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.

WCO SAFE Upgrade Boosts SME Security in Global Ecommerce

WCO SAFE Upgrade Boosts SME Security in Global Ecommerce

The 30th WCO SAFE Working Group meeting focused on empowering MSMEs and securing emerging trade models. It promoted the continuous evolution of the SAFE Framework through measures like upgrading technical standards, expanding AEO programs, and strengthening the security of cross-border e-commerce and free zone trade. The meeting emphasized data security, standardization, MSME participation, and the application of emerging technologies. These efforts aim to build a safer, more efficient, and inclusive global trade system, contributing to global economic prosperity.

West Africa Customs Adopts Gender Equality to Boost Trade

West Africa Customs Adopts Gender Equality to Boost Trade

The World Customs Organization (WCO) is implementing a Gender Equality and Diversity (GED) capacity-building project in West Africa. Through workshops, assessments, and action plans, the project aims to enhance the GED awareness and practical capabilities of customs administrations in countries like Côte d'Ivoire and Ghana. This initiative seeks to promote a more equitable, inclusive, and efficient customs system, ultimately facilitating trade and fostering economic development in the region. The project focuses on improving internal policies and practices within the customs administrations.

WCO Promotes Gender Equality in Global Customs Operations

WCO Promotes Gender Equality in Global Customs Operations

The WCO Gender Equality Conference highlighted progress in gender equality within customs administrations, sharing best practices and urging member collaboration to build a fair and inclusive environment. The conference emphasized the importance of mainstreaming gender perspectives in customs policies and operations. Participants discussed strategies for promoting women's leadership and addressing gender-based discrimination. The call for collaborative efforts aims to foster a global customs community that values diversity and ensures equal opportunities for all, ultimately contributing to more effective and equitable trade facilitation.

Women Gain Ground in Supply Chain Leadership

Women Gain Ground in Supply Chain Leadership

The representation of women in supply chain continues to increase, with the gender pay gap gradually narrowing, largely thanks to corporate DEI initiatives. However, career advancement bottlenecks and talent attrition remain challenges. Future efforts should focus on bolstering support for women's professional development and fostering an inclusive environment to promote gender equality and overall prosperity within the industry. Further research and targeted programs are needed to address the specific barriers women face and ensure their continued success in the supply chain field.

Guide to Managing International Shipping Destination Charges

Guide to Managing International Shipping Destination Charges

This article provides an in-depth analysis of destination port charges in international sea freight, revealing common hidden costs and offering practical tips to mitigate risks. These include clarifying fee details, opting for all-inclusive pricing, confirming responsibility for charges, and selecting a direct agent or freight forwarder. By understanding these strategies, you can effectively control costs and maximize profits in your international shipping endeavors. It aims to empower businesses to navigate the complexities of destination port charges and avoid unnecessary expenses.

GDP Growth Doesnt Guarantee Consumer Wellbeing Study Finds

GDP Growth Doesnt Guarantee Consumer Wellbeing Study Finds

Despite GDP growth data, consumers don't perceive actual improvement due to unequal income distribution, inflationary pressures, structural employment issues, and a gap between expectations and reality. Businesses should offer cost-effective products, focus on niche markets, and enhance brand value. Governments need to strengthen income distribution regulation, control inflation, and improve social security systems to break the 'GDP growth illusion' and achieve inclusive growth. This requires addressing the underlying issues hindering the translation of economic growth into tangible benefits for the average consumer.

China Vows Support for Multilateralism Global Cooperation

China Vows Support for Multilateralism Global Cooperation

China reaffirmed its unwavering support for multilateralism at the United Nations, emphasizing the importance of upholding the UN's authority. China called for a coordinated approach to advancing the three pillars of peace, development, and human rights, prioritizing development. China supports UN reform aimed at building a more just and equitable global governance system to jointly address global challenges and build a community of shared future for mankind. This commitment underscores China's dedication to international cooperation and a more inclusive and effective global order.

Women Gain Ground in Logistics Amid High Pay Diverse Roles

Women Gain Ground in Logistics Amid High Pay Diverse Roles

The logistics industry is undergoing a transformation, with the rise of women's power. Driven by high demand, competitive salaries, and diverse skill requirements, women are breaking traditional gender barriers and excelling with collaboration and creativity. Companies should foster a diverse and inclusive environment, offering flexible work arrangements and development opportunities to attract and retain female talent. By embracing gender diversity, we can collectively build a new future for logistics, leveraging the unique strengths and perspectives that women bring to the table.

Doortodoor Shipping How to Avoid Hidden Fees

Doortodoor Shipping How to Avoid Hidden Fees

This article provides an in-depth analysis of the cost structure of DDP (Delivered Duty Paid) sea freight, revealing the true boundaries of the 'all-inclusive' concept. It offers practical guidance to help cross-border sellers avoid common pitfalls when choosing DDP shipping. The aim is to empower sellers to make informed decisions, avoid hidden fees, and achieve a worry-free and efficient sea freight experience. It helps to understand the real cost and avoid unexpected charges during the whole process.