WCO Backs Cape Verde in Landmark Customs Efficiency Study

WCO Backs Cape Verde in Landmark Customs Efficiency Study

The World Customs Organization (WCO), through the WACAM project, supported the Cape Verde Customs Administration (CVCA) in conducting its first Time Release Study (TRS) to improve clearance efficiency and optimize trade processes. The workshop brought together stakeholders to develop an action plan, assisting Cape Verde in fulfilling the World Trade Organization's Trade Facilitation Agreement, improving the business environment, and promoting economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline customs procedures and reduce release times.

02/03/2026 Customs Knowledge
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Wcos Revised Kyoto Convention Boosts Global Customs Efficiency

Wcos Revised Kyoto Convention Boosts Global Customs Efficiency

The WCO is actively promoting the review of the Revised Kyoto Convention (RKC). The meeting reviewed the revision plan, discussed the direction of advancement, and emphasized cooperation in addressing global trade challenges. The participants expressed their expectation that the RKC will promote trade facilitation. The discussions focused on how the RKC can be further modernized and adapted to the evolving needs of international trade, ensuring its continued relevance and effectiveness in streamlining customs procedures and promoting economic growth worldwide.

02/05/2026 Customs Knowledge
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Export Guide Shipping Drayage and Customs Clearance Explained

Export Guide Shipping Drayage and Customs Clearance Explained

This article provides a comprehensive analysis of the export trade process, covering key aspects such as booking, exchange orders, trucking, and customs declaration. It emphasizes the importance of document accuracy, adherence to deadlines, and the condition of containers. The aim is to help companies efficiently and compliantly complete exports and reduce trade risks. The article highlights operational details and precautions for each stage, offering practical guidance for navigating the complexities of international trade and ensuring a smooth export process.

02/05/2026 Customs Knowledge
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North Macedonia Launches Tradesimplifying Single Window System

North Macedonia Launches Tradesimplifying Single Window System

This paper delves into the digital transformation of trade facilitation, using North Macedonia's Single Window implementation as a case study. It highlights North Macedonia's EXIM system, analyzing its key functionalities and data standardization measures. The study also discusses the challenges faced in Single Window development and its future trends. Furthermore, it provides relevant insights for Chinese enterprises engaged in international trade. The paper emphasizes the importance of data standardization and streamlined processes for efficient trade operations.

02/06/2026 Customs Knowledge
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Customs Key to Enforcing Global Environmental Pacts

Customs Key to Enforcing Global Environmental Pacts

The World Customs Organization (WCO), in collaboration with UNEP and the Basel Convention Secretariat, held a workshop in Botswana to enhance customs officers' awareness and enforcement capabilities related to the Basel and Montreal Conventions. The workshop highlighted the crucial role of customs in implementing multilateral environmental agreements and looked forward to future cooperation in building a green trade landscape. The initiative aims to strengthen customs' ability to combat illegal trade in environmentally sensitive goods and promote sustainable trade practices.

02/12/2026 Customs Knowledge
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Expert Proposes Solutions for Chinas Shipping Challenges

Expert Proposes Solutions for Chinas Shipping Challenges

Ferold, a user on the Jiyun Baodian forum, offers professional container tracking services and excels at handling unexpected situations like modifying port entry data, especially for Yangshan Outer Port operations. He can even secure a last-minute opportunity when a vessel is about to dock, making him a valuable assistant for foreign traders and freight forwarders. His expertise and proactive approach provide crucial support in navigating complex logistics challenges.

08/22/2025 Logistics Encyclopedia
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Ethiopian Birr Exchange Rates Face Volatility Amid Economic Shifts

Ethiopian Birr Exchange Rates Face Volatility Amid Economic Shifts

This article introduces the Ethiopian Birr (ETB), the official currency of Ethiopia, covering its currency code, symbol, exchange rate relationship with the US dollar, and circulation status. It aims to provide readers with a comprehensive understanding of the Ethiopian Birr, serving as a reference for those traveling to or investing in Ethiopia. The information provided includes a brief overview of the foreign exchange controls that may impact currency conversion.

09/01/2025 Exchange Rate Query
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China Eximbank Boosts Shipping Sector with Financial Innovation

China Eximbank Boosts Shipping Sector with Financial Innovation

The Export-Import Bank of China supports Mediterranean Shipping Company's procurement of Chinese shipping containers through export buyer's credit, deepening their cooperation. The bank's innovative "China Model" ship financing solution provides financial services for foreign shipowners ordering Chinese ships, promoting the export of high value-added containers and upgrading the shipping industry chain. This enhances the international competitiveness of Chinese manufacturing by facilitating the export of ships and containers.

09/26/2025 Logistics
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Common Questions Regarding Dangerous Goods Export

Common Questions Regarding Dangerous Goods Export

This article addresses common issues faced by clients in dangerous goods export, focusing on the relationship between customs declaration and tax refund, the connection between the port of origin and destination, and the specific documentation required for foreign clearance. By answering these questions, we aim to aid clients in successfully completing the export and related clearance processes for dangerous goods. For specific needs, please contact us for comprehensive assistance.

07/17/2025 Logistics Encyclopedia
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Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

In the new customs declaration form, the definitions and reporting requirements for consignees, consignors, and production and sales units are crucial. The consignee and consignor must be legally registered entities, ensuring they are party to the foreign contract. In special cases, the contract executing entity must be specified. The production and sales unit must report the organization that actually participates in the production or sale of goods to ensure accurate information.

07/21/2025 Customs Knowledge
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