Bolivia Optimizes Trade with SECOWCO Goods Release Study

Bolivia Optimizes Trade with SECOWCO Goods Release Study

The SECO-WCO Global Trade Facilitation Programme (GTFP) supported Bolivia in conducting a Time Release Study (TRS) to improve trade efficiency and comply with the WTO Trade Facilitation Agreement. Through expert guidance, questionnaire optimization, and pilot testing, the GTFP helped Bolivia identify bottlenecks in goods release and optimize operational procedures. This support contributes to trade facilitation and economic development by streamlining processes and improving efficiency within Bolivia's trade system. The TRS provides valuable insights for further improvements.

Fiji Enhances Trade with Streamlined Customs Process

Fiji Enhances Trade with Streamlined Customs Process

The World Customs Organization (WCO) conducted a workshop in Fiji to support Fiji Customs in implementing the Time Release Study (TRS), aligning with the World Trade Organization (WTO) Trade Facilitation Agreement (TFA). Through training and collaboration, Fiji aims to optimize cargo clearance processes, promote trade facilitation, and improve the business environment. The TRS will help identify bottlenecks and areas for improvement in the customs clearance process, ultimately leading to faster and more efficient trade.

Global Supply Chains Face Bottlenecks Amid Port Delays Labor Gaps

Global Supply Chains Face Bottlenecks Amid Port Delays Labor Gaps

This Logistics Management podcast features JLL expert Rich Thompson discussing global supply chain challenges like port congestion and labor shortages, exacerbated by the COVID-19 pandemic. Thompson advises businesses to diversify sourcing, improve inventory management, and optimize logistics distribution to build more resilient supply chains. He emphasizes proactive strategies to mitigate disruptions and enhance operational efficiency in the face of ongoing uncertainties. The interview provides valuable insights for navigating the complexities of the current global logistics landscape and building a more robust supply chain network.

Burkina Faso Customs Enhances Trade Via WCO Time Release Study

Burkina Faso Customs Enhances Trade Via WCO Time Release Study

Burkina Faso Customs, with the support of the WCO's WACAM project, conducted its first Time Release Study (TRS) to identify clearance bottlenecks and improve efficiency. The WCO provided training and technical assistance to help Burkina Faso implement the WTO Trade Facilitation Agreement, improve the business environment, and promote trade development. The TRS, through data analysis, provides Customs with improvement measures to reduce trade costs and enhance international competitiveness.

Armenia Enhances Trade Via Customs Time Release Study

Armenia Enhances Trade Via Customs Time Release Study

The WCO organized a TRS workshop in Armenia to enhance customs efficiency and promote trade facilitation. The workshop aimed to improve the effectiveness of Armenian customs procedures. Through the Time Release Study (TRS), bottlenecks were identified and action plans were developed to address them. This initiative aligns with WTO requirements for trade facilitation and contributes to streamlining cross-border trade processes. The TRS provides valuable insights for optimizing customs operations and reducing delays, ultimately benefiting businesses and consumers.

Philippines Customs Enhances Trade Via WCO Time Release Study

Philippines Customs Enhances Trade Via WCO Time Release Study

The Philippines has launched a National Time Release Study (TRS) in collaboration with the World Customs Organization (WCO) to optimize import and export clearance processes for sea cargo. The study aims to identify bottlenecks, enhance efficiency, and provide evidence-based recommendations for reforms, ultimately boosting the Philippines' trade competitiveness and fulfilling its obligations under the WTO Trade Facilitation Agreement. The final report is expected by the end of 2025, laying the groundwork for sustainable trade facilitation.

Bahamas Adopts WCO Study to Modernize Customs Efficiency

Bahamas Adopts WCO Study to Modernize Customs Efficiency

The World Customs Organization (WCO) assisted Bahamas Customs in conducting its first Time Release Study (TRS) to identify clearance bottlenecks, optimize processes, and improve efficiency. With WCO training and technical support, the Bahamas aims to significantly reduce clearance times, lower trade costs, and meet the requirements of the WTO Trade Facilitation Agreement. This initiative is expected to promote economic growth and enhance the country's international image by streamlining customs procedures and fostering a more efficient trade environment.

WCO Backs Cape Verde in Landmark Customs Efficiency Study

WCO Backs Cape Verde in Landmark Customs Efficiency Study

The World Customs Organization (WCO), through the WACAM project, supported the Cape Verde Customs Administration (CVCA) in conducting its first Time Release Study (TRS) to improve clearance efficiency and optimize trade processes. The workshop brought together stakeholders to develop an action plan, assisting Cape Verde in fulfilling the World Trade Organization's Trade Facilitation Agreement, improving the business environment, and promoting economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline customs procedures and reduce release times.