New Zealand Customs Boosts Global Trade Security with AEO Program

New Zealand Customs Boosts Global Trade Security with AEO Program

This paper delves into New Zealand Customs' strategies and practices concerning Authorized Economic Operators (AEO) and risk management. It specifically analyzes the operational mechanisms of its 'Secure Export Scheme' (SES) and the concrete steps involved in its risk management approach. By summarizing the New Zealand experience, this study offers valuable insights for other countries in building secure and efficient global trade supply chains. The analysis of SES and risk management techniques provides a practical understanding of how New Zealand Customs ensures trade security while facilitating legitimate trade.

01/19/2026 Customs Knowledge
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South Africa Nigeria Strengthen Trade Ties Under Afcfta

South Africa Nigeria Strengthen Trade Ties Under Afcfta

Supported by the WCO's Accelerate Trade Facilitation Programme, the South African Revenue Service (SARS) and the Nigeria Customs Service (NCS) successfully conducted an experience exchange focusing on post-clearance audit, Authorized Economic Operator (AEO), and risk management. The aim was to enhance the NCS's risk management capabilities, promote trade compliance, and contribute to the prosperity of the African Continental Free Trade Area (AfCFTA). This collaboration underscores the importance of customs cooperation in facilitating trade and strengthening regional economic integration through improved risk assessment and streamlined procedures.

01/20/2026 Customs Knowledge
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Guide to Key International Trade Terms FOB CIF CFR

Guide to Key International Trade Terms FOB CIF CFR

The choice of FOB, CIF, and CFR impacts trade risks and costs. Businesses should comprehensively consider risk control, cost structure, and market factors to develop differentiated strategies. Selecting the appropriate Incoterm requires a careful evaluation of the exporter's risk tolerance and the importer's needs. Understanding the specific responsibilities and liabilities associated with each term is crucial for mitigating potential disputes and ensuring a smooth transaction. A tailored approach based on individual circumstances is essential for optimizing both cost and risk management in international trade.

02/06/2026 Logistics Encyclopedia
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Aviation Industry Adopts Iatas SIRM Hub for Enhanced Safety

Aviation Industry Adopts Iatas SIRM Hub for Enhanced Safety

The IATA's Safety Risk Information Management (SIRM) program is a treasure trove of knowledge for aviation safety risk management. Through regular meetings, case sharing, and lessons learned, SIRM provides the aviation industry with a platform for continuous learning and improvement. This paper delves into SIRM bulletins and presentations, exploring how to leverage SIRM knowledge to enhance aviation safety levels and collectively create a safer aviation environment. It highlights the importance of proactive risk management and knowledge sharing within the industry to mitigate potential hazards and improve overall safety performance.

01/20/2026 Logistics Industry Insights
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