WCO Stresses Talent Development to Boost Global Economy

WCO Stresses Talent Development to Boost Global Economy

The WCO emphasized the crucial role of customs talent development in economic growth at a Paris seminar. Participants shared experiences and called for sustained investment in customs training and capacity building. The seminar highlighted how skilled customs officials contribute to efficient trade facilitation, revenue collection, and border security, ultimately fostering economic development. The WCO urged member administrations to prioritize customs training programs to enhance their effectiveness and contribute to national economic prosperity. Continuous investment in human capital is key to modernizing customs administrations and achieving sustainable economic growth.

12/30/2025 Customs Knowledge
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WTO WCO Boost Sustainable Development Via Trade Facilitation

WTO WCO Boost Sustainable Development Via Trade Facilitation

The WCO Headquarters hosted a GTFP Peer Exchange Seminar, bringing together representatives from 14 countries to discuss the sustainability of trade facilitation measures. The meeting emphasized experience sharing, addressing challenges, exploring key areas, and highlighting the latest WCO developments. The aim was to promote global trade facilitation, enhance customs efficiency, and contribute to global economic prosperity. Discussions focused on practical implementation strategies and long-term impact assessment to ensure the enduring benefits of trade facilitation initiatives.

01/05/2026 Customs Knowledge
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UN Unveils Data Strategy to Boost Sustainable Development

UN Unveils Data Strategy to Boost Sustainable Development

The United Nations Data Strategy aims to build a “UN-wide” data ecosystem, empowering decision-making and supporting sustainable development by enhancing data analysis and management capabilities. The strategy emphasizes talent development, partnerships, data governance, and technology application. It actively promotes data sharing and international cooperation to address the challenges of the data age. The goal is to leverage data effectively to achieve the Sustainable Development Goals and improve the overall effectiveness of the UN's work.

01/16/2026 Logistics Industry Insights
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US Bill Proposes Tax Credit for Short Line Railroad Upgrades

US Bill Proposes Tax Credit for Short Line Railroad Upgrades

The American Short Line and Regional Railroad Association (ASLRRA) welcomes the bipartisan Senate bill aimed at updating the short line railroad tax credit. This legislation seeks to modernize short line railroad infrastructure, support regional economic growth, and improve freight fluidity by adjusting the credit cap, expanding eligibility, and introducing inflation indexing. These changes will incentivize investment in critical infrastructure upgrades, allowing short lines to better serve their customers and contribute to the overall economic health of the communities they serve. The updated tax credit is crucial for maintaining and improving the nation's short line rail network.

01/20/2026 Logistics
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