Comoros Adopts Harmonized System to Modernize Customs

Comoros Adopts Harmonized System to Modernize Customs

With the support of the African Development Bank, Comoros is actively promoting the application of the Harmonized System Convention to enhance customs management, facilitate trade, and integrate into the global trading system. This initiative focuses on improving the efficiency and effectiveness of the Comorian tariff system and bolstering capacity building within the customs administration. The goal is to streamline customs procedures, reduce trade barriers, and ultimately contribute to economic growth and development in Comoros.

World Customs Organization Boosts Modernization Advisor Team

World Customs Organization Boosts Modernization Advisor Team

The World Customs Organization (WCO) continues to expand its pool of Customs Modernization Advisors (CMAs) and Mercator Programme Advisors (MPAs) by holding certification workshops, such as the one in Pretoria, South Africa. This initiative aims to assist members in implementing the WTO's Trade Facilitation Agreement (TFA). The workshop assessed participants, with 15 officials successfully completing the first step of certification. This effort will accelerate TFA implementation, improve customs efficiency, and promote global trade growth.

Guide to Navigating Crossborder Ecommerce Logistics

Guide to Navigating Crossborder Ecommerce Logistics

This article provides a clear and concise explanation of common shipping terms used in cross-border logistics. It covers various aspects including trade terms, loading and unloading transportation, cost documentation, transportation methods, and processes. Through practical examples, it aims to help readers systematically master shipping terminology, improve cross-border logistics operational capabilities, and avoid delays and additional costs caused by misunderstandings of terms. Ultimately, this contributes to the smooth progress of international trade.

Wcos COPES Initiative Strengthens Customs Against Wildlife Trafficking

Wcos COPES Initiative Strengthens Customs Against Wildlife Trafficking

The WCO's COPES project aims to enhance customs' capacity to combat illegal wildlife trade. A workshop in Togo focused on evidence collection, case management, and international cooperation. INAMA provided financial support. The training sought to improve the effectiveness of customs officials in identifying, investigating, and prosecuting wildlife trafficking offenses. Emphasis was placed on collaborative efforts between national agencies and international partners to disrupt transnational criminal networks involved in the illegal trade of endangered species.

WCO WTO Release Tech Guide to Streamline Global Customs

WCO WTO Release Tech Guide to Streamline Global Customs

The World Customs Organization (WCO) and the World Trade Organization (WTO) jointly released the 'Study Report on Disruptive Technologies (2022),' focusing on the application of seven technologies, including blockchain, IoT, and AI, in the customs domain. The report analyzes technology trends, shares practical case studies, and provides strategic recommendations for customs' digital transformation. It aims to promote global trade facilitation and economic growth by leveraging these disruptive technologies to modernize customs procedures and enhance efficiency.

Bosnia Boosts Customs Efficiency with Audit Upgrades

Bosnia Boosts Customs Efficiency with Audit Upgrades

The World Customs Organization (WCO) supports Bosnia and Herzegovina in enhancing its Post Clearance Audit (PCA) capabilities. Through workshops, Bosnian customs officials learned PCA concepts, systematic audit methodologies, and data analysis techniques. This initiative aims to improve Bosnian customs' compliance oversight, optimize the trade environment, promote economic development, and create new opportunities for the intelligent and digital development of post-clearance audits. The training will help ensure accurate revenue collection and facilitate legitimate trade flows.

Guide to Recovering Unpaid Export Goods

Guide to Recovering Unpaid Export Goods

This article focuses on the return of exported goods due to unsettled payments. It details the operational procedures and precautions, including ensuring ownership, notifying the shipowner, seeking cooperation from the consignee, and estimating the costs after the goods are returned to the country. The aim is to help exporters minimize losses in such situations. It covers practical aspects of handling returned shipments and mitigating financial risks associated with non-payment in international trade.

Fujians Christmas Decor Exports Surge Dominating Global Markets

Fujians Christmas Decor Exports Surge Dominating Global Markets

In the first 11 months of 2025, Fujian's Christmas supplies exports reached 2.84 billion yuan, accounting for 70% of the province's total festive product exports. Driven by a complete industrial chain, product innovation, and eco-friendly advantages, Fujian's Christmas supplies are popular in markets like the EU and Latin America. Key drivers for export growth include early release of overseas orders, diversified market layout, and policy support. Fujian's "Christmas economy" has extended to new sectors such as food, demonstrating strong development potential.

Pound Sterling and Australian Dollar Exchange Rate Trends Analyzed

Pound Sterling and Australian Dollar Exchange Rate Trends Analyzed

This article provides an in-depth analysis of the GBP/AUD exchange rate trends and influencing factors, offering practical currency exchange strategies. It covers the current exchange rate, historical data, key drivers, currency characteristics, recommended exchange channels, and risk warnings. The aim is to help readers gain a better understanding of the GBP/AUD exchange rate and make informed currency exchange decisions. By examining these aspects, the article empowers individuals to navigate the complexities of the foreign exchange market and optimize their currency transactions.

Nigerian Naira Faces Volatility Amid Shifting Market Dynamics

Nigerian Naira Faces Volatility Amid Shifting Market Dynamics

This article focuses on the Nigerian Naira (NGN), providing exchange rate analysis, market dynamics, and practical tools. It emphasizes the importance of the NGN to USD exchange rate and recommends choosing reliable platforms for currency conversion. It also highlights the macroeconomic factors influencing the exchange rate, helping readers make informed decisions and manage exchange rate risk. The article aims to equip individuals with the knowledge needed to navigate the complexities of the Nigerian foreign exchange market and understand the fluctuations in the Naira's value.