WCO Urges Modernization to Boost Sri Lankas Economy

WCO Urges Modernization to Boost Sri Lankas Economy

WCO Secretary General Kunio Mikuriya's speech at the Postgraduate Institute of Management, Sri Lanka, highlighted the importance of knowledge, communication, and integrity, exploring the role of customs modernization in post-conflict economic reconstruction. Through the Master of Customs Administration program, research seminars, and meetings with government officials and business representatives, the Secretary General emphasized the crucial role of knowledge-driven approaches, public-private partnerships, and international cooperation in building an efficient trade environment. These elements are vital for fostering economic growth and stability in the region.

12/30/2025 Customs Knowledge
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Bahrain Customs Boosts Efficiency with WCO Modernization Support

Bahrain Customs Boosts Efficiency with WCO Modernization Support

With WCO support, Bahrain Customs enhanced its post-clearance audit capabilities through workshops and learned about pre-arrival processing systems to meet WTO's Trade Facilitation Agreement requirements. This initiative aims to optimize customs clearance processes, improve efficiency, and inject new vitality into Bahrain's economic development. The WCO's continued support will help Bahrain Customs modernize and serve as a model for other developing countries. The training focused on risk management and data analysis techniques to improve audit effectiveness and targeting.

01/05/2026 Customs Knowledge
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WCO Backs Ethiopias Customs Modernization with Talent Assessment

WCO Backs Ethiopias Customs Modernization with Talent Assessment

WCO assists Ethiopian Customs in improving human resource management, promoting modernization. Experts recommend optimizing recruitment, training, and performance evaluation, providing a reference for developing countries. The focus is on building a skilled and motivated workforce to support customs reforms and enhance operational efficiency. This initiative aims to strengthen Ethiopia's capacity to effectively manage its borders and facilitate trade, ultimately contributing to economic growth and regional integration. The recommendations offer practical guidance for other developing countries seeking to modernize their customs administrations.

01/07/2026 Customs Knowledge
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WCO Program Boosts Botswana Tax Authoritys Modernization Efforts

WCO Program Boosts Botswana Tax Authoritys Modernization Efforts

The WCO conducted a leadership workshop in Botswana to enhance the management capabilities of the Botswana Unified Revenue Service (BURS), promote tax modernization, and contribute to economic development. The workshop focused on strengthening leadership skills within the BURS to effectively implement modern tax administration practices. This initiative aims to improve revenue collection and ultimately support Botswana's economic growth. Funding for the workshop was provided by Finland, highlighting international cooperation in supporting tax reform and capacity building in developing countries.

01/07/2026 Customs Knowledge
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Schneider Electric Invests 46M in US Manufacturing Modernization

Schneider Electric Invests 46M in US Manufacturing Modernization

Schneider Electric is investing $46 million to upgrade two U.S. factories, aiming to boost production capacity and optimize energy efficiency in response to the rapid growth of the energy management sector. By implementing automation and connected technologies, Schneider Electric is committed to creating smart factories, strengthening its domestic supply chain, and leading the energy management industry towards a more intelligent, efficient, and sustainable future. This investment reflects their dedication to innovation and meeting the increasing demands of the market.

01/16/2026 Logistics Industry Insights
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ERP Modernization Key Challenges and Strategies for Success

ERP Modernization Key Challenges and Strategies for Success

ERP modernization is crucial for digital transformation, yet its success rate remains low. Key considerations include cost, user adoption, and customization challenges. To improve success, businesses should prioritize standardized solutions and leverage cloud computing for scalability and flexibility. A well-planned ERP upgrade can streamline operations, improve data visibility, and ultimately drive business growth, but careful planning and execution are essential to avoid costly delays and disruptions.

01/16/2026 Logistics Industry Insights
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Global Air Traffic Modernization Plan Unveiled by IATA

Global Air Traffic Modernization Plan Unveiled by IATA

IATA's ASBU (Aviation System Block Upgrade) plan aims to enhance the interconnectedness of airspaces and improve efficiency, safety, and sustainability by modularly upgrading ATM (Air Traffic Management) systems. This approach allows for incremental improvements and facilitates seamless integration of new technologies. The ASBU framework provides a roadmap for modernizing air traffic control infrastructure globally, leading to optimized flight paths, reduced delays, and a more environmentally friendly aviation sector. Ultimately, the plan seeks to create a more efficient and resilient global air transportation network.

01/20/2026 Logistics Industry Insights
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WCO Advances Customs Modernization with Updated ECP Plan

WCO Advances Customs Modernization with Updated ECP Plan

The WCO's revised Phase IV of the ECP Action Plan aims to advance global customs modernization and promote trade facilitation and security. This is achieved through initiatives like compiling transit trade best practices, revising data model guidelines, focusing on Small Island Economies, researching Special Customs Zones, reviewing the Kyoto Convention, exploring rail customs procedures, developing PLACI guiding principles, aligning AEO with ICAO programs, and updating the disruptive technology report. These efforts collectively contribute to a more efficient and secure global trade environment.

01/20/2026 Customs Knowledge
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Antigua and Barbuda Customs Launches Fiveyear Modernization Plan

Antigua and Barbuda Customs Launches Fiveyear Modernization Plan

Antigua and Barbuda Customs is implementing a five-year strategy in response to the World Customs Organization's Mercator Program. This initiative aims to modernize customs operations, promote economic development, and enhance international competitiveness. The strategic plan focuses on streamlining processes, improving efficiency, and aligning with global best practices. By embracing international standards and modern technologies, Antigua and Barbuda Customs seeks to facilitate trade, strengthen border security, and contribute to the nation's sustainable economic growth. This modernization effort is crucial for attracting investment and fostering a more competitive business environment.

01/20/2026 Customs Knowledge
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WCO Launches New Framework for Sustainable Customs Modernization

WCO Launches New Framework for Sustainable Customs Modernization

The World Customs Organization (WCO) has launched a new paradigm for capacity building, emphasizing shared responsibility and results-orientation. This approach aims to ensure that capacity building support translates into sustainable improvements and fosters institutional transformation through precise needs assessments, blended learning, and effective impact evaluations. Experts are calling for the utilization of WCO assessment tools to overcome data challenges and collaboratively address issues within capacity building. The goal is to ensure capacity building efforts lead to tangible and lasting positive change within customs administrations.

02/12/2026 Customs Knowledge
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