Sudan Initiates Customs Study to Enhance Trade Efficiency

Sudan Initiates Customs Study to Enhance Trade Efficiency

Sudan Customs, in collaboration with the World Customs Organization, launched a National Time Release Study (TRS) in 2015 to improve customs clearance efficiency and optimize the trade environment. Through workshops, representatives analyzed Sudan's current customs clearance processes and developed a roadmap for action. The implementation of the TRS is expected to identify bottlenecks, streamline procedures, reduce operational costs for businesses, and enhance trade competitiveness, injecting new vitality into Sudan's economic development.

01/07/2026 Customs Knowledge
Read More
World Customs Organization Boosts Gender Equality in East and Southern Africa

World Customs Organization Boosts Gender Equality in East and Southern Africa

The World Customs Organization (WCO), through Phase II of the Finland-East and Southern Africa Project, is helping customs administrations in the region enhance their gender equality capabilities. This includes providing tools, organizing training, and promoting cooperation. Workshops focused on gender mainstreaming, sharing practical examples, and developing guidelines for regional development. The WCO will continue to support national customs agencies in building a more equitable, inclusive, and efficient working environment.

01/20/2026 Customs Knowledge
Read More
US Retail Sales Growth Slows in May Amid Consumer Spending Concerns

US Retail Sales Growth Slows in May Amid Consumer Spending Concerns

US retail sales edged down 0.3% month-over-month in May, but remained up 8.1% year-over-year. The National Retail Federation (NRF)'s core retail sales, excluding automobiles, were flat month-over-month and up 6.7% year-over-year. The data indicates a slowdown in retail growth, but the overall consumer trend remains upward. It is necessary to pay attention to the impact of future policies and economic conditions.

01/20/2026 Logistics Industry Insights
Read More
Guatemala Introduces IBAN for International Banking

Guatemala Introduces IBAN for International Banking

This article provides a detailed explanation of the International Bank Account Number (IBAN), including its concept, format, and significance. It uses a case study as an illustrative example of its formatting. Additionally, the article outlines how to obtain an IBAN and highlights its role in international remittances, helping you to transfer funds efficiently and securely.

08/18/2025 International Settlement
Read More
Tips for Seamless International Money Transfers to France

Tips for Seamless International Money Transfers to France

This article explains how to make international remittances to France using SOCIETE GENERALE bank as an example. It discusses the significance of SWIFT codes, reasons for reduced remittance amounts, processing times, and payment methods. The article also advises users to pay attention to branch matching and consult professional assistance to ensure the security of funds.

08/11/2025 International Settlement
Read More
Banco GNB Sudameris SWIFT Code Eases International Transfers

Banco GNB Sudameris SWIFT Code Eases International Transfers

This article provides a detailed analysis of BANCO GNB SUDAMERIS's SWIFT/BIC code, explaining the components of the bank code, country, location, and branch code. It highlights key points to consider when making international remittances, aiming to help readers avoid common errors and delays associated with international money transfers, ensuring that funds are received smoothly.

08/26/2025 International Settlement
Read More