Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

The World Customs Organization, in collaboration with the OECD and the World Bank Group, held an Asia-Pacific seminar focusing on the nexus between customs valuation and transfer pricing. The conference emphasized the need for enhanced information sharing and collaborative supervision between tax and customs authorities to address challenges posed by related-party transactions. This aims to improve cross-border trade compliance, enhance tax collection efficiency, and build a more efficient cross-border trade regulatory system. The discussions highlighted practical approaches and best practices for effective collaboration.

12/30/2025 Customs Knowledge
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Central American Customs Boost Global Trade with New Partnerships

Central American Customs Boost Global Trade with New Partnerships

The Heads of Customs Administrations of the Americas and the Caribbean Conference was held in Guatemala, focusing on global connectivity, risk management, and customs-business cooperation. The importance of the Revised Kyoto Convention was emphasized. Guatemala was elected as the new WCO Regional Vice-Chair. The conference promoted regional customs cooperation and pointed the way for global trade facilitation. It addressed key challenges and opportunities in the region, aiming to enhance efficiency and security in international trade flows. The discussions highlighted the need for collaborative efforts to streamline customs procedures.

12/30/2025 Customs Knowledge
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WCO Advances Global Trade With Single Window Data Model

WCO Advances Global Trade With Single Window Data Model

The World Customs Organization Data Model (WCO DM) is crucial for global trade facilitation. By establishing unified data standards and electronic messages, it simplifies cross-border regulatory processes, reduces costs for businesses and governments, and promotes information sharing and risk management. Ultimately, it enables an efficient “Single Window” environment, contributing to accelerated global trade. The WCO DM streamlines interactions between traders and regulatory agencies, enhancing transparency and predictability in international trade operations. Its adoption fosters greater efficiency and competitiveness within the global marketplace.

12/30/2025 Customs Knowledge
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BMC Shipping Leads Middle Eastindia Trade with Enhanced Logistics

BMC Shipping Leads Middle Eastindia Trade with Enhanced Logistics

BMC Shipping is a leading integrated shipping company in the Middle East, deeply rooted in the Middle East-Indian Subcontinent route. It has established a dense transportation network connecting 20 countries and 50 ports. With its unique advantages in cold chain transportation, multimodal transport, and localized services, coupled with continuous technological innovation and excellent customer service, BMC Shipping has become a benchmark enterprise in the regional logistics market. The company provides comprehensive shipping solutions and consistently strives to enhance its service offerings to meet the evolving needs of its clients.

01/07/2026 Shipping Company Encyclopedia
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Toronto Pearson Boosts Global Trade with Strategic Logistics Hub

Toronto Pearson Boosts Global Trade with Strategic Logistics Hub

Toronto Pearson International Airport serves as a crucial air hub connecting North America, Asia, and Europe. This guide details its geographical location, route network, cargo capacity, customs clearance efficiency, warehousing services, and surrounding facilities. It aims to assist businesses and individuals in leveraging the airport's strengths to optimize supply chains, enhance trade competitiveness, and enjoy convenient travel experiences. The airport's strategic location and comprehensive services make it a vital link in global commerce and passenger transportation.

01/06/2026 Airport Codes
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WCO Boosts Trade Security with Training for Francophone Nations

WCO Boosts Trade Security with Training for Francophone Nations

The World Customs Organization (WCO) Strategic Trade Control Enforcement (STCE) project held a 'Train the Trainer' workshop for French-speaking countries. The aim was to enhance customs enforcement capabilities in strategic goods trade control and prevent the illicit cross-border movement of weapons of mass destruction and related items. Participants acquired core knowledge of strategic trade controls, enforcement skills, and training techniques, laying the foundation for a multilingual team of experts. This initiative strengthens global efforts to combat proliferation and secure international trade supply chains.

01/05/2026 Customs Knowledge
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Armenia Modernizes Customs with WCO Support to Boost Trade

Armenia Modernizes Customs with WCO Support to Boost Trade

The World Customs Organization (WCO) is assisting Armenia in developing a Mercator Implementation Plan. This plan aims to comprehensively improve customs clearance efficiency and trade facilitation in Armenia by optimizing key areas such as advance rulings, risk management, and the single window system. The initiative is expected to inject new vitality into Armenia's economic development by streamlining trade processes and reducing associated costs. The focus is on modernizing customs procedures to align with international best practices and facilitate smoother cross-border trade.

01/05/2026 Customs Knowledge
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Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

The SECO-WCO Global Trade Facilitation Programme continues to support Uzbekistan in implementing the WTO's Trade Facilitation Agreement. Through workshops and other initiatives, the program focuses on key areas such as advance rulings, risk management, and cooperation between border agencies. Uzbekistan is actively responding, dedicating efforts to process optimization and capacity building to improve trade efficiency and integrate into the global economy. The country aims to streamline procedures and enhance its capabilities to facilitate smoother and faster trade flows, ultimately boosting its economic competitiveness.

01/05/2026 Customs Knowledge
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Serbia Boosts Customs Efficiency with WTO Swiss Trade Aid

Serbia Boosts Customs Efficiency with WTO Swiss Trade Aid

With the support of the World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO), Serbian Customs is upgrading its Authorized Economic Operator (AEO) program. This aims to improve customs clearance efficiency and attract more business participation. Through capacity building, strategic optimization, and dialogue with the private sector, Serbia's AEO program will better align with international standards, providing businesses with a more convenient trading environment and promoting economic development. The upgrades focus on streamlining processes and enhancing security within the supply chain.

01/05/2026 Customs Knowledge
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Gambia Enhances Trade Efficiency with Wcobacked Time Release Study

Gambia Enhances Trade Efficiency with Wcobacked Time Release Study

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in conducting a Time Release Study (TRS) to enhance trade facilitation. Through workshops and technical assistance, the WCO helped Gambia identify bottlenecks in cargo clearance, optimize customs procedures, and align with the WTO's Trade Facilitation Agreement (TFA). The ultimate goal is to improve the business environment and promote sustainable economic development in Gambia. The TRS aims to streamline processes and reduce the time and cost associated with importing and exporting goods.

01/05/2026 Customs Knowledge
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