Revised Kyoto Convention Enters Key Consultation Phase

Revised Kyoto Convention Enters Key Consultation Phase

The 29th session of the Kyoto Convention Management Committee focused on crucial consultations regarding the comprehensive review, discussing potential draft texts for specific annexes, including goods handling, postal traffic, and relief consignments. The meeting emphasized the importance of revising the Kyoto Convention to adapt to global trade changes and called for active participation from all parties to jointly promote the facilitation and security of international trade. The discussions aimed to streamline customs procedures and enhance trade efficiency in line with the Kyoto Convention principles.

US House Passes CORCA Act to Tackle Retail Crime

US House Passes CORCA Act to Tackle Retail Crime

The House Judiciary Committee passed the Combating Organized Retail Crime Act of 2025 (CORCA), aiming to strengthen federal law enforcement, establish crime coordination centers, increase penalties for cargo theft, and enhance public-private partnerships. This legislation addresses the growing problem of organized cargo and retail theft, seeking to protect supply chain security and consumer interests. CORCA aims to provide better tools and resources to combat these crimes and deter future offenses by improving collaboration and increasing accountability for those involved in organized retail crime.

02/03/2026 Logistics
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WCO Adopts Data Analytics to Boost Trade and Security

WCO Adopts Data Analytics to Boost Trade and Security

The 215th/216th sessions of the WCO's Permanent Technical Committee focused on the application of data analysis in customs, highlighting its importance in trade facilitation, supply chain security, and e-commerce regulation. Discussions covered the implementation of the Trade Facilitation Agreement, integrated supply chain management, future technology applications, and customs-tax cooperation. The aim was to enhance the regulatory and service capabilities of customs administrations and promote global trade development. This involved exploring how data-driven insights can optimize processes and improve efficiency within customs operations.

Revised Kyoto Convention Enters Global Customs Consultation Phase

Revised Kyoto Convention Enters Global Customs Consultation Phase

The World Customs Organization convened the 29th session of the Revised Kyoto Convention Management Committee. Key discussions focused on potential draft texts for specific annexes, covering crucial areas such as goods processing, postal traffic, relief consignments, express shipments, travelers, rules of origin, and free zones. The meeting emphasized the importance of a comprehensive review and called for active participation from all parties to collectively promote the modernization and harmonization of global customs rules. This collaborative effort aims to streamline international trade and improve efficiency.

WCO and WTO Boost Trade Facilitation for Global Businesses

WCO and WTO Boost Trade Facilitation for Global Businesses

This article interprets the key issues discussed at the joint meeting of the WCO Trade Facilitation Agreement Working Group (TFAWG) and the Permanent Technical Committee (PTC). It analyzes the progress of the WTO TFA, the WCO Mercator Program, and Time Release Studies. Furthermore, it provides actionable guidance for businesses, helping them to capitalize on trade facilitation opportunities and enhance their global competitiveness. The article highlights the importance of understanding and adapting to these initiatives to improve efficiency and reduce trade costs for businesses operating internationally.

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka established the National Trade Facilitation Committee (NTFC) to coordinate domestic departments in cross-border trade and promote the implementation of trade facilitation measures, thereby driving national economic development. The NTFC will be responsible for policy consultation, supervision and evaluation, strategic coordination, departmental coordination, problem identification and resolution, information center construction, and international cooperation. By optimizing trade processes and improving trade efficiency, it aims to promote economic growth. The NTFC is expected to streamline procedures and enhance Sri Lanka's competitiveness in the global market.

Revised Kyoto Convention Aims to Simplify Global Trade

Revised Kyoto Convention Aims to Simplify Global Trade

The revised Kyoto Convention by the World Customs Organization is undergoing comprehensive revision to simplify and harmonize customs procedures, promoting international trade facilitation. The 29th Management Committee meeting discussed 50 potential draft texts related to specific annexes, covering key areas such as goods handling, postal traffic, and relief consignments. Businesses should closely monitor the revision progress, assess potential impacts, and actively participate in providing feedback to adapt to the new trade environment. This will ensure compliance and optimize trade operations under the updated regulations.

Revised Kyoto Convention Aims to Simplify Global Customs Procedures

Revised Kyoto Convention Aims to Simplify Global Customs Procedures

The 29th session of the Revised Kyoto Convention Management Committee focused on potential draft texts of specific annexes, marking a crucial stage in the comprehensive review. Discussions covered topics such as goods handling, postal traffic, and relief consignments, aiming to simplify customs procedures and improve trade efficiency. Businesses should actively track policy changes, optimize customs data, and strengthen compliance management to seize opportunities and address challenges. This proactive approach is essential for navigating the evolving landscape of international trade and ensuring smooth cross-border operations.

Uzbekistan Boosts Customs Audits Via WCO Remote Support

Uzbekistan Boosts Customs Audits Via WCO Remote Support

The World Customs Organization (WCO) conducted a follow-up remote technical assistance mission to the State Customs Committee (SCC) of Uzbekistan. This aimed to enhance the country's post-clearance audit (PCA) capabilities, optimize audit processes, and develop specific customs audit procedures. Through practical exercises, case studies, and expert guidance, the mission sought to improve the audit skills and knowledge of customs officers, promoting trade facilitation and increased revenue collection. The focus was on strengthening PCA practices to ensure compliance and efficiency in customs operations.

Costa Rica WCO Collaborate to Enhance Central American Trade

Costa Rica WCO Collaborate to Enhance Central American Trade

Costa Rica's Minister of Foreign Trade met with the WCO Secretary General to discuss trade facilitation, regional integration, and other key issues. Costa Rica emphasized simplifying border procedures, establishing joint border posts, and implementing digital platforms. The WCO recommended establishing a National Trade Facilitation Committee and conducting a Time Release Study. Both parties agreed to strengthen cooperation to improve border management and create a better business environment for companies. The meeting highlighted the commitment to streamline trade processes and promote regional economic growth through enhanced collaboration.