WCO Aims to Streamline Global Trade Processes

WCO Aims to Streamline Global Trade Processes

The World Customs Organization (WCO) actively participated in the 2023 World Economic Forum, emphasizing the importance of enhancing global trade efficiency through eliminating bureaucratic obstacles, embracing technological innovation, and strengthening international cooperation. WCO Secretary General Dr. Kunio Mikuriya met with various leaders to discuss the role of customs in promoting trade facilitation, aiming to reduce trade costs, promote cross-border investment, and ultimately benefit global consumers. The WCO advocates for streamlined customs procedures and collaborative efforts to foster a more efficient and inclusive global trading system.

WTO Advocates Digital Customs to Ease Ecommerce Trade Barriers

WTO Advocates Digital Customs to Ease Ecommerce Trade Barriers

During the 2016 WTO Public Forum, a joint WCO/AAEI session focused on the role of digital customs in facilitating cross-border e-commerce. Discussions covered e-commerce definitions, customs challenges, platform compliance, national practices, and industry recommendations. The session emphasized building an open, convenient, and secure cross-border e-commerce environment through simplified regulations, enhanced cooperation, technological innovation, and support for SMEs. The goal is to promote global trade prosperity by leveraging digital customs and fostering a more efficient and inclusive e-commerce ecosystem.

US Supply Chain Council Releases Resilience Plan for Global Disruptions

US Supply Chain Council Releases Resilience Plan for Global Disruptions

The U.S. Supply Chain Resilience Council was established to bolster supply chain resilience and address global challenges. Its objectives include protecting jobs, investing in infrastructure, and safeguarding supply chain security. The Council fosters collaboration through platform building, policy advocacy, and public outreach, driving supply chain development. Moving forward, the Council aims to expand its membership, enhance communication efforts, and collaborate with policymakers to collectively tackle emerging challenges. It serves as a crucial forum for industry, government, and other stakeholders to address vulnerabilities and strengthen critical supply chains.

PSA Hainan Port Boost Maritime Supply Chain Efficiency

PSA Hainan Port Boost Maritime Supply Chain Efficiency

The Singapore Port Authority has signed a memorandum of understanding with Hainan Port International to enhance connectivity between Singapore and Yangpu Port. This initiative aims to improve logistics efficiency between South China and Southeast Asia, thereby promoting regional economic growth.

08/07/2025 Logistics
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