WCO Advocates Sustainable Goals at UNCTAD Nairobi Summit

WCO Advocates Sustainable Goals at UNCTAD Nairobi Summit

The WCO reaffirmed its commitment to the SDGs, promoting trade facilitation tools and actively participating in addressing e-commerce challenges. These efforts aim to foster inclusive and equitable global trade. The WCO's focus on sustainable development ensures that trade practices are environmentally sound and socially responsible. By streamlining cross-border transactions and simplifying customs procedures, the WCO facilitates efficient and cost-effective trade for businesses of all sizes, particularly benefiting SMEs. Ultimately, the WCO strives to create a more level playing field in international trade, enabling greater participation and shared prosperity.

01/05/2026 Customs Knowledge
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WCO BRS Partner to Advance Green Trade Via HS Codes

WCO BRS Partner to Advance Green Trade Via HS Codes

The World Customs Organization (WCO) and the Secretariats of the Basel, Rotterdam and Stockholm Conventions (BRS) highlighted their collaboration in addressing environmental and social issues using the Harmonized System (HS) at the BRS COPs in Geneva. The WCO facilitates customs control of goods threatening the environment and human health by introducing HS codes. They shared elements of successful proposals, aiming to strengthen global cooperation and build a sustainable trade future. This partnership demonstrates how the HS can be leveraged for environmental protection and responsible trade practices on a global scale.

01/05/2026 Customs Knowledge
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WCO Implements New Trade Valuation Rules to Boost Revenue

WCO Implements New Trade Valuation Rules to Boost Revenue

The WCO Technical Committee on Customs Valuation has adopted two new advisory opinions concerning the valuation treatment of income tax in royalties and the valuation of buyer's own trademarks on imported goods. These new rules aim to enhance certainty and transparency in customs valuation, promote international trade facilitation, optimize customs revenue, and ensure the healthy development of global trade. They provide guidance on complex valuation issues, contributing to a more predictable and equitable international trade environment. The opinions seek to clarify existing valuation principles and address practical challenges faced by customs administrations and traders alike.

01/05/2026 Customs Knowledge
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Global Airlines Adopt Einvoicing to Cut Costs

Global Airlines Adopt Einvoicing to Cut Costs

This paper explores the challenges faced by the global aviation industry in electronic invoicing and settlement, highlighting IATA's SIS platform as an industry solution. It analyzes the opportunities and challenges in global electronic invoice standardization and proposes strategies such as strengthening international cooperation, promoting the SIS platform, and adopting new technologies. The aim is to promote the digital transformation of the aviation industry, improve efficiency, and enhance transparency. The paper emphasizes the importance of a unified approach to electronic invoicing to streamline processes and reduce costs for airlines worldwide.

01/05/2026 International Settlement
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Baiyun Network Expands Iberian Ecommerce with Spain Small Package Service

Baiyun Network Expands Iberian Ecommerce with Spain Small Package Service

The Baiyun Network Spain Small Packet launch was a success, focusing on the blue ocean market in Spain and introducing efficient and economical logistics solutions. By optimizing the supply chain and integrating resources, Baiyun Network helps cross-border e-commerce sellers reduce costs and improve efficiency. With a delivery time of 5-8 days, competitive pricing, and a transparent tracking system, it provides a solid guarantee for tapping into the Iberian Peninsula market. This ensures a reliable and cost-effective solution for businesses looking to expand into Spain.

01/05/2026 Logistics
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Fedex UPS DHL Comparing Global Shipping Speeds

Fedex UPS DHL Comparing Global Shipping Speeds

This article provides an in-depth comparison of the delivery times of the three major international express companies: DHL, FedEx, and UPS. It analyzes the key factors influencing delivery speed and offers advice on choosing the appropriate express company. DHL excels in the European and Asian markets, FedEx has a clear advantage in North America, and UPS is known for its stability and reliability. When selecting an express company, factors such as price and service coverage should be considered. Consulting with a professional logistics consultant is recommended when needed to make the best choice.

01/05/2026 Logistics
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Temu Adjusts Ad Strategy As Ecommerce Sellers Adapt

Temu Adjusts Ad Strategy As Ecommerce Sellers Adapt

Temu is adjusting its global strategic layout, shifting its traffic investment budget towards emerging markets like Europe, Asia, and the Middle East. Sellers should avoid direct competition in the US and European markets and instead focus on these new opportunities. Strategies include using the fully managed model for product testing and the semi-managed model for profit generation. Data-driven, refined operations are crucial. Sellers should also closely monitor platform policy changes and market trends to adapt their business strategies accordingly and achieve business growth in the new market environment.

01/05/2026 Logistics Industry Insights
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Crossborder Ecommerce Firms Struggle With Customs Compliance

Crossborder Ecommerce Firms Struggle With Customs Compliance

Cross-border e-commerce companies need to balance compliance and efficiency when choosing a customs clearance model. General trade clearance offers high compliance and tax refunds, suitable for bulk goods. Express customs clearance is convenient and efficient but subject to policy restrictions, making it suitable for small-batch replenishment. Companies should select the most appropriate customs clearance method based on their own business characteristics and target market policies. The optimal choice depends on factors such as shipment size, product type, and desired speed of delivery, ensuring both regulatory adherence and operational effectiveness.

01/05/2026 Customs Knowledge
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WCO Highlights Customs Key Role in Pandemic Preparedness

WCO Highlights Customs Key Role in Pandemic Preparedness

The WCO's COVID-19 project aims to enhance customs' capacity to respond to emergencies and ensure supply chain security. Key aspects include international cooperation and technological innovation. The project focuses on strengthening customs' preparedness, facilitating the flow of essential goods, and mitigating disruptions to global trade. By fostering collaboration and leveraging innovative technologies, the WCO seeks to build more resilient and secure supply chains in the face of future crises. This initiative underscores the importance of customs in safeguarding global trade and protecting public health during times of uncertainty.

12/30/2025 Customs Knowledge
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WCO Aids Bosnia in Ecommerce Customs Reform

WCO Aids Bosnia in Ecommerce Customs Reform

The World Customs Organization (WCO) held a cross-border e-commerce workshop in Bosnia and Herzegovina (BiH) to enhance BiH Customs' awareness of WCO tools and initiatives, promoting the security and facilitation of cross-border e-commerce. The workshop highlighted the WCO Framework of Standards on Cross-Border E-Commerce and the Immediate Release Guidelines, and discussed topics such as intellectual property rights protection. BiH Customs officials stated that the workshop deepened their understanding of WCO tools and will contribute to the implementation of the E-Commerce Framework of Standards (FoS).

12/30/2025 Customs Knowledge
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