WCO JICA Boost Customs Valuation Training in Southern Africa

WCO JICA Boost Customs Valuation Training in Southern Africa

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project is progressing in Southern Africa. The 3rd Working Group activity of the Customs Valuation (CV) Master Trainer Programme (MTP) aimed to enhance the customs valuation capabilities of Botswana, Malawi, Mozambique, Zimbabwe, and Zambia. The project focuses on developing a regional pool of trainers and creating training materials. This initiative seeks to promote fairness and efficiency in international trade by strengthening customs valuation expertise within the region.

01/05/2026 Customs Knowledge
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WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

The World Customs Organization (WCO) recently assisted Angola Customs in enhancing its customs valuation capabilities. By assessing infrastructure needs, providing recommendations on risk management and post-clearance audit, and conducting customs valuation workshops, the WCO helped Angola Customs improve revenue collection efficiency, promote compliant trade, and strengthen customs valuation oversight of multinational corporations. This assistance demonstrates the importance of international cooperation in improving customs administration.

12/30/2025 Customs Knowledge
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WTO Committee Clarifies Customs Valuation Rules for Global Trade

WTO Committee Clarifies Customs Valuation Rules for Global Trade

This article provides an in-depth analysis of key decisions made by the WTO Committee on Customs Valuation over the years. It covers critical issues such as royalties, interpretation of terms, treatment of interest, valuation of software carriers, challenges to declared value, and minimum prices. The aim is to offer an authoritative reference for practitioners, promoting fairness and efficiency in international trade. It delves into the nuances of these resolutions, offering practical insights for navigating complex valuation scenarios and ensuring trade compliance.

01/26/2026 Customs Knowledge
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New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

01/26/2026 Customs Knowledge
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Seychelles Customs Officials Enhance Valuation Skills in WCO Training

Seychelles Customs Officials Enhance Valuation Skills in WCO Training

The World Customs Organization (WCO) conducted a customs valuation training in Seychelles to enhance the practical skills of the country's customs officers. The training focused on the core principles of the WTO Agreement on Customs Valuation, combining theoretical knowledge with practical exercises. This initiative is part of the WCO's capacity building project, aimed at assisting developing countries in improving customs administration, promoting trade facilitation, and increasing revenue collection. Accurate customs valuation is crucial for ensuring revenue integrity and maintaining fair trade practices.

01/26/2026 Customs Knowledge
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WCO Issues New Customs Valuation Guidance for Trade Compliance

WCO Issues New Customs Valuation Guidance for Trade Compliance

The World Customs Organization is set to release new Explanatory Note 7.1, aiming to clarify the meaning of 'price actually paid or payable' and assist businesses in more accurately performing customs valuation. Companies should thoroughly understand the new regulations, optimize their valuation strategies, reduce trade costs, and improve compliance levels, thereby gaining a competitive edge in cross-border trade. This updated guidance is crucial for navigating the complexities of international trade and ensuring accurate declaration of goods.

01/26/2026 Customs Knowledge
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Chinas Toy Giant Hits 35B Valuation Targets Global Growth

Chinas Toy Giant Hits 35B Valuation Targets Global Growth

Bruko Toys successfully listed on the Hong Kong Stock Exchange, with a market value exceeding HKD 25 billion. Its rise is inseparable from the support of well-known IPs such as "Ultraman." However, over-reliance on IP licensing also brings potential risks. Meanwhile, China's trendy toy industry is ushering in "going global" opportunities. Cross-border sellers should understand market demands, accurately position themselves, and create products that fit consumer preferences to achieve sustainable development.

01/26/2026 Logistics Industry Insights
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Datadriven Strategies Boost Tiktok Engagement

Datadriven Strategies Boost Tiktok Engagement

This article provides an in-depth analysis of four key data metrics in TikTok video operations: completion rate, like rate, comment rate, and share rate. It proposes specific optimization strategies for each metric. Through data-driven and refined operations, it helps TikTok videos achieve a remarkable transformation from low traffic to millions of views. The article emphasizes the importance of understanding and improving these metrics for successful TikTok marketing and growth.

12/29/2025 Logistics Industry Insights
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Tiktok Reveals Ecommerce Brandbuilding Strategies

Tiktok Reveals Ecommerce Brandbuilding Strategies

TikTok E-commerce Growth Strategy: Wang Kai shares his self-incubated content system to build a content moat and achieve millions of dollars in GMV growth. The strategy emphasizes a long-term approach to accumulating brand equity through consistent and engaging content. This approach focuses on building a sustainable competitive advantage through valuable and unique content creation, ultimately driving sales and fostering brand loyalty within the TikTok ecosystem. The presentation highlights the importance of content as a key driver for e-commerce success on the platform.

01/23/2026 Logistics Industry Insights
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Egypt Boosts Customs Skills Via WTO Training Program

Egypt Boosts Customs Skills Via WTO Training Program

The World Customs Organization and the Commercial Law Development Program jointly held a customs valuation workshop in Cairo to enhance Egyptian customs officials' understanding and application of the WTO's Customs Valuation Agreement. The workshop covered a review of the agreement's principles, analysis of key technical issues, sharing of US customs experiences, and practical case studies. This initiative aims to support Egypt in building an efficient and transparent customs valuation system, ultimately promoting trade facilitation.

01/05/2026 Customs Knowledge
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