New DDP Shipping Eases International Trade Logistics

New DDP Shipping Eases International Trade Logistics

DDP (Delivered Duty Paid) with customs clearance and taxes included is a convenient international trade method. The seller assumes all responsibilities and costs until the goods are delivered to the buyer's specified location, including customs clearance and taxes. It simplifies the process and reduces risk, making it suitable for buyers lacking customs clearance experience or those who want to control costs. Choosing a reputable freight forwarder and understanding the destination country's policies are crucial for successful DDP shipping.

WCO Strengthens Risk Management for Middle Corridor Trade in Central Asia Caucasus

WCO Strengthens Risk Management for Middle Corridor Trade in Central Asia Caucasus

The WCO and JICA collaborated to enhance customs risk management capabilities in the Central Asia and Caucasus region. A training program was held in Georgia to develop Master Trainers, aiming to ensure the smooth operation of the 'Middle Corridor'. This initiative focuses on strengthening regional customs expertise and facilitating efficient trade flows along this crucial trade route. The program supports improved risk assessment and management practices within customs administrations, contributing to secure and efficient border procedures.

WCO Updates price Actually Paid Definition to Boost Trade Compliance

WCO Updates price Actually Paid Definition to Boost Trade Compliance

The new WCO regulations clarify the definition of "price actually paid or payable," assisting companies with compliance, facilitating trade, and improving the accuracy and efficiency of customs valuation. This clarification helps businesses understand and adhere to international valuation standards, streamlining import/export processes. By providing a more precise definition, the WCO aims to reduce valuation disputes and promote fair trade practices globally. Ultimately, this leads to more predictable and transparent customs procedures, benefiting both businesses and customs administrations.

West Africa Enhances Risk Management with WCOJICA Initiative

West Africa Enhances Risk Management with WCOJICA Initiative

The WCO/JICA Joint Project successfully completed a Master Trainer Program in West Africa, training 18 experts in risk management and intelligence analysis for customs administrations in six countries, including Benin and Burkina Faso. Through working groups, regional training material development, and virtual training, the project significantly enhanced customs risk management capabilities in the West African region and promoted regional cooperation and sustainable development. The WCO and JICA will continue to support customs capacity building in West Africa.

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

The Philippines will launch a National Time Release Study (TRS) in 2025 to enhance the efficiency of customs clearance for maritime imports and exports. Spanning two weeks, the study will focus on the Manila International Container Port and has received support from the World Customs Organization and HM Revenue and Customs of the UK. The final report is expected to be completed by the end of the year, providing a basis for subsequent reforms aimed at promoting trade facilitation and enhancing national competitiveness.

07/28/2025 Logistics
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Paperless Export Clearance Boosts Global Trade Efficiency

Paperless Export Clearance Boosts Global Trade Efficiency

This paper delves into paperless export release, highlighting its advantages such as improved customs clearance efficiency and reduced operating costs. It details the preparations and considerations for implementing paperless export release, aiming to help companies better understand and utilize paperless customs clearance policies. By streamlining processes and minimizing paperwork, this approach significantly enhances customs clearance efficiency, fostering foreign trade development and reducing delays associated with traditional paper-based procedures. The study emphasizes the importance of digital infrastructure and data security for successful implementation.

Da Shun Logistics Resolves Exhibition Goods Mislabeling Crisis

Da Shun Logistics Resolves Exhibition Goods Mislabeling Crisis

Dashun Logistics successfully resolved a customs clearance issue for imported exhibits caused by incorrect labeling. Through proactive communication and collaboration, they secured support from customs authorities, ensuring the exhibits participated in the exhibition on time. This case demonstrates the company's efficient teamwork, honest communication, and customer-centric service philosophy, providing valuable insights for other businesses. Dashun's approach highlights the importance of building strong relationships with customs officials and proactively addressing potential issues to avoid delays and ensure smooth import processes.

Import Duty Guide Declaring Fees Under Incoterms

Import Duty Guide Declaring Fees Under Incoterms

This article, from the perspective of a data analyst, provides an in-depth analysis of the declaration specifications for the 'Freight' and 'Miscellaneous Charges' columns in import customs declarations under common Incoterms such as CIF, CFR/CPT, FOB/FCA/FAS, and EXW. Through case studies and customs reminders, it helps companies comply with declarations, reduce tax risks, and improve customs clearance efficiency. The focus is on ensuring accurate and compliant reporting of these charges to avoid potential penalties and streamline the import process.