WCO Adopts New Tech to Transform Global Trade

WCO Adopts New Tech to Transform Global Trade

The WCO conference focused on emerging technologies, updating cross-border e-commerce standards, promoting customs digital transformation, and strengthening international cooperation. Discussions addressed how to leverage technology for trade facilitation while mitigating associated risks. Key priorities included enhancing global trade security and adapting to the challenges posed by disruptive technologies. The conference emphasized the importance of collaboration and innovation in navigating the evolving landscape of international trade and ensuring a secure and efficient global trading system.

01/26/2026 Customs Knowledge
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Cameroon Customs Adopts Digital Tools to Strengthen Supply Chains

Cameroon Customs Adopts Digital Tools to Strengthen Supply Chains

Cameroon Customs, with the support of the WCO and the Government of Japan, held a seminar to enhance disaster response capabilities and promote digital tools to optimize customs clearance processes. This initiative aims to build a more resilient customs system, providing a more stable and efficient trading environment for businesses and fostering economic development in Cameroon. The focus is on strengthening customs' ability to withstand disruptions and leverage technology for improved efficiency and security in international trade.

01/26/2026 Customs Knowledge
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Global Sources Data Fuels Supplier Growth on B2B Platform

Global Sources Data Fuels Supplier Growth on B2B Platform

Global Sources, a B2B platform with 50 years of history, effectively connects global buyers and suppliers through O2O integration and multi-channel services. Its core strength lies in leveraging online and offline resources to provide services such as sourcing live broadcasts, summits, and VIP exclusive events, helping suppliers seize market opportunities and enhance international competitiveness. In the future, Global Sources will continue to utilize data analysis technology to provide more accurate and efficient services for both trading parties.

02/03/2026 Logistics Industry Insights
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Euro Nears Key Resistance Amid Bull Trap Concerns

Euro Nears Key Resistance Amid Bull Trap Concerns

EUR/USD hit a new yearly high, approaching key resistance at 1.1185 and the 200-week moving average, marking its biggest weekly gain since November 2022. This analysis explores technical, fundamental, and sentiment factors influencing the pair's movement. It provides trading strategy recommendations for traders, including breakout, pullback, and waiting strategies. The analysis also reminds traders of the risks associated with forex trading.

02/04/2026 Exchange Rate Query
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The Future of Technology and Logistics Creating Efficient and Secure Supply Chain Solutions

The Future of Technology and Logistics Creating Efficient and Secure Supply Chain Solutions

This article explores how companies can achieve efficient and secure supply chain management through the integration of technology and logistics amidst fierce market competition. By embracing digital transformation and omni-channel integration, businesses can better address component shortages and the demand for rapid delivery. Additionally, partnering with Maersk enhances supply chain efficiency and helps meet sustainability goals.

11/30/-0001 Logistics Industry Insights
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Burkina Faso Adopts Revised Kyoto Convention to Enhance Trade

Burkina Faso Adopts Revised Kyoto Convention to Enhance Trade

Burkina Faso's accession to the Revised Kyoto Convention (RKC) marks progress in global trade facilitation. As a modern customs blueprint, the RKC promotes global trade development by simplifying customs procedures, enhancing transparency, and applying information technology. Countries should actively join and effectively implement the RKC, strengthen international cooperation, address challenges collectively, and build an open and efficient global trading system. The RKC's focus on streamlined processes and technological advancements aims to reduce trade costs and boost economic growth for member nations.

01/30/2026 Customs Knowledge
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Euro and Dollar Clash Over Key 100day Moving Average

Euro and Dollar Clash Over Key 100day Moving Average

EUR/USD is trading within a narrow range, with the 100-day moving average being a key battleground for bulls and bears. Technical analysis suggests that a break below 1.0916 could lead to a test of 1.0886-1.0899, while a break above 1.0942 could target 1.0984. Investors should pay attention to fundamentals and market sentiment, patiently awaiting clear signals and trading in the direction of the prevailing trend.

02/04/2026 Exchange Rate Query
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WCO Committee Outlines Global Customs Modernization Strategy

WCO Committee Outlines Global Customs Modernization Strategy

The 209th/210th sessions of the WCO Permanent Technical Committee focused on the future development of customs, discussing key issues such as e-commerce, information technology, performance measurement, and customs-business partnerships. The meetings aimed to address the challenges posed by emerging technologies and changes in the global trade landscape, building a more efficient, secure, and convenient global trading environment. Discussions centered on how customs administrations can leverage innovation and collaboration to streamline processes and enhance security in the face of evolving trade patterns.

12/30/2025 Customs Knowledge
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WCO Reviews Kyoto Convention to Address Global Trade Challenges

WCO Reviews Kyoto Convention to Address Global Trade Challenges

The 24th Session of the Revised Kyoto Convention (RKC) Management Committee focused on advancing a comprehensive review of the RKC. The meeting assessed the alignment of proposals with the Convention and existing tools to address new global trade challenges such as the pandemic, information technology, e-commerce, and supply chain security. Emphasis was placed on inclusivity, welcoming Liberia, Turkmenistan, and Uzbekistan as new contracting parties. This collective effort contributes to global trade facilitation and security, ensuring the RKC remains relevant and effective in the modern trading environment.

01/22/2026 Customs Knowledge
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Ghana Forms New Customs Committee to Enhance Tema Port Trade

Ghana Forms New Customs Committee to Enhance Tema Port Trade

The Ghana Revenue Authority has established a Joint Customs Consultative Committee at Tema Port. This initiative aims to promote trade facilitation, reduce compliance costs for businesses, and enhance customs efficiency and transparency. The committee will serve as a platform for dialogue and collaboration between the GRA and stakeholders in the trading community. By addressing concerns and streamlining processes, the GRA seeks to create a more efficient and predictable trading environment, ultimately contributing to economic growth.

01/07/2026 Customs Knowledge
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