Bosnia Advances Trade Reforms with WCO Eyes WTO Entry

Bosnia Advances Trade Reforms with WCO Eyes WTO Entry

The World Customs Organization (WCO), through its Mercator Programme, supports Bosnia and Herzegovina in implementing the Trade Facilitation Agreement (TFA). A national workshop was held to raise awareness of the TFA among stakeholders, identify implementation priorities, and promote the establishment of a National Committee on Trade Facilitation (NCTF). The workshop focused on the technical measures of the TFA and provided recommendations for Bosnia and Herzegovina's future trade facilitation efforts. This initiative aims to help Bosnia and Herzegovina integrate into the global trading system.

01/05/2026 Customs Knowledge
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Mexico Hong Kong Boost Trade with AEO Mutual Recognition

Mexico Hong Kong Boost Trade with AEO Mutual Recognition

Mexico and Hong Kong signed a Joint Action Plan on AEO Mutual Recognition, aiming to enhance trade facilitation and supply chain security. This initiative will simplify customs clearance procedures and reduce inspection rates, bringing benefits such as improved efficiency, reduced costs, and enhanced security for businesses. It is also expected to promote the global AEO mutual recognition process. The agreement signifies a commitment to streamlining international trade and fostering a more secure and efficient global supply chain.

01/05/2026 Customs Knowledge
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Serbia Boosts Trade Efficiency with WCO Risk Management Aid

Serbia Boosts Trade Efficiency with WCO Risk Management Aid

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), conducted a risk management workshop for Serbian Customs. The aim was to enhance their risk management capabilities, establish a robust risk management system, and improve their risk registry. This initiative will help Serbian Customs improve inspection efficiency, increase transparency, and ultimately facilitate trade, contributing to the country's economic development.

01/05/2026 Customs Knowledge
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Serbia Boosts Trade Efficiency with Customs Time Release Study

Serbia Boosts Trade Efficiency with Customs Time Release Study

Serbian Customs, in collaboration with the World Customs Organization, launched a National Clearance Time Study project. This initiative aims to optimize customs procedures through data analysis, enhancing trade efficiency and the business environment. The project, involving workshops and roadmap planning, identifies challenges, develops improvement measures, and promotes stakeholder engagement. The ultimate goal is to achieve trade facilitation and drive economic growth in Serbia.

01/05/2026 Customs Knowledge
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Botswana Enhances Border Trade with WCO Aid at Mamuno

Botswana Enhances Border Trade with WCO Aid at Mamuno

The World Customs Organization (WCO) is assisting Botswana in implementing a Time Release Study (TRS) at the Mamuno border post to optimize customs clearance processes and establish a One-Stop Border Post (OSBP). Through data collection and analysis, bottlenecks will be identified and recommendations made to improve trade efficiency and promote economic development. The WCO will continue to provide technical support to ensure the successful completion of the TRS. The goal is to streamline border procedures and enhance trade facilitation for Botswana.

01/05/2026 Customs Knowledge
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Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria is upgrading its tariff system in collaboration with the WCO and ECOWAS to prepare for the African Continental Free Trade Area (AfCFTA). This modernization aims to improve trade efficiency, combat smuggling, and promote regional integration. The updated system will streamline customs procedures and enhance compliance with international standards, ultimately facilitating smoother trade flows and contributing to Nigeria's economic growth within the AfCFTA framework. This initiative signifies Nigeria's commitment to leveraging the opportunities presented by the AfCFTA and strengthening its position as a key player in African trade.

01/05/2026 Customs Knowledge
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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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