WTO Pact Gains Global Support to Boost Trade in Developing Nations

WTO Pact Gains Global Support to Boost Trade in Developing Nations

To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.

12/30/2025 Customs Knowledge
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Key Role of Bill of Lading in Global Trade Risk Management

Key Role of Bill of Lading in Global Trade Risk Management

The Ocean Bill of Lading (B/L) is a crucial document in international trade, serving as evidence of a transport contract, a receipt for goods, and a document of title. This paper delves into the types, contents, circulation process, and significant role of the B/L in international trade. It compares the risks of original B/Ls versus Telex Release, explores common issues and solutions, and discusses the development trends of electronic B/Ls. The aim is to help businesses master B/L operations, mitigate trade risks, and improve operational efficiency.

01/07/2026 Document Interpretation
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Jebel Ali Port Fuels Middle East Trade and Global Supply Chains

Jebel Ali Port Fuels Middle East Trade and Global Supply Chains

Jebel Ali Port, a deep-water port in Dubai, UAE, ranks as the world's ninth-largest container port. It is the largest man-made harbor and the busiest port in the Middle East. With its strategic location, comprehensive service system, and world-class infrastructure, Jebel Ali Port has become a trade engine for the Middle East and a vital hub in the global supply chain. It plays a crucial role in the economy of the UAE and the world.

02/11/2026 Port Encyclopedia
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New Executive Program Aims to Empower Customs Leaders in Global Trade

New Executive Program Aims to Empower Customs Leaders in Global Trade

The Executive Program in Commerce and Business Administration (EPCBA) aims to enhance the strategic thinking and practical skills of customs managers from developing countries. The program covers key topics such as international trade theory, business management knowledge, WCO international standards, and the WTO TFA, helping participants address customs challenges and promote global trade facilitation. It provides a comprehensive understanding of modern customs practices and equips participants with the tools necessary to improve efficiency and effectiveness in their respective roles.

01/20/2026 Customs Knowledge
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Ecommerce Sellers Turn to FBA Ocean Freight Amid Global Trade Shifts

Ecommerce Sellers Turn to FBA Ocean Freight Amid Global Trade Shifts

This article provides an in-depth analysis of FBA ocean freight, explaining its definition, advantages, and challenges. It details key processes, offers advice on selecting service providers, and provides solutions to common problems. Furthermore, it explores future development trends in FBA ocean freight, aiming to offer cross-border e-commerce sellers a comprehensive guide to global customs clearance. This guide helps sellers navigate the complexities of shipping goods to Amazon fulfillment centers via ocean freight, optimizing their supply chain and reducing costs.

02/12/2026 Logistics
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Global Air Cargo Slows Amid Trade Slump Hints at Future Growth

Global Air Cargo Slows Amid Trade Slump Hints at Future Growth

Global air cargo volumes fell 5.6% year-on-year in February 2016, the largest drop in three years. However, considering the impact of Chinese New Year and the US West Coast port congestion last year, year-to-date data shows only a slight decrease in global cargo volumes. Excess capacity and weak global trade continue to put pressure on the industry, with significant divergence in regional market performance. The Middle East saw slower growth, North America benefited from increased imports, and Europe performed moderately.

02/12/2026 Logistics Industry Insights
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Key Tips for Selecting a US Freight Forwarder in Global Trade

Key Tips for Selecting a US Freight Forwarder in Global Trade

Choosing the right US ocean freight forwarder is crucial in global trade. This article delves into the roles and responsibilities, service types of freight forwarders, and provides key considerations for selecting one. The aim is to help businesses efficiently choose partners, optimize logistics efficiency, and reduce operating costs, thereby successfully expanding into the international market. Selecting a reliable forwarder ensures smooth transit and customs clearance, ultimately contributing to a more competitive and profitable international business operation.

02/02/2026 Logistics Encyclopedia
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Chinas Dongguan Firms Shift to Independent Trade Platforms for Global Growth

Chinas Dongguan Firms Shift to Independent Trade Platforms for Global Growth

Dongguan foreign trade enterprises are facing transformation and upgrading. Independent websites are key to breaking platform restrictions, directly reaching customers, and enhancing brand image. Product selection, logistics, payment, security, and marketing are the five essential elements for building a successful independent website. By seizing the opportunity, Dongguan foreign trade enterprises can achieve greater success in the global market.

02/03/2026 Logistics Industry Insights
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New Global Trade Rules Aim to Curb Plastic Pollution by 2028

New Global Trade Rules Aim to Curb Plastic Pollution by 2028

The HS 2028 version significantly enhances the identification of plastic products and materials by introducing new subheadings and a 'single-use' definition. This provides businesses with clearer classification standards, helping them accurately address plastic pollution challenges in global trade and facilitating the implementation of sustainable trade and circular economy policies. The updated HS Code allows for better tracking and management of plastic waste streams, supporting efforts to reduce environmental impact and promote responsible consumption and production patterns within international commerce.

02/05/2026 HS Code Query
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WCO and IPPC Boost Global Trade with Stricter Plant Health Rules

WCO and IPPC Boost Global Trade with Stricter Plant Health Rules

The World Customs Organization (WCO) and the International Plant Protection Convention (IPPC) signed a cooperation agreement to promote the safety and efficiency of international trade in plants and plant products. The cooperation will focus on five key areas: electronic data exchange, e-commerce, sea containers, single windows, and communication and promotion. The aim is to build a safer and more efficient plant trade system, inject new vitality into global trade, and build a global community of plant health. This partnership will contribute to smoother and more secure international trade flows.

01/07/2026 Customs Knowledge
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