Togo Boosts Customs Skills with WCO Training

Togo Boosts Customs Skills with WCO Training

The World Customs Organization (WCO) conducted a workshop in Lomé to assist the Togolese Revenue Office (OTR) in rebuilding its customs valuation function. Through diagnostic assessments and practical training, Togolese customs officials gained a better understanding of WTO valuation rules and WCO practices. This initiative aimed to enhance their capacity in customs valuation control and management, laying the foundation for an efficient and transparent customs valuation system in Togo. The workshop focused on improving skills and knowledge related to valuation procedures and international standards.

Togo Boosts Trade with Wcobacked Customs AEO Program

Togo Boosts Trade with Wcobacked Customs AEO Program

The WCO is assisting the Togo Revenue Authority in establishing an AEO program to enhance trade facilitation. This initiative focuses on optimizing processes and strengthening cooperation to promote economic growth in Togo. By implementing the AEO program, Togo aims to streamline customs procedures, reduce trade barriers, and attract foreign investment. The program's success will contribute to increased efficiency in cross-border trade and a more competitive business environment for Togolese companies. This collaboration between the WCO and Togo Customs is expected to yield significant benefits for the country's economy.

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.

WCO Aids Togo in Customs Valuation to Boost Trade Efficiency

WCO Aids Togo in Customs Valuation to Boost Trade Efficiency

WCO training assisted Togo in enhancing its customs valuation capabilities. This initiative focused on strengthening personnel skills to ensure compliant and efficient valuation practices. By improving valuation procedures, the training contributes to trade facilitation and promotes smoother international trade flows. The program aims to equip Togo's customs officials with the necessary expertise to accurately assess the value of imported goods, leading to increased revenue collection and improved border security. Ultimately, this technical assistance supports Togo's economic development by fostering a more transparent and predictable trading environment.

Guide to SWIFTBIC Codes for Transfers to Togo

Guide to SWIFTBIC Codes for Transfers to Togo

This article provides a guide to finding SWIFT/BIC codes for Togo. It details the importance of SWIFT/BIC codes, methods for looking them up, frequently asked questions, and examples of codes for major banks. The aim is to help users avoid errors in cross-border remittances and ensure that funds arrive at their destination securely and efficiently. It offers practical advice for anyone sending money to or from Togo, emphasizing the significance of using the correct SWIFT/BIC code for successful transactions.

Togos Customs Modernization Boosts Efficiency Revenue

Togos Customs Modernization Boosts Efficiency Revenue

Togo Customs has achieved significant results in tax collection, clearance efficiency, and regulatory enforcement by introducing a performance management system supported by the World Customs Organization. Tax revenue increased by 46%, clearance times were halved, and the detection rate of irregularities doubled. This experience provides a valuable lesson for other developing countries, emphasizing the importance of high-level commitment, international cooperation, and continuous improvement. It also looks forward to the application of digitalization and intelligence in customs reform.

Togo Cambodia Join Revised Kyoto Convention Bolstering Global Trade

Togo Cambodia Join Revised Kyoto Convention Bolstering Global Trade

Togo and Cambodia have acceded to the Revised Kyoto Convention, bringing the total number of contracting parties to 94. The Convention aims to simplify and harmonize customs procedures, enhance trade efficiency, reduce transaction costs, and promote global economic prosperity. More countries joining will contribute to making global trade more efficient, convenient, and sustainable. The revised Kyoto Convention is considered the blueprint for modern and efficient customs procedures in the 21st century.

Wcos COPES Initiative Strengthens Customs Against Wildlife Trafficking

Wcos COPES Initiative Strengthens Customs Against Wildlife Trafficking

The WCO's COPES project aims to enhance customs' capacity to combat illegal wildlife trade. A workshop in Togo focused on evidence collection, case management, and international cooperation. INAMA provided financial support. The training sought to improve the effectiveness of customs officials in identifying, investigating, and prosecuting wildlife trafficking offenses. Emphasis was placed on collaborative efforts between national agencies and international partners to disrupt transnational criminal networks involved in the illegal trade of endangered species.

Guide to Using SWIFTBIC Codes for Transfers in Togo

Guide to Using SWIFTBIC Codes for Transfers in Togo

This article serves as a guide to finding SWIFT/BIC codes for Togo, highlighting their importance in international remittances. It provides various methods for searching these codes and outlines key considerations to help users avoid remittance problems caused by incorrect codes. The aim is to ensure smooth cross-border payments by providing accurate information and practical advice on locating the correct SWIFT/BIC code for banks in Togo.

West Africa Launches Etransit System to Enhance Trade

West Africa Launches Etransit System to Enhance Trade

With the support of the World Customs Organization, Customs administrations of five West African countries (Burkina Faso, Côte d'Ivoire, Mali, Senegal, and Togo) have launched the development of an electronic transit messaging system. This initiative aims to simplify cross-border transit procedures by standardizing data and sharing information, thereby improving regional trade efficiency and promoting the effective implementation of the Trade Facilitation Agreement. The system is expected to inject new impetus into the economic development of the West African region.