World Customs Organization Outlines Global Trade Strategy

World Customs Organization Outlines Global Trade Strategy

The World Customs Organization (WCO) is shaping the future of global trade for 2022-2025 through strategic foresight. Leveraging regional workshops, the WCO gathers insights from its members to explore emerging trends, risks, and opportunities. The methodology and key elements of strategic foresight, contributions from the OECD and the EU, and the future global vision and actions are all contributing to shaping the future of customs. This proactive approach aims to equip customs administrations to navigate the evolving landscape of international commerce and ensure effective border management in a dynamic world.

12/30/2025 Customs Knowledge
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Peru Boosts Customs Efficiency with Wcobacked Strategy

Peru Boosts Customs Efficiency with Wcobacked Strategy

The WCO assists Peruvian Customs in strategic planning, enhancing efficiency and services, and optimizing the trade environment. Peru's experience offers valuable lessons for developing countries. This collaboration focuses on streamlining customs procedures, reducing trade costs, and improving overall competitiveness. The strategic plan aims to modernize customs operations, promote compliance, and foster a more transparent and predictable trade regime. By implementing best practices and leveraging technology, Peruvian Customs seeks to facilitate legitimate trade while effectively combating illicit activities. The success of this initiative highlights the importance of international cooperation in promoting trade facilitation and economic development.

01/05/2026 Customs Knowledge
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Kohls Streamlines Supply Chain Amid Retail Shifts

Kohls Streamlines Supply Chain Amid Retail Shifts

Kohl's closure of its Ohio e-commerce fulfillment center and subsequent layoffs represent a strategic move to optimize its supply chain and improve operational efficiency. Faced with retail industry transformation, Kohl's is actively addressing challenges by adjusting inventory, investing in its supply chain, and strengthening store fulfillment capabilities, striving to stand out in a competitive market. This strategic adjustment mirrors the broader changes in the retail sector and provides valuable lessons for other companies. It showcases the constant need for adaptation in the face of evolving consumer demands and market pressures.

01/08/2026 Logistics
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