WCO Enhances PICARD Standards to Strengthen Global Customs Operations

WCO Enhances PICARD Standards to Strengthen Global Customs Operations

The World Customs Organization (WCO) is upgrading the PICARD Professional Standards (PS) to adapt to the evolving global trade landscape. The updated standards will encompass key areas such as public-private sector cooperation, customs and tax function integration, and coordinated border management. It will also address emerging trends, security, trade facilitation, technological advancements, and project management. The WCO invites stakeholders to participate in capacity building initiatives to jointly promote global customs development. This collaborative effort aims to enhance customs efficiency and effectiveness worldwide.

01/07/2026 Customs Knowledge
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Gambia Revenue Authority Adopts New Project Management System

Gambia Revenue Authority Adopts New Project Management System

The Gambia Revenue Authority, with WCO support, developed a project management methodology to improve project efficiency, standardize processes, reduce risks, and optimize resource allocation. This initiative aims to enhance the Authority's ability to effectively manage and deliver projects related to tax reform and revenue collection. By implementing a structured approach, the GRA seeks to improve accountability, transparency, and ultimately, its overall performance in achieving its strategic objectives. The project management framework will also facilitate better coordination and communication among different departments and stakeholders.

01/07/2026 Customs Knowledge
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Cambodia Faces Currency Challenges As Cashew Exports Grow

Cambodia Faces Currency Challenges As Cashew Exports Grow

Cambodia's foreign trade is diversifying by the end of 2025, with cashew exports expanding to the Middle East and growth in wire and cable exports. E-commerce taxation is becoming stricter, driving market expansion. However, the country faces challenges such as exchange rate fluctuations. The diversification efforts aim to reduce reliance on traditional markets and products, while the e-commerce tax aims to increase government revenue. Navigating the volatile exchange rates will be crucial for maintaining competitiveness and stability in the Cambodian economy.

12/31/2025 Exchange Rate Query
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Asiapacific Adopts WCO Framework for Ecommerce Customs

Asiapacific Adopts WCO Framework for Ecommerce Customs

The WCO Asia-Pacific Regional E-commerce Seminar focused on the implementation of cross-border e-commerce standards frameworks. Key areas discussed included advance electronic data, data exchange, tax collection, AEO extensions, and technological applications. Participants actively engaged in addressing the challenges posed by the pandemic-accelerated e-commerce transformation. The aim is to build a secure and efficient new e-commerce ecosystem in the Asia-Pacific region by fostering collaboration and addressing emerging issues related to cross-border trade and customs procedures.

01/19/2026 Customs Knowledge
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Asiapacific Nations Unite on Ecommerce Rules During Pandemic

Asiapacific Nations Unite on Ecommerce Rules During Pandemic

The World Customs Organization (WCO) held an online workshop for Asia-Pacific members, focusing on the effective implementation of the E-Commerce Framework of Standards (E-Commerce FoS) to address challenges arising from the pandemic-accelerated growth of e-commerce. The meeting covered topics such as advance electronic data, data exchange, tax collection, cooperation & coordination, and technology applications. The aim was to promote trade facilitation, ensure effective customs control and revenue collection, and foster the healthy development of cross-border e-commerce.

01/19/2026 Customs Knowledge
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WCO Helps Togo Increase Revenue by Tightening Customs Controls

WCO Helps Togo Increase Revenue by Tightening Customs Controls

The World Customs Organization (WCO) completed a three-phase capacity building assistance program for Togo Customs, aimed at helping the Togolese Revenue Office (OTR) reclaim outsourced customs valuation functions and enhance its valuation capabilities. The program, through diagnostic assessments, expert training, and the establishment of an electronic database, helped Togo Customs close tax loopholes and increase fiscal revenue, providing stronger financial support for national development. The initiative strengthened Togo's ability to accurately assess customs duties and improve overall customs administration.

01/20/2026 Customs Knowledge
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US Highway Bill Stalled by Political Gridlock Pandemic Concerns

US Highway Bill Stalled by Political Gridlock Pandemic Concerns

The US highway bill faces potential gridlock due to bipartisan disagreements, raising concerns in the freight industry about hindering infrastructure modernization. The pandemic's impact, including changing commuting patterns and declining gasoline tax revenues, has placed significant financial strain on state transportation departments. The bill's ultimate fate hinges on the election results and control of the Senate, potentially leading to major adjustments in future infrastructure investment directions. The outcome will have a significant impact on the nation's transportation network and economic growth.

01/26/2026 Logistics Industry Insights
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Explaining Key International Trade Terms DDP Vs DAP

Explaining Key International Trade Terms DDP Vs DAP

This article provides an in-depth analysis of the common 'arrival contract' Incoterms DDP, DAP, and DDU, detailing their differences in terms of risk transfer, transportation responsibility, customs clearance obligations, and tax/duty liabilities. The article offers advice on selecting the appropriate Incoterm for various trade scenarios and emphasizes key considerations when using these terms. The aim is to help readers mitigate trade risks and improve international trade efficiency by understanding the nuances of these delivery terms and making informed decisions.

01/26/2026 Customs Knowledge
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Poland Czech Republic Tighten VAT Rules for EU Sellers

Poland Czech Republic Tighten VAT Rules for EU Sellers

This article delves into the necessity of VAT registration in Poland and the Czech Republic under the Pan-European FBA program. It clarifies the reasons for restricted sales permissions and identifies three scenarios requiring simultaneous VAT registration. Furthermore, it alerts sellers to the tax risks associated with prolonged zero VAT returns and emphasizes the importance of compliant operations. This provides practical guidance for cross-border e-commerce sellers navigating the complexities of Pan-European VAT compliance and ensuring sustainable business growth.

01/26/2026 Customs Knowledge
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Spain Updates Ecommerce VAT Rules for Sellers

Spain Updates Ecommerce VAT Rules for Sellers

This article provides a detailed explanation of VAT registration and filing procedures for Chinese sellers entering the Spanish e-commerce market. It compares the advantages and disadvantages of three options: self-registration, agent registration, and OSS declaration. Furthermore, it addresses frequently asked questions, aiming to help sellers avoid compliance risks and successfully conduct business in Spain. The guide focuses on navigating the complexities of Spanish VAT to ensure smooth operations and adherence to local tax regulations for Chinese e-commerce businesses.

01/26/2026 Customs Knowledge
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