EUWCO Project Boosts African Customs Modernization Trade

EUWCO Project Boosts African Customs Modernization Trade

The EU-WCO cooperation project promotes customs modernization in Africa by optimizing the Harmonized System and rules of origin, and strengthening capacity building. This creates a more efficient trade environment, fostering intra-African trade and regional economic integration. The project has yielded significant results and will continue to support African customs development, contributing to the establishment of the African Continental Free Trade Area. Its focus on streamlining procedures and enhancing skills will be crucial for unlocking Africa's trade potential and fostering sustainable economic growth across the continent.

South Africa Nigeria Strengthen Trade Ties Under Afcfta

South Africa Nigeria Strengthen Trade Ties Under Afcfta

Supported by the WCO's Accelerate Trade Facilitation Programme, the South African Revenue Service (SARS) and the Nigeria Customs Service (NCS) successfully conducted an experience exchange focusing on post-clearance audit, Authorized Economic Operator (AEO), and risk management. The aim was to enhance the NCS's risk management capabilities, promote trade compliance, and contribute to the prosperity of the African Continental Free Trade Area (AfCFTA). This collaboration underscores the importance of customs cooperation in facilitating trade and strengthening regional economic integration through improved risk assessment and streamlined procedures.

Mexico Weighs Tariffs on Asian Imports Straining Trade Ties

Mexico Weighs Tariffs on Asian Imports Straining Trade Ties

The Mexican Congress passed a bill proposing tariffs up to 50% on Asian countries without free trade agreements with Mexico, primarily impacting the automotive and textile industries. This move is seen as an attempt to align with US trade policies and avoid becoming an "export hub" for Asian nations. China and Mexican businesses strongly oppose the measure, fearing it will trigger trade friction and reshape the global supply chain. The proposed tariffs raise concerns about potential disruptions and the future of international trade relations.

GXO Logistics Teams With Blue Yonder to Digitize Supply Chains

GXO Logistics Teams With Blue Yonder to Digitize Supply Chains

GXO and Blue Yonder recently signed a global strategic agreement aimed at enhancing the implementation efficiency and flexibility of warehouse management systems to better respond to market demands. This agreement not only strengthens the collaboration between the two parties in supply chain management but also provides customers with more comprehensive and flexible logistics solutions, propelling the industry's digital transformation.

08/06/2025 Logistics
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GXO Logistics Blue Yonder Partner to Modernize Supply Chain Tech

GXO Logistics Blue Yonder Partner to Modernize Supply Chain Tech

GXO and Blue Yonder have signed a global strategic agreement to enhance the efficiency and flexibility of warehouse management system implementations. This collaboration aims to help enterprises optimize their supply chains in complex market environments. The agreement also emphasizes the importance of cooperative innovation and customer orientation, which will provide long-term value for both parties.

08/06/2025 Logistics
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Maersk Adapts to Trump Tariffs Amid Trade Challenges

Maersk Adapts to Trump Tariffs Amid Trade Challenges

Amidst the uncertainty brought by Trump's tariff policies, Maersk CEO Søren Skou believes that tariffs themselves don't directly impact trade; consumer purchasing power is key. Maersk addresses these challenges by enhancing adaptability and deepening strategic partnerships, while firmly supporting free trade. This strategy offers valuable insights for the shipping industry, emphasizing flexible adaptation and efficiency improvements to navigate geopolitical risks and market fluctuations. The company's approach highlights the importance of resilience in a volatile global trade environment.

Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria is upgrading its tariff system in collaboration with the WCO and ECOWAS to prepare for the African Continental Free Trade Area (AfCFTA). This modernization aims to improve trade efficiency, combat smuggling, and promote regional integration. The updated system will streamline customs procedures and enhance compliance with international standards, ultimately facilitating smoother trade flows and contributing to Nigeria's economic growth within the AfCFTA framework. This initiative signifies Nigeria's commitment to leveraging the opportunities presented by the AfCFTA and strengthening its position as a key player in African trade.

Hangzhou Emerges As Global Trade Hub After Ecommerce Boom

Hangzhou Emerges As Global Trade Hub After Ecommerce Boom

As China's first comprehensive cross-border e-commerce pilot zone, Hangzhou has transformed from a 'test field' to a global trade hub in ten years. With 'second-level clearance' efficiency, convenient 'hassle-free returns', and 'ultra-fresh' logistics, Hangzhou's cross-border e-commerce greatly facilitates global trade and serves as a new engine for foreign trade development. In the future, Hangzhou will continue to deepen innovation and contribute more to the development of global trade. It's a model of efficiency and convenience, boosting economic growth through streamlined processes and customer-centric services.

Lesotho South Africa Study Customs Efficiency to Boost Trade

Lesotho South Africa Study Customs Efficiency to Boost Trade

Lesotho and South Africa jointly released an end-to-end clearance time study report, aiming to optimize border management and improve cross-border trade efficiency. The study focuses on the Maseru Bridge and Ficksburg Bridge border posts, highlighting the importance of trade facilitation in unlocking the potential of the African Continental Free Trade Area. Both countries are committed to implementing the report's recommendations, strengthening economic ties, and promoting regional economic development. The study underscores the critical role of efficient border procedures in fostering trade and growth within the region.