Serbia Enhances Trade Via WCO Mercator Program

Serbia Enhances Trade Via WCO Mercator Program

The World Customs Organization (WCO) successfully completed a Mercator Program assessment of Serbian Customs, marking significant progress in trade facilitation for Serbia. The assessment aimed to understand Serbia's current compliance with the WTO's Trade Facilitation Agreement and develop a tailored action plan. The WCO will provide technical assistance through the PMFE to help Serbia improve its trade facilitation level and promote economic growth. This initiative will support Serbia in streamlining customs procedures and reducing trade costs, ultimately boosting its competitiveness in the global market.

01/26/2026 Customs Knowledge
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Azerbaijan Expands AEO Program to Facilitate Silk Road Trade

Azerbaijan Expands AEO Program to Facilitate Silk Road Trade

The World Customs Organization (WCO) is supporting Azerbaijan Customs in accelerating its Authorized Economic Operator (AEO) program, aiming to enhance supply chain security and improve trade efficiency. Through capacity-building workshops and the development of Mutual Recognition Agreements (MRAs), Azerbaijan is poised to better leverage its strategic geographic location as a key node on the 'Silk Road' to foster economic development. This initiative seeks to streamline customs procedures and promote a more secure and efficient trading environment for businesses operating in and through Azerbaijan.

01/26/2026 Customs Knowledge
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Revised Kyoto Convention Hits 113 Members Boosts Global Trade

Revised Kyoto Convention Hits 113 Members Boosts Global Trade

The Revised Kyoto Convention (RKC) now has 113 contracting parties, with the Republic of Congo being the latest addition. This convention, recognized as the blueprint for modern customs by the international customs community, aims to simplify and harmonize customs procedures, thereby facilitating global trade. It emphasizes the application of information technology, risk management, enhanced cooperation with the trade community, and the establishment of accessible appeal systems. The WCO encourages more members to join and implement the convention's provisions to build a more competitive global economy.

01/27/2026 Customs Knowledge
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Argentina Adopts WCO Data Model with Chinas Backing

Argentina Adopts WCO Data Model with Chinas Backing

With the support of the China Customs Cooperation Fund, the WCO successfully held a Data Model Workshop in Argentina. The workshop aimed to assist Argentine Customs and related agencies in adopting the WCO Data Model, building a harmonized national data directory, and enhancing digitalization and trade facilitation capabilities. The workshop included technical analysis, practical exercises, and case studies, injecting new momentum into the digital transformation of Argentine Customs. The goal is to improve data standardization and streamline trade processes, contributing to overall economic growth.

02/02/2026 Customs Knowledge
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Cape Verde Enhances Trade Efficiency with WCO Support

Cape Verde Enhances Trade Efficiency with WCO Support

The World Customs Organization (WCO), through the WCO-WACAM project, supports Cape Verde in conducting a Time Release Study (TRS) to optimize customs efficiency, attract foreign investment, and comply with the WTO Trade Facilitation Agreement. The forthcoming report is expected to streamline procedures, enhance port infrastructure, and strengthen inter-agency collaboration. This initiative aims to facilitate Cape Verde's integration into the global economy by improving trade competitiveness and reducing trade barriers. The study's findings will provide actionable recommendations for enhancing the overall customs clearance process.

02/02/2026 Customs Knowledge
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Digital Economy Drives Agile Nextgen Supply Chains

Digital Economy Drives Agile Nextgen Supply Chains

In the digital economy, next-generation supply chains require digitalization, blockchain, and cloud enablement to optimize logistics and delivery. Addressing risks and incorporating robotics are crucial for building an agile, intelligent, and interconnected system. These advancements aim to create resilient and efficient supply chains capable of adapting to dynamic market demands and disruptions. Focusing on data-driven insights and automation, companies can achieve greater visibility, responsiveness, and overall supply chain performance. Ultimately, this transformation leads to enhanced customer satisfaction and a competitive advantage in the modern business landscape.

01/20/2026 Logistics Industry Insights
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Cloud ERP Transforms Global Supply Chains

Cloud ERP Transforms Global Supply Chains

In the cloud-dominated era, ERP systems are undergoing profound transformations, evolving from basic Material Requirements Planning to integrated, cloud-based intelligent platforms. Technologies like cloud computing, IoT, and Big Data empower ERP, making it more interconnected, economically flexible, and intelligently agile. This facilitates stronger decision support and business innovation for enterprises within the digital supply chain. Embracing the cloud and actively exploring innovative ERP applications are crucial for the future development of businesses. Cloud ERP enables real-time visibility and collaboration across the supply chain, driving efficiency and responsiveness.

01/28/2026 Logistics Industry Insights
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Deloitte ASCM Launch Digital Model to Strengthen Supply Chains

Deloitte ASCM Launch Digital Model to Strengthen Supply Chains

Deloitte and ASCM jointly released the Digital Capabilities Model (DCM) for supply chain networks, aiming to help companies address challenges such as market volatility, technological innovation, and changing consumer demands, and build more resilient and adaptable supply chain networks. Seamlessly integrated with the SCOR Digital Standard, DCM views the supply chain as a dynamic and interconnected system. It offers application scenarios such as investment strategies, transformation plans, and objective assessments, helping companies achieve digital transformation. This model provides a framework for assessing and improving digital capabilities across the entire supply chain.

01/27/2026 Logistics Industry Insights
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Shipping Guide: Understanding Key Knowledge About Sea Freight, Customs Clearance, Operations, and Costs

Shipping Guide: Understanding Key Knowledge About Sea Freight, Customs Clearance, Operations, and Costs

This article introduces the basic concepts of consolidation, including port entry, customs declaration, operations, and associated costs. By understanding the 'Five Consistency Principles', the correct customs declaration steps, the importance of selecting shipping companies, and the role of bills of lading, readers can gain a comprehensive understanding of the consolidation process, ensuring smooth logistics and transportation.

07/17/2025 Logistics Encyclopedia
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