Bahamas Customs Adopts Wcobacked Preruling System to Boost Trade

Bahamas Customs Adopts Wcobacked Preruling System to Boost Trade

The World Customs Organization (WCO) supports the Bahamas in establishing a commodity classification advance ruling system to enhance trade facilitation. Through national workshops and technical assistance, the WCO assists the Bahamas Customs in its modernization efforts, establishing a pre-ruling system to resolve trade disputes, attract foreign investment, and promote economic development. While challenges exist in establishing the advance ruling system, the WCO's support and cooperation will help the Bahamas achieve its trade facilitation goals. This initiative aims to create a more predictable and efficient trade environment for businesses operating in the Bahamas.

01/20/2026 Customs Knowledge
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Costa Rica WCO Collaborate to Enhance Central American Trade

Costa Rica WCO Collaborate to Enhance Central American Trade

Costa Rica's Minister of Foreign Trade met with the WCO Secretary General to discuss trade facilitation, regional integration, and other key issues. Costa Rica emphasized simplifying border procedures, establishing joint border posts, and implementing digital platforms. The WCO recommended establishing a National Trade Facilitation Committee and conducting a Time Release Study. Both parties agreed to strengthen cooperation to improve border management and create a better business environment for companies. The meeting highlighted the commitment to streamline trade processes and promote regional economic growth through enhanced collaboration.

01/20/2026 Customs Knowledge
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Nicaragua Launches AEO Trade Security Pilot with NORAD Support

Nicaragua Launches AEO Trade Security Pilot with NORAD Support

With support from the Norwegian Agency for Development Cooperation (NORAD) and the World Customs Organization (WCO), Nicaraguan Customs launched an Authorized Economic Operator (AEO) pilot program. This initiative aims to optimize customs procedures and enhance trade security and efficiency through capacity building and Time Release Study (TRS). The program seeks to streamline the flow of goods, reduce release times, and contribute to Nicaragua's economic development by fostering a more secure and efficient trading environment. Ultimately, the AEO program is expected to boost international trade and investment.

01/20/2026 Customs Knowledge
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FIATA Advocates Global Trade Facilitation and Supply Chain Resilience

FIATA Advocates Global Trade Facilitation and Supply Chain Resilience

FIATA drives global freight logistics, promoting trade facilitation and resilient supply chains. Through expert collaboration, digitalization, and sustainable development initiatives, FIATA leads the industry forward. It focuses on improving efficiency, reducing barriers to trade, and building robust networks to withstand disruptions. By advocating for best practices and fostering innovation, FIATA empowers its members to navigate the complexities of the global marketplace and contribute to a more connected and sustainable future for international trade.

01/20/2026 Logistics Industry Insights
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Indonesia Boosts Global Trade with New WCO Customs Centers

Indonesia Boosts Global Trade with New WCO Customs Centers

The World Customs Organization (WCO) and Indonesian Customs have signed a Memorandum of Understanding to establish a regional training center and a regional customs laboratory in Indonesia. This initiative aims to enhance the professional skills of regional customs personnel and improve commodity inspection capabilities. It will also help combat counterfeit goods, promote trade facilitation, and strengthen regional cooperation to address the challenges posed by the pandemic. This collaboration is expected to inject new vitality into the healthy development of global trade.

01/20/2026 Customs Knowledge
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Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

The Swiss SECO, in collaboration with the WCO, has launched the "Global Trade Facilitation Programme" with an investment of 5.5 million Swiss francs. This initiative aims to enhance trade competitiveness and integration into the global economy for developing and transition countries, fostering sustainable development. The programme focuses on organizational capacity building, technical assistance, and WCO capacity building support. Bolivia, Colombia, Peru, and Uzbekistan are among the first countries to benefit from this project.

01/20/2026 Customs Knowledge
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Nigeria Customs Adopts WCO System to Boost Trade Efficiency

Nigeria Customs Adopts WCO System to Boost Trade Efficiency

With WCO support, the Nigeria Customs Service upgraded its Post Clearance Audit (PCA) system, strengthening risk management, optimizing trader segmentation, and supporting the implementation of the Authorized Economic Operator (AEO) program. This initiative aims to enhance trade efficiency and promote economic prosperity. Emphasizing data-driven customs management, the project offers valuable lessons for other developing countries looking to modernize their customs operations and improve trade facilitation measures. The focus on risk-based approaches and data analysis is key to achieving tangible improvements in customs performance.

01/20/2026 Customs Knowledge
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CMA CGM Enhances Asiacaribbeanmexico Shipping Route for Faster Trade

CMA CGM Enhances Asiacaribbeanmexico Shipping Route for Faster Trade

CMA CGM will upgrade its PEX2 service in 2026, launching a direct Asia-Caribbean/Mexico service, eliminating transshipment and significantly improving transport efficiency. The route connects major Asian ports with Mazatlan, Mexico, and will be optimized in phases to achieve full direct service. This upgrade aims to meet the growing regional trade demands by providing a faster and more reliable shipping option. The direct connection will reduce transit times and enhance supply chain efficiency for businesses trading between Asia and the Caribbean/Mexico region.

01/15/2026 Logistics
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Flexport Aims to Modernize US Customs for Faster Trade

Flexport Aims to Modernize US Customs for Faster Trade

Flexport's Tom Gould joins the U.S. Customs and Border Protection's Commercial Operations Advisory Committee (COAC) to advance customs modernization and address the disconnect between supply chains and customs operations. He will focus on system upgrades, data interoperability, and data science empowerment to improve clearance efficiency, reduce costs for businesses, and simplify global trade. This initiative aims to streamline processes, enhance communication, and leverage technology to create a more efficient and responsive customs environment, ultimately benefiting businesses involved in international commerce.

01/19/2026 Logistics Industry Insights
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Global Trade Guide for Furniture Lighting and Prefabricated Buildings

Global Trade Guide for Furniture Lighting and Prefabricated Buildings

This article provides a detailed interpretation of the Harmonized System (HS) Chapter 94, focusing on the classification rules for furniture, bedding, lighting, and prefabricated buildings. Through chapter notes and specific commodity classification explanations, it offers a clear and practical classification guide for international trade participants. The aim is to assist them in accurately identifying and declaring goods in global trade, thereby reducing operational costs and ensuring compliance with international regulations. It serves as a helpful resource for navigating the complexities of HS Chapter 94.

01/19/2026 HS Code Query
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