WTO Marks 50 Years of Fair Trade Rules Under Customs Pact

WTO Marks 50 Years of Fair Trade Rules Under Customs Pact

This paper reviews the 50-year development of the WTO Customs Valuation Agreement, emphasizing its crucial role in maintaining fair trade and promoting international cooperation. It examines the agreement's impact on global trade practices and its contributions to reducing trade barriers. Furthermore, the paper looks forward to future development directions, considering emerging challenges and opportunities in the international trade landscape. It highlights the agreement's continued relevance in ensuring transparent and predictable customs valuation procedures, fostering trust among trading partners, and facilitating efficient cross-border trade flows.

01/05/2026 Customs Knowledge
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Maldives Customs Modernizes Risk Management After WCO Report

Maldives Customs Modernizes Risk Management After WCO Report

The World Customs Organization (WCO) presented a diagnostic report to the Maldives Customs Service, highlighting areas for improvement in customs valuation, post-clearance audit, and risk management. The report recommended establishing a robust risk management system, optimizing valuation processes, and upgrading audit methodologies. The Commissioner General of Maldives Customs pledged to develop an action plan based on the recommendations to enhance customs efficiency and transparency, ultimately fostering economic development. This initiative aims to modernize customs operations and facilitate smoother trade flows for the Maldives.

12/30/2025 Customs Knowledge
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WCO Introduces French Online Courses for Trade Efficiency

WCO Introduces French Online Courses for Trade Efficiency

The WCO has launched a French version of its Data Model and Customs Valuation online course to help customs officers in French-speaking regions improve their skills and promote trade facilitation. This initiative aims to empower customs officials with the necessary knowledge and tools to effectively implement the WCO Data Model and apply customs valuation principles. By providing access to this comprehensive training in French, the WCO is enhancing accessibility and fostering greater participation, ultimately contributing to more efficient and transparent customs procedures and smoother international trade flows.

01/05/2026 Customs Knowledge
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Guide to HS Codes Boosts Competitiveness for 58 Goods

Guide to HS Codes Boosts Competitiveness for 58 Goods

This article provides a detailed overview of HS codes and export tax rebate information related to 58 categories of goods, helping businesses enhance their competitiveness in the international market. It particularly emphasizes how to effectively utilize these codes to meet market demands.

08/06/2025 HS Code Query
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Guide to Safe Limited Quantity Shipping for Dangerous Goods

Guide to Safe Limited Quantity Shipping for Dangerous Goods

Troubled by the lack of a Dangerous Goods Packing Certificate for exporting hazardous materials? This article unveils the alternative solution of "Limited Quantity Declaration." It details the principles, scope, operational key points, and precautions of limited quantity packaging, helping you smoothly solve the challenges of dangerous goods export. Ensure your cargo reaches its destination safely and compliantly by understanding and utilizing this method. This allows for the export of small quantities of certain hazardous materials without the full requirements of a dangerous goods packing certificate.

03/11/2024 Logistics Encyclopedia
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Shanghai Streamlines Customs for Returned Goods to Cut Costs

Shanghai Streamlines Customs for Returned Goods to Cut Costs

This article provides an in-depth analysis of the returned goods clearance process in Shanghai, focusing on key commodities such as new and used mechanical and electrical equipment, food, and cosmetics. It offers professional customs clearance strategies and standardized process guidance. The importance of selecting professional clearance services, preparing documents in advance, and maintaining communication with customs is emphasized. The aim is to help companies efficiently and compliantly complete returned goods clearance, reducing costs and risks.

02/06/2025 Customs Knowledge
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Hazardous Goods Export by Sea Key Challenges and Solutions

Hazardous Goods Export by Sea Key Challenges and Solutions

This article provides a detailed analysis of each step in the dangerous goods sea freight export process, including booking, document preparation, container loading and delivery, dangerous goods declaration, customs clearance, customs acceptance, release, and loading onto the vessel. It emphasizes the importance of compliance and offers specific precautions for different types of dangerous goods. The aim is to assist companies in efficiently and safely completing their dangerous goods sea freight export operations, ensuring adherence to regulations and minimizing potential risks throughout the entire shipping process.

08/21/2025 Logistics Encyclopedia
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Streamlined LCL Dangerous Goods Shipping to Busan Eases Logistics

Streamlined LCL Dangerous Goods Shipping to Busan Eases Logistics

Offering LCL sea freight export services for Class 9 dangerous goods from Busan. We provide stable shipping schedules, simplified documentation, and can assist with dangerous goods packaging certificates. Flexible warehousing, professional customs clearance, and flexible bill of lading options are available. We help businesses efficiently and conveniently complete their dangerous goods exports. Focus on Busan export, dangerous goods and LCL service.

09/19/2024 Logistics Encyclopedia
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