WCO and OASIS Collaborate to Standardize Global Trade Tech

WCO and OASIS Collaborate to Standardize Global Trade Tech

The World Customs Organization (WCO) and the Organization for the Advancement of Structured Information Standards (OASIS) signed a Memorandum of Understanding to promote the adoption of technical standards by governments and the public sector worldwide, particularly in customs. This collaboration aims to streamline customs procedures and enhance trade efficiency using open IT technologies, ultimately building a secure and efficient supply chain. This signifies the dawn of a new era in trade driven by technical standards, fostering greater interoperability and transparency in global commerce.

ISSA and AEO Certification Boost Global Trade Security

ISSA and AEO Certification Boost Global Trade Security

The ISSA Council discussed the integration of the ISSA Standard with the World Customs Organization's (WCO) Authorized Economic Operator (AEO) concept. By combining ISSA's quality standards with AEO certification, the aim is to enhance supply chain security, customs clearance efficiency, and business competitiveness, thereby facilitating global trade and healthy development. This collaboration will contribute to establishing a more transparent, efficient, and secure international trade environment. The synergy aims to streamline processes and foster trust among stakeholders within the global supply chain.

Turkey Clarifies Binding Tariff Rules for Importexport Trade

Turkey Clarifies Binding Tariff Rules for Importexport Trade

This article provides an in-depth analysis of Turkey's Binding Tariff Information (BTI) system, explaining its definition, validity, application process, invalidation scenarios, and significance. It emphasizes the crucial role of BTI in reducing tariff risks, improving customs clearance efficiency, and enhancing trade certainty. The article also offers recommendations on how businesses can fully leverage the BTI system to achieve success in the Turkish market. By understanding and utilizing BTI, companies can navigate the complexities of Turkish customs regulations and optimize their trade operations.

Fiji Introduces Preruling System for Trade Compliance

Fiji Introduces Preruling System for Trade Compliance

The Fiji Customs Advance Ruling system aims to provide importers with a clear and predictable customs clearance process. By applying for a ruling in advance, businesses can reduce trade risks, improve customs efficiency, and enhance compliance. This paper details the application process, relevant regulations, advantages, and disadvantages of the Fiji Advance Ruling system. It aims to help businesses better utilize the system and promote trade facilitation. The advance ruling system helps to clarify tariff classification, origin, and valuation, leading to smoother import operations.

Mongolia Enhances Customs Audits with Wcobacked System

Mongolia Enhances Customs Audits with Wcobacked System

The World Customs Organization (WCO) is assisting Mongolian Customs in building an effective Post Clearance Audit (PCA) system to enhance regulatory efficiency, increase revenue collection, and promote trade facilitation. Through diagnostic missions and workshops, the WCO is tailoring solutions for Mongolian Customs, emphasizing internal process optimization, multi-agency cooperation, and voluntary compliance by businesses. This initiative aims to modernize Mongolian Customs and improve its overall performance in line with international standards, ultimately contributing to a more efficient and transparent trade environment.

Uzbekistan Boosts Customs Audits with Maldives Expertise

Uzbekistan Boosts Customs Audits with Maldives Expertise

Supported by the SECO-WCO Global Trade Facilitation Programme, a delegation from Uzbekistan Customs visited the Maldives to study post-clearance audit. Through experience exchange and practical exercises, Uzbekistan learned about the Maldives' best practices in risk management and trader compliance. Adapting these practices to their own context, Uzbekistan developed reform plans to improve its national post-clearance audit system and promote trade facilitation. The visit focused on building capacity and understanding practical implementation of modern audit techniques for enhanced efficiency.

WCO Framework Enhances Customs Efficiency in Burundi

WCO Framework Enhances Customs Efficiency in Burundi

The World Customs Organization (WCO) is assisting Burundi Customs in building a national risk management framework to improve clearance efficiency and promote trade facilitation. By developing risk management policies, strategies, and action plans, and aligning them with regional frameworks, Burundi will be better positioned to implement its AEO program and fulfill its commitments under the WTO Trade Facilitation Agreement. This initiative aims to contribute to Burundi's sustainable economic development by enhancing customs operations and fostering a more predictable and efficient trading environment.

US Truck Import Probe Sparks Trade Protectionism Fears

US Truck Import Probe Sparks Trade Protectionism Fears

The U.S. Department of Commerce has initiated a Section 232 investigation into truck imports, raising concerns about rising trade protectionism. This action could increase costs for the trucking industry, exacerbating weak demand and overcapacity. Companies need to diversify procurement, improve efficiency, and expand services to cope. The investigation may also trigger trade friction, hindering global economic recovery, and requiring vigilance against the negative impacts of tariffs. The potential for retaliatory measures and disruptions to supply chains necessitates careful monitoring of the situation.

Guyana Boosts Customs Oversight After WCO Audit Review

Guyana Boosts Customs Oversight After WCO Audit Review

At the request of the Government of Guyana, the World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in October 2018. Through consultations with the Guyana Revenue Authority - Customs and Trade Administration and external stakeholders, the WCO aimed to assist the country in establishing a robust PCA system. This initiative seeks to enhance customs control capabilities, promote trade facilitation, and support Guyana's sustainable economic development. The ultimate goal is to improve compliance and efficiency in customs procedures.

Rwandair Targets Ecommerce Logistics Dominance in East Africa

Rwandair Targets Ecommerce Logistics Dominance in East Africa

RwandAir, an emerging aviation hub in East Africa, is creating value for global trade partners through its flexible network, innovative digital tools, and robust operations. By upgrading its fleet, implementing a digital strategy, and committing to sustainable development, RwandAir is strengthening its market position and contributing to the growth of e-commerce in Africa. The airline's strategic initiatives aim to enhance connectivity and efficiency, positioning Rwanda as a key player in the region's logistics landscape and fostering economic development through increased trade opportunities.

12/30/2025 Airlines
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