ASEAN AEO Certification Boosts Smes in Global Trade

ASEAN AEO Certification Boosts Smes in Global Trade

A joint report by the World Customs Organization, World Trade Organization, and International Chamber of Commerce highlights the importance of optimizing AEO programs to lower barriers for SMEs, provide differentiated services, enhance promotion, and strengthen international cooperation. This aims to empower SMEs, achieve more inclusive global trade growth, and shares practical experiences from both businesses and customs administrations. The report emphasizes streamlining processes and offering tailored support to facilitate SME participation in global trade through the AEO framework.

01/30/2026 Customs Knowledge
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WCO Establishes Global Ecommerce Trade Standards

WCO Establishes Global Ecommerce Trade Standards

The World Customs Organization (WCO) E-Commerce Working Group has finalized a comprehensive e-commerce package. This aims to promote the standardization, efficiency, and sustainability of global cross-border e-commerce through a standardized framework, technical specifications, and implementation strategies. The package covers various aspects, including terminology definitions, technical specifications, and tax collection. Following review by various committees, it is expected to be promoted and implemented globally, facilitating trade and harmonizing practices in the rapidly growing e-commerce sector.

01/30/2026 Customs Knowledge
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WCO JICA Boost Customs Revenue in Pacific Islands

WCO JICA Boost Customs Revenue in Pacific Islands

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), launched the Pacific Islands Customs "Professional Mentoring Framework" (PMF) to enhance customs modernization in the region. A preparatory meeting identified customs valuation and commodity classification as priority areas. The project's success hinges on accurate needs assessments, practical training content, diverse training methods, scientific impact evaluation, and ensuring sustainability. The PMF aims to build capacity and improve tax administration through effective mentorship and targeted training programs.

02/02/2026 Customs Knowledge
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WCO Reforms Global Trade Rules for Crossborder Ecommerce

WCO Reforms Global Trade Rules for Crossborder Ecommerce

The World Customs Organization (WCO) has issued guidelines to regulate cross-border e-commerce, covering data management, risk control, facilitation, security, tax collection, data analysis, partnerships, and legal frameworks. These guidelines aim to promote trade facilitation, ensure security, effectively collect customs duties, and provide a clear framework for global trade. They address the challenges of the digital economy and foster the sustainable development of cross-border e-commerce, ultimately creating a more efficient and secure global trading environment.

02/03/2026 Customs Knowledge
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Ivory Coast Customs Modernizes Operations with ROCB Assistance

Ivory Coast Customs Modernizes Operations with ROCB Assistance

The West and Central Africa Capacity Building Office has assisted Côte d'Ivoire Customs in making progress in human resources and project management. By developing a job directory, competency framework, and job descriptions, and by introducing project cycle management and results-based management principles, it has laid the foundation for the modernization of Côte d'Ivoire Customs. The two parties will continue to collaborate to refine relevant tools and methods and develop action plans to consolidate the achievements made.

02/03/2026 Customs Knowledge
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IATA Simplifies Bank Updates to Speed Up Airline Refunds

IATA Simplifies Bank Updates to Speed Up Airline Refunds

This document guides IATA users on how to easily change bank account information for negative remittances. Users can access the bank beneficiary form via the provided link, complete it, and submit it to update their account details. This ensures smooth and timely negative remittance processing, preventing unnecessary delays or failures. The process outlined helps maintain accurate account information, facilitating efficient financial transactions within the IATA framework. Proper completion and submission of the form are crucial for successful account updates.

02/03/2026 International Settlement
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US Maritime Market Key Insights on FMC Licensing

US Maritime Market Key Insights on FMC Licensing

This article provides a detailed analysis of the key steps for non-US companies seeking FMC (Federal Maritime Commission) licensing to enter the US-China shipping market. It covers essential aspects such as obtaining an FMC license, providing financial security, and tariff filing. The article emphasizes the importance of compliant operation within the regulatory framework governing ocean transportation between the US and China. Understanding and adhering to these regulations is crucial for successful and sustainable participation in this significant trade lane.

08/21/2025 Logistics Encyclopedia
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Freight Shippers Rarely Receive Full Cargo Compensation Study Finds

Freight Shippers Rarely Receive Full Cargo Compensation Study Finds

Full compensation for damaged or lost goods during freight transport is not always legally justified. The law clearly defines the responsibilities, rights, and obligations of shippers, freight forwarders, and carriers. Carrier liability is typically capped, based on weight rather than the value of the goods. All parties should reasonably share risks within the legal framework to maintain the healthy development of the industry and achieve a win-win situation. This approach ensures fairness and promotes sustainable practices in freight transportation.

08/21/2025 Logistics Encyclopedia
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New Guide Simplifies Crossregional FCL Customs Clearance

New Guide Simplifies Crossregional FCL Customs Clearance

This paper focuses on the integrated regional customs clearance operation for full container load (FCL) cargo. It analyzes key aspects such as declaration model selection, electronic port declaration, and associated record filing, aiming to provide practical guidance for enterprises. The goal is to help improve customs clearance efficiency and reduce operating costs. The paper emphasizes the need for companies to adapt to policy changes and strengthen collaboration with relevant parties to ensure smooth and efficient customs procedures within the regional integration framework.

08/22/2025 Customs Knowledge
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Customs Bonded Policies Simplified for Logistics Firms

Customs Bonded Policies Simplified for Logistics Firms

This article provides an in-depth analysis of the definitions, scope, and application scenarios of bonded processing goods and bonded logistics goods. Through comparative analysis, it helps companies understand the differences between the two and provides practical advice on effectively utilizing bonded policies. This aims to assist companies in reducing operating costs and enhancing their international competitiveness. The paper explores how businesses can leverage these customs regimes to optimize their supply chains and improve profitability within the framework of current regulations.

09/26/2025 Customs Knowledge
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