EU and Taiwan Advocate Ending Preshipment Inspections to Ease Trade

EU and Taiwan Advocate Ending Preshipment Inspections to Ease Trade

The EU and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu submitted a proposal to the WTO advocating for the phased elimination of pre-shipment inspection (PSI) by all members to facilitate trade. The proposal outlines differentiated timelines for members based on their development levels, emphasizing transitional arrangements and technical assistance. Eliminating PSI is expected to reduce trade costs and improve efficiency. However, it also highlights the importance of customs capacity building and risk management to ensure smooth trade flows and prevent potential abuses after PSI removal.

New Zealand Calls for Transparent Tariff Rules to Facilitate Trade

New Zealand Calls for Transparent Tariff Rules to Facilitate Trade

New Zealand submitted a proposal to the WTO advocating for an objective and transparent tariff classification system. The proposal calls for avoiding arbitrary and unfair classifications and suggests the unified application of the HS coding system. It emphasizes special and differential treatment for developing countries, along with the importance of technical assistance and capacity building. The proposal aims to promote global trade facilitation by ensuring predictable and equitable tariff classifications, thereby reducing trade barriers and fostering a more efficient international trading environment. This contributes to smoother cross-border trade and economic growth.

Trade Facilitation Key to Equitable Growth in Developing Nations

Trade Facilitation Key to Equitable Growth in Developing Nations

This proposal emphasizes the need to fully consider the special circumstances of developing countries in trade facilitation negotiations, closely linking technical assistance and capacity building (ATRC) with obligations to build a mutually beneficial partnership. The core elements include demand-driven ATRC, the coordinating role of the WTO, phased implementation of commitments, and prioritization of dispute resolution. The aim is to ensure that trade facilitation benefits all countries, especially developing and least developed countries. It highlights the importance of tailored support and a collaborative approach to achieve inclusive and sustainable trade growth.

HS Code Errors Pose Trade Risks Experts Warn

HS Code Errors Pose Trade Risks Experts Warn

This article delves into the World Customs Organization's (WCO) recommendations on HS code classification, exploring the challenges and risks faced by businesses. It proposes strategies including accurately understanding HS coding rules, building a professional team, utilizing search tools, communicating with customs, establishing a database, and monitoring WCO updates. Through case studies, it emphasizes the complexity and importance of HS code classification, aiming to help companies reduce trade risks, ensure compliance, and gain a competitive edge. The article provides practical guidance for navigating the intricacies of HS codes in international trade.

Namibia Enhances Trade with Wcobacked WTO Deal

Namibia Enhances Trade with Wcobacked WTO Deal

At the request of the Namibian Customs and Excise Department, the World Customs Organization (WCO) conducted a diagnostic support mission focused on the implementation of the WTO Trade Facilitation Agreement. Through extensive consultations with Namibian public and private sectors, the WCO will provide a tailored report with recommendations and collaborate with NCE to develop an implementation plan. This initiative aims to enhance capacity building and international cooperation, ultimately assisting Namibia in achieving trade facilitation and economic growth. The mission highlights the importance of customs cooperation in supporting TFA implementation.

WCO JICA Boost Customs Valuation in Southern Africa

WCO JICA Boost Customs Valuation in Southern Africa

The WCO and JICA collaborated on an MTP project to train customs valuation officers from five Southern African countries. This initiative aimed to enhance regional customs capacity and facilitate trade development in the region. The project focused on building expertise in customs valuation techniques and promoting international cooperation among customs administrations. Ultimately, the goal was to improve the efficiency and effectiveness of customs operations, contributing to economic growth and regional integration. The training program covered various aspects of customs valuation, ensuring participants gained a comprehensive understanding of the subject matter.

UAE Customs Adopts Wcobacked Training System

UAE Customs Adopts Wcobacked Training System

At the invitation of the UAE's Federal Customs Authority (FCA), the World Customs Organization (WCO) assisted in harmonizing the recruitment and training standards for Customs inspectors nationwide. Through diagnostic assessments, the WCO provided systematic improvement recommendations, covering unified recruitment criteria, optimized training systems, and strengthened qualification certifications. The aim is to enhance the professionalism of the UAE Customs workforce and promote international trade facilitation. This initiative focuses on building capacity and ensuring consistent application of Customs procedures across the country, ultimately contributing to more efficient and secure trade flows.

Lesotho Upgrades Tax Talent Management System

Lesotho Upgrades Tax Talent Management System

The Lesotho Revenue Authority (LRA) is modernizing its human resource management system to improve operational efficiency and tax collection. The World Customs Organization (WCO) supports the LRA through training and capacity building, assisting in the implementation of a competency-based HRM system to build a highly effective tax workforce. With strong commitment from LRA senior management and continued empowerment from the WCO, the LRA aims to achieve its modernization goals. This collaboration focuses on developing a skilled and competent workforce to drive revenue generation and improve tax administration.

Global Trade Adopts Datadriven Customs for Digital Shift

Global Trade Adopts Datadriven Customs for Digital Shift

International Customs Day 2022 focused on data-driven customs digitalization. This report explores the construction of a data ecosystem, emphasizing data culture and the importance of data quality. It analyzes the leading role of the World Customs Organization (WCO) in promoting data sharing and collaboration among customs administrations. The report highlights how leveraging data can enhance trade facilitation, improve risk management, and ultimately contribute to more efficient and secure global trade flows. It also discusses the challenges and opportunities associated with building a robust and sustainable data ecosystem for customs.

WCO Resumes Leadership Program to Train Future Customs Leaders

WCO Resumes Leadership Program to Train Future Customs Leaders

The WCO relaunched its Leadership Development Programme, aiming to enhance the leadership and management capabilities of customs officials. This initiative addresses international trade challenges and promotes customs modernization. Sixteen countries have benefited from the program. The WCO expresses gratitude to China, Japan, and Korea for their financial contributions and support.