Mongolias Customs Reforms Enhance Trade Efficiency

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolian Customs has significantly improved its risk management capabilities under the World Customs Organization (WCO)'s 'Light Touch Intervention' (LTI) project. Through capacity building, strategic upgrades, and standardization, risk management efficiency has increased by 30%, and the physical inspection rate of goods has decreased by 20%. This advancement lays the foundation for a more competitive trade environment in Mongolia, streamlining processes and reducing unnecessary delays for legitimate trade while focusing resources on high-risk areas.

01/05/2026 Customs Knowledge
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WCO Standards Accelerate Global Trade Digitalization

WCO Standards Accelerate Global Trade Digitalization

The Secretary General of the World Customs Organization (WCO) highlighted the crucial role of data and technology in driving the global digital transformation of trade at the ICC Future Trade Forum, introducing relevant WCO initiatives. He advocated for the adoption of the WCO Data Model to promote interoperability of trade standards and explored collaboration opportunities with Singapore Customs, the International Chamber of Commerce, and APEC. The aim is to enhance trade efficiency, security, and inclusivity through standardized data and technological advancements in customs procedures and international trade.

01/05/2026 Customs Knowledge
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Customsbusiness Partnerships Boost Global Trade Efficiency

Customsbusiness Partnerships Boost Global Trade Efficiency

This guide aims to help businesses build effective customs cooperation relationships. It systematically explains how to establish and optimize partnerships with customs through four parts: cooperation philosophy, practical guidelines, best practices, and advanced cooperation, achieving mutual benefit. The guide provides phased practical methods and rich case studies to help companies improve customs clearance efficiency, reduce risks, and ultimately enhance competitiveness. It focuses on building a strong foundation for long-term collaboration and achieving trade facilitation goals through enhanced customs-business partnerships.

01/05/2026 Customs Knowledge
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WCO Mechanism Boosts Global Trade Efficiency

WCO Mechanism Boosts Global Trade Efficiency

The 6th meeting of the World Customs Organization (WCO) Working Group on Performance Measurement successfully concluded, marking significant progress in the development of the WCO Performance Measurement Mechanism (PMM). The meeting finalized the first edition of PMM Key Performance Indicators, advanced the implementation of the data collection platform, and improved the self-assessment and peer review guidelines. These efforts aim to enhance customs efficiency, facilitate trade, and strengthen international cooperation, ultimately contributing positively to global trade development. The PMM will serve as a valuable tool for customs administrations worldwide.

01/05/2026 Customs Knowledge
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SVB Collapse Disrupts Chinajapan Ecommerce Trade

SVB Collapse Disrupts Chinajapan Ecommerce Trade

The Silicon Valley Bank collapse may have limited short-term impact on China-Japan trade and cross-border e-commerce, but long-term vigilance is necessary. Businesses should monitor exchange rate fluctuations, maintain cautious optimism, operate prudently, diversify funding sources, strengthen compliance management, and enhance brand value. By doing so, they can navigate the uncertain market environment and turn potential crises into opportunities. Focusing on resilience and adaptability will be key to mitigating risks and ensuring sustainable growth in the face of global economic shifts.

01/04/2026 Logistics Industry Insights
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Guangzhouvancouver Shipping Lane Expands Chinacanada Trade

Guangzhouvancouver Shipping Lane Expands Chinacanada Trade

The Guangzhou-Vancouver sea freight line offers a one-stop service including customs clearance and door-to-door delivery, covering major Canadian cities. This line is known for its high cost-effectiveness and stable transit times. It supports the transportation of large items and provides features such as full tracking and dedicated customer service. Operated by Qisheng International Logistics, it supports the transportation of various types of goods, providing strong support for China-Canada trade. The service aims to be reliable and efficient for businesses engaged in importing and exporting between China and Canada.

01/15/2026 Logistics
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Comprehensive Analysis of Shipping Surcharges

Comprehensive Analysis of Shipping Surcharges

This article explores various surcharges in the shipping process, including fuel surcharges and currency depreciation surcharges. These additional fees vary based on market conditions, port status, and cargo characteristics. Understanding their definitions and background aids in optimizing shipping costs and decision-making.

07/18/2025 Logistics Encyclopedia
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SF Express Joins Hands with Tonghua International Inland Port to Launch a New Era in Pharmaceutical Logistics

SF Express Joins Hands with Tonghua International Inland Port to Launch a New Era in Pharmaceutical Logistics

SF Express Group has signed a cooperation agreement with Jilin Tonghua International Inland Port to advance pharmaceutical logistics, cold chain delivery, and warehouse management services. The partnership aims to leverage Tonghua's geographical advantages and abundant pharmaceutical resources. Operations are expected to launch within two weeks, contributing to Tonghua's goal of becoming 'China's Pharmaceutical City'.

07/23/2025 Logistics
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Goma An Energetic Port City of The Democratic Republic of The Congo and An International Transport Hub

Goma An Energetic Port City of The Democratic Republic of The Congo and An International Transport Hub

Goma is a port city in the Democratic Republic of the Congo, located on the northern shore of Lake Kivu, adjacent to Gisenyi in Rwanda. As the capital of North Kivu Province, Goma International Airport connects both domestic and international destinations, and its convenient transportation network has facilitated the city's development and tourism exchange.

07/24/2025 Port Encyclopedia
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