WCO Backs Cape Verde in Landmark Customs Efficiency Study

WCO Backs Cape Verde in Landmark Customs Efficiency Study

The World Customs Organization (WCO), through the WACAM project, supported the Cape Verde Customs Administration (CVCA) in conducting its first Time Release Study (TRS) to improve clearance efficiency and optimize trade processes. The workshop brought together stakeholders to develop an action plan, assisting Cape Verde in fulfilling the World Trade Organization's Trade Facilitation Agreement, improving the business environment, and promoting economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline customs procedures and reduce release times.

02/03/2026 Customs Knowledge
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Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

The WCO's GTFP assists the NBR in Bangladesh to optimize trade processes and improve efficiency. Through Time Release Studies (TRS) and workshops, it enhances transparency and risk management, fostering economic development. The TRS identifies bottlenecks and areas for improvement in customs procedures. By streamlining these processes, the GTFP contributes to faster clearance times, reduced costs for businesses, and increased trade competitiveness for Bangladesh. The focus on data-driven analysis and collaborative problem-solving ensures sustainable and impactful reforms.

02/03/2026 Customs Knowledge
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Uschina Tariff Truce Offers Ecommerce Sellers New Opportunities

Uschina Tariff Truce Offers Ecommerce Sellers New Opportunities

The 90-day delay in US-China tariffs provides a window of opportunity for cross-border e-commerce businesses. Sellers should seize this time to diversify risks, expand into multiple markets, and leverage tools like E-Cang ERP to improve management efficiency. This proactive approach will help them navigate future tariff changes and achieve sustainable growth. Focusing on risk mitigation and operational optimization during this period is crucial for long-term success in the face of evolving trade policies.

02/03/2026 Customs Knowledge
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Yiwu to Malaysia Air Freight Times Explained

Yiwu to Malaysia Air Freight Times Explained

This article analyzes the factors affecting air freight transit time from Yiwu to Malaysia, including flight schedules, customs clearance, weather conditions, cargo type, and warehouse congestion. It points out that the typical air freight duration is 3-5 business days. The article also reminds readers to pay attention to special circumstances such as peak seasons, customs inspections, and force majeure events. Finally, it recommends choosing reputable logistics companies to ensure efficient and reliable air freight services.

02/03/2026 Logistics
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China Customs Guide Aims to Streamline EU Shipment Clearance

China Customs Guide Aims to Streamline EU Shipment Clearance

This paper delves into the differences in customs clearance time for European sea freight arriving at major Chinese ports (Shanghai, Ningbo-Zhoushan, Shenzhen, Tianjin, and Qingdao). It explores key factors influencing clearance speed and proposes strategies to optimize customs efficiency. The aim is to assist businesses in selecting the appropriate port, improving clearance efficiency, and reducing logistics costs. The analysis focuses on understanding the nuances of each port's processes and identifying areas for improvement in the overall supply chain.

02/03/2026 Logistics
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Yantian Port Reopens Amid Holiday Supply Chain Challenges

Yantian Port Reopens Amid Holiday Supply Chain Challenges

Yantian Port has reopened, but clearing the backlog of cargo will take time. This article analyzes the impact of the Yantian Port disruption on the global supply chain and provides practical strategies for managing congestion and preparing for the peak holiday season. These strategies include booking in advance, being flexible with transportation modes, and enhancing communication. Furthermore, the article explores long-term strategies for businesses to build a more resilient supply chain to mitigate future disruptions.

02/04/2026 Logistics
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Euro Weakens As EURUSD Breaks Key Support Level

Euro Weakens As EURUSD Breaks Key Support Level

EUR/USD broke below the 200-hour moving average for the first time since July, signaling increased bearish momentum. This analysis examines key support and resistance levels, explores the influence of fundamental factors, and provides corresponding trading strategies. It emphasizes the importance of risk management, reminding traders to enter the market cautiously. The breakdown suggests a potential shift in market sentiment, warranting close observation of price action and economic data releases to inform trading decisions and manage potential losses.

02/04/2026 Exchange Rate Query
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Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs is committed to creating a convenient port clearance environment through deepening reforms and innovative measures, actively promoting the transformation and upgrading of foreign trade. The introduction of the 'dual-screen machine' and 'online reservation inspection platform' has effectively improved clearance transparency and efficiency, significantly reducing time costs for enterprises in the Free Trade Zone and fostering positive interactions between customs and businesses. In the future, Xiamen Customs plans to launch a mobile client to provide mobile clearance services.

07/21/2025 Logistics
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Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

The Philippines will launch a National Time Release Study (TRS) in 2025 to enhance the efficiency of customs clearance for maritime imports and exports. Spanning two weeks, the study will focus on the Manila International Container Port and has received support from the World Customs Organization and HM Revenue and Customs of the UK. The final report is expected to be completed by the end of the year, providing a basis for subsequent reforms aimed at promoting trade facilitation and enhancing national competitiveness.

07/28/2025 Logistics
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Streamline Global Trade Launches Forex and Export Tax Refund Platform

Streamline Global Trade Launches Forex and Export Tax Refund Platform

This paper introduces the concepts of forward and reverse exchange in foreign exchange receipt and payment, emphasizing the importance of providing one-stop foreign exchange receipt and payment and export tax rebate services for foreign trade enterprises. This service aims to help companies simplify processes, save time and effort, and focus on core business development through a professional team, efficient processes, and compliance guarantees. It streamlines operations and allows businesses to concentrate on growth, ensuring a seamless and compliant experience in international trade.

08/21/2025 International Settlement
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