving global trade patterns, ultimately reducing costs and delays for international trade.

12/30/2025 Customs Knowledge
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