WCO WTO Train Trade Committee Chairs to Boost Global Commerce

WCO WTO Train Trade Committee Chairs to Boost Global Commerce

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), empowers National Trade Facilitation Committee (NTFC) Chairs through capacity building, enhancing their understanding and implementation of the Trade Facilitation Agreement (TFA). The WCO's Mercator Program and related tools are highlighted within the curriculum, aiming to assist countries in improving trade efficiency. This multi-stakeholder cooperation model provides an effective pathway for global trade facilitation.

Gambia Revenue Authority Reforms Management with WCO Backing

Gambia Revenue Authority Reforms Management with WCO Backing

The Gambia Revenue Authority (GRA), with WCO support, has initiated strategic management reforms aimed at enhancing project management capabilities and optimizing the strategic monitoring and evaluation system. Through this collaboration, the GRA is expected to significantly improve the implementation of its corporate strategic plan. This initiative also aims to serve as a model for other African tax administrations seeking to strengthen their strategic management frameworks and improve overall organizational performance. The focus is on building internal capacity and creating a more effective and accountable tax system.

Cape Verde Enhances Trade Efficiency with WCO Support

Cape Verde Enhances Trade Efficiency with WCO Support

The World Customs Organization (WCO), through the WCO-WACAM project, supports Cape Verde in conducting a Time Release Study (TRS) to optimize customs efficiency, attract foreign investment, and comply with the WTO Trade Facilitation Agreement. The forthcoming report is expected to streamline procedures, enhance port infrastructure, and strengthen inter-agency collaboration. This initiative aims to facilitate Cape Verde's integration into the global economy by improving trade competitiveness and reducing trade barriers. The study's findings will provide actionable recommendations for enhancing the overall customs clearance process.

WCO Global Alliance Enhance Disaster Relief in Madagascar

WCO Global Alliance Enhance Disaster Relief in Madagascar

The World Customs Organization (WCO), in collaboration with the Global Alliance for Trade Facilitation and Columbia University's National Center for Disaster Preparedness (NCDP), is supporting Madagascar in enhancing its disaster response capabilities. Through workshops, process optimization, and capacity building, the project aims to improve the efficiency of customs and related agencies in clearing essential goods during emergencies. This initiative seeks to build a more resilient trade system in Madagascar and provide valuable lessons for other countries facing similar challenges.

Kenyas AEO Program Enhances Trade with WCO Backing

Kenyas AEO Program Enhances Trade with WCO Backing

With Sida's support, the WCO conducted AEO training for Kenya Customs, promoting cross-border cooperation and trade facilitation. The training recommended strengthening policy coordination and risk management to foster mutual recognition cooperation. This initiative aims to enhance the efficiency and security of the supply chain, benefiting both Kenya and its trading partners by streamlining customs procedures and reducing trade barriers. The focus on AEO implementation contributes to a more predictable and reliable trading environment.

WCO Updates SAFE Framework to Boost Global Trade Security

WCO Updates SAFE Framework to Boost Global Trade Security

The 28th WCO SAFE Working Group meeting focused on the implementation monitoring and review of the SAFE Framework, emphasizing data strategy and green customs initiatives. The work plan was revised to align with the WCO strategic cycle. Companies should deeply understand the AEO system, strengthen internal compliance management, actively participate in industry exchanges, leverage technology to improve efficiency, and pay attention to green trade to seize the opportunities brought by the SAFE Framework. This includes understanding benefits, obligations, and best practices for successful AEO participation.

Wcos SAFE Framework Enhances Global Supply Chain Security

Wcos SAFE Framework Enhances Global Supply Chain Security

The World Customs Organization (WCO) SAFE Conference reviewed the implementation of the SAFE Framework and planned for future development. The conference focused on data strategies, green customs, capacity building, and border coordination. The aim is to build a secure and efficient global trade system. Discussions centered on enhancing supply chain security, promoting trade facilitation, and leveraging data to improve customs operations. The conference emphasized the importance of international collaboration and innovation in addressing emerging challenges and opportunities in global trade.

US Adopts WCO Data Model to Simplify Global Trade

US Adopts WCO Data Model to Simplify Global Trade

The United States is accelerating the development of its national Single Window, the ITDS, to simplify import and export processes and improve efficiency. The US also encourages the global adoption of the WCO Data Model to facilitate international trade data exchange. This initiative aims to streamline procedures, reduce costs, and enhance transparency in cross-border transactions. By promoting standardized data exchange, the US seeks to foster greater collaboration and interoperability among trading partners worldwide, ultimately boosting international trade and economic growth.

Burundi Enhances Trade with Wcos Kyoto Convention Update

Burundi Enhances Trade with Wcos Kyoto Convention Update

The WCO assisted Burundi in acceding to the RKC Agreement, streamlining customs procedures and enhancing trade efficiency. This simplification aims to improve the business environment and promote economic development within Burundi. By adopting the RKC standards, Burundi is working towards faster and more predictable customs clearance, ultimately reducing trade costs and attracting foreign investment. This initiative is expected to contribute significantly to Burundi's integration into the global trading system and foster sustainable economic growth.

Bahamas Customs Boosts Trade Efficiency with WCO Study

Bahamas Customs Boosts Trade Efficiency with WCO Study

With the support of the World Customs Organization (WCO), Bahamas Customs has launched its first Time Release Study (TRS). This initiative aims to quantify the time taken at each stage of the customs clearance process, identify bottlenecks, and optimize procedures. The goal is to improve customs efficiency, reduce trade costs, enhance the business environment, and prepare for accession to the World Trade Organization (WTO). The WCO provides technical assistance and training to help Bahamas Customs modernize and promote trade facilitation.