Cuba Fasttracks AEO Program to Boost Trade Security

Cuba Fasttracks AEO Program to Boost Trade Security

Cuba is actively promoting the AEO program to enhance trade facilitation and security. The World Customs Organization (WCO) provides crucial support, conducting workshops to improve Cuban Customs' capacity in AEO certification and mutual recognition arrangements. Cuba plans to fully implement the AEO program by the end of 2019 and actively seeks mutual recognition agreements with other countries. This will significantly improve Cuba's trade competitiveness and promote international trade cooperation.

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

This article analyzes the meanings and practical applications of commonly used terms in charter party contracts: PWWD, SSHINC, and CQD. PWWD refers to 'Per Working Weather Day' and relates to the measurement of loading and unloading time; SSHINC specifies that Saturdays, Sundays, and holidays are included; while CQD represents the customary discharge speed at the port, with associated risks. These terms are crucial for ensuring the smooth operation of voyage charter agreements.

SF Express Franchisees Seek Remedies After Sudden Station Closures

SF Express Franchisees Seek Remedies After Sudden Station Closures

The closure of SF Stations has impacted franchisees. This article provides coping strategies: analyzing the reasons, communicating with headquarters, seeking legal aid, and exploring new opportunities. It emphasizes the importance of contract reading and evidence retention to help franchisees minimize losses, protect their rights, and lay a foundation for future entrepreneurship. Franchisees should understand their rights and responsibilities outlined in their agreements and document all communications and financial transactions related to their SF Station franchise.

Bolivia Enhances Trade Efficiency Through Global Program

Bolivia Enhances Trade Efficiency Through Global Program

The Global Trade Facilitation Programme (GTFP) has been launched in Bolivia to enhance customs modernization through capacity building. Funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the World Customs Organization (WCO), the project covers areas such as risk management, advance rulings, and organizational development. A tripartite Memorandum of Understanding ensures the project's smooth implementation. This initiative aims to help Bolivia better comply with international trade agreements and promote economic development.

Maritime Trade Key Insights on Charter Party Fixture Notes

Maritime Trade Key Insights on Charter Party Fixture Notes

This article provides an in-depth analysis of the key clauses of a Fixture Note, including vessel information, owner details, cargo description, laycan, loading and discharging ports, freight rate, deposit, loading/discharging rate, demurrage, and other relevant matters. It also offers important considerations for signing a Fixture Note, aiming to help readers better understand charter parties, reduce maritime transaction risks, and achieve their shipping objectives. The analysis focuses on practical implications for navigating the complexities of chartering agreements.

Air Freight Shippers Weigh Blocked Space Vs Spot Rates

Air Freight Shippers Weigh Blocked Space Vs Spot Rates

In international air freight, choosing between Block Space Agreements (BSA) and consolidated air freight significantly impacts supply chain efficiency. BSA secures fixed capacity, ideal for large, stable shipments, but carries the risk of unused space. Consolidated air freight offers flexibility for smaller volumes, but prices fluctuate. Companies should weigh the costs and risks of both options based on their cargo characteristics and market dynamics. Consulting with logistics professionals is recommended to develop the optimal transportation strategy.

Ebay Seller Account Purchases Risks and Safety Tips

Ebay Seller Account Purchases Risks and Safety Tips

Purchasing a local eBay store account offers convenience but carries significant risks related to funds, compliance, and reputation. This article delves into these risks and provides mitigation strategies, including verifying information, understanding the account's history, carefully selecting sellers, and signing agreements. These steps help ensure a more secure transaction. Ultimately, compliant registration and brand building are preferable to the inherent risks of buying an existing account. It's better to build a brand than risk everything on a purchased account.

Postal Services Boost Delivery Speed Through Global Customs Partnerships

Postal Services Boost Delivery Speed Through Global Customs Partnerships

The World Customs Organization (WCO) and the Universal Postal Union (UPU) are collaborating to address challenges posed by cross-border e-commerce. This partnership involves strengthening cooperation agreements, holding global conferences, and optimizing customs clearance processes. The aim is to improve customs-postal cooperation, providing global consumers with a more convenient and efficient cross-border shopping experience. Efforts are also focused on building a safer and smarter postal environment, ensuring secure and streamlined international postal services.

EU Boosts Cameroons Customs Classification Skills

EU Boosts Cameroons Customs Classification Skills

The World Customs Organization is assisting Cameroon in implementing its customs modernization program, with funding from the European Union, focusing on enhancing tariff classification capabilities. Through training workshops held in Douala, Cameroonian customs officials learned about the HS coding system, case studies, and trade facilitation agreements. This initiative aims to improve the accuracy of commodity classification, promote regional integration, and foster trade development. The program emphasizes practical application and knowledge transfer to ensure sustainable improvements in customs procedures.

West Africa Launches Electronic Trade Transit System

West Africa Launches Electronic Trade Transit System

Five West African nations are jointly developing an electronic transit system to streamline processes, reduce costs, and improve efficiency, thereby promoting regional economic integration and supporting trade facilitation agreements. This initiative aims to modernize customs procedures and enhance the movement of goods within the region, fostering economic growth and attracting investment. By leveraging technology, the system seeks to overcome existing bottlenecks and create a more predictable and transparent trade environment for businesses operating in West Africa.