Revised Kyoto Convention to Enhance Trade Facilitation Postreview

Revised Kyoto Convention to Enhance Trade Facilitation Postreview

The 30th session of the Revised Kyoto Convention (RKC) Management Committee focused on reviewing specific annexes aimed at simplifying customs procedures, reducing trade costs, improving clearance efficiency, and promoting international trade growth. The meeting decided to extend the review period until December 2023 to refine the RKC guidelines and draft annexes. This extension aims to create a more convenient and efficient future for global trade by ensuring the RKC remains a relevant and effective tool for trade facilitation worldwide.

WCO Examines Customs Codes for Sustainable Textile Trade

WCO Examines Customs Codes for Sustainable Textile Trade

The World Customs Organization (WCO) held a seminar exploring the role of the Harmonized System (HS) in facilitating sustainable textile trade. Participants discussed leveraging the HS coding system to identify environmentally friendly textiles, raising practical issues concerning textile waste classification, eco-labeling standards, and incorporating sustainability into product identification. The aim was to promote a greener HS coding system.

Kenya Boosts Trade Efficiency with WCO Customs Program

Kenya Boosts Trade Efficiency with WCO Customs Program

Kenya Customs requested the WCO to conduct an assessment of its trade facilitation measures. The assessment highlighted progress in information availability and risk management. However, improvements are needed in coordination between agencies, capacity building initiatives, and the further development of ICT infrastructure for customs procedures. The report emphasized the importance of addressing these areas to enhance trade efficiency and reduce trade costs for businesses operating in Kenya.

WCO Private Sector Collaborate to Streamline Global Trade

WCO Private Sector Collaborate to Streamline Global Trade

The World Customs Organization (WCO) Private Sector Consultative Group (PSCG) met with the Policy Commission (PC) to discuss key issues including business resumption, data strategy, and Green Customs. The meeting highlighted the critical role of customs during the pandemic and called for the permanent implementation of trade facilitation measures. Participants emphasized leveraging data strategies and Green Customs initiatives to build a sustainable trade system. The importance of strengthening cooperation between customs and the private sector to reshape the global trade landscape was also underscored.

Revised Kyoto Convention Aims to Simplify Global Trade

Revised Kyoto Convention Aims to Simplify Global Trade

The 29th session of the Revised Kyoto Convention Management Committee focused on the comprehensive revision of the Kyoto Convention, discussing 50 potential draft texts related to specific annexes, covering key areas such as goods handling, postal traffic, and relief consignments. The meeting urged all parties to actively participate in promoting trade facilitation and fostering global economic growth. Businesses should closely monitor the revision's progress, optimize business processes, and prepare for the opportunities and challenges brought by the new regulations.

Indonesia Boosts Customs to Rival Asiapacific Trade Hubs

Indonesia Boosts Customs to Rival Asiapacific Trade Hubs

Indonesia and the World Customs Organization (WCO) have signed an agreement to establish a Regional Training Center (RTC) and a Regional Customs Laboratory (RCL) in Indonesia. This initiative aims to enhance the professional skills of customs officers and improve commodity inspection capabilities in the Asia-Pacific region. The goal is to combat smuggling, facilitate trade, and strengthen global supply chain resilience. Indonesia will play a more significant role in regional customs cooperation through these facilities, contributing to improved efficiency and security in international trade.

Global Survey Highlights Trade Facilitation Trends in Customs

Global Survey Highlights Trade Facilitation Trends in Customs

The first International Survey on Customs Administration (ISOCA) report, jointly released by the World Customs Organization (WCO) and the International Monetary Fund (IMF), analyzes the customs administration performance, characteristics, practices, and structural foundations of 51 countries and regions. The report aims to promote trade facilitation, strengthen international cooperation, and improve customs management. It also provides a reference for businesses to understand the customs environment of various countries, reduce trade risks, and improve customs clearance efficiency.

Asiapacific Customs Labs Boost Trade Efficiency Via Training

Asiapacific Customs Labs Boost Trade Efficiency Via Training

Under the cooperation of the World Customs Organization and China Customs, Qingdao successfully hosted the Asia-Pacific Regional Customs Laboratory Affairs Workshop. The aim was to enhance the professional capabilities of customs laboratories in the region and promote trade facilitation and compliance. The workshop covered topics such as commodity classification, analytical techniques, and laboratory management, and included field visits. It strengthened regional cooperation and laid the foundation for future development. The event fostered collaboration and knowledge sharing among participating customs administrations.

Palau Boosts Trade Efficiency with WCO Customs Training

Palau Boosts Trade Efficiency with WCO Customs Training

Palau hosted a WCO tariff classification workshop to enhance customs officials' skills and promote trade facilitation. Through international cooperation, Palau Customs will better align with international standards, contributing to national development goals. This event offers valuable lessons for other developing countries, emphasizing the importance of strengthening customs capacity building. The training aims to improve the accuracy and efficiency of tariff classification, reducing delays and costs associated with international trade. Ultimately, this contributes to a more streamlined and competitive trade environment for Palau.

Gambia Revenue Authority Enhances Trade Via WCO Partnership

Gambia Revenue Authority Enhances Trade Via WCO Partnership

The Gambia Revenue Authority (GRA) is collaborating with the World Customs Organization (WCO) to enhance its national performance measurement system through the implementation of the WCO Performance Measurement Mechanism (PMM), better serving its 2025-2029 strategic plan. This collaboration focuses on trade facilitation measures, such as the AEO program, coordinated border management, and automation, aiming to create a more efficient, transparent, and predictable trading environment, ultimately fostering economic development in The Gambia.