Revised Kyoto Convention Aims to Streamline Global Trade Customs

Revised Kyoto Convention Aims to Streamline Global Trade Customs

The World Customs Organization (WCO) is promoting a comprehensive revision of the Revised Kyoto Convention (RKC) to simplify and harmonize customs procedures across countries. The 7th RKC Review Working Group meeting established a 'four-step framework' for the revision process and discussed revisions to rules of origin. The RKC revision presents both opportunities and challenges for import and export companies. Businesses should closely monitor progress, actively participate, and adapt to the new trade environment. This adaptation is crucial for maintaining competitiveness in the global market.

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

WCO Initiative Enhances Trade Efficiency in Central Asia Caucasus

The World Customs Organization (WCO) held a Time Release Study (TRS) workshop for the Central Asia and Caucasus region in Georgia, aiming to improve regional trade efficiency. Through theoretical learning, field visits, and technical training, participants gained in-depth knowledge of the TRS methodology and developed national action plans. The WCO is committed to promoting connectivity across the Trans-Caspian Corridor, injecting new vitality into regional economic development. The workshop emphasized the importance of streamlined customs procedures for boosting trade along the Central Asia Corridor.

Philippines Boosts Trade with Wcobacked AEO Program

Philippines Boosts Trade with Wcobacked AEO Program

The World Customs Organization (WCO) is assisting the Bureau of Customs (BOC) in the Philippines to enhance its Authorized Economic Operator (AEO) program. Through capacity building missions and practical exercises, the initiative aims to improve BOC officials' skills in verifying AEO security standards. This effort seeks to promote trade facilitation in the Philippines, foster a better business environment, and support its cooperation within ASEAN. Further in-depth training will be provided to refine the AEO system, injecting new momentum into the Philippines' trade development.

Trump Tariffs Strain Global Trade Especially With Canada

Trump Tariffs Strain Global Trade Especially With Canada

The Trump administration recently adjusted tariff policies regarding Canada and other trade partners, significantly increasing import tariff rates for most countries and imposing new regulations on low-value goods. This series of policies aims to protect the U.S. market and reassess the global trade landscape through taxation measures.

08/01/2025 Logistics
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Streamlining Bonded Goods Declarations for Trade Efficiency

Streamlining Bonded Goods Declarations for Trade Efficiency

This article introduces the importance of the manifest for goods under bond and temporary import/export, emphasizing its role as the basis for customs supervision. It briefly outlines the relevant procedures for customs declaration and inspection of temporarily imported goods. The article suggests seeking professional customs brokerage services to improve customs clearance efficiency.

Algeria Studies Dutch Customs Labs to Enhance African Trade

Algeria Studies Dutch Customs Labs to Enhance African Trade

Algerian customs experts visited the Netherlands to study customs laboratories, aiming to learn advanced practices for building a modern laboratory in their country. This visit is part of the EU-World Customs Organization HS-Africa project, which focuses on improving customs management and promoting trade facilitation in Africa. The study tour covered laboratory design, technical equipment, workflow, and tariff classification. The insights gained will provide valuable references for the construction of the Algerian customs laboratory.

US Air Freight Vs Express Delivery Customs Clearance Explained

US Air Freight Vs Express Delivery Customs Clearance Explained

Air freight customs clearance and express customs clearance in the U.S. have distinct characteristics regarding the entities involved, processes, timelines, responsibilities, and applicable scenarios. Air freight customs clearance is more suitable for bulk cargo, while express customs clearance is better for small packages and urgent shipments. The choice should be evaluated based on specific needs.

Temu Sellers Adapt As Free Shipping Ends

Temu Sellers Adapt As Free Shipping Ends

Temu's platform policy adjustments may end the free shipping bonus, creating new cost pressures for merchants. This article delves into Temu's VMI and JIT operation models, analyzing the impact of the new regulations on sellers. It also provides coping strategies for different types of sellers, helping them achieve sustainable development on the Temu platform. The new rules will likely require sellers to optimize their supply chains and pricing strategies to remain competitive. Understanding these changes is crucial for success on Temu.

Tiktok Shop Narrows Focus to Niche Product Categories

Tiktok Shop Narrows Focus to Niche Product Categories

TikTok Shop's tightened category control signals a shift towards detailed operations. Sellers must focus on vertical categories, deeply cultivating products and services to adapt to the new regulations and enhance store competitiveness. This article provides a detailed interpretation of the key points of the new policy to help sellers transform and thrive in the evolving TikTok Shop landscape. Focusing on a niche and providing excellent service are now crucial for success.

Key Points Analysis of General Trade Export Customs Declaration at Beijing Airport

Key Points Analysis of General Trade Export Customs Declaration at Beijing Airport

The Beijing Airport Customs is implementing a paperless customs clearance process, requiring strict adherence to ensure that declared information matches actual goods to minimize compliance risks. During exports, all necessary documents, including customs declaration drafts, declaration elements, and proforma invoices, must be complete, and brand authorizations must be authentic and valid to avoid being penalized by customs.