Bangladesh Enhances Trade Efficiency with Wcobacked Study

Bangladesh Enhances Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) Global Trade Facilitation Programme (GTFP) held a strategic dialogue with the National Board of Revenue (NBR) of Bangladesh in February 2021 to strengthen Bangladesh's Time Release Study (TRS) capabilities. The meeting reviewed Bangladesh Customs' TRS experience and developed a future action plan to improve clearance efficiency and promote trade facilitation. The aim is to streamline processes and reduce the time required for goods to be released from customs control, ultimately boosting trade competitiveness.

01/05/2026 Customs Knowledge
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Bolivia Enhances Trade Efficiency Through Global Program

Bolivia Enhances Trade Efficiency Through Global Program

The Global Trade Facilitation Programme (GTFP) has been launched in Bolivia to enhance customs modernization through capacity building. Funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the World Customs Organization (WCO), the project covers areas such as risk management, advance rulings, and organizational development. A tripartite Memorandum of Understanding ensures the project's smooth implementation. This initiative aims to help Bolivia better comply with international trade agreements and promote economic development.

01/05/2026 Customs Knowledge
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Moldova Streamlines Aid Clearance Via WCO Trade Program

Moldova Streamlines Aid Clearance Via WCO Trade Program

The Swiss-WCO Global Trade Facilitation Programme (GTFP) continues to support the Moldovan Customs Service in enhancing the efficiency of clearing humanitarian aid supplies. This is achieved through stakeholder workshops and the development of Standard Operating Procedures (SOPs). The project aims to foster collaboration among stakeholders, streamline processes, and ensure the rapid delivery of relief goods, aligning with relevant provisions of the WTO Trade Facilitation Agreement. The initiative focuses on simplifying customs procedures related to humanitarian assistance entering Moldova.

01/05/2026 Customs Knowledge
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WTO Extends Trade Program to Aid Developing Nations Customs

WTO Extends Trade Program to Aid Developing Nations Customs

The Global Trade Facilitation Programme (GTFP), a collaboration between the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been extended until December 2023 due to its significant achievements. The program aims to promote economic growth in developing countries by simplifying trade procedures and improving customs administration through capacity building. This extension will consolidate gains, address challenges posed by the pandemic, and enhance sustainability, ultimately providing long-term development opportunities for beneficiary countries.

01/19/2026 Customs Knowledge
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SECOWCO GTFP Phase II Aims to Enhance Global Trade

SECOWCO GTFP Phase II Aims to Enhance Global Trade

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) officially launched the second phase of the Global Trade Facilitation Programme (GTFP). This initiative aims to build upon the achievements of the first phase, further promoting international trade development, strengthening customs organizational capacity, and fostering the application of international standards and best practices. It seeks to inject new vitality into global trade facilitation and contribute to the construction of an open, inclusive, balanced, and win-win global trade system.

01/05/2026 Customs Knowledge
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Swiss Worldcargo Joins Transatlantic Air Cargo Alliance

Swiss Worldcargo Joins Transatlantic Air Cargo Alliance

Swiss International Freight is set to officially join the transatlantic transport alliance of United Cargo and Lufthansa Cargo in 2025, aiming to enhance customer transport flexibility and choice through a dense route network. This collaboration will optimize shipping resources, resulting in more efficient and reliable cargo transportation services.

07/18/2025 Logistics
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Swiss Franc to US Dollar Exchange Guide

Swiss Franc to US Dollar Exchange Guide

This article provides information on exchanging 50 francs for dollars, emphasizes the importance of understanding exchange rates, and offers advice on using professional tools to help readers make informed financial decisions in international transactions.

08/20/2025 Exchange Rate Query
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