Pacific Islands Boost Customs Valuation with Expert Program

Pacific Islands Boost Customs Valuation with Expert Program

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly launched the "Master Trainer Programme" to develop customs valuation experts in Pacific Island Countries. This initiative aims to establish a regional training system, enhance customs valuation capabilities, facilitate trade, increase revenue collection, and improve international competitiveness. The first working group activity has been successfully held, laying a solid foundation for future actions.

01/05/2026 Customs Knowledge
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Montenegro Customs Boosts Valuation Skills in WCO Workshop

Montenegro Customs Boosts Valuation Skills in WCO Workshop

The World Customs Organization (WCO) held a workshop on customs valuation for Montenegrin customs officials. The workshop aimed to enhance their professional skills and master the use of valuation databases for risk assessment. Covering the WTO Agreement on Customs Valuation, valuation methods, and practical case studies, the workshop assists Montenegrin customs in better fulfilling their duties, safeguarding national revenue, and ensuring fair trade. The training is expected to improve their ability to accurately assess the value of goods and effectively identify potential risks associated with import and export activities.

01/05/2026 Customs Knowledge
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Burkina Faso Boosts Customs Valuation with WCO Assistance

Burkina Faso Boosts Customs Valuation with WCO Assistance

The World Customs Organization (WCO) provided technical assistance to the Burkina Faso Customs Administration to support the restoration of its autonomous customs valuation function. The first phase assessment has been completed, with the expert team offering recommendations through diagnostic assessments and collaborative dialogue. These recommendations aim to strengthen risk management, implement post-clearance audits, and enhance the capabilities of valuation officers. The ultimate goal is to build an autonomous and efficient customs valuation system for Burkina Faso.

01/05/2026 Customs Knowledge
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Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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Global Customs Tackle Ecommerce Valuation for Smoother Trade

Global Customs Tackle Ecommerce Valuation for Smoother Trade

The World Customs Organization (WCO) held its second seminar on E-Commerce and Customs Valuation, focusing on the valuation challenges in cross-border e-commerce. The event brought together international organizations, customs administrations, and private sector representatives to discuss policies, procedures, and practices. The aim was to address the challenges posed by the dynamic nature of e-commerce trade, facilitate trade, and build a fair and efficient cross-border e-commerce ecosystem. The WCO is actively working to develop a more comprehensive e-commerce valuation system to promote the healthy development of cross-border e-commerce.

01/05/2026 Customs Knowledge
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WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Case Study 14.2 examines the relationship between customs valuation and transfer pricing, based on a Chinese case. It emphasizes cooperation between customs and tax authorities to help enterprises avoid valuation risks and enhance regulatory capabilities. The study highlights the importance of coordinated efforts in addressing the challenges posed by the intersection of these two areas in international trade. This collaboration aims to ensure fair and accurate valuation practices, contributing to a more transparent and efficient global trading system.

01/05/2026 Customs Knowledge
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Burkina Faso Improves Customs Valuation with WCO Support

Burkina Faso Improves Customs Valuation with WCO Support

The Burkina Faso General Directorate of Customs (DGD) sought technical assistance from the World Customs Organization (WCO) to rebuild its autonomous customs valuation capacity. The WCO assisted by conducting a diagnostic assessment of the DGD's existing system and providing recommendations for improvement. This support helped the DGD establish an efficient, transparent, and compliant customs valuation system, enhancing its autonomous regulatory capabilities and promoting national economic development. The assistance focused on strengthening internal expertise and processes related to valuation.

01/26/2026 Customs Knowledge
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WCO Issues Global Guidelines for Uniform Customs Valuation

WCO Issues Global Guidelines for Uniform Customs Valuation

This document provides a unified interpretation of the WTO Valuation Agreement, offering an authoritative reference for customs valuation practices. Compiled by the World Customs Organization (WCO), it aims to facilitate international trade by promoting consistent application of valuation rules and reducing potential trade frictions. The document serves as a valuable resource for customs officials, traders, and anyone involved in cross-border transactions, ensuring a smoother and more transparent valuation process.

01/26/2026 Customs Knowledge
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New Guide Aims to Streamline Customs Valuation Processes

New Guide Aims to Streamline Customs Valuation Processes

This guide aims to help import and export companies understand the customs valuation intelligence exchange mechanism. By clarifying the importing country's customs self-assessment checklist, the golden rules of intelligence exchange, and upgraded measures, it helps businesses mitigate risks, accelerate customs clearance processes, and enhance international trade competitiveness. It provides practical guidance on leveraging intelligence exchange to ensure accurate valuations and avoid potential penalties, ultimately leading to more efficient and compliant trade operations.

01/26/2026 Customs Knowledge
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WCO Upgrades Tool to Improve Customs Valuation Compliance

WCO Upgrades Tool to Improve Customs Valuation Compliance

The World Customs Organization has upgraded its Diagnostic Tool on Tariff Classification, Valuation and Origin. This tool aims to assist national customs administrations in identifying and addressing weaknesses in tariff, valuation, and origin management. By improving management efficiency and reducing trade risks, it ultimately promotes global trade facilitation. The upgraded tool focuses on optimizing the diagnosis of rules of origin and enhancing user-friendliness. The improvements are expected to lead to better compliance and contribute to a more streamlined and predictable international trade environment.

01/26/2026 Customs Knowledge
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