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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New Guide Simplifies Freight Logistics and Customs Clearance

New Guide Simplifies Freight Logistics and Customs Clearance

This article provides a practical guide for freight forwarding newcomers, covering learning methods, customs clearance practices, special situation handling, bill of lading interpretation, and volumetric weight conversion. It helps newcomers quickly get started with freight forwarding by learning during lunch breaks, differentiating between tax refunds and buying out, understanding Iran business considerations, interpreting HBL and OBL, and mastering volumetric weight conversion for air and sea freight. This guide offers essential tips and knowledge to accelerate the learning curve and improve efficiency in daily freight forwarding tasks.

08/22/2025 Logistics Encyclopedia
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Amazon FBA Sellers Gain Edge With Streamlined Shipping Customs Tips

Amazon FBA Sellers Gain Edge With Streamlined Shipping Customs Tips

This article provides a detailed analysis of the complete Amazon FBA shipping and customs clearance process. It offers a practical guide covering stages from booking, warehousing, and shipping to customs documentation preparation, declaration, tax payment, inspection, and release. The aim is to help sellers clarify their approach, choose suitable freight forwarders, and ensure efficient and safe delivery of goods to Amazon FBA warehouses, ultimately gaining a competitive edge in the market. It emphasizes understanding the intricacies involved for a smoother and more profitable cross-border trading experience.

11/03/2025 Logistics Encyclopedia
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Crossborder Ecommerce Streamlines Logistics to Boost Satisfaction

Crossborder Ecommerce Streamlines Logistics to Boost Satisfaction

Frequent complaints arise in cross-border e-commerce logistics, with customs clearance delays and last-mile delivery being primary culprits. Optimizing the entire cross-border logistics chain is crucial. This includes domestic 'three inspections' standards, intelligent sorting, international air and sea freight options, RCEP customs clearance channels, destination country pre-clearance, EIN tax number requirements, variations in last-mile delivery efficiency, overseas warehouse models, and a full-link visualization system. Addressing these factors can significantly improve the overall customer experience and efficiency in cross-border e-commerce.

11/03/2025 Logistics
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WCO Updates Audit Guidelines to Strengthen Trade Security

WCO Updates Audit Guidelines to Strengthen Trade Security

A WCO expert group seminar focused on revising the Post Clearance Audit (PCA) Guidelines to address evolving international trade rules, combat tax fraud, and enhance customs efficiency. The revised guidelines will optimize PCA processes, strengthen international cooperation, and improve the professional capabilities of PCA personnel, ultimately promoting trade facilitation, strengthening border security, and increasing revenue collection. Technological advancements will further drive the intelligence and efficiency of PCA. This update ensures PCA remains a vital tool for modern customs administrations in a dynamic global trade environment.

01/05/2026 Customs Knowledge
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Crossborder Ecommerce Faces New Customs Valuation Challenges

Crossborder Ecommerce Faces New Customs Valuation Challenges

The World Customs Organization released Advisory Opinion 4.19, clarifying how to handle royalties that include both patent rights for imported raw materials and trademark rights for the final product in customs valuation. This opinion aims to enhance valuation certainty, reduce trade friction, and assist businesses in tax planning. It offers valuable guidance for cross-border e-commerce and import-export enterprises, particularly regarding the treatment of royalties in determining customs value. The advisory opinion provides a framework for consistently applying valuation principles to complex licensing agreements.

01/05/2026 Customs Knowledge
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VAT Zerorating Boosts International Aviation Connectivity

VAT Zerorating Boosts International Aviation Connectivity

The unique nature of international air transport clashes with traditional tax jurisdictions. This paper argues for the necessity of implementing a zero-rating VAT refund mechanism for international aviation. It emphasizes that this mechanism can reduce operational costs, promote international travel and trade, enhance competitiveness, and ensure fairness. ICAO resolutions provide guidance for governments to develop relevant policies, contributing to the construction of an interconnected global aviation network. This approach helps to streamline processes and foster a more efficient and equitable system for international air travel.

01/05/2026 Customs Knowledge
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WCO Upgrades Gender Equality Tool for Customs Agencies

WCO Upgrades Gender Equality Tool for Customs Agencies

The World Customs Organization (WCO) has released an updated Gender Equality Organizational Assessment Tool (GEOAT) to assist member customs and tax administrations in assessing the integration of gender equality and diversity within their internal policies, practices, and external relations. The 2023 update focuses on security, action, and user experience. It includes a new security and safety chapter, strengthens action-oriented templates, and optimizes user experience design. This aims to promote gender equality within the customs domain and improve organizational performance through a more inclusive and equitable environment.

01/05/2026 Customs Knowledge
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