WCO Updates SAFE Framework to Boost Global Trade Security

WCO Updates SAFE Framework to Boost Global Trade Security

The 28th WCO SAFE Working Group meeting focused on the implementation monitoring and review of the SAFE Framework, emphasizing data strategy and green customs initiatives. The work plan was revised to align with the WCO strategic cycle. Companies should deeply understand the AEO system, strengthen internal compliance management, actively participate in industry exchanges, leverage technology to improve efficiency, and pay attention to green trade to seize the opportunities brought by the SAFE Framework. This includes understanding benefits, obligations, and best practices for successful AEO participation.

Togo Boosts Customs Skills with WCO Training

Togo Boosts Customs Skills with WCO Training

The World Customs Organization (WCO) conducted a workshop in Lomé to assist the Togolese Revenue Office (OTR) in rebuilding its customs valuation function. Through diagnostic assessments and practical training, Togolese customs officials gained a better understanding of WTO valuation rules and WCO practices. This initiative aimed to enhance their capacity in customs valuation control and management, laying the foundation for an efficient and transparent customs valuation system in Togo. The workshop focused on improving skills and knowledge related to valuation procedures and international standards.

Lesotho Enhances Tax Efficiency with Wcobacked Training

Lesotho Enhances Tax Efficiency with Wcobacked Training

The Lesotho Revenue Authority, with the support of the World Customs Organization (WCO), successfully held a workshop on "Competency-Based Human Resource Management" through the "Human Resource Management Competency Building - WCO-UNCTAD Cooperation Project." This initiative aimed to enhance the professional skills of the human capital management team and representatives from various departments. The goal is to build a scientific and rational human resource management system, create an efficient and ethical tax workforce, and provide a solid guarantee for the economic and social development of Lesotho.

Uzbekistan Boosts Customs Audits with International Support

Uzbekistan Boosts Customs Audits with International Support

Uzbekistan Customs is actively building a post-clearance audit system within the World Customs Organization framework, drawing on international experience to enhance regulatory efficiency and improve the business environment. Through virtual study exchanges with German Customs, they are learning advanced methods and technologies. With recommendations from WCO experts, Uzbekistan Customs has made significant strides in building its post-clearance audit capabilities, injecting new momentum into trade facilitation in Central Asia. This progress contributes to a more efficient and transparent trade environment in the region.

NCR Enhances Supply Chain with Endtoend Cost Visibility

NCR Enhances Supply Chain with Endtoend Cost Visibility

NCR Corporation successfully reduced the cost of goods sold and inventory levels, achieving supply chain transformation by building robust landed cost analysis capabilities. Their phased implementation approach, along with efforts in data collection, system integration, and continuous optimization, provides valuable experience for other companies. This approach helps businesses more effectively manage their supply chains and improve operational efficiency. By focusing on understanding and controlling all costs associated with bringing goods to market, NCR streamlined its operations and improved profitability, offering a model for others seeking similar improvements.

Guide to Selecting Overseas Warehouses for Crossborder Ecommerce

Guide to Selecting Overseas Warehouses for Crossborder Ecommerce

Cross-border e-commerce sellers should be wary of low-price traps when choosing overseas warehouses and focus on cost transparency. An intelligent warehouse management system is crucial for efficiency. Service capabilities are reflected in response speed and value-added services. Compliance is the bottom line. Long-term value lies in strategic partnerships. Grasping these five core standards will help sellers succeed in the global market. Selecting the right overseas warehouse is a critical decision that impacts cost, efficiency, and customer satisfaction in cross-border e-commerce.

Amazon Sellers Guide to Accounting and Profit Growth

Amazon Sellers Guide to Accounting and Profit Growth

This article provides an in-depth analysis of Amazon's financial system, covering aspects like the funds pool model, settlement cycles, fee structures, and tax compliance. It addresses frequently asked questions in a Q&A format and offers recommendations for improving capital efficiency and compliance levels. The aim is to help Amazon sellers better understand and manage their finances, ultimately achieving profitable growth in their businesses. It delves into the intricacies of managing finances within the Amazon ecosystem, providing actionable insights for sellers to optimize their financial operations.

Nigeria Customs Boosts Antismuggling Via Wcos INAMA Initiative

Nigeria Customs Boosts Antismuggling Via Wcos INAMA Initiative

The World Customs Organization's INAMA project supports the Nigeria Customs Service in enhancing its capacity to combat the illegal wildlife trade. Through diagnostic assessments and implementation guidance, the project assists Nigeria Customs in establishing a sound risk management system, developing risk profiles, and improving operational capabilities. International cooperation and information sharing will build a global anti-smuggling network to jointly protect endangered species. This initiative strengthens Nigeria's ability to identify and intercept illegal shipments, contributing to the global effort to preserve biodiversity and combat wildlife crime.

Malawis Customs Talent Strategy Wins World Praise

Malawis Customs Talent Strategy Wins World Praise

The World Customs Organization (WCO) successfully assessed the talent development foundation of the Malawi Revenue Authority (MRA), aiming to help build a stronger human resource system to address the challenges posed by the WTO Trade Facilitation Agreement. The assessment covered key areas such as strategic orientation, capacity building, and training systems. A national e-learning platform was also launched to support the MRA in enhancing customs professional capabilities. This initiative is crucial for Malawi to effectively implement trade facilitation measures and improve its overall customs efficiency.

Gambia Advances Tax Reform with WCO to Boost West African Standards

Gambia Advances Tax Reform with WCO to Boost West African Standards

With the support of the WCO, the Gambia Revenue Authority (GRA) has initiated strategic management reforms aimed at enhancing organizational project management capabilities and strategic monitoring and evaluation frameworks. This collaboration aims to position the GRA as a strategic management role model in West Africa, ultimately increasing fiscal revenue and promoting economic development. The reforms focus on building internal capacity and establishing robust mechanisms for tracking progress and ensuring accountability in achieving strategic objectives. The expected outcome is a more efficient and effective revenue collection system.