Kenya WCO Boost Customs Compliance and Risk Management

Kenya WCO Boost Customs Compliance and Risk Management

The World Customs Organization (WCO) supported the Kenya Revenue Authority's (KRA) customs compliance and risk management efforts in collaboration with the Swedish Tax Agency (STA). This initiative aimed to enhance KRA's tax collection efficiency, close tax loopholes, optimize the business environment, and improve international competitiveness. This collaboration marks a significant step in the modernization of Kenya's tax administration and provides valuable lessons for other developing countries. The partnership focused on strengthening KRA's capabilities in key areas, ultimately contributing to sustainable economic growth and improved governance.

Enterprises Urged to Modernize Supply Chains Beyond ERP

Enterprises Urged to Modernize Supply Chains Beyond ERP

A study reveals that companies relying solely on ERP systems for supply chain visibility face significant inter-enterprise visibility gaps. Businesses should move beyond ERP limitations by embracing cloud technologies, IoT, and big data analytics. Strengthening collaboration with partners is crucial to building end-to-end supply chain visibility, enhancing agility, and boosting competitiveness. Overcoming ERP's inherent limitations is essential for achieving true supply chain transparency and responsiveness in today's dynamic market.

WCO and IDB Partner to Enhance Latin American Trade

WCO and IDB Partner to Enhance Latin American Trade

The World Customs Organization (WCO) participated in a policy dialogue with the Inter-American Development Bank (IDB), sharing trade facilitation experiences to support trade development in Latin America. Key initiatives highlighted included the Single Window, the Authorized Economic Operator (AEO) program, and the Mercator Program. The WCO emphasized the importance of international cooperation in promoting global trade. The dialogue aimed to foster collaboration and knowledge exchange to enhance trade efficiency and security within the Latin American region and beyond.

WCO JICA Team Up to Upgrade Customs Systems in Developing Countries

WCO JICA Team Up to Upgrade Customs Systems in Developing Countries

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Cooperation in 2015. This collaboration aims to improve customs administration in developing countries and promote economic development through capacity building, customs modernization, and trade facilitation. Both parties will deepen cooperation, innovate approaches, and jointly address new global trade dynamics. The goal is to build a more open, inclusive, and mutually beneficial global trade landscape.

Namibia Modernizes Customs with Datadriven Tariff System

Namibia Modernizes Customs with Datadriven Tariff System

The World Customs Organization (WCO), in collaboration with the European Union, is assisting the Namibian Revenue Agency (NamRA) in enhancing its commodity classification capabilities through the 'HS Project Africa'. This initiative employs systematic training and case studies to develop a team of experts proficient in the Harmonized System (HS). The project aims to improve customs clearance efficiency, reduce trade disputes, increase revenue collection, and ultimately contribute to Namibia's economic development.

Canada EU New Zealand Partner to Simplify Crossborder Trade

Canada EU New Zealand Partner to Simplify Crossborder Trade

A joint initiative by Canada, the EU, and New Zealand aims to enhance cross-border trade efficiency by strengthening border agency collaboration, data compatibility, and centralized control. The initiative emphasizes special and differential treatment and technical assistance to promote global trade facilitation, building a more efficient, convenient, and secure cross-border trading environment. It focuses on streamlining processes and reducing barriers to trade through improved coordination and technological advancements.

Douyin Shop Agencies Drive Merchant Growth in China

Douyin Shop Agencies Drive Merchant Growth in China

This article provides an in-depth analysis of TikTok Shop agency operation, covering its definition, service scope, and advantages, offering a comprehensive decision-making reference for merchants. Choosing agency operation can reduce operating costs, improve efficiency, mitigate risks, and access professional resources. The article also analyzes the store launch cycle and provides suggestions for selecting a reliable agency, helping merchants capitalize on the live streaming e-commerce boom. It emphasizes the benefits of outsourcing TikTok Shop management to experienced professionals for optimal results.

Facebook Ads Drive Growth in Latin Americas Gaming Market

Facebook Ads Drive Growth in Latin Americas Gaming Market

This article focuses on game globalization in the Latin American market, emphasizing the importance of opening a Facebook account through an agency. By using a professional agency, companies can effectively reduce risks, optimize their advertising strategies, and save time and effort. This allows them to better reach their target audience and achieve business growth in the LATAM region. Leveraging a Facebook agency provides crucial support for navigating the complexities of the Latin American market and maximizing ROI on advertising spend.

China Customs Supports WCO in Global Trade Valuation Standards

China Customs Supports WCO in Global Trade Valuation Standards

The WCO Revenue Package aims to enhance customs revenue collection capabilities of member countries. China Customs actively participates in this initiative, providing valuation control case studies and sharing its experiences. China's customs valuation control system, characterized by comprehensive laws and regulations, advanced risk management techniques, a robust valuation database, and effective inter-departmental collaboration, offers valuable lessons for other nations. This participation underscores China's commitment to supporting global efforts in securing customs revenue and promoting best practices in valuation control.