WCO Certification Boosts Global Trade Efficiency

WCO Certification Boosts Global Trade Efficiency

The World Customs Organization (WCO) successfully held a TRS pre-accreditation workshop in Zambia, aiming to cultivate experts in customs clearance acceleration and help companies build efficient supply chains. By accurately identifying bottlenecks, optimizing business processes, and improving compliance levels, TRS certification can significantly reduce operating costs and enhance customer satisfaction. It is a key for companies to stand out in global trade.

WTO Advocates Digital Customs to Ease Ecommerce Trade Barriers

WTO Advocates Digital Customs to Ease Ecommerce Trade Barriers

During the 2016 WTO Public Forum, a joint WCO/AAEI session focused on the role of digital customs in facilitating cross-border e-commerce. Discussions covered e-commerce definitions, customs challenges, platform compliance, national practices, and industry recommendations. The session emphasized building an open, convenient, and secure cross-border e-commerce environment through simplified regulations, enhanced cooperation, technological innovation, and support for SMEs. The goal is to promote global trade prosperity by leveraging digital customs and fostering a more efficient and inclusive e-commerce ecosystem.

EU WCO Enhance African Trade Via Customs Initiative

EU WCO Enhance African Trade Via Customs Initiative

The EU-WCO Africa Programme conference was held in Mauritius, assessing achievements and planning for the future. The conference focused on customs, rules of origin, and regional cooperation, aiming to promote trade prosperity in Africa. Key discussions revolved around enhancing customs efficiency, simplifying trade procedures, and fostering collaboration among African nations. The goal is to unlock the continent's trade potential and contribute to sustainable economic growth through improved customs practices and stronger regional partnerships. The meeting served as a platform for sharing best practices and identifying areas for further development.

Latin America Enhances Trade with WCOSECO Pact

Latin America Enhances Trade with WCOSECO Pact

The WCO participated in a trade facilitation conference in Latin America, sharing experiences, assessing performance, and promoting digitalization. The meeting highlighted the importance of political will and cooperation for successful trade facilitation initiatives. The WCO emphasized its continued support for Latin American countries in their efforts to streamline trade processes and enhance regional economic integration. The WCO-SECO partnership plays a key role in providing technical assistance and capacity building in the region. The focus remains on implementing best practices and leveraging technology to reduce trade barriers.

WCO and IDB Collaborate to Boost Latin American Trade Efficiency

WCO and IDB Collaborate to Boost Latin American Trade Efficiency

The World Customs Organization (WCO) participated in a policy dialogue organized by the Inter-American Development Bank (IDB), focusing on trade facilitation in Latin America. The WCO shared its expertise in areas such as Single Windows and Authorized Economic Operators (AEO), and presented the Mercator Program. The event brought together various stakeholders to discuss the implementation and cooperation of trade facilitation measures. The dialogue emphasized the importance of streamlined procedures and collaborative efforts to enhance trade efficiency and economic growth within the Latin American region.

HS Code Overhaul 233 Changes to Impact Industries

HS Code Overhaul 233 Changes to Impact Industries

The World Customs Organization (WCO) has released significant revisions to the HS Code, encompassing 233 changes across various sectors including agriculture, chemicals, and machinery. Businesses must closely monitor these changes, adjusting product classifications and declaration strategies. Optimizing logistics processes and enhancing international competitiveness are crucial. Staying informed about WCO updates is essential to anticipate future revisions and maintain compliance. Proactive adaptation to these changes will minimize disruptions and ensure smooth international trade operations.

WCOJICA Enhances Customs Valuation Training in Southern Africa

WCOJICA Enhances Customs Valuation Training in Southern Africa

The second phase of the WCO and JICA's Southern African Customs Valuation Training Program has concluded. The program aimed to develop trainers and enhance regional customs valuation capabilities. Recommendations include strengthening follow-up support and fostering regional cooperation to sustain the program's impact and build upon the progress achieved in improving customs valuation practices within the region.

Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in hosting a Time Release Study (TRS) workshop to enhance trade facilitation. Through expert guidance, practical exercises, and action plan development, Gambia aims to establish a trade facilitation baseline, improve its business environment, and comply with the WTO Trade Facilitation Agreement. The TRS will precisely identify customs clearance bottlenecks, optimize processes, reduce costs, and enhance business competitiveness.

WCO Workshop in Xiamen Enhances Trade Efficiency Via Time Release Study

WCO Workshop in Xiamen Enhances Trade Efficiency Via Time Release Study

The WCO held a TRS expert workshop in Xiamen to cultivate TRS experts and improve cross-border trade efficiency. Certified participants will support WCO's TRS missions, promoting global trade facilitation. The workshop aimed to enhance understanding and application of TRS methodologies, enabling customs administrations to identify bottlenecks and improve clearance times. This initiative contributes to streamlining trade processes, reducing costs, and fostering economic growth by optimizing customs procedures and enhancing overall trade facilitation measures worldwide. The training ensures a standardized approach to TRS implementation.

Comoros Seeks Trade Growth Via Wcobacked Customs Reform

Comoros Seeks Trade Growth Via Wcobacked Customs Reform

The World Customs Organization (WCO) supports Comoros in acceding to the Revised Kyoto Convention (RKC). Through technical assistance and capacity building, the WCO aims to help Comoros simplify customs procedures, improve trade efficiency, attract foreign investment, and ultimately achieve economic growth. The government of Comoros has pledged its full support and strives to meet the accession requirements by June 2019, opening itself to the world.