Bangladeshs Cargo System Enhances Global Trade Efficiency

Bangladeshs Cargo System Enhances Global Trade Efficiency

To improve international trade efficiency, Bangladesh has implemented an Advance Manifest system, requiring carriers to submit manifests 24 hours before vessel departure. This initiative aims to enhance customs clearance efficiency, reduce trade costs, and strengthen security controls through pre-processing. Shippers are required to cooperate by submitting accurate shipping instructions. This system is expected to significantly contribute to trade facilitation and streamline the import/export process for Bangladesh.

09/28/2025 Logistics
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New Trade Policies in Guangxi Aim to Boost Imports and Exports

New Trade Policies in Guangxi Aim to Boost Imports and Exports

This article discusses the new policies implemented by the Guangxi Zhuang Autonomous Region to promote stable growth in import and export trade. These measures include reducing the burden on enterprises, implementing a processing trade doubling plan, increasing import rebates, and establishing duty-free shops. The aim of these policies is to drive economic growth, optimize the trade environment, enhance Guangxi's competitiveness in the international market, and ensure steady economic development.

07/28/2025 Logistics
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Cuba Fasttracks AEO Program to Boost Trade Security

Cuba Fasttracks AEO Program to Boost Trade Security

Cuba is actively promoting the AEO program to enhance trade facilitation and security. The World Customs Organization (WCO) provides crucial support, conducting workshops to improve Cuban Customs' capacity in AEO certification and mutual recognition arrangements. Cuba plans to fully implement the AEO program by the end of 2019 and actively seeks mutual recognition agreements with other countries. This will significantly improve Cuba's trade competitiveness and promote international trade cooperation.

Colombia Boosts Customs Oversight with Global Partnerships

Colombia Boosts Customs Oversight with Global Partnerships

WCO collaborated with Colombia's DIAN to enhance its customs audit capabilities through the GTFP. The WCO provided support to optimize PCA strategies and SOPs, fostering trade facilitation and economic growth. This partnership aims to improve efficiency and effectiveness in customs procedures, ultimately contributing to a more streamlined and competitive trade environment for Colombia. The collaboration highlights the importance of international cooperation in strengthening customs administrations and promoting global trade.

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.

Bahamas Customs Adopts Wcobacked System to Speed Clearance

Bahamas Customs Adopts Wcobacked System to Speed Clearance

The World Customs Organization (WCO) assisted Bahamas Customs in establishing an advance ruling system for goods classification, aiming to facilitate trade, reduce clearance delays, and enhance trade predictability. This system will mitigate trade frictions by resolving classification disputes in advance, leading to economic growth and improved international reputation for the Bahamas. The advance ruling system will improve efficiency and transparency, contributing to a more streamlined and predictable trading environment.

El Salvador Adopts WCO Data Model to Boost Trade Efficiency

El Salvador Adopts WCO Data Model to Boost Trade Efficiency

El Salvador Customs is actively adopting the WCO Data Model to enhance clearance efficiency and promote trade development. By standardizing data, system interoperability is achieved, reducing trade costs and improving supply chain security. This initiative brings faster clearance speeds, enhanced competitiveness, and a more secure and reliable supply chain to businesses. This signals a brighter trade future for El Salvador Customs, fostering economic growth and facilitating international commerce.

WCO Boosts Trade Security with Training for Francophone Nations

WCO Boosts Trade Security with Training for Francophone Nations

The World Customs Organization (WCO) Strategic Trade Control Enforcement (STCE) project held a 'Train the Trainer' workshop for French-speaking countries. The aim was to enhance customs enforcement capabilities in strategic goods trade control and prevent the illicit cross-border movement of weapons of mass destruction and related items. Participants acquired core knowledge of strategic trade controls, enforcement skills, and training techniques, laying the foundation for a multilingual team of experts. This initiative strengthens global efforts to combat proliferation and secure international trade supply chains.

Comoros Enhances Trade Via WTO Customs Training

Comoros Enhances Trade Via WTO Customs Training

The World Trade Organization (WTO) and the World Customs Organization (WCO) jointly held a workshop to provide technical assistance on customs valuation to Comoros, which is seeking to join the WTO, helping it fulfill its accession obligations. The workshop focused on the WTO's Valuation Agreement, covering valuation methods, appeal procedures, pre-shipment inspection, and trade facilitation. The aim was to enhance Comoros' trade competitiveness and build an efficient and transparent trade environment. The training is crucial for Comoros to align its customs practices with international standards.

Container Freight Fees Crucial in Global Logistics Costs

Container Freight Fees Crucial in Global Logistics Costs

Container Freight Station (CFS) charges are crucial costs in international logistics for handling LCL shipments. These charges pertain to the consolidation of goods at the point of origin and the deconsolidation process at the destination. They are based on the volume of the cargo and have a direct impact on international shipping costs.