WTO and WCO Forge Partnership to Modernize Global Trade

WTO and WCO Forge Partnership to Modernize Global Trade

The Director-General of the World Trade Organization (WTO) met with the Secretary-General of the World Customs Organization (WCO) in Geneva to deepen cooperation in traditional trade areas and address pandemic-related challenges. Discussions focused on facilitating cross-border vaccine transport and ensuring global supply chain security. This meeting signals a new era of more efficient and secure global trade. Both organizations aim to streamline procedures and enhance collaboration to support economic recovery and build resilience against future disruptions. The focus is on practical solutions to improve trade flows and promote international cooperation.

01/26/2026 Customs Knowledge
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Ports and Customs Collaboration Boosts Global Supply Chain Efficiency

Ports and Customs Collaboration Boosts Global Supply Chain Efficiency

The World Customs Organization (WCO) and the International Association of Ports and Harbors (IAPH) jointly held a seminar to strengthen customs-port cooperation and improve global supply chain efficiency. Both parties emphasized the necessity of collaboration and explored ways to break down barriers and achieve mutual trust and benefit through digitalization and standardization. This seminar marks a new stage in customs-port cooperation, foreshadowing new opportunities for global trade development.

01/26/2026 Port Encyclopedia
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China Customs Advances Global Trade Via WCO Revenue Plan

China Customs Advances Global Trade Via WCO Revenue Plan

China Customs actively participates in the World Customs Organization's Revenue Package Programme, sharing its experience in valuation control to provide a reference for customs administrations in developing countries. Through measures such as risk management, information sharing, technology application, and capacity building, the valuation control system of China Customs contributes to the healthy development of global trade. This involvement showcases China's commitment to trade facilitation and its willingness to assist other nations in improving their customs valuation practices.

01/26/2026 Customs Knowledge
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New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

01/26/2026 Customs Knowledge
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Global Customs Maritime Groups Boost Trade Security Via Data

Global Customs Maritime Groups Boost Trade Security Via Data

The World Customs Organization (WCO) and the International Maritime Organization (IMO) Secretaries General met, emphasizing deepened cooperation through enhanced data sharing, technical assistance, and security facilitation measures. Key areas include data standardization, passenger data exchange, the application of emerging technologies, and policy dialogues. The aim is to improve the security, efficiency, and sustainability of global trade. This collaboration seeks to streamline processes, enhance risk management, and foster a more secure and predictable international trading environment, ultimately benefiting both customs and maritime sectors.

01/26/2026 Customs Knowledge
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WCO Korea Partner to Enhance Global Customs Platform Clikc

WCO Korea Partner to Enhance Global Customs Platform Clikc

The World Customs Organization (WCO) and the Korea Customs Service (KCS) signed an agreement where KCS will provide funding for the WCO's CLiKC! e-learning platform. This funding will support platform upgrades and enhanced functionalities. The upgraded CLiKC! platform will feature updated course content, optimized technology, and expanded multilingual support. The goal is to enhance the professional skills and knowledge of customs officials worldwide, benefiting supply chains and promoting trade facilitation and compliance. This initiative aims to foster greater efficiency and effectiveness within customs administrations globally.

01/26/2026 Customs Knowledge
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Norway Customs Adopts Digital Tools to Streamline Global Trade

Norway Customs Adopts Digital Tools to Streamline Global Trade

Norway's National Customs Day focused on the "Future of Customs," exploring opportunities and challenges presented by emerging technologies like digitalization, 3D printing, and e-commerce. Participants emphasized the need for customs to embrace change, strengthen international cooperation, and enhance intelligent capabilities to address the new global trade landscape. The discussions highlighted the importance of ensuring trade security and facilitation in this evolving environment. Adapting to these technological advancements is crucial for efficient and secure global trade operations.

01/26/2026 Customs Knowledge
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Transit Ports Delay Ecommerce Shipping Amid Global Trade Shifts

Transit Ports Delay Ecommerce Shipping Amid Global Trade Shifts

This paper delves into the critical impact of sea freight transshipment ports on the time efficiency of cross-border e-commerce. Key influencing factors, including operational efficiency, connection schemes, port congestion, and transshipment distance, are analyzed in detail. The study emphasizes the importance of data analysis to quantitatively assess the impact of each factor on time efficiency. This helps e-commerce sellers make more informed transshipment port selections, effectively control transportation time, and ultimately enhance customer satisfaction.

01/26/2026 Logistics
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Global Air Freight Policies Cancellation and Amendment Rules Explained

Global Air Freight Policies Cancellation and Amendment Rules Explained

This article provides an in-depth analysis of international air freight cancellation and modification policies, differentiating between voluntary and involuntary changes. It details the logic behind calculating cancellation fees and offers practical considerations. The aim is to help cargo owners understand the rules, reduce transportation risks, and protect their rights. It covers key aspects of the refund process and clarifies the conditions under which refunds are applicable, empowering shippers to navigate potential issues effectively and minimize financial losses related to changes in their air freight shipments.

01/26/2026 Logistics Encyclopedia
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Experts Warn Against Lowcost Traps in Global Air Freight

Experts Warn Against Lowcost Traps in Global Air Freight

Significant price differences exist among international air freight forwarders, leading to frequent low-price traps. This article reveals common tactics, such as fee splitting and vague service descriptions. It provides methods for identifying these traps, including verifying qualifications, comparing quotes, and asking detailed questions. This helps businesses avoid risks and choose high-quality, cost-effective services. By understanding these potential pitfalls, companies can make informed decisions and secure reliable international air freight solutions.

01/26/2026 Logistics Encyclopedia
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