WCO Advocates Gender Equality to Boost Global Trade

WCO Advocates Gender Equality to Boost Global Trade

The World Customs Organization virtual working group meeting focused on gender equality and diversity within trade facilitation, emphasizing collaboration to foster an inclusive customs environment. Discussions explored the link between gender, inclusion, and trade, highlighting the need to raise awareness of the gender impact of trade policies. Customs administrations shared measures to promote gender equality and inclusion, aiming to ensure that more women and marginalized groups benefit from trade. The meeting underscored the importance of creating a level playing field and addressing systemic barriers to participation in international trade.

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia is accelerating the modernization of its tariff classification system to align with international standards, aiming to facilitate trade and promote economic growth. With support from the EU-WCO Africa HS Project, the Ethiopian Customs Commission is working to streamline processes, improve efficiency, and strengthen capacity building to adapt to the evolving global trade environment. This initiative seeks to simplify customs procedures, reduce trade barriers, and enhance Ethiopia's competitiveness in the international market.

FIATA Advocates Global Trade Facilitation and Supply Chain Resilience

FIATA Advocates Global Trade Facilitation and Supply Chain Resilience

FIATA drives global freight logistics, promoting trade facilitation and resilient supply chains. Through expert collaboration, digitalization, and sustainable development initiatives, FIATA leads the industry forward. It focuses on improving efficiency, reducing barriers to trade, and building robust networks to withstand disruptions. By advocating for best practices and fostering innovation, FIATA empowers its members to navigate the complexities of the global marketplace and contribute to a more connected and sustainable future for international trade.

ATA and Istanbul Conventions Adopt Digital Trade Measures

ATA and Istanbul Conventions Adopt Digital Trade Measures

The ATA & Istanbul Conventions Conference focused on the electronic transformation of ATA Carnets and the conventions themselves. The aim is to simplify customs procedures, reduce costs, and improve efficiency, ultimately facilitating international trade. Digitalization promises streamlined processes, faster clearance times, and enhanced data security. This shift towards electronic systems aligns with global efforts to modernize trade and promote greater economic cooperation by removing trade barriers and fostering a more efficient and transparent environment for businesses.

US Import Volumes Drop Sharply Amid Pandemic Demand Decline

US Import Volumes Drop Sharply Amid Pandemic Demand Decline

Panjiva data reveals a continued decline in US import freight volume, impacted by both the pandemic and weakened demand. A significant drop in Chinese exports is a primary driver, accelerating supply chain diversification. It is recommended to strengthen international cooperation, reduce trade barriers, stabilize global trade, and promote digital transformation to mitigate these challenges and foster resilience in the global supply chain.

Usmexico Crossborder Trucking Deal Opens Business Opportunities

Usmexico Crossborder Trucking Deal Opens Business Opportunities

The US-Mexico cross-border transportation agreement marks a new phase in North American trade. Fulfilling US commitments under NAFTA, it eliminates trade barriers and fosters nearshoring trends. Businesses should focus on compliance, security, communication, and technology, selecting suitable logistics partners to seize opportunities and optimize supply chains. Addressing these challenges is crucial for sustainable growth in this evolving landscape.

Breaking Barriers: How Southwest China’s Rail-Port Summit is Revolutionizing Regional

Breaking Barriers: How Southwest China’s Rail-Port Summit is Revolutionizing Regional

A meeting was held in Fangchenggang by the railway bureau of the Southwest region and Beibu Gulf International Port Group to promote logistics integration in rail-sea combined transport, breaking down barriers between different transportation modes. The meeting gathered various stakeholders to discuss comprehensive logistics services and enhance the convenience of outbound passages. By establishing a joint marketing platform and implementing pricing incentives, it aims to reduce logistics costs for enterprises, improve market competitiveness, and provide high-quality services to customers.

11/07/2023 Logistics
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Supply Chains Adopt Tech to Tackle Global Challenges

Supply Chains Adopt Tech to Tackle Global Challenges

Descartes' research reveals that supply chain leaders view technology as crucial for growth, especially when facing challenges like tariffs and trade barriers. 74% consider technology essential, with a higher proportion (88%) among high-growth companies. Global trade intelligence technology is seen as the most valuable tool, followed by trade analytics and supply chain mapping. Industries across the board recognize its value for operations. Technology adoption is seen as a key differentiator for navigating global trade complexities and achieving sustainable growth in today's challenging environment.

Peru Bolivia Enhance Customs Ties to Streamline Trade

Peru Bolivia Enhance Customs Ties to Streamline Trade

Customs cooperation between Peru and Bolivia focuses on exchanging experiences in risk management and customs laboratories. The collaboration aims to enhance trade facilitation and promote regional economic development. This includes sharing best practices and exploring collaborative strategies to improve efficiency and security in cross-border trade. The initiative seeks to streamline customs procedures, reduce trade barriers, and foster a more competitive and integrated regional market. Ultimately, this cooperation contributes to economic growth and strengthens ties between the two nations.

Djibouti Modernizes Customs Tariffs to Enhance African Trade

Djibouti Modernizes Customs Tariffs to Enhance African Trade

With support from the World Customs Organization and the European Union, Djibouti is updating its national tariff system to align with the international standard Harmonized System (HS). This initiative aims to enhance trade facilitation, increase fiscal revenue, improve international competitiveness, and promote sustainable development, ultimately positioning Djibouti as a new trade hub in Africa. The modernization of the tariff system is expected to streamline customs procedures and reduce trade barriers, contributing to economic growth and regional integration.