WCO Boosts Global Trade with Enhanced Facilitation Measures

WCO Boosts Global Trade with Enhanced Facilitation Measures

The 8th meeting of the World Customs Organization (WCO) Working Group on Trade Facilitation Agreement (TFA) was held in Brussels, focusing on the implementation of the TFA and international cooperation. The meeting highlighted the WCO's crucial role in TFA implementation, discussed topics such as the establishment of National Trade Facilitation Committees and Coordinated Border Management, and promoted the TFA Implementation Guide. The meeting also elected the new chair and vice-chair, and looked forward to future work. The emphasis was on practical steps and collaborative efforts to streamline trade processes globally.

01/05/2026 Customs Knowledge
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Bahamas Strengthens Customs Tariffs to Increase Revenue

Bahamas Strengthens Customs Tariffs to Increase Revenue

The World Customs Organization (WCO) held a national workshop in the Bahamas on the Harmonized System (HS) to enhance the Bahamas Customs' capacity in tariff classification. The workshop covered the theory and practice of HS coding, emphasizing the application of the General Rules for Interpretation and focusing on issues such as the classification of parts. Through talent development and the Mercator Program, it aims to facilitate trade in the Bahamas. The workshop also explored the relationship between HS code optimization and tax revenue growth from a data analysis perspective.

01/26/2026 Customs Knowledge
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East Coast Port Strike Threatens Supply Chain White House Urged to Act

East Coast Port Strike Threatens Supply Chain White House Urged to Act

177 trade associations, led by the National Retail Federation (NRF), have urgently appealed to the White House to intervene in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert a potential port strike on October 1st. The article analyzes the potential impact of the strike on the supply chain and the economy, emphasizing the crucial role of the White House in facilitating a labor agreement. It calls on all parties to reach an agreement as soon as possible to ensure the continuity of port operations.

02/12/2026 Logistics
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Philippines Launches Study to Streamline Cargo Boost Trade

Philippines Launches Study to Streamline Cargo Boost Trade

The Philippines has launched a National Time Release Study (TRS) to identify bottlenecks in trade processes through data-driven analysis. The goal is to implement targeted reforms to improve trade efficiency, reduce costs, and enhance global competitiveness. This project is a collaboration between the Bureau of Customs (BOC) and the World Customs Organization (WCO), with support from Her Majesty's Revenue and Customs (HMRC). The final report is expected to be released by the end of 2025. The TRS aims to streamline goods release and contribute to the growth of the Philippine economy.

02/12/2026 Customs Knowledge
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Chinese Firms Seek Media Strategies in Latin America

Chinese Firms Seek Media Strategies in Latin America

This article delves into how Chinese companies can accurately connect with South American media resources to tap into the Latin American market. It analyzes the strategic significance and communication value of the South American market, provides an overview of major national media outlets in Brazil, Argentina, and other countries, and proposes key elements for successful press releases. The value of professional agencies is emphasized, aiming to help companies overcome challenges in overseas communication and achieve their business goals. This provides a roadmap for effective media engagement in South America.

02/03/2026 Logistics Industry Insights
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Sierra Leone Enhances Tax Collection with HR Modernization

Sierra Leone Enhances Tax Collection with HR Modernization

The National Revenue Authority (NRA) of Sierra Leone, in collaboration with the World Customs Organization (WCO), has launched a modernization project of its human resources system. This initiative aims to build a competency-based HRM system to improve recruitment, performance management, training, compensation, and employee relations. The goal is to inject talent and drive into the nation's economic development by strengthening the NRA's human capital. This comprehensive reform seeks to ensure a skilled and motivated workforce capable of effectively managing the country's revenue collection and contributing to sustainable economic growth.

01/26/2026 Customs Knowledge
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Prologis US Interior Secretary Push AI for Energysecure Supply Chains

Prologis US Interior Secretary Push AI for Energysecure Supply Chains

Prologis and the U.S. Secretary of the Interior discussed the future of supply chains, AI, and energy at the Groundbreakers event. Emphasizing the importance of energy security, Prologis is actively transforming into an infrastructure company, leveraging all energy sources. The National Energy Abundance Coalition is dedicated to accelerating the energy transition, addressing energy bottlenecks, and winning the AI race. Prologis views energy as a critical enabler and is exploring new opportunities for data center construction in population centers. They see energy as a key factor for future growth and innovation.

01/30/2026 Logistics Industry Insights
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Algerias Hassi Messaoud Airport Expands As Key Oil Hub Gateway

Algerias Hassi Messaoud Airport Expands As Key Oil Hub Gateway

Hassi Messaoud Oued Irara Airport is a crucial aviation hub in Hassi Messaoud, a major oil town in eastern Algeria. Named after an Algerian national hero, the airport operates domestic passenger and cargo routes, serving the local energy industry. It provides significant support for the economic development of Hassi Messaoud and is expected to further expand in the future. It serves as a vital link for personnel and equipment related to the oil and gas sector, facilitating access to the remote desert region.

09/26/2025 Airport Codes
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Port Hercule Monacos Premier Luxury Maritime Hub

Port Hercule Monacos Premier Luxury Maritime Hub

Port Hercule, located in La Condamine, Monaco, serves as a vital maritime gateway connecting Monaco to the world, primarily focusing on passenger traffic. The port offers 24-hour services, including fuel supply and medical assistance, and houses several national consulates. While commercial activities are limited, Port Hercule plays an indispensable role in the development of tourism in Monaco, providing access for cruise ships and ferries bringing visitors to the principality. Its strategic location and comprehensive services make it a key asset for Monaco.

09/29/2025 Port Encyclopedia
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WCO Revises Trade Rules to Enhance WTO Pact Compliance

WCO Revises Trade Rules to Enhance WTO Pact Compliance

The World Customs Organization (WCO) has updated its 'Implementation Guidance on Trade Facilitation,' integrating the latest tools and member practices to enhance the implementation of the WTO's Trade Facilitation Agreement (TFA). The new guidance covers areas such as transparency, customs-business cooperation, advance rulings, Authorized Economic Operator (AEO), border management, single window, customs brokers, transit, Globally Networked Customs, and National Trade Facilitation Committees. It provides more practical and comprehensive guidance for global trade facilitation, aiming to streamline processes and reduce trade costs.

01/05/2026 Customs Knowledge
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