Armenia Joins Kyoto Convention to Boost Trade Efficiency

Armenia Joins Kyoto Convention to Boost Trade Efficiency

Armenia has joined the Revised Kyoto Convention, becoming its 90th contracting party. This convention aims to simplify and harmonize global customs procedures, boosting trade efficiency through streamlined processes, technology application, risk management, and enhanced cooperation. It attracts foreign investment and promotes global trade facilitation. More countries joining will contribute to building a more open and inclusive global trading system. The Revised Kyoto Convention is a key instrument for modernizing customs procedures and reducing trade barriers.

WCO Releases IT Guide for Digital Customs Modernization

WCO Releases IT Guide for Digital Customs Modernization

The World Customs Organization (WCO) has released an IT Guide to assist customs leaders in digital transformation. This guide aims to enhance efficiency, security, and service delivery within customs administrations worldwide. By leveraging information technology, customs organizations can streamline processes, improve risk management, and ultimately support trade facilitation efforts, contributing to a more efficient and secure global trading environment. The guide provides practical insights and best practices for implementing digital solutions within the customs domain.

Global Customs Body Warns of Rising Smuggling Threats

Global Customs Body Warns of Rising Smuggling Threats

The World Customs Organization (WCO) released its latest 'Smuggling Trends Report,' providing an in-depth analysis of illicit trade dynamics and trends, offering risk alerts and compliance guidance for businesses. The report emphasizes the importance of international cooperation in helping businesses identify vulnerabilities, strengthen supply chain security, and maintain global trade stability. It serves as a valuable resource for understanding evolving smuggling patterns and implementing proactive measures to mitigate risks associated with illegal trade activities.

Mongolia Customs Adopts Data Analytics with WCO Backing

Mongolia Customs Adopts Data Analytics with WCO Backing

The World Customs Organization (WCO) supported the Mongolian Customs General Administration (MCGA) in hosting a data analysis workshop. This initiative aims to enhance MCGA's evidence-based decision-making and build a data-driven customs administration. As part of the SECO-WCO Global Trade Facilitation Programme (GTFP), the workshop focused on developing data governance strategies and improving risk management capabilities. These efforts are crucial for enabling trade facilitation and contributing to economic development in Mongolia.

Tiktok Ad Strategies Mastering Lovead Contracts for ROI

Tiktok Ad Strategies Mastering Lovead Contracts for ROI

This article delves into optimizing LoveAd campaign contracts to improve cross-border advertising ROI. It details strategies for optimizing key contract terms, risk control, compliance measures, and continuous improvement mechanisms. It also addresses frequently asked questions, aiming to help cross-border sellers and advertising agencies establish a more efficient and transparent partnership, ultimately maximizing advertising effectiveness. The focus is on building a strong collaborative framework for achieving optimal results in international advertising campaigns.

Ozon Retailers Boost Profits with Highorder Value Strategy

Ozon Retailers Boost Profits with Highorder Value Strategy

This article delves into the four key profitability advantages of selecting high average order value (AOV), high-profit products on the Ozon marketplace: greater profit margins, reduced competitive pressure, easier brand building, and stronger risk resilience. Choosing high AOV products is an effective strategy for sellers to achieve long-term, stable growth on the Ozon platform. Focusing on premium products allows for better brand positioning and financial stability in the competitive e-commerce landscape.

US Approves Under21 Trucker Pilot Program Amid Safety Concerns

US Approves Under21 Trucker Pilot Program Amid Safety Concerns

The U.S. Federal Motor Carrier Safety Administration has launched a controversial pilot program allowing some drivers under 21 to participate in interstate commercial trucking. This initiative aims to assess the feasibility of lowering the age limit for truck drivers but has raised concerns among safety advocates, who argue that younger drivers' lack of experience could increase the risk of accidents. The results of this program will have a significant impact on future trucking policies.

02/03/2026 Logistics
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Amazon Seller Uses Air Freight to Mitigate Stockouts Sales Swings

Amazon Seller Uses Air Freight to Mitigate Stockouts Sales Swings

A new Amazon store experienced sales fluctuations, with a popular product facing stockout risk. To avoid losses, the seller urgently initiated air freight replenishment. This highlights the importance of inventory management in Amazon operations. Scientific inventory planning is crucial for improving inventory turnover and profitability. The sales volatility necessitates a robust inventory strategy to buffer against unexpected demand surges and prevent costly stockouts. Effective inventory management ensures customer satisfaction and maximizes revenue potential.

Kenyas AEO Program Enhances Trade with WCO Backing

Kenyas AEO Program Enhances Trade with WCO Backing

With Sida's support, the WCO conducted AEO training for Kenya Customs, promoting cross-border cooperation and trade facilitation. The training recommended strengthening policy coordination and risk management to foster mutual recognition cooperation. This initiative aims to enhance the efficiency and security of the supply chain, benefiting both Kenya and its trading partners by streamlining customs procedures and reducing trade barriers. The focus on AEO implementation contributes to a more predictable and reliable trading environment.

WCO Enhances Customs to Boost Global Trade Competitiveness

WCO Enhances Customs to Boost Global Trade Competitiveness

The WCO Deputy Secretary General attended the ALACAT International Congress, emphasizing the crucial role of customs in enhancing global competitiveness and implementing the WTO Trade Facilitation Agreement. The WCO empowers customs through standardized tools, risk management, capacity building, and coordinated cooperation to promote trade facilitation. The importance of customs-business cooperation was also highlighted. Furthermore, the WCO is actively addressing the challenges of the digital age, contributing to the prosperity and development of global trade.