WCO Introduces Online Customs Valuation Training for Global Trade

WCO Introduces Online Customs Valuation Training for Global Trade

The World Customs Organization (WCO) has launched a new online learning module on customs valuation on its CLiKC! platform. This module aims to enhance the understanding and application of the WTO Valuation Agreement among global trade professionals. The course covers the six valuation methods and provides performance support tools. Funded by the Korea Customs Cooperation Fund, the English version is now available. This initiative will contribute to international trade development and improve customs valuation capabilities worldwide.

African Customs Labs Adopt Asiapacific Methods to Boost Trade

African Customs Labs Adopt Asiapacific Methods to Boost Trade

African customs laboratory leaders visited the Asia-Pacific region to learn from best practices and enhance their capabilities. Through laboratory visits and experience sharing, the African representatives gained in-depth understanding of the operational models, technological applications, and management methods of regional customs laboratories in the Asia-Pacific. This activity promoted capacity building for African customs laboratories and laid the foundation for regional cooperation, contributing to African trade development and economic prosperity. The visit focused on practical knowledge transfer and establishing future collaborative efforts.

WCO Backs Madagascars AEO Program to Enhance Trade Growth

WCO Backs Madagascars AEO Program to Enhance Trade Growth

With funding from HM Revenue & Customs, the World Customs Organization (WCO) successfully supported Madagascar Customs in implementing its AEO program, aiming to enhance trade facilitation and supply chain security. Through technical exchanges and international experience sharing, the WCO assisted Madagascar in optimizing customs clearance procedures, improving business competitiveness, and promoting sustainable economic development. This collaboration represents another significant demonstration of the WCO's ongoing commitment to capacity building and international cooperation.

WCO Aids Palestine in Trade Facilitation Through Audit Reforms

WCO Aids Palestine in Trade Facilitation Through Audit Reforms

The World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission to Palestine, aiming to enhance Palestinian Customs' PCA capabilities and promote trade facilitation. Through assessments, discussions, and site visits, the WCO provided targeted capacity-building support to Palestinian Customs. This assistance helps Palestine establish a more efficient and transparent customs system, ultimately fostering economic development. The mission focused on identifying areas for improvement and recommending strategies to strengthen their post-clearance audit processes.

El Salvador Introduces AEO Program to Enhance Global Trade

El Salvador Introduces AEO Program to Enhance Global Trade

El Salvador has launched its AEO program, aiming to enhance trade efficiency and security, and promote economic development through the certification of compliant businesses. This initiative represents a significant step towards global trade facilitation, helping El Salvador play a more prominent role in global trade. It also serves as a model for other Central American countries. The program is expected to streamline customs procedures, reduce costs, and attract foreign investment, ultimately boosting El Salvador's competitiveness in the international market.

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

The World Customs Organization (WCO) has released the 2022 edition of the Harmonized System Explanatory Notes (HSEN) in print. This provides practical guidance on technical descriptions and classification of goods, serving as the official interpretation of HS codes. Purchase of the print version includes amendment supplements. An online subscription option is also available through the WCO Trade Tools platform. As a global leader in customs affairs, the WCO assists trade professionals in accurate customs clearance.

WCO Conference Global Customs Push for Green Trade Barriers

WCO Conference Global Customs Push for Green Trade Barriers

The World Customs Organization (WCO) Green Customs Global Conference highlighted customs' crucial role in environmental protection. Through strategic upgrades, round table discussions, and technological innovations, the conference explored topics such as the circular economy, cross-border waste management, and the greening of the Harmonized System (HS). The aim was to promote green trade, enhance regulatory efficiency, strengthen international cooperation, and collectively address environmental challenges, building a global green barrier.

Global Trade Rules to Be Updated Under HS Reform

Global Trade Rules to Be Updated Under HS Reform

The World Customs Organization (WCO) has launched an exploratory study for the strategic review of the Harmonized System (HS) code system. This aims to assess the system's usability, adequacy, and health, while exploring future development strategies. The review addresses new global trade challenges, enhances trade efficiency, and promotes trade facilitation and security. It lays the groundwork for a more efficient, fair, and sustainable global trade system. All parties are encouraged to actively participate and shape the future of the HS system.

Trade Tensions Drive Spike in Shortterm Air Cargo Contracts

Trade Tensions Drive Spike in Shortterm Air Cargo Contracts

Escalating global trade tensions are fueling a surge in short-term contracts within the air freight market. Shippers and freight forwarders favor these agreements to mitigate tariff risks, leading to increased market volatility. Businesses need to closely monitor policy changes, flexibly adjust contract types, and strengthen supply chain management to navigate this uncertainty. The preference for short-term deals reflects a cautious approach amidst ongoing trade disputes, requiring agile strategies to adapt to the evolving landscape and potential disruptions.

Guide to Secure Efficient Container Shipping for Global Trade

Guide to Secure Efficient Container Shipping for Global Trade

This article provides a detailed interpretation of international shipping container loading techniques, covering pre-loading coordination, loading principles, loading methods, precautions, and special situation handling. Mastering these techniques can effectively avoid customs delays caused by loading issues and ensure the smooth export of goods. It emphasizes best practices for securing cargo and optimizing container space to prevent damage and comply with international regulations. The guide aims to improve efficiency and minimize risks associated with container loading in international trade.