Bolivia Expands Trade Efficiency with SECOWCO AEO Program

Bolivia Expands Trade Efficiency with SECOWCO AEO Program

The World Customs Organization, under the SECO-WCO framework, conducted a follow-up assessment of Bolivia's AEO program, aiming to optimize its effectiveness and sustainability. By revising the AEO program, communication strategy, and capacity-building training, the number of Bolivian AEO companies doubled, strengthening the program. Future recommendations include strengthening government-private sector cooperation, continuous capacity building, and regular performance evaluations to enhance trade security and facilitation. The assessment highlights the importance of ongoing efforts to ensure the AEO program's long-term success and contribution to Bolivia's trade environment.

WCO Reports Palestines Progress in Mercator Trade Program

WCO Reports Palestines Progress in Mercator Trade Program

A World Customs Organization (WCO) assessment reveals Palestine's active participation in the Mercator Programme, which supports the implementation of the Trade Facilitation Agreement and simplifies trade procedures. The Palestinian Customs Administration has benefited significantly in areas such as tariffs and risk management, maintaining close ties with the private sector and neighboring customs administrations. The assessment lays the groundwork for future tailored support, and the WCO will continue to provide assistance to promote Palestinian economic development and regional trade facilitation. This collaboration aims to further streamline customs processes and enhance trade efficiency.

Zimbabwe Boosts Trade Audits with WCO Support

Zimbabwe Boosts Trade Audits with WCO Support

The World Customs Organization (WCO) held a workshop in Zimbabwe to enhance its customs' post-clearance audit (PCA) capabilities, implement the Trade Facilitation Agreement (TFA), and strengthen customs-private sector cooperation. The workshop aimed to improve the effectiveness of PCA processes, ensuring compliance and promoting legitimate trade. By building capacity in PCA, Zimbabwe customs can better manage risks, optimize revenue collection, and contribute to a more efficient and secure trading environment. The event underscored the importance of collaboration between customs administrations and businesses in achieving trade facilitation goals.

WCO Backs Cambodias Trade Reforms to Spur Economic Growth

WCO Backs Cambodias Trade Reforms to Spur Economic Growth

At the invitation of the General Department of Customs and Excise of Cambodia (GDCE), the World Customs Organization (WCO) analyzed challenges in implementing the WTO's Trade Facilitation Agreement (TFA) and assisted in developing a five-year strategic plan. Through in-depth discussions with government and the private sector, the WCO provided guidance for Cambodian customs reform and modernization. The aim is to enhance Cambodia's competitiveness in global trade, promoting economic growth and sustainable development. The cooperation focuses on streamlining procedures and improving efficiency within the Cambodian customs system.

Chens Retail Growth and Brand Expansion Drive Steady Revenue Rise

Chens Retail Growth and Brand Expansion Drive Steady Revenue Rise

This article provides an in-depth analysis of Ruoyuchen's 2021 financial report, examining its revenue growth, business structure, core competitiveness, and profit changes. During the reporting period, the company achieved steady revenue growth, with online e-commerce operation services serving as the primary driver, and its private label business showing initial success. Furthermore, the company increased investment in innovation, R&D, and global supply chain, while actively expanding into emerging channels. Moving forward, Ruoyuchen will continue to strengthen its three core capabilities to solidify its competitive advantages and achieve sustainable development.

Ecommerce Leaders Meet in Hangzhou on Crossborder Growth

Ecommerce Leaders Meet in Hangzhou on Crossborder Growth

LoveAd & Shoptop held a private cross-border e-commerce event in Hangzhou, bringing together seven industry leaders. They shared their successful experiences in areas such as ergonomic chairs in Singapore, B2C independent site transformation, category expansion, technology-driven globalization of home furnishings, technology-enabled one-stop shopping experiences, and the overseas expansion of high-tech products. The event fostered discussions on future trends in cross-border e-commerce and provided valuable insights for Chinese companies looking to expand internationally. The speakers offered practical advice and strategies for navigating the complexities of the global market.

Asiapacific Customs Adopt Digital Tools Under WCO Guidance

Asiapacific Customs Adopt Digital Tools Under WCO Guidance

The WCO Asia-Pacific region launched a workshop on sharing experiences with disruptive technologies, focusing on the application of technologies such as blockchain, AI, and IoT in the customs field. Discussions covered public-private partnerships, data pipelines, and risk management, while emphasizing the role of international standards in achieving interoperability and paperless trade. The workshop provided valuable recommendations for the digital transformation of Asia-Pacific customs, aiming to build a secure, efficient, and intelligent global trade ecosystem. It highlighted the potential of these technologies to revolutionize customs operations and facilitate trade.

Moldova Streamlines Customs to Boost Ecommerce Growth

Moldova Streamlines Customs to Boost Ecommerce Growth

Moldova is actively pursuing customs reform and embracing e-commerce development. In collaboration with the World Customs Organization, Moldova aims to enhance e-commerce trade facilitation by addressing technical, institutional, and legal shortcomings. Specific measures include establishing an e-commerce task force, strengthening risk management capabilities, and deepening public-private partnerships. This initiative will boost Moldova's competitiveness in the global e-commerce market and provide a model for other developing countries. The reforms are intended to streamline processes and reduce barriers to entry for businesses engaged in cross-border e-commerce.

Huawei Veteran to Speak on Growth Strategies at Yantai Forum

Huawei Veteran to Speak on Growth Strategies at Yantai Forum

The Yantai Bohai Bay New Area HR Forum will be held on April 19th. Xing Xianjie, former Vice President of Huawei, will share insights on "Customer-Centric Organizational Growth." The forum includes a free morning summit for executives and HR directors, and an afternoon private founder's meeting (special price 880 RMB/person). The forum aims to help companies understand how to achieve sustainable growth by building a customer-centric operating model through organizational change. It will provide practical strategies and real-world examples for transforming organizations to better serve their customers.

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.