Gambia Revenue Authority Boosts HR Strategy with WCO Aid

Gambia Revenue Authority Boosts HR Strategy with WCO Aid

With Sida's funding, the WCO, through the WACAM project, is assisting the Gambia Revenue Authority in enhancing its human resource management capabilities and optimizing recruitment processes. This initiative aims to strengthen the GRA's operational efficiency by improving its ability to attract, retain, and develop qualified personnel. The project focuses on modernizing HR practices and aligning them with international standards to support the GRA's mandate in revenue collection and border security. Ultimately, this contributes to Gambia's economic development by fostering a more effective and transparent customs administration.

EU Boosts Customs Training in Cte Divoire

EU Boosts Customs Training in Cte Divoire

With EU funding, the World Customs Organization (WCO) held a workshop in Côte d'Ivoire to enhance the country's customs tariff classification capabilities. The workshop focused on the application of the Harmonized System (HS), covering ex-ante and ex-post control, rule explanations, and tool donations. Côte d'Ivoire Customs plans to develop a training program and adopt HS revision recommendations to improve trade efficiency and promote customs modernization. This initiative aims to streamline processes, ensuring accurate classification and facilitating smoother international trade operations for Côte d'Ivoire.

US Infrastructure Bill Delayed Amid Political Stalemate

US Infrastructure Bill Delayed Amid Political Stalemate

The US surface transportation authorization bill faces another extension. Experts argue that short-term extensions fail to address the core issues. The new administration needs to promptly resolve the Highway Trust Fund's funding shortfall and break the bipartisan gridlock on transportation infrastructure construction. A long-term solution is crucial for sustained economic growth and improved mobility. Failure to act decisively will further exacerbate existing infrastructure problems and hinder future development. The political will to overcome partisan divides is essential to secure a robust and reliable transportation network.

US Warns Sanctions on Russia Trade Partners Targets China India

US Warns Sanctions on Russia Trade Partners Targets China India

The US Congress is pushing a sanctions bill that proposes tariffs of up to 500% on goods imported into the US from countries purchasing Russian energy. This aims to cut off Russia's war funding but could significantly impact countries like China and India. The bill's future is uncertain and has already triggered global trade tensions, forcing nations to balance energy security, diplomatic autonomy, and international trade. The potential ramifications are widespread, adding another layer of complexity to the ongoing Russia-Ukraine conflict and its global economic repercussions.

US Security Fee Hike Draws IATA Criticism Over Economic Impact

US Security Fee Hike Draws IATA Criticism Over Economic Impact

The International Air Transport Association (IATA) strongly opposes the U.S. government's proposed plan to double security fees, arguing that it shifts the responsibility of national security onto airlines and passengers, negatively impacting the aviation industry and the global economy. IATA urges the government to take greater responsibility and find more reasonable solutions for aviation security. They believe the burden should not disproportionately fall on travelers and airlines, and that the government should explore alternative funding mechanisms to ensure effective security measures without hindering economic growth.

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.