WCO Conference Highlights Digital Tools for Sustainable Trade

WCO Conference Highlights Digital Tools for Sustainable Trade

The World Customs Organization Technology Conference focused on "Digital Empowerment for Trade Facilitation," delving into topics like Single Window systems, trusted digital ecosystems, and data-driven sustainable supply chains. The conference emphasized technological innovation as a key driver of customs modernization. It called for strengthened international cooperation to build smart customs, addressing global trade challenges and enhancing efficiency, security, and sustainability. The discussions highlighted the importance of leveraging digital tools to streamline processes and foster a more resilient and interconnected global trade environment.

Smart Tools Transform Foreign Trade Customer Acquisition

Smart Tools Transform Foreign Trade Customer Acquisition

Traditional foreign trade customer acquisition methods face challenges like high costs and low efficiency. Specialized tools address these issues by offering features such as precise customer filtering, global aggregation of buyer information, and AI-powered automated lead generation. These functionalities enable systematic and structured customer acquisition, boosting the efficiency of foreign trade professionals and helping businesses secure more commercial opportunities. Digital transformation is crucial for competitive advantage in the foreign trade sector, allowing businesses to adapt and thrive in the evolving global landscape.

Wcos SAFE Framework Enhances Global Supply Chain Security

Wcos SAFE Framework Enhances Global Supply Chain Security

The World Customs Organization (WCO) SAFE Conference reviewed the implementation of the SAFE Framework and planned for future development. The conference focused on data strategies, green customs, capacity building, and border coordination. The aim is to build a secure and efficient global trade system. Discussions centered on enhancing supply chain security, promoting trade facilitation, and leveraging data to improve customs operations. The conference emphasized the importance of international collaboration and innovation in addressing emerging challenges and opportunities in global trade.

Estonia Adopts Revised Kyoto Convention to Boost Trade Efficiency

Estonia Adopts Revised Kyoto Convention to Boost Trade Efficiency

The World Customs Organization announced that Estonia has officially acceded to the Revised Kyoto Convention. This signifies Estonia's alignment of its customs management with international standards. By simplifying and harmonizing customs procedures, and applying risk management, this move aims to improve customs clearance efficiency, reduce trade costs, and optimize the investment environment, contributing to global trade facilitation. Estonia's adoption of the Revised Kyoto Convention demonstrates its commitment to streamlined and efficient trade practices, further integrating it into the global trading system.

Bolivia Boosts Customs Efficiency Via Trade Facilitation Project

Bolivia Boosts Customs Efficiency Via Trade Facilitation Project

Under the WCO's global trade facilitation program, a Mercator follow-up mission assessed Bolivian Customs' progress in trade facilitation and provided recommendations for improvement. The evaluation focused on key areas like risk management and advance rulings, engaging actively with stakeholders. Expert advice will help Bolivian Customs refine measures, improve service delivery, and contribute more to economic development. The assessment aimed to identify areas where further progress is needed to streamline procedures and reduce trade costs, ultimately boosting Bolivia's competitiveness in the global market.

Madagascar Customs Streamlines Trade with New Classification System

Madagascar Customs Streamlines Trade with New Classification System

With the support of the World Customs Organization (WCO) and the Global Alliance for Trade Facilitation (GATF), Madagascar Customs has enhanced the commodity classification skills of its officers through capacity-building training. This lays the foundation for building a modern advance ruling mechanism. This initiative aims to optimize the business environment, promote trade facilitation, and help Madagascar integrate into the global trading system. The improved classification expertise contributes to efficient customs procedures and supports Madagascar's economic growth by streamlining international trade.

US Container Imports Drop Sharply in May Amid China Trade Strain

US Container Imports Drop Sharply in May Amid China Trade Strain

Descartes' Global Shipping Report reveals a significant drop in US container imports in May, impacted by trade fluctuations and tariff policies, with a sharp decrease in imports from China. Throughput declined across the top ten ports, and there was a shift in market share between East and West Coast ports. The report highlights the influence of trade protectionism, geopolitical risks, and economic uncertainty on the global trade landscape. Businesses need to adapt their supply chain strategies to navigate these challenges.

01/15/2026 Logistics
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WCO Advances Customs Modernization with Updated ECP Plan

WCO Advances Customs Modernization with Updated ECP Plan

The WCO's revised Phase IV of the ECP Action Plan aims to advance global customs modernization and promote trade facilitation and security. This is achieved through initiatives like compiling transit trade best practices, revising data model guidelines, focusing on Small Island Economies, researching Special Customs Zones, reviewing the Kyoto Convention, exploring rail customs procedures, developing PLACI guiding principles, aligning AEO with ICAO programs, and updating the disruptive technology report. These efforts collectively contribute to a more efficient and secure global trade environment.

WCO and ICC Partner to Strengthen WTO Customs Valuation Rules

WCO and ICC Partner to Strengthen WTO Customs Valuation Rules

The World Customs Organization (WCO) and the International Chamber of Commerce (ICC) have a long-standing collaboration to promote the global application of the WTO Customs Valuation Agreement. In 2000, they issued a joint declaration aimed at promoting uniform, transparent, and fair customs valuation standards. This collaboration seeks to foster global trade compliance, transparency, and facilitation, ultimately reducing trade costs for businesses. The joint efforts emphasize the importance of consistent and predictable customs valuation practices for efficient and equitable international trade.

Ouda Launches Digital Smart Warehouse for Global Logistics

Ouda Launches Digital Smart Warehouse for Global Logistics

New Ouda Overseas Warehouse was recognized at the Qingdao Foreign Trade Industry Summit for its outstanding global network and service capabilities. Through data-driven global deployment and digitally empowered operations, New Ouda continuously improves cross-border logistics efficiency. It is committed to building a high-quality global logistics ecosystem, assisting Chinese brands in going global, and providing a practical model for the high-quality development of national foreign trade. The company leverages smart technology to optimize warehouse management and delivery processes, ensuring faster and more reliable service for its clients.

02/03/2026 Logistics
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