Gambia Revenue Authority Enhances Trade Via WCO Partnership

Gambia Revenue Authority Enhances Trade Via WCO Partnership

The Gambia Revenue Authority (GRA) is collaborating with the World Customs Organization (WCO) to enhance its national performance measurement system through the implementation of the WCO Performance Measurement Mechanism (PMM), better serving its 2025-2029 strategic plan. This collaboration focuses on trade facilitation measures, such as the AEO program, coordinated border management, and automation, aiming to create a more efficient, transparent, and predictable trading environment, ultimately fostering economic development in The Gambia.

02/12/2026 Customs Knowledge
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Sierra Leone Modernizes Tax System to Increase Revenue

Sierra Leone Modernizes Tax System to Increase Revenue

With support from the World Customs Organization (WCO), the National Revenue Authority (NRA) of Sierra Leone has initiated a modernization upgrade of its human resource system. This project aims to build a scientific, standardized, and efficient human resource management system by introducing a competency-based HRM approach. The goal is to cultivate a high-quality, professional tax workforce, providing a strong impetus for national tax revenue and economic development. This upgrade focuses on improving talent and skills within the NRA to enhance its overall capacity.

02/12/2026 Customs Knowledge
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Mauritius Revenue Authority Boosts Leadership Via WCO Program

Mauritius Revenue Authority Boosts Leadership Via WCO Program

The World Customs Organization (WCO), with the support of the India Customs Cooperation Fund, conducted a Leadership and Management Development (LMD) workshop for the Mauritius Revenue Authority (MRA). The workshop aimed to enhance the leadership and management skills of MRA managers and optimize the leadership culture. Emphasis was placed on self-awareness, team building, and people management. Participants provided positive feedback. The MRA expressed gratitude to the WCO and the Government of India for their support and plans to further develop its leadership culture.

02/12/2026 Customs Knowledge
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Pinduoduo Pivots from GMV to Ad Revenue Growth

Pinduoduo Pivots from GMV to Ad Revenue Growth

Pinduoduo's financial report sparks deep thinking about its business model. This analysis highlights the limitations of GMV as an e-commerce valuation metric, suggesting Pinduoduo is transforming into a 'Toutiao' based on product flow, achieving growth through a 'traffic + advertising' model. Continuous investment in marketing aims to attract new users and increase stickiness, while technology R&D and product iteration are crucial for long-term growth. Pinduoduo's future lies in becoming a new social e-commerce platform powered by AI algorithms.

02/11/2026 Logistics Industry Insights
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US Sanctions Four Chinese Firms for Iran Oil Trade

US Sanctions Four Chinese Firms for Iran Oil Trade

The recent developments in U.S. sanctions against Iran have raised new concerns, as four Chinese shipping companies were added to the sanctions list for alleged illegal oil trading, facing severe penalties that affect the global shipping market. The international community has expressed concerns over America's unilateral sanctions and is calling for dialogue to resolve the issues.

08/04/2025 Logistics
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Crude Oil and Tanker Stocks Show Diverging Market Trends

Crude Oil and Tanker Stocks Show Diverging Market Trends

At the beginning of 2025, the global tanker market faces uncertainty, with marked divergence in the performance of crude and product oil tanker stocks. Product oil tankers are pressured by an increase in new vessel deliveries and a slowdown in demand growth, while crude oil tankers show a more positive outlook due to recovering demand and turbulence in the international market.

05/12/2025 Logistics Industry Insights
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Oil Tanker Trade Shifts Amid Sanctions Energy Market Changes

Oil Tanker Trade Shifts Amid Sanctions Energy Market Changes

The sanctions imposed by the U.S. and EU on Russian and Iranian oil and gas are reshaping the global tanker market. The aim of the sanctions is to weaken oil revenues, and while it is important to be cautious of short-term supply chain fluctuations, overall market gaps can be filled by other Middle Eastern countries. Additionally, the growing demand for second-hand vessels may help alleviate pressure on declining asset prices.

07/31/2025 Logistics Industry Insights
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Tunisias Skhirra Oil Hub Faces Scrutiny Amid Export Challenges

Tunisias Skhirra Oil Hub Faces Scrutiny Amid Export Challenges

La Skhira Port, located in Tunisia's Sfax Governorate, is a key oil transportation hub primarily utilizing barge operations. This article provides a detailed overview of the port's geographical location, operational regulations, vessel restrictions, logistical services, and loading/unloading facilities, highlighting its significant role in North African oil transport. It serves as an important node for the movement of petroleum products within the region, facilitating efficient transfer and distribution through its specialized infrastructure and strategic positioning.

09/29/2025 Port Encyclopedia
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Gamba Port Emerges As West Africas Key Oil Hub

Gamba Port Emerges As West Africas Key Oil Hub

Gamba Port, located in Gabon, is a crucial hub for oil transportation in West Africa. As a barge port, it operates 24/7 and boasts efficient tanker berths. With a maximum loading rate of 2700 cubic meters per hour, it plays a significant role in the local economic development. Its strategic location and operational capabilities make it a vital asset for the region's oil industry and maritime trade.

09/29/2025 Port Encyclopedia
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