Global Authorities Crack Down on Crossborder Tax Evasion

Global Authorities Crack Down on Crossborder Tax Evasion

This paper emphasizes the importance of customs-tax cooperation, analyzing intelligence sharing and joint enforcement mechanisms. The aim is to enhance fiscal revenue, safeguard the trade environment, and promote economic development. Effective collaboration between customs and tax authorities is crucial for combating illicit financial flows, preventing tax evasion, and ensuring fair trade practices. This collaborative approach strengthens border security, improves risk management, and ultimately contributes to a more stable and prosperous economy. The paper highlights the benefits of a coordinated strategy in addressing complex challenges in international trade and taxation.

Global Customs Body Firms Partner on Disruptive Tech

Global Customs Body Firms Partner on Disruptive Tech

The 44th meeting of the World Customs Organization (WCO) Private Sector Consultative Group (PSCG) focused on the impact of disruptive technologies on the customs environment. It emphasized strengthening customs-private sector cooperation to address cross-border e-commerce challenges, piloting information exchange, and establishing regional organizations. Discussions covered topics such as combating counterfeit goods, global connectivity, the WCO Academy, and trade platforms. The meeting aimed to promote trade facilitation and sustainable economic development by addressing the evolving landscape and fostering collaboration between customs authorities and the private sector.

WCO Backs Ghana Customs Modernization Plan

WCO Backs Ghana Customs Modernization Plan

The World Customs Organization (WCO), through the WACAM project, assessed and optimized the 2015-2017 strategic plan of the Customs Division of the Ghana Revenue Authority (GRA). This initiative aimed to enhance customs modernization in Ghana, enabling it to better adapt to the international trade environment and safeguard national economic development. The focus was on strategic plan compliance, modernization reforms, capacity building, and improving the monitoring and evaluation unit, along with internal project management capabilities. The project sought to improve GRA's overall effectiveness and efficiency in customs operations.

China Calls for WTO Reform at Davos Meeting

China Calls for WTO Reform at Davos Meeting

At the WTO mini-ministerial meeting, China's representative Li Chenggang emphasized the urgency of WTO reform and proposed a pragmatic Chinese approach, including formulating a reform plan, incorporating the Investment Facilitation Agreement, and extending e-commerce tariff exemptions. Participants affirmed the WTO's role and supported reform. China's active participation aims to reshape the future of multilateral trade and promote global economic development. The proposals highlight China's commitment to a more efficient and inclusive global trading system. The focus is on practical solutions and cooperation to revitalize the WTO.

Singapore Strengthens Ties with China to Boost Exhibition Hub Status

Singapore Strengthens Ties with China to Boost Exhibition Hub Status

Singapore and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding to deepen cooperation in international exhibitions and MICE events. The collaboration will focus on bringing Chinese exhibitions to Singapore, jointly promoting key sectors such as advanced manufacturing and clean energy, and exploring the green and digital transformation of the MICE industry. The aim is to establish Singapore as a new hub for international exhibitions and promote regional economic development. This partnership signifies a strong commitment to fostering trade and innovation between the two nations.

Vladivostok Emerges As Key Hub for Eurasian Logistics

Vladivostok Emerges As Key Hub for Eurasian Logistics

The 9th Asia-Europe Logistics Forum will be held in Beijing in September, focusing on the new opportunities presented by the Port of Vladivostok as a domestic trade transit port. The forum will explore how China-Europe, China-Central Asia, and China-Russia railway express services can leverage Far East ports to achieve sea-rail combined transport, optimize the Asia-Europe trade pattern, and promote regional economic development. This presents new business opportunities for domestic enterprises by improving logistics efficiency and access to new markets through the Far East corridor.

02/03/2026 Logistics
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Prologis US Interior Dept Discuss Energydriven Supply Chain AI Growth

Prologis US Interior Dept Discuss Energydriven Supply Chain AI Growth

Prologis discussed the importance of energy to supply chains and AI with the U.S. Secretary of the Interior, emphasizing energy reliability and diversification. The discussion highlighted the significance of a stable energy supply for the smooth functioning of supply chains and the development of AI technologies. Prologis expressed support for domestic energy self-sufficiency and AI innovation, recognizing the critical role of a secure and diverse energy portfolio in fostering technological advancement and economic resilience. The meeting underscores the interconnectedness of energy policy, technological innovation, and supply chain security.

Xinjiang Tashkent Partner to Expand Chinese Firms in Central Asia

Xinjiang Tashkent Partner to Expand Chinese Firms in Central Asia

Xinjiang's Makit County and Akto County signed a friendly city cooperation agreement with Tashkent Region of Uzbekistan, aiming to provide a foothold for Chinese enterprises to expand into the Central Asian market. By building a cross-border service platform and establishing a two-way linkage mechanism, the agreement addresses challenges faced by companies going abroad and promotes long-term coordinated development between Xinjiang and Tashkent Region in industries, talent, and other fields. This collaboration facilitates smoother market access and strengthens economic ties between the two regions, fostering mutual growth and prosperity.

Burundi Customs Enhances African Trade with WCO Backing

Burundi Customs Enhances African Trade with WCO Backing

With support from the WCO and the EU, the Burundi Revenue Authority held a national workshop on customs laboratories and the Harmonized System classification of chemical products. The aim is to establish its own laboratory to improve tax collection efficiency, strengthen social and environmental protection, and promote trade facilitation. Guided by WCO experts and through learning technical standards, Burundi Customs is committed to building a first-class customs laboratory, contributing significantly to Burundi's economic development. This initiative is crucial for modernizing customs operations and ensuring compliance with international standards.

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.