NAFTA Talks in Mexico City Show Signs of Progress

NAFTA Talks in Mexico City Show Signs of Progress

The second round of NAFTA negotiations has drawn significant attention. This analysis examines the positions of the US, Mexico, and Canada, as well as Mexico's strategies and the risk of the US withdrawal. It also looks forward to the potential outcomes of the negotiations and provides recommendations for businesses to navigate the changing landscape. The analysis highlights the key sticking points and potential areas of compromise, offering insights into the future of trade relations within North America and the potential impact on businesses operating in the region.

01/29/2026 Customs Knowledge
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Botswana Boosts Customs Audits with WCO Assistance

Botswana Boosts Customs Audits with WCO Assistance

The World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) workshop for the Botswana Unified Revenue Service (BURS) to enhance its revenue administration capabilities. This activity, part of the Swedish government-funded Sida-WCO TFCM Programme, covered topics like risk management and customs valuation. The workshop aims to assist Botswana in increasing tax revenue, combating smuggling, and promoting trade facilitation and sustainable development. It focuses on strengthening BURS's ability to effectively conduct PCA and improve overall customs control.

01/20/2026 Customs Knowledge
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Businesses Boost Profits Using Weather Data Forecasting

Businesses Boost Profits Using Weather Data Forecasting

More and more companies are realizing that accurate weather forecasts are crucial for improving operational efficiency, reducing costs, and increasing revenue. Weather data has a significant impact on logistics, operating costs, and revenue growth. Businesses should leverage advanced weather analysis tools to integrate weather forecasts with business operations, thereby reducing operating costs, improving efficiency, and achieving revenue growth. Utilizing weather insights allows for better planning and resource allocation, ultimately leading to a more profitable and resilient business.

01/27/2026 Logistics Industry Insights
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China Customs Supports WCO in Global Trade Valuation Standards

China Customs Supports WCO in Global Trade Valuation Standards

The WCO Revenue Package aims to enhance customs revenue collection capabilities of member countries. China Customs actively participates in this initiative, providing valuation control case studies and sharing its experiences. China's customs valuation control system, characterized by comprehensive laws and regulations, advanced risk management techniques, a robust valuation database, and effective inter-departmental collaboration, offers valuable lessons for other nations. This participation underscores China's commitment to supporting global efforts in securing customs revenue and promoting best practices in valuation control.

01/05/2026 Customs Knowledge
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Lesotho Boosts Trade with Enhanced Customs Audits

Lesotho Boosts Trade with Enhanced Customs Audits

A high-level virtual workshop on Post-Clearance Audit was successfully conducted for the Lesotho Revenue Authority under the joint framework of HMRC, WCO, and UNCTAD. The workshop aimed to support developing countries in effectively implementing the WTO Trade Facilitation Agreement. It enhanced the professional skills of Lesotho Revenue Authority officials and fostered cooperation between customs and businesses, contributing to Lesotho's economic development. The training focused on modern PCA techniques and risk management strategies to optimize revenue collection and improve trade compliance.

01/26/2026 Customs Knowledge
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Ebay Seller Guide Navigating Fees and Common Pitfalls

Ebay Seller Guide Navigating Fees and Common Pitfalls

This article provides a detailed explanation of the various costs associated with opening an eBay store, including security deposits, store promotion fees, subscription fees, withdrawal fees, and final value fees. It also offers practical advice on how to reduce costs, helping you avoid common pitfalls and successfully embark on your cross-border e-commerce journey. Learn about hidden fees and strategies for optimizing your budget to maximize profitability on eBay. The guide aims to empower new sellers with the knowledge needed for a smooth and cost-effective start.

01/04/2026 Customs Knowledge
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Ebay Germany Sellers Face Challenges With Returns Process

Ebay Germany Sellers Face Challenges With Returns Process

This article provides a detailed interpretation of eBay Germany's return policy, including the EU Distance Selling Directive's 14-day right of withdrawal and the issue of return shipping costs. It also offers a comprehensive operational guide to the eBay Germany return process, covering how to set up a return policy, handle return requests, and process refunds. Furthermore, it introduces strategies for dealing with return delays, helping sellers better manage return issues and improve the buyer's shopping experience. This ensures a smoother and more satisfactory return process for both parties.

01/06/2026 Logistics Encyclopedia
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Foreign Trade Firms Face Export Tax Refund Filing Challenges

Foreign Trade Firms Face Export Tax Refund Filing Challenges

This article provides a detailed interpretation of the handling process for export tax rebate declaration data errors in foreign trade enterprises. It introduces specific operation steps for withdrawal and re-submission and adjustment declaration for two situations: 'Declaration not reviewed' and 'Tax rebate already processed'. The article also provides the operation path in the e-Tax Bureau, helping enterprises to correct errors in a timely manner and protect their rights. This ensures accurate and efficient processing of export tax rebates, minimizing potential financial losses due to incorrect declarations.

02/05/2026 Customs Knowledge
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Gambia Advances Tax Reform with WCO to Boost West African Standards

Gambia Advances Tax Reform with WCO to Boost West African Standards

With the support of the WCO, the Gambia Revenue Authority (GRA) has initiated strategic management reforms aimed at enhancing organizational project management capabilities and strategic monitoring and evaluation frameworks. This collaboration aims to position the GRA as a strategic management role model in West Africa, ultimately increasing fiscal revenue and promoting economic development. The reforms focus on building internal capacity and establishing robust mechanisms for tracking progress and ensuring accountability in achieving strategic objectives. The expected outcome is a more efficient and effective revenue collection system.

02/03/2026 Customs Knowledge
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