WCO Supports Madagascar Customs to Streamline Trade

WCO Supports Madagascar Customs to Streamline Trade

The World Customs Organization (WCO) is assisting Madagascar Customs in implementing the Trade Facilitation Agreement and the Immediate Release Guidelines, aiming to optimize trade processes, accelerate cargo release, and promote economic growth. Through workshops, gap analysis, and field visits, the WCO is working with Madagascar Customs to advance digital transformation and improve cross-border trade efficiency. This collaboration focuses on enhancing customs procedures and infrastructure to streamline the movement of goods and boost Madagascar's economic competitiveness.

01/05/2026 Customs Knowledge
Read More
Peru Enhances Trade Efficiency with Customs Reform

Peru Enhances Trade Efficiency with Customs Reform

The SECO-WCO GTFP provided technical assistance to Peruvian Customs for implementing a Time Release Study (TRS). The aim was to enhance Peruvian Customs' capacity through WCO methodology training, procedure review, and software training, identifying bottlenecks and optimizing processes. The successful TRS pilot paved the way for national implementation, potentially improving Peru's trade facilitation and international competitiveness. This initiative highlights the importance of data-driven decision-making in trade facilitation. The study focused on identifying areas where customs procedures could be streamlined to reduce clearance times and improve overall efficiency.

01/05/2026 Customs Knowledge
Read More
Jordan Enhances Trade with Wcobacked Customs Upgrades

Jordan Enhances Trade with Wcobacked Customs Upgrades

The Jordan Customs Valuation Workshop, jointly organized by the World Customs Organization (WCO) and the Customs Cooperation Fund Germany (CCF Germany), aimed to enhance the understanding and application of the Customs Valuation Agreement among Jordanian customs officials. Through theoretical learning and case studies, participants delved into key issues such as the transaction value principle and alternative valuation methods. This initiative laid the foundation for Jordan to build a fair and transparent international trade environment.

01/05/2026 Customs Knowledge
Read More
Laos Boosts Trade with Wcobacked Customs Reform

Laos Boosts Trade with Wcobacked Customs Reform

In 2017, the WCO conducted a tariff classification capacity building project in Laos to improve its classification skills, establish an advance ruling system, and implement HS 2017. Through workshops, tool applications, and expert guidance, the capacity of Lao Customs officials was enhanced, laying the foundation for trade facilitation. The experience of Chinese Customs also provided a reference for Laos. This initiative serves as a model of international cooperation in promoting trade facilitation and contributes to the economic development of Laos.

01/05/2026 Customs Knowledge
Read More
New Urumqibelgrade Cargo Route Expands Chinaeurope Trade

New Urumqibelgrade Cargo Route Expands Chinaeurope Trade

The Urumqi-Belgrade cargo route has officially launched, significantly shortening logistics time and reducing costs for China-Europe trade. This route is a key step in Xinjiang Airport Group's strategic layout, supporting Chinese companies in expanding into the European market and promoting China-Europe trade development. It will also bring a more convenient shopping experience to consumers. The new route enhances efficiency in the supply chain and strengthens Urumqi's position as a vital air hub connecting Asia and Europe.

01/08/2026 Logistics
Read More
Rwanda Boosts Trade with Wcobacked Customs Upgrade

Rwanda Boosts Trade with Wcobacked Customs Upgrade

The WCO held a customs valuation workshop in Rwanda to enhance the capabilities of tax authority officials. The workshop covered topics such as the WTO Valuation Agreement and transfer pricing. The initiative aims to promote trade development by improving understanding and application of customs valuation principles, ultimately facilitating smoother and more efficient trade processes for Rwanda.

01/08/2026 Customs Knowledge
Read More
Freight Industry Adapts to Trade War Challenges

Freight Industry Adapts to Trade War Challenges

Global trade tensions create significant uncertainties for the freight economy. Businesses need to closely monitor policy changes, optimize supply chains, strengthen risk management, and improve operational efficiency. Adapting strategies flexibly and actively exploring emerging markets are crucial for navigating these challenges and achieving sustainable growth. Companies must be proactive in addressing potential disruptions and building resilience to thrive in this volatile environment. Focusing on efficiency and diversification will be key to success.

01/07/2026 Logistics Industry Insights
Read More
Trade War Uncertainty Slows Freight Industry Growth

Trade War Uncertainty Slows Freight Industry Growth

The trade war exacerbates uncertainty in the global freight economy, leading to slower economic growth and rising inflation. Businesses face multiple challenges, including demand shocks, supply chain disruptions, and shifting competitive landscapes. Companies can effectively navigate this uncertainty by diversifying operations, optimizing cost structures, strengthening risk management, and embracing technological innovation. Data analytics plays a crucial role in demand forecasting, risk assessment, and cost optimization, enabling businesses to make informed decisions and adapt to the evolving market conditions. This proactive approach is essential for resilience and sustainable growth.

01/07/2026 Logistics Industry Insights
Read More
Fed Keeps Rates Unchanged Amid Trade Uncertainty

Fed Keeps Rates Unchanged Amid Trade Uncertainty

The Federal Reserve has paused interest rate hikes again, keeping the federal funds rate unchanged, mainly due to economic uncertainty. Ongoing trade friction exacerbates supply chain risks and poses challenges to inflation control. The future direction of interest rate policy depends on factors such as inflation data and trade policies. The US economy continues to face uncertainty.

01/07/2026 Logistics Industry Insights
Read More
US Import Growth Slows Amid Trade Shifts

US Import Growth Slows Amid Trade Shifts

Descartes' latest report reveals that US import growth stalled in October, experiencing a year-over-year decline, indicating increased market risk. China's import share rose, but its total volume decreased, mirroring a general downturn among major trading partners. Performance varied between East and West Coast ports. Businesses should diversify their supply chains, optimize inventory, enhance risk management, and actively explore new markets to navigate the changing market landscape. The stagnation suggests potential challenges ahead for the US economy and highlights the need for proactive strategies.

01/07/2026 Logistics
Read More