Developing Nations Push for Flexible Trade Rules in WTO Talks

Developing Nations Push for Flexible Trade Rules in WTO Talks

China, India, Pakistan, and Sri Lanka jointly called for attention to the special circumstances of developing countries in trade facilitation negotiations. They emphasized commitment flexibility, technical assistance, and the applicability of dispute resolution mechanisms. Recommendations included modular commitments, establishing a technical assistance coordination mechanism, and introducing pre-dispute resolution procedures. The aim is to build a more flexible and pragmatic implementation framework, fostering shared global trade prosperity. This approach seeks to ensure that trade facilitation measures are implemented in a way that is supportive of developing countries' needs and capacities.

02/06/2026 Customs Knowledge
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Global Customs Body Tackles Trade Tech Gender Gaps Island Economies

Global Customs Body Tackles Trade Tech Gender Gaps Island Economies

The 221st/222nd meetings of the WCO Permanent Technical Committee focused on the development of Small Island Economies, Gender Equality, and the application of Technological Foresight. Discussions centered on customs procedures and trade facilitation. The meeting emphasized support for Small Island Economies, highlighted the advancement of women in information technology, and explored the application of technologies like blockchain in customs. The outcomes provide valuable insights and recommendations for the Policy Commission.

02/06/2026 Customs Knowledge
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WCO Launches Global Network to Promote Gender Equality in Trade

WCO Launches Global Network to Promote Gender Equality in Trade

The World Customs Organization (WCO) has launched the Gender Equality and Diversity Network to promote gender equality and diversity in global trade. By sharing experiences and providing tools and resources, the WCO aims to empower women, break down trade barriers, and build a more equitable, inclusive, and sustainable global trade system. This initiative is a proactive response to the UN's theme of 'Gender equality today for a sustainable tomorrow' and a significant milestone in the WCO's long-standing efforts to promote inclusivity and fairness in international commerce.

02/06/2026 Customs Knowledge
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Global Customs Body Advocates Standard File Format for Trade Security

Global Customs Body Advocates Standard File Format for Trade Security

The WCO promotes the Unified File Format (UFF) to break down barriers in Non-Intrusive Inspection (NII) data and build smart borders. It encourages testing of UFF 2.0 and planning for UFF 3.0, aiming to enhance the security and efficiency of global trade. This initiative facilitates seamless data exchange and interoperability, ultimately improving border control and risk management through standardized data formats and procedures. The UFF aims to streamline customs processes and foster greater collaboration among border agencies worldwide.

02/06/2026 Customs Knowledge
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China Strengthens Steel Export Rules to Boost Quality Trade Fairness

China Strengthens Steel Export Rules to Boost Quality Trade Fairness

The Ministry of Commerce and the General Administration of Customs jointly announced that export license management will be implemented for certain steel products starting January 1, 2026. This measure aims to regulate steel export trade, improve product quality, and maintain international trade order. Exporters will be required to provide export contracts and quality certificates when applying for licenses. The implementation of the new regulations will promote the healthy development of the industry.

01/15/2026 Customs Knowledge
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Sea Vs Air Balancing Cost and Speed in Global Trade

Sea Vs Air Balancing Cost and Speed in Global Trade

This paper delves into the core differences between international sea and air freight, encompassing transportation carriers, transit times, costs, and suitable cargo types, while providing a selection guide. Businesses should comprehensively consider factors such as time sensitivity, cargo attributes and volume, cost budget, and destination port when choosing the most appropriate cross-border transportation method. The analysis helps businesses optimize their supply chain by making informed decisions regarding sea versus air freight based on their specific needs and priorities.

01/15/2026 Logistics Encyclopedia
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Global Trade Guide Key Tax and Compliance Terms for Shipping

Global Trade Guide Key Tax and Compliance Terms for Shipping

This article delves into the application of VAT/EORI in European and American customs clearance for international express shipments. Regarding Europe, it elaborates on the rules and scenario-specific requirements of EORI and VAT, as well as the role of IOSS. For the United States, it highlights the importance of EIN/SSN and IOR, emphasizing the criticality of compliant declaration. This guide helps you master the regulations and navigate global shipping smoothly.

01/15/2026 Customs Knowledge
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Yuans Yearend Rally Prompts Forex Strategy Shifts for Trade Firms

Yuans Yearend Rally Prompts Forex Strategy Shifts for Trade Firms

This article analyzes the RMB exchange rate trend in 2025, discussing the impact of the year-end settlement peak on the RMB exchange rate. Combining predictions from multiple securities institutions and the policy stance, it provides reasonable settlement strategy recommendations for foreign trade enterprises. The aim is to help companies cope with exchange rate fluctuations and achieve stable operations.

12/12/2025 Exchange Rate Query
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US Chamber Touts USMCA As Vital for North American Trade

US Chamber Touts USMCA As Vital for North American Trade

The U.S. Chamber of Commerce has reiterated its strong support for the USMCA in a new letter to the USTR. The USMCA guarantees U.S. businesses tariff-free access to the Canadian and Mexican markets, fostering a level playing field and enabling companies to expand within North America. This agreement is crucial for enhancing the global competitiveness of American businesses. It serves as a key to unlocking opportunities in the North American market.

01/15/2026 Customs Knowledge
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Oman Customs Adopts WCO SAFE Framework to Boost Trade Security

Oman Customs Adopts WCO SAFE Framework to Boost Trade Security

In 2015, the World Customs Organization (WCO) assisted Oman Customs in implementing the SAFE Framework and AEO program. Through workshops, Oman Customs officials gained a deeper understanding of supply chain security, customs-business partnerships, and the AEO implementation process, leading to the development of action plans. This initiative aims to enhance Oman's trade security and facilitation, strengthen its international competitiveness, and promote economic development. The implementation of SAFE and AEO will contribute to a more secure and efficient trade environment for Oman.

01/07/2026 Customs Knowledge
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