US and China Strike Tentative Deal on Tiktoks Future

US and China Strike Tentative Deal on Tiktoks Future

The Ministry of Commerce announced a preliminary framework agreement between China and the US regarding TikTok's US operations. This involves establishing a new joint venture responsible for data security and content management, while ByteDance retains control over commercial operations. China urges the US to provide a fair business environment and promote the stable development of China-US economic and trade relations. This move aims to address US concerns about data security while allowing TikTok to continue operating in the US market under a restructured framework.

01/15/2026 Customs Knowledge
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Cape Verde WCO Launch Trade Efficiency Study

Cape Verde WCO Launch Trade Efficiency Study

With support from the WCO-WACAM project, Cape Verde Customs is preparing its first Time Release Study (TRS) to identify bottlenecks, optimize customs procedures, and enhance trade competitiveness. Through WCO expert workshops and public-private partnership action plans, Cape Verde aims to fulfill the Trade Facilitation Agreement, establishing an efficient and transparent customs system to promote economic development. The TRS will provide valuable data for informed decision-making and targeted reforms, ultimately streamlining the flow of goods and boosting Cape Verde's participation in global trade.

01/20/2026 Customs Knowledge
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Malaysia Customs Enhances Elearning to Train Officers

Malaysia Customs Enhances Elearning to Train Officers

Malaysia Customs has signed a new licensing agreement with the WCO to upgrade its e-learning platform to CLiKC!, aiming to enhance the capabilities of its customs officers. This marks a significant upgrade to Malaysia's customs training system, enabling the localization of WCO courses and customized training content. This initiative will improve training efficiency, reduce costs, and promote knowledge sharing, leading the way in regional customs modernization. The upgraded platform will provide better access to relevant training materials and contribute to the professional development of customs officers.

01/22/2026 Customs Knowledge
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Serbia Enhances Trade Via WCO Mercator Program

Serbia Enhances Trade Via WCO Mercator Program

The World Customs Organization (WCO) successfully completed a Mercator Program assessment of Serbian Customs, marking significant progress in trade facilitation for Serbia. The assessment aimed to understand Serbia's current compliance with the WTO's Trade Facilitation Agreement and develop a tailored action plan. The WCO will provide technical assistance through the PMFE to help Serbia improve its trade facilitation level and promote economic growth. This initiative will support Serbia in streamlining customs procedures and reducing trade costs, ultimately boosting its competitiveness in the global market.

01/26/2026 Customs Knowledge
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New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
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WCO IPPC Align Trade Facilitation with Plant Health Rules

WCO IPPC Align Trade Facilitation with Plant Health Rules

The World Customs Organization (WCO) and the International Plant Protection Convention (IPPC) have signed a cooperation agreement to enhance plant health protection while facilitating trade, addressing the challenges of plant pest and disease spread in global trade. The collaboration will focus on areas such as electronic phytosanitary certificates, e-commerce, sea containers, single windows, information exchange, and advocacy. The goal is to build a global community for plant health security, ensuring safer and more efficient international trade while safeguarding plant resources from harmful pests and diseases.

01/26/2026 Customs Knowledge
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WCO Korea Partner to Enhance Global Customs Platform Clikc

WCO Korea Partner to Enhance Global Customs Platform Clikc

The World Customs Organization (WCO) and the Korea Customs Service (KCS) signed an agreement where KCS will provide funding for the WCO's CLiKC! e-learning platform. This funding will support platform upgrades and enhanced functionalities. The upgraded CLiKC! platform will feature updated course content, optimized technology, and expanded multilingual support. The goal is to enhance the professional skills and knowledge of customs officials worldwide, benefiting supply chains and promoting trade facilitation and compliance. This initiative aims to foster greater efficiency and effectiveness within customs administrations globally.

01/26/2026 Customs Knowledge
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WCO and WTO Partner to Boost Global Trade Efficiency

WCO and WTO Partner to Boost Global Trade Efficiency

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), held an advanced training course in Geneva for chairpersons of National Trade Facilitation Committees from French-speaking countries. The course aimed to enhance their understanding of the Trade Facilitation Agreement (TFA) and improve their communication and collaboration skills with stakeholders. The curriculum was based on WCO's capacity building materials and introduced key tools such as the Mercator Program. Both organizations will continue their collaboration to organize similar courses for Spanish-speaking countries.

01/27/2026 Customs Knowledge
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WCO and WTO Boost Global Trade Facilitation Committees

WCO and WTO Boost Global Trade Facilitation Committees

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), held a high-level course for chairs of National Trade Facilitation Committees. The course aimed to enhance participants' understanding of the Trade Facilitation Agreement and strengthen their ability to engage with stakeholders. The WCO shared its experience in stakeholder consultation and resource mobilization, introducing relevant tools and standards to support countries in establishing and improving their National Trade Facilitation Committees. This collaborative effort contributes to building a more open and efficient global trading system.

01/26/2026 Customs Knowledge
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Forward Air Sues Omni Logistics As Merger Dispute Intensifies

Forward Air Sues Omni Logistics As Merger Dispute Intensifies

The merger between Forward Air and Omni Logistics has stalled, with Forward Air filing a counterclaim seeking to terminate the merger agreement. This analysis examines the risks associated with the deal, proposes response strategies, and emphasizes the importance of data-driven decision-making. It recommends that Forward Air and Omni Logistics engage in negotiations to find a resolution. The dispute highlights potential pitfalls in large-scale mergers and the need for robust risk assessment and mitigation plans. A negotiated settlement could potentially salvage value for both parties.

01/28/2026 Logistics
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