Bangladesh Enhances Trade Efficiency Via Time Release Study

Bangladesh Enhances Trade Efficiency Via Time Release Study

GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.

01/06/2026 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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US Trade Rep Tai Outlines New China Trade Strategy

US Trade Rep Tai Outlines New China Trade Strategy

US Trade Representative Katherine Tai outlined a new trade strategy towards China, emphasizing a worker-centric approach. This involves evaluating the Phase One agreement, initiating a tariff exclusion process, and addressing deeper structural issues to rebuild American competitiveness. Industry observers suggest the policy's impact requires further observation, and businesses should remain flexible in their response. The strategy aims to reshape the US's competitive edge in the global market while addressing concerns about fair trade practices with China.

01/19/2026 Logistics Industry Insights
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Vietnam Explores Export Growth for Bamboo and Rattan Products

Vietnam Explores Export Growth for Bamboo and Rattan Products

This article delves into the relevant products under HS Code 46, highlighting the importance and market potential of bamboo and rattan goods in international trade. It discusses key export factors, regulatory requirements, and the advantages of sustainable development, assisting businesses in better entering the global market.

08/05/2025 HS Code Query
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WCO JICA Boost Customs Audits in East Africa

WCO JICA Boost Customs Audits in East Africa

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly launched the "East African Post Clearance Audit Instructor Training Program" (MTP). This initiative aims to cultivate a high-quality regional instructor pool, enhance the Post Clearance Audit (PCA) capabilities of East African customs administrations, and facilitate trade. Through systematic training, curriculum development, and expert guidance, the program seeks to improve PCA skills, promote trade facilitation, strengthen regional cooperation, and achieve sustainable development in the region.

01/05/2026 Customs Knowledge
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WCO Backs Trade Growth for Landlocked Nations

WCO Backs Trade Growth for Landlocked Nations

The World Customs Organization (WCO) reaffirms its commitment to the Vienna Programme of Action (VPoA), assisting Landlocked Developing Countries (LLDCs) in overcoming geographical constraints and achieving trade facilitation and economic transformation through simplified customs procedures, capacity building, and international cooperation. WCO's specific actions include developing standards, implementing projects, issuing guidelines, and establishing a pool of experts. These efforts aim to build an efficient, transparent, and secure global trade environment, jointly promoting the sustainable development of LLDCs.

01/05/2026 Customs Knowledge
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Guide Simplifies European Market Expansion for Businesses

Guide Simplifies European Market Expansion for Businesses

This event aims to help businesses accelerate international expansion, particularly into the European market. Trade experts will share knowledge on trade finance, customs compliance, inventory management, and strategic positioning, providing businesses with a one-stop solution to help them successfully enter the European market. The event will cover key aspects of navigating the complexities of European expansion and provide actionable strategies for achieving sustainable growth. Attendees will gain valuable insights into optimizing their market entry approach.

01/05/2026 Logistics Industry Insights
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Flexport Capital Expands Supply Chain Finance for Business Growth

Flexport Capital Expands Supply Chain Finance for Business Growth

Flexport Capital offers trade finance solutions, helping businesses optimize their supply chains, reduce costs, and achieve growth. They simplify processes, provide customized solutions, and offer transparent fees, ultimately enhancing supply chain resilience. This allows companies to access working capital to fund inventory, manage cash flow, and expand their operations, all while minimizing risk and improving efficiency in their global trade activities. Flexport Capital aims to be a strategic partner in fostering sustainable growth for its clients.

01/05/2026 Logistics Industry Insights
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WCO Upgrades Cargo System to Strengthen Trade Security

WCO Upgrades Cargo System to Strengthen Trade Security

The World Customs Organization (WCO) has released an upgraded version of its Cargo Targeting System (CTS) to enhance global trade security and facilitation. The new version features significant improvements in user interface, risk analysis capabilities, and data integration, and has been successfully deployed in several countries worldwide. This upgrade signifies the WCO's commitment to providing its members with more effective and sustainable cargo risk assessment and pre-shipment inspection capabilities to address increasingly complex global trade challenges.

12/30/2025 Customs Knowledge
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EU Boosts Cameroons Customs Classification Skills

EU Boosts Cameroons Customs Classification Skills

The World Customs Organization is assisting Cameroon in implementing its customs modernization program, with funding from the European Union, focusing on enhancing tariff classification capabilities. Through training workshops held in Douala, Cameroonian customs officials learned about the HS coding system, case studies, and trade facilitation agreements. This initiative aims to improve the accuracy of commodity classification, promote regional integration, and foster trade development. The program emphasizes practical application and knowledge transfer to ensure sustainable improvements in customs procedures.

12/30/2025 Customs Knowledge
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