WCO Backs Timorleste in Customs Training Strategy Development

WCO Backs Timorleste in Customs Training Strategy Development

The World Customs Organization (WCO) provided technical assistance to Timor-Leste Customs, helping to develop a training strategy and plan for 2017-2019. This initiative aimed to comprehensively enhance the professional skills of customs officers, build a robust internal training center, promote customs modernization, and improve Timor-Leste's trade environment. The project is part of the WCO-Norway Customs Capacity Building Programme, which covers several developing countries and aims to improve their customs administration.

01/05/2026 Customs Knowledge
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WCO Stresses Talent Development to Boost Global Economy

WCO Stresses Talent Development to Boost Global Economy

The WCO emphasized the crucial role of customs talent development in economic growth at a Paris seminar. Participants shared experiences and called for sustained investment in customs training and capacity building. The seminar highlighted how skilled customs officials contribute to efficient trade facilitation, revenue collection, and border security, ultimately fostering economic development. The WCO urged member administrations to prioritize customs training programs to enhance their effectiveness and contribute to national economic prosperity. Continuous investment in human capital is key to modernizing customs administrations and achieving sustainable economic growth.

12/30/2025 Customs Knowledge
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WTO WCO Boost Sustainable Development Via Trade Facilitation

WTO WCO Boost Sustainable Development Via Trade Facilitation

The WCO Headquarters hosted a GTFP Peer Exchange Seminar, bringing together representatives from 14 countries to discuss the sustainability of trade facilitation measures. The meeting emphasized experience sharing, addressing challenges, exploring key areas, and highlighting the latest WCO developments. The aim was to promote global trade facilitation, enhance customs efficiency, and contribute to global economic prosperity. Discussions focused on practical implementation strategies and long-term impact assessment to ensure the enduring benefits of trade facilitation initiatives.

01/05/2026 Customs Knowledge
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WCO Study Targets Trade Efficiency Through Customs Broker Reform

WCO Study Targets Trade Efficiency Through Customs Broker Reform

The World Customs Organization (WCO) published the 'Study Report on Customs Brokers' aiming to improve global customs broker standards. The report outlines the role of brokers in international supply chains, provides policy and organizational recommendations, offers a standardized model inventory, and highlights opportunities for cooperation between customs and brokers. Countries are encouraged to draw on the report to optimize broker management and promote trade facilitation.

01/05/2026 Customs Knowledge
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Bytedance Halts IPO to Prioritize Core Business Growth

Bytedance Halts IPO to Prioritize Core Business Growth

ByteDance's all-hands meeting revealed key information: IPO plans are postponed, focusing on three core businesses: TikTok, e-commerce, and Feishu (Lark). The company emphasizes organizational streamlining and values-based assessments. ByteDance will address market challenges by controlling hiring, optimizing structure, and improving efficiency. The stock option price reduction aims to stabilize employee morale. The company is prioritizing profitability and sustainable growth amidst global economic uncertainties and regulatory pressures.

01/04/2026 Logistics Industry Insights
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Alibabas Lazada Expands to Europe Rivaling Amazon

Alibabas Lazada Expands to Europe Rivaling Amazon

Alibaba's Lazada is actively entering the European e-commerce market, aiming to expand its overseas business and challenge giants like Amazon. Through localized operations, strengthening logistics hubs, and adjusting organizational structure, Lazada hopes to gain a foothold in the competitive European market. It will also collaborate with AliExpress to inject new momentum into Alibaba's performance growth. This move may trigger a new round of reshuffling in the European e-commerce landscape.

01/07/2026 Logistics Industry Insights
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