Mongolia Enhances Customs Audits with Wcobacked System

Mongolia Enhances Customs Audits with Wcobacked System

The World Customs Organization (WCO) is assisting Mongolian Customs in building an effective Post Clearance Audit (PCA) system to enhance regulatory efficiency, increase revenue collection, and promote trade facilitation. Through diagnostic missions and workshops, the WCO is tailoring solutions for Mongolian Customs, emphasizing internal process optimization, multi-agency cooperation, and voluntary compliance by businesses. This initiative aims to modernize Mongolian Customs and improve its overall performance in line with international standards, ultimately contributing to a more efficient and transparent trade environment.

01/05/2026 Customs Knowledge
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WCO Enhances Kyrgyzstans Customs with Preruling System

WCO Enhances Kyrgyzstans Customs with Preruling System

The World Customs Organization (WCO) supports the Kyrgyz Republic Customs in developing an advance ruling system to enhance customs valuation efficiency and trade facilitation. Through workshops and capacity building, the WCO assists Kyrgyz Customs in building an efficient, transparent, and reliable advance ruling system. This aims to reduce trade risks for businesses, optimize supply chain management, and improve customs control effectiveness, ultimately promoting global trade facilitation. The system is expected to provide clarity and predictability, leading to smoother customs procedures and reduced delays.

01/05/2026 Customs Knowledge
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Global Customs Experts Address Ecommerce Valuation Hurdles

Global Customs Experts Address Ecommerce Valuation Hurdles

The World Customs Organization's inaugural E-commerce and Customs Valuation Symposium addressed the challenges of valuing cross-border e-commerce goods. Representatives from international organizations, customs administrations, and businesses discussed data acquisition, valuation methodologies, compliance costs, and fraud risks. The symposium emphasized international cooperation, technological innovation, and process simplification to foster a fair, transparent, and efficient cross-border e-commerce environment. The aim is to promote global trade development by addressing valuation complexities and ensuring accurate revenue collection while facilitating legitimate trade flows.

01/05/2026 Customs Knowledge
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Customsbusiness Partnerships Boost Global Trade Efficiency

Customsbusiness Partnerships Boost Global Trade Efficiency

This guide aims to help businesses build effective customs cooperation relationships. It systematically explains how to establish and optimize partnerships with customs through four parts: cooperation philosophy, practical guidelines, best practices, and advanced cooperation, achieving mutual benefit. The guide provides phased practical methods and rich case studies to help companies improve customs clearance efficiency, reduce risks, and ultimately enhance competitiveness. It focuses on building a strong foundation for long-term collaboration and achieving trade facilitation goals through enhanced customs-business partnerships.

01/05/2026 Customs Knowledge
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Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivia Expands Customs AEO Program with Trade Facilitation Support

Bolivian Customs, with WCO support, is upgrading its AEO program. This includes optimizing standards, expanding the program's scope, strengthening risk management and service provision, and promoting mutual recognition arrangements. The aim is to enhance trade facilitation, foster economic growth for businesses, and improve overall customs efficiency. The upgraded AEO program is expected to contribute significantly to Bolivia's trade competitiveness and its integration into the global trading system. The focus is on creating a more secure and predictable trade environment for authorized economic operators.

01/05/2026 Customs Knowledge
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Wcos HS Review Boosts Global Trade Efficiency

Wcos HS Review Boosts Global Trade Efficiency

The World Customs Organization (WCO) highlighted the HS Strategic Review study at the International Federation of Customs Brokers Associations (IFCBA) 30th Anniversary Conference. The review aims to optimize the global system for classifying goods in international trade, addressing changes in the trade environment and technological innovation. The IFCBA actively participated and provided feedback, which the WCO pledged to consider. The HS Strategic Review is expected to reduce compliance costs for businesses, improve customs clearance efficiency, promote trade facilitation, and enhance international competitiveness.

01/05/2026 Customs Knowledge
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Logistics Sector Faces Rising Costs Tight Capacity LMI Report

Logistics Sector Faces Rising Costs Tight Capacity LMI Report

The latest LMI report indicates continued expansion in the logistics industry, but rising costs, warehousing constraints, and trade policy uncertainty pose challenges. High inventory costs, tight warehouse space, and a weak transportation market are observed. Businesses need to closely monitor market dynamics and flexibly adjust their strategies. Despite overall growth, these factors are creating significant headwinds for logistics operations. Addressing these issues will be crucial for maintaining profitability and efficiency in the current economic climate. Careful planning and adaptive approaches are essential.

01/08/2026 Logistics Industry Insights
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Global Airlines Adopt Iatas Streamlined Baggage Strategy

Global Airlines Adopt Iatas Streamlined Baggage Strategy

The IATA Baggage Strategy aims to revolutionize global baggage operations and enhance the passenger experience through standardization, automation, and data-driven approaches. This strategy revolves around three pillars: information exchange, tracking automation, and claim prevention. Through IATA Resolution 753, the Baggage XML project, and consulting services, it helps businesses optimize baggage operations. It also provides related resources and training courses to collectively create a seamless passenger experience. The goal is to minimize baggage mishandling and improve overall efficiency in the baggage handling process.

01/08/2026 Logistics
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Airline Industry Adopts IATA Data Solutions for Efficiency

Airline Industry Adopts IATA Data Solutions for Efficiency

The IATA Passenger Data Solutions provide accurate and reliable passenger data based on actual airline and travel agency ticket booking information. This empowers businesses to precisely forecast market demand, optimize operational strategies, and achieve sustainable growth. IATA offers a variety of data products, training courses, projects, and policies to support the sustainable development of the aviation industry. As a trusted partner, IATA provides valuable insights and resources for informed decision-making, helping airlines navigate the complexities of the market and drive success.

01/08/2026 Logistics Industry Insights
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Canada Post Workers Threaten Strike As Supply Chain Woes Grow

Canada Post Workers Threaten Strike As Supply Chain Woes Grow

Canada Post faces renewed challenges due to a labor dispute. A nationwide overtime ban has caused a sharp decline in parcel volume, highlighting supply chain vulnerabilities. Businesses should adopt diversified logistics strategies to reduce reliance on a single channel. Canada Post needs to actively negotiate with the union to improve operational efficiency and build a more resilient logistics ecosystem. The current situation underscores the need for proactive risk management and alternative delivery solutions to mitigate disruptions and ensure business continuity.

01/08/2026 Logistics
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