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.

01/05/2026 Customs Knowledge
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Aviation Industry Focuses on Airworthiness and Certification Standards

Aviation Industry Focuses on Airworthiness and Certification Standards

This course provides an in-depth analysis of international standards and regulations related to aircraft airworthiness and airline certification. You will learn the process of obtaining an Air Operator Certificate (AOC), the key elements of maintenance programs, and the establishment of a quality assurance system. Through practical exercises and case studies, you will enhance your professional skills in aviation safety management, auditing, and approval, contributing to the organization's operational excellence. This course aims to equip you with the knowledge and skills necessary for navigating the complex landscape of aviation regulations and ensuring safe and compliant operations.

01/20/2026 Logistics Encyclopedia
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BFE Express Expands Lastmile Delivery for Ecommerce Growth

BFE Express Expands Lastmile Delivery for Ecommerce Growth

BFE Express specializes in last-mile delivery, providing efficient and reliable smart delivery services to e-commerce platforms and local businesses through intelligent system management and a hyper-localized fulfillment network. Its core competitiveness lies in data-driven operational optimization and customized solutions. BFE Express aims to transform logistical challenges into competitive advantages, building a trustworthy logistics service brand. They focus on optimizing delivery routes and providing real-time tracking, ensuring customer satisfaction and efficient resource utilization. Their commitment to innovation and customer-centric solutions positions them as a leader in the rapidly evolving last-mile delivery landscape.

01/20/2026 Logistics
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New Initiative Aims to Boost SME Global Trade Access

New Initiative Aims to Boost SME Global Trade Access

The report calls on customs administrations worldwide to simplify procedures and remove barriers hindering SMEs' participation in global trade. This aims to promote their integration into the global trading system and build a more resilient future for trade. Streamlining processes and reducing complexities will empower SMEs to engage more effectively in international commerce, fostering economic growth and diversification. The report emphasizes the importance of creating a level playing field where SMEs can compete and contribute to a robust and inclusive global economy. The AEO program is highlighted as a key tool for facilitating trade and enhancing security.

01/27/2026 Customs Knowledge
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WCO Boosts Global Trade with New Performance Metrics

WCO Boosts Global Trade with New Performance Metrics

The World Customs Organization has launched the second round of its Performance Measurement Mechanism, aiming to empower member customs administrations to improve strategic decision-making and overall effectiveness through a standardized assessment framework. This mechanism covers key areas such as trade facilitation, revenue collection, and security, promoting global customs modernization and contributing to trade facilitation and economic security. A call is made for active participation from all members to jointly build an efficient and secure global customs system. This initiative will help customs administrations enhance their performance and contribute to a safer and more prosperous global trade environment.

01/30/2026 Customs Knowledge
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Standard Bank South Africa SWIFT Code Eases Global Transfers

Standard Bank South Africa SWIFT Code Eases Global Transfers

This article provides an in-depth analysis of the SWIFT code SBZAZAJJCNR for Standard Bank of South Africa Limited. It details the structure and function of SWIFT codes, highlighting their importance in cross-border payments. The article also offers a practical guide on finding and using SWIFT codes, assisting users in efficiently completing international money transfers. Learn how to navigate the complexities of international banking with this comprehensive overview of Standard Bank's SWIFT code and its role in facilitating global transactions.

09/04/2025 International Settlement
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Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

09/26/2025 Customs Knowledge
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Worldfirst Imposes New Currency Limits for Crossborder Ecommerce

Worldfirst Imposes New Currency Limits for Crossborder Ecommerce

This article provides a detailed interpretation of WorldFirst's currency conversion quota mechanism, clarifying its difference from individual foreign exchange quotas. It outlines two methods for obtaining a conversion quota: store authorization and uploading transaction records. Through case studies, it demonstrates how to leverage WorldFirst to overcome foreign exchange controls, enabling the free flow of cross-border e-commerce funds back home, and supporting business growth. It offers practical guidance on maximizing WorldFirst's features for efficient and compliant international money transfer.

12/29/2025 International Settlement
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Erps Drive Digital Transformation for Smbs

Erps Drive Digital Transformation for Smbs

This paper explores how ERP systems have transitioned from traditional 'back-office' solutions to key drivers of digital transformation for SMEs. Through case studies, functional interpretation, and trend analysis, it demonstrates how features like cloud ERP and integrated WMS can help SMEs optimize operations, improve efficiency, and reduce costs. The paper emphasizes the importance of ERP systems in supporting operational best practices, establishing process control, and enabling business growth. It highlights the role of ERP in fostering a more agile and competitive SME landscape.

01/19/2026 Warehousing
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