Latin America Trade Grows with Enhanced Tax Customs Program

Latin America Trade Grows with Enhanced Tax Customs Program

The IMF and the Spanish Institute for Fiscal Studies jointly concluded a senior seminar on tax and customs administration in Central and South America. This seminar aimed to enhance the strategic skills of tax and customs officials in the region. Using a blended online and offline format, the course covered various aspects of tax and customs management. A fifth session is planned for late November, focusing on developing modern management skills and improving voluntary compliance. The program is designed to foster more effective and efficient tax and customs systems.

Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

Gambia Enhances Customs Efficiency with WCO Trade Facilitation Support

The World Customs Organization (WCO) supported the Gambia Revenue Authority (GRA) in hosting a Time Release Study (TRS) workshop to enhance trade facilitation. Through expert guidance, practical exercises, and action plan development, Gambia aims to establish a trade facilitation baseline, improve its business environment, and comply with the WTO Trade Facilitation Agreement. The TRS will precisely identify customs clearance bottlenecks, optimize processes, reduce costs, and enhance business competitiveness.

World Customs Organization Enhances Trade with Time Release Study

World Customs Organization Enhances Trade with Time Release Study

The World Customs Organization (WCO) actively promotes the Time Release Study (TRS) to enhance global trade efficiency and accelerate the implementation of the WTO Trade Facilitation Agreement (TFA). TRS quantifies the time taken for goods clearance, helping countries identify bottlenecks and optimize processes. The WCO encourages members to share their TRS experiences and explore its application in international trade corridors. Furthermore, it aims to promote TRS as a global tool to drive trade facilitation worldwide.

EUWCO Project Supports African Free Trade with Harmonized Rules

EUWCO Project Supports African Free Trade with Harmonized Rules

The EU-WCO Rules of Origin Africa Programme aims to support the African Continental Free Trade Area (AfCFTA) by 2025. It focuses on finalizing the rules of origin, harmonizing key African origin regimes, and developing a community of practice for rules of origin. This initiative is expected to lay the groundwork for economic prosperity in Africa by facilitating trade and ensuring the smooth implementation of the AfCFTA agreement. The program will contribute to a more predictable and transparent trade environment across the continent.

Baiyun Network Boosts Shenzhens Global Trade with Logistics Innovation

Baiyun Network Boosts Shenzhens Global Trade with Logistics Innovation

Buyun.com leverages Shenzhen's strategic location and policy support, utilizing technology and resource integration to create fast, intelligent, transparent, and cost-effective cross-border logistics services. Its AI logistics hub and global network connect over 220 countries and regions, helping businesses transform "Shenzhen Speed" into global competitiveness. They provide a platform that streamlines the process, offering optimized routes and real-time tracking, ultimately enabling businesses to efficiently expand their reach and deliver products faster to international markets.

WCO Enhances Zimbabwes Trade Facilitation with Better Project Management

WCO Enhances Zimbabwes Trade Facilitation with Better Project Management

WCO training helps Zimbabwe Revenue Authority (ZIMRA) enhance its project management capabilities to better implement the WTO Trade Facilitation Agreement. ZIMRA places great importance on project governance and looks forward to continued cooperation with the WCO. This initiative aims to improve efficiency and effectiveness in customs procedures, contributing to smoother trade flows and economic growth in Zimbabwe. By strengthening project management skills, ZIMRA can effectively manage and implement various trade facilitation initiatives, ultimately benefiting businesses and the overall economy.

Algeria Boosts Trade Security with Dutch Customs Lab Aid

Algeria Boosts Trade Security with Dutch Customs Lab Aid

Algerian experts visited the Netherlands to study customs laboratories, aiming to adopt best practices for building a modern customs laboratory in Algeria. The visit focused on work organization, infrastructure, and technology application, with a deep dive into the laboratory's role in tariff classification. This initiative is part of the EU-World Customs Organization (WCO) HS-Africa Programme, designed to enhance customs management in African countries, promoting trade facilitation and security. The knowledge gained will contribute to Algeria's efforts to improve its customs procedures and efficiency.

Nicaragua Launches AEO Trade Security Pilot with NORAD Support

Nicaragua Launches AEO Trade Security Pilot with NORAD Support

With support from the Norwegian Agency for Development Cooperation (NORAD) and the World Customs Organization (WCO), Nicaraguan Customs launched an Authorized Economic Operator (AEO) pilot program. This initiative aims to optimize customs procedures and enhance trade security and efficiency through capacity building and Time Release Study (TRS). The program seeks to streamline the flow of goods, reduce release times, and contribute to Nicaragua's economic development by fostering a more secure and efficient trading environment. Ultimately, the AEO program is expected to boost international trade and investment.

GIZ WCO Boost Gambia Trade with New Customs Tools

GIZ WCO Boost Gambia Trade with New Customs Tools

GIZ Germany, in collaboration with the WCO, is supporting Gambia in enhancing trade facilitation. The project focuses on optimizing risk management, strengthening inter-agency cooperation, and utilizing the WCO Time Release Study tool. The aim is to reduce cargo clearance times, improve trade efficiency, and ultimately promote economic development in Gambia. This initiative seeks to streamline customs procedures and create a more competitive trading environment for the country.

Cape Verde Customs Boosts Trade Efficiency with Wcobacked Study

Cape Verde Customs Boosts Trade Efficiency with Wcobacked Study

The World Customs Organization (WCO), through the WACAM project, supported Cape Verde Customs in preparing its first Time Release Study (TRS) to improve clearance efficiency and comply with the WTO Trade Facilitation Agreement. A workshop facilitated collaboration between customs officials and stakeholders, leading to the development of an action plan. This initiative not only enhances trade facilitation in Cape Verde but also provides a valuable reference for other developing countries. The TRS aims to identify bottlenecks and streamline processes for faster goods release.