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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Guide to Duty Refunds for Missing Goods in Global Trade

Guide to Duty Refunds for Missing Goods in Global Trade

The World Customs Organization recommends simplifying import duty and tax refund processes to prevent taxation on non-imported goods. This covers duty drawback and release of security, emphasizing timely declaration and sufficient proof. Members are urged to streamline procedures, make prompt decisions, and share information. This guide analyzes the recommendation, helping businesses understand the application process and reduce trade costs. The key is efficient documentation and adherence to established guidelines for successful claims and minimized financial burdens in international trade.

01/20/2026 Customs Knowledge
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Global Firms Face Challenges in International Expansion

Global Firms Face Challenges in International Expansion

InCorp provides one-stop overseas investment solutions, covering company registration, tax & accounting services, and market entry research. Leveraging a global service network and professional team, InCorp assists companies in expanding into overseas markets and provides comprehensive support for foreign companies investing in China. We offer expertise in navigating complex regulatory landscapes and ensuring compliance, enabling businesses to achieve their international growth objectives efficiently and effectively. Our services are tailored to meet the specific needs of each client, providing a seamless and reliable experience.

01/21/2026 International Settlement
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CBP Alerts Importers to New Tariff Rules on Transshipment

CBP Alerts Importers to New Tariff Rules on Transshipment

CBP's updated policy on mother port transshipment specifies that certain goods must be shipped by specific deadlines to qualify for in-transit exemptions and a 10% countervailing duty. This change may result in higher tariffs and retroactive fees for many importers, necessitating careful handling of related declarations.

05/20/2025 Customs Knowledge
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Aviation Industry Faces Hurdles in Scaling Sustainable Fuel

Aviation Industry Faces Hurdles in Scaling Sustainable Fuel

This discussion addresses the challenges faced by Sustainable Aviation Fuel (SAF) in the aviation industry, including pricing, supply chain issues, and environmental benefits. Industry experts believe that through policy support and technological innovation, SAF could achieve widespread adoption, contributing to the green transformation of the aviation sector.

08/07/2025 Logistics
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MDL to USD Exchange Rate Fluctuations Stir Economic Concerns

MDL to USD Exchange Rate Fluctuations Stir Economic Concerns

This article analyzes the exchange rate fluctuations between the Moldovan Leu (MDL) and the US Dollar (USD), exploring various factors that influence the exchange rate, including economic conditions, policy changes, and market demand. It emphasizes the importance of managing exchange rate risks and making informed investment decisions.

08/11/2025 Exchange Rate Query
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