Bahamas Adopts WCO Study to Modernize Customs Efficiency

Bahamas Adopts WCO Study to Modernize Customs Efficiency

The World Customs Organization (WCO) assisted Bahamas Customs in conducting its first Time Release Study (TRS) to identify clearance bottlenecks, optimize processes, and improve efficiency. With WCO training and technical support, the Bahamas aims to significantly reduce clearance times, lower trade costs, and meet the requirements of the WTO Trade Facilitation Agreement. This initiative is expected to promote economic growth and enhance the country's international image by streamlining customs procedures and fostering a more efficient trade environment.

Algeria Boosts Customs Tech with Dutch Lab Expertise

Algeria Boosts Customs Tech with Dutch Lab Expertise

Algerian customs experts visited the Netherlands to study its customs laboratory, aiming to learn from its best practices in operational models, infrastructure, and technology applications. This visit was a support activity under the EU-WCO HS-Africa Programme, designed to assist Algeria in building a modern customs laboratory and enhancing its capabilities in tariff classification, commodity analysis, and trade facilitation. The initiative seeks to strengthen Algeria's customs infrastructure and expertise, ultimately contributing to more efficient and effective trade processes.

WCOWACAM Project Modernizes Ghana Customs Operations

WCOWACAM Project Modernizes Ghana Customs Operations

An assessment by the World Customs Organization (WCO) of its WCO-WACAM project supporting the Ghana Revenue Authority (GRA) revealed significant progress in stakeholder engagement, human resource management, and strategic management. The WCO has proposed further collaboration aimed at strengthening customs administration in Ghana, promoting trade facilitation, and fostering economic development. The project's impact highlights the importance of targeted capacity building initiatives in achieving customs modernization goals and contributing to broader economic growth within the region.

Serbia Boosts Customs Modernization with WCO Support

Serbia Boosts Customs Modernization with WCO Support

With the support of the World Customs Organization (WCO) and the Customs Cooperation Fund Germany (CCF Germany), Serbian Customs held a workshop on customs laboratory modernization and Harmonized System (HS) tariff management. By enhancing laboratory analysis capabilities, optimizing HS code application, and strengthening capacity building, Serbian Customs aims to promote trade facilitation, improve revenue collection, and combat smuggling, ultimately boosting its international competitiveness. This initiative reflects Serbia's commitment to aligning with international standards and improving its customs operations.

WCO Backs Cape Verde in Landmark Customs Efficiency Study

WCO Backs Cape Verde in Landmark Customs Efficiency Study

The World Customs Organization (WCO), through the WACAM project, supported the Cape Verde Customs Administration (CVCA) in conducting its first Time Release Study (TRS) to improve clearance efficiency and optimize trade processes. The workshop brought together stakeholders to develop an action plan, assisting Cape Verde in fulfilling the World Trade Organization's Trade Facilitation Agreement, improving the business environment, and promoting economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline customs procedures and reduce release times.

WCO Supports Gambia Revenue Authoritys HR Modernization

WCO Supports Gambia Revenue Authoritys HR Modernization

The World Customs Organization (WCO) is supporting the modernization of human resource management at the Gambia Revenue Authority (GRA) through the West Africa Customs Administration Modernization Project. This project assisted the GRA in finalizing key tools such as the competency directory, job directory, service charter, and job descriptions, laying the groundwork for future communication and change management. The WCO will continue to support the GRA in improving its management level, promoting regional trade facilitation and economic development.

Tajikistan Customs Boosts Efficiency with WCO Time Release Study

Tajikistan Customs Boosts Efficiency with WCO Time Release Study

The World Customs Organization (WCO) successfully conducted a Time Release Study (TRS) workshop for Tajikistan Customs, aiming to help the country launch a new TRS cycle and improve customs clearance efficiency. The workshop covered TRS methodology, software applications, and special measures during the pandemic. It laid the foundation for Tajikistan's future TRS implementation, contributing to trade facilitation and economic growth. The TRS will help identify bottlenecks and improve procedures leading to faster release times and increased trade competitiveness.

Wcos 2021 SAFE Framework Enhances Global Trade Security

Wcos 2021 SAFE Framework Enhances Global Trade Security

The World Customs Organization (WCO) SAFE Framework 2021 has been officially released, adding a core element of cooperation between customs and other government agencies, and revising content such as smart security devices and mutual recognition arrangements. It aims to enhance supply chain security, efficiency, and transparency, reduce trade costs, and promote global trade facilitation and sustainable development. The updated framework emphasizes collaboration and technology to improve the overall security and flow of goods across international borders.

Alibaba And ZTO Express' Strategic Collaboration Driving Digital Transformation In The Logistics Industry

Alibaba And ZTO Express' Strategic Collaboration Driving Digital Transformation In The Logistics Industry

Alibaba and ZTO Express have reached a strategic investment agreement, with an investment of $1.38 billion for a 10% stake. This collaboration will promote the digital transformation of the logistics industry and demonstrates the deep integration of both companies in the new retail and new logistics sectors. Despite experiencing fluctuations in ZTO's stock price, its market share and net profit growth indicate strong competitiveness. This strategic investment marks Alibaba's ongoing expansion of partnerships in the express delivery industry.

08/12/2020 Logistics
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