WTO Pact Gains Global Support to Boost Trade in Developing Nations

WTO Pact Gains Global Support to Boost Trade in Developing Nations

To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.

Kathmandus Trade Reliance on Distant Seaports Grows

Kathmandus Trade Reliance on Distant Seaports Grows

Kathmandu, the capital of Nepal, is a landlocked city deeply connected to maritime trade. Goods are primarily transshipped through ports in neighboring India. Nepal is actively seeking diversified transportation solutions to improve trade efficiency. Although not a port city, Kathmandu's economic lifeline is inextricably linked to maritime transport. The city's development hinges on efficient access to global markets via sea routes, highlighting the importance of regional cooperation and infrastructure development for landlocked nations.

Samoa Enhances Trade Efficiency with Customs Workshop

Samoa Enhances Trade Efficiency with Customs Workshop

The World Customs Organization successfully held a TRS (Time Release Study) workshop in Samoa, supporting the country in optimizing customs procedures and improving trade efficiency. The workshop brought together representatives from various sectors to discuss the TRS methodology in depth and develop a national action plan. This initiative will promote trade facilitation in Samoa, enhance its international competitiveness, and provide a reference for other developing countries. The implementation of TRS aims to streamline processes and reduce clearance times, ultimately benefiting Samoa's economy.

WCO Backs Ethiopias Customs Modernization with Talent Assessment

WCO Backs Ethiopias Customs Modernization with Talent Assessment

WCO assists Ethiopian Customs in improving human resource management, promoting modernization. Experts recommend optimizing recruitment, training, and performance evaluation, providing a reference for developing countries. The focus is on building a skilled and motivated workforce to support customs reforms and enhance operational efficiency. This initiative aims to strengthen Ethiopia's capacity to effectively manage its borders and facilitate trade, ultimately contributing to economic growth and regional integration. The recommendations offer practical guidance for other developing countries seeking to modernize their customs administrations.

WCO Fellowship Program Boosts Customs Modernization in Developing Nations

WCO Fellowship Program Boosts Customs Modernization in Developing Nations

Participants of the 91st World Customs Organization (WCO) training program have completed the second phase of their training. This program aims to enhance the capabilities of customs officials from developing countries and promote the modernization of their respective national customs administrations. The participants attended leadership workshops at the WCO headquarters and had exchanges with the Secretary-General. They are currently undertaking study visits in China, Japan, or Korea.

Rwanda Boosts Trade Compliance with WTO Customs Pact

Rwanda Boosts Trade Compliance with WTO Customs Pact

Rwanda is actively strengthening customs cooperation within the WTO framework. By developing a cross-border agency procedures manual, it promotes compliance and collaboration, enhancing information exchange and declaration data verification. This initiative aims to improve trade efficiency and compliance levels, serving as a reference for other developing countries. The efforts focus on streamlining border processes and fostering a more transparent and efficient trade environment through enhanced cooperation and data sharing amongst relevant agencies.