China Introduces 11 Measures to Enhance Crossborder Trade

China Introduces 11 Measures to Enhance Crossborder Trade

The Ministry of Commerce, together with several departments, issued an "Opinion" outlining 11 measures to stabilize foreign trade and investment, deepen economic and trade cooperation under the "Belt and Road" Initiative, and optimize service guarantees. The aim is to promote high-quality development of cross-border trade and investment by strengthening business and financial synergy. Various departments will enhance collaboration, and financial institutions will introduce more supportive plans. This initiative underscores a commitment to fostering a more robust and interconnected global economic landscape.

Wcos SAFE Framework Enhances Global Supply Chain Security

Wcos SAFE Framework Enhances Global Supply Chain Security

The World Customs Organization (WCO) SAFE Conference reviewed the implementation of the SAFE Framework and planned for future development. The conference focused on data strategies, green customs, capacity building, and border coordination. The aim is to build a secure and efficient global trade system. Discussions centered on enhancing supply chain security, promoting trade facilitation, and leveraging data to improve customs operations. The conference emphasized the importance of international collaboration and innovation in addressing emerging challenges and opportunities in global trade.

Bolivia Boosts Customs Efficiency Via Trade Facilitation Project

Bolivia Boosts Customs Efficiency Via Trade Facilitation Project

Under the WCO's global trade facilitation program, a Mercator follow-up mission assessed Bolivian Customs' progress in trade facilitation and provided recommendations for improvement. The evaluation focused on key areas like risk management and advance rulings, engaging actively with stakeholders. Expert advice will help Bolivian Customs refine measures, improve service delivery, and contribute more to economic development. The assessment aimed to identify areas where further progress is needed to streamline procedures and reduce trade costs, ultimately boosting Bolivia's competitiveness in the global market.

WCO Unveils Plan to Modernize Global Trade Systems

WCO Unveils Plan to Modernize Global Trade Systems

The World Customs Organization (WCO) Permanent Technical Committee (PTC) meeting approved several instruments for submission to the Policy Commission (PC) and Council. The meeting focused on topics such as data strategy, trade facilitation, and e-commerce, aiming to improve customs efficiency and promote international trade development. Representatives from the United Kingdom and Indonesia were elected as the new chair and vice-chair, respectively. The approved instruments are expected to further streamline customs procedures and enhance global trade cooperation within the WCO framework.

West and Central Africa Push to Modernize Customs Systems

West and Central Africa Push to Modernize Customs Systems

The 7th Annual Meeting of Capacity Building Focal Points for West and Central Africa focused on customs reform and modernization strategies. Key challenges discussed included leadership, human resources, outsourcing responsibility repatriation, and trade facilitation. The meeting emphasized strengthening regional cooperation and WCO support to enhance customs management, promote regional economic development, and build an efficient and secure global trade system. The discussions aimed to improve the effectiveness and efficiency of customs administrations in the region, ultimately contributing to increased trade and economic growth.

Ningbocleveland Trade Route Boosts Transpacific Commerce

Ningbocleveland Trade Route Boosts Transpacific Commerce

The Ningbo-Cleveland sea freight route is a vital trade channel connecting China and the United States, spanning approximately 11,000 kilometers with a transit time of 30-40 days. Characterized by ample capacity, low cost, and stable transportation, this route handles a variety of goods including machinery, electronics, daily necessities, and agricultural products. It plays a significant role in facilitating trade between the two countries. With growing trade demands, the Ningbo-Cleveland sea freight route holds promising development prospects for the future.

02/05/2026 Logistics
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Global Trade Leaders Discuss Istanbul and ATA Conventions

Global Trade Leaders Discuss Istanbul and ATA Conventions

The 2015 Istanbul Convention Management Committee meeting focused on trade facilitation, discussing the Convention's implementation progress, the eATA project, the TIR Convention, and the WTO's Trade Facilitation Agreement (TFA). The meeting emphasized the compatibility between the Istanbul Convention and the TFA. Discussions also covered revising the Convention's annexes and strengthening customs-business cooperation, aiming to optimize temporary admission procedures and promote global trade development. The committee explored ways to streamline processes and enhance efficiency for businesses utilizing the ATA Carnet system.

WCO Backs Cambodias Customs Modernization Reforms

WCO Backs Cambodias Customs Modernization Reforms

At the request of the General Department of Customs and Excise of Cambodia (GDCE), the World Customs Organization (WCO) conducted an assistance mission to assess the implementation gaps of the WTO Trade Facilitation Agreement (TFA) and help develop a five-year strategic plan. This initiative aims to promote customs modernization in Cambodia, enhance trade facilitation, and inject new impetus into economic development. The WCO will continue to support Cambodia's customs capacity building and strengthen international cooperation to jointly address global trade challenges.

WTO WCO Boost Customs Valuation in St Lucia

WTO WCO Boost Customs Valuation in St Lucia

A joint workshop by the World Trade Organization and the World Customs Organization aimed to enhance Saint Lucia's customs valuation capabilities and optimize its trade environment. The workshop covered topics including the Valuation Agreement, technical analysis, dispute resolution, and risk management. The goal was to improve the expertise and skills of Saint Lucian customs officials, ultimately fostering the country's economic development. By strengthening customs valuation practices, Saint Lucia can promote fair trade and attract investment, contributing to sustainable economic growth.

Bahamas Adopts WCO Program to Modernize Customs Boost Trade

Bahamas Adopts WCO Program to Modernize Customs Boost Trade

The World Customs Organization's (WCO) Mercator Program is assisting the Bahamas Customs Department (BCD) in its customs modernization efforts to support its accession to the World Trade Organization (WTO). Through gap analysis, process optimization, and the establishment of a Single Window system, the program aims to enhance trade facilitation in the Bahamas, strengthen its international competitiveness, and promote economic development. This initiative is crucial for streamlining customs procedures and fostering a more efficient and transparent trade environment in the Bahamas.