China Calls for WTO Reform at Davos Meeting

China Calls for WTO Reform at Davos Meeting

At the WTO mini-ministerial meeting, China's representative Li Chenggang emphasized the urgency of WTO reform and proposed a pragmatic Chinese approach, including formulating a reform plan, incorporating the Investment Facilitation Agreement, and extending e-commerce tariff exemptions. Participants affirmed the WTO's role and supported reform. China's active participation aims to reshape the future of multilateral trade and promote global economic development. The proposals highlight China's commitment to a more efficient and inclusive global trading system. The focus is on practical solutions and cooperation to revitalize the WTO.

02/03/2026 Customs Knowledge
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South Korea Warns on Won Weakness May Limit Dollar Investments

South Korea Warns on Won Weakness May Limit Dollar Investments

The Bank of Korea's governor warned that the Korean won's depreciation could exacerbate inflation, hinting at potential restrictions on US investments to stabilize the exchange rate. While the central bank held interest rates steady, internal divisions regarding rate cuts exist. The government is set to announce policies related to the US trade agreement and the foreign exchange market, drawing market attention. South Korea's ample dollar reserves provide a buffer against exchange rate risks. The market is closely watching the government's upcoming policy announcements and the central bank's future actions.

02/04/2026 Exchange Rate Query
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Developed Nations Aid Boosts Trade in Developing Countries

Developed Nations Aid Boosts Trade in Developing Countries

The ACP Group's proposal calls for strengthening the Special and Differential Treatment (SDT) provisions within the WTO's Trade Facilitation Agreement. It links trade facilitation commitments by developing countries to development assistance from developed nations, aiming to ensure targeted and transparent aid. This seeks to promote fair, inclusive, and sustainable global trade, helping developing countries enhance their competitiveness. Challenges include aid effectiveness, the risk of misuse, and the need for robust monitoring mechanisms. The proposal ultimately aims to level the playing field in global trade and foster development through targeted support.

02/05/2026 Customs Knowledge
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Namibia Enhances Trade with Wcobacked WTO Deal

Namibia Enhances Trade with Wcobacked WTO Deal

At the request of the Namibian Customs and Excise Department, the World Customs Organization (WCO) conducted a diagnostic support mission focused on the implementation of the WTO Trade Facilitation Agreement. Through extensive consultations with Namibian public and private sectors, the WCO will provide a tailored report with recommendations and collaborate with NCE to develop an implementation plan. This initiative aims to enhance capacity building and international cooperation, ultimately assisting Namibia in achieving trade facilitation and economic growth. The mission highlights the importance of customs cooperation in supporting TFA implementation.

02/06/2026 Customs Knowledge
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Guangzhou Port Hailead Shipping Partner to Strengthen Greater Bay Area Trade

Guangzhou Port Hailead Shipping Partner to Strengthen Greater Bay Area Trade

Guangzhou Port Co., Ltd. and HeSea Marine signed a strategic cooperation agreement to collaborate on shipping routes, supply chain logistics, and green port development. This partnership aims to promote international port and shipping cooperation, injecting new momentum into the Greater Bay Area's connectivity and regional economic and trade cooperation. Both parties will integrate resources to develop end-to-end supply chain logistics products, increase port throughput, reduce logistics costs, and boost regional economic development. The collaboration emphasizes sustainable practices and aims to create a more efficient and environmentally friendly port ecosystem.

02/11/2026 Port Encyclopedia
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Retailers Push White House to Mediate Port Labor Talks

Retailers Push White House to Mediate Port Labor Talks

The National Retail Federation (NRF), along with 177 industry associations, is urging 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 potential port strikes after the contract expires at the end of September. The NRF emphasizes that a strike would be devastating to the economy and urges the White House to facilitate an agreement between the two parties to ensure supply chain stability. They are concerned about the potential economic fallout from any disruptions.

02/12/2026 Logistics
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New IATA AHM 732 Delay Codes Boost Airline Performance Tracking

New IATA AHM 732 Delay Codes Boost Airline Performance Tracking

This webinar focuses on the new IATA AHM 732 delay codes, aiming to equip performance managers, data analysts, and frontline staff with the knowledge to master the new code system. The goal is to improve flight delay data collection and analysis capabilities, ultimately optimizing airport operational efficiency and reducing costs. The webinar will delve into the new code structure, data collection best practices, analysis methods and tools, and share practical case studies to illustrate effective implementation.

12/30/2025 Logistics Industry Insights
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Douyin Sellers Advised to Enhance Service Scores for Better Performance

Douyin Sellers Advised to Enhance Service Scores for Better Performance

This paper addresses the issue of low service experience scores in TikTok Shops and proposes detailed solutions. It focuses on diagnosing the current shop status, accurately identifying key metrics for improvement, and providing effective strategies such as optimizing IM response time and reducing dissatisfaction rates. It also emphasizes important considerations like after-sales service, customer service professionalism, and data monitoring. Furthermore, it highlights methods to improve product and logistics experiences, aiming to help merchants comprehensively enhance their shop's experience score and overcome traffic bottlenecks.

01/07/2026 Logistics Industry Insights
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Amazon Offers 600 Ad Credits to Sellers for Performance Boost

Amazon Offers 600 Ad Credits to Sellers for Performance Boost

Amazon, in partnership with Downstream, is launching an advertising voucher program, offering eligible sellers up to $600. This article details the participation requirements, redemption steps, and usage guidelines to help small and medium-sized sellers reduce advertising costs and improve ad performance. This is a limited-time offer, so eligible sellers should participate as soon as possible to take advantage of the benefits.

01/06/2026 Logistics Industry Insights
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