Central America Adopts Kyoto Convention to Modernize Customs

Central America Adopts Kyoto Convention to Modernize Customs

The Swiss State Secretariat for Economic Affairs (SECO)-World Customs Organization Global Trade Facilitation Programme (GTFP) launched an assistance program in Central America to help countries adopt the Revised Kyoto Convention, simplify customs procedures, and promote trade facilitation. Through workshops, self-assessments, and capacity building, the project will support Central America in improving customs management and integrating into the global trade system. The initiative aims to enhance efficiency and transparency in customs operations across the region.

Albania Joins Kyoto Convention to Enhance Trade

Albania Joins Kyoto Convention to Enhance Trade

Albania's accession to the Revised Kyoto Convention brings the number of contracting parties to 86, further promoting global trade facilitation. The Convention aims to reduce trade costs and improve customs clearance efficiency by simplifying customs procedures, applying information technology, implementing risk management, and strengthening international cooperation. This provides new impetus for global economic development. The revised Kyoto Convention is a key instrument for harmonizing and simplifying customs procedures worldwide, contributing to a more efficient and predictable international trade environment.

New Shenzhentaiwan Shipping Route Enhances Crossstrait Trade

New Shenzhentaiwan Shipping Route Enhances Crossstrait Trade

The Shenzhen-Taiwan dedicated shipping line serves as a vital trade route connecting both sides of the Taiwan Strait. By optimizing schedules, simplifying procedures, and improving efficiency, it accelerates cross-strait economic and trade exchanges. This dedicated line covers major ports in Taiwan, offers a variety of vessel options, ensures fast transit times, and provides convenient operations. It is a crucial choice for businesses connecting to both markets across the strait, facilitating smoother and faster trade.

01/26/2026 Logistics
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Djibouti Modernizes Customs Tariffs to Enhance African Trade

Djibouti Modernizes Customs Tariffs to Enhance African Trade

With support from the World Customs Organization and the European Union, Djibouti is updating its national tariff system to align with the international standard Harmonized System (HS). This initiative aims to enhance trade facilitation, increase fiscal revenue, improve international competitiveness, and promote sustainable development, ultimately positioning Djibouti as a new trade hub in Africa. The modernization of the tariff system is expected to streamline customs procedures and reduce trade barriers, contributing to economic growth and regional integration.

Lesotho Boosts Customs Valuation Via WCO Training Program

Lesotho Boosts Customs Valuation Via WCO Training Program

The WCO conducted customs valuation training in Lesotho to enhance the country's capacity, promote trade facilitation, and support the implementation of WTO agreements, ultimately improving the trade environment. This initiative aimed to strengthen Lesotho's ability to accurately assess the value of imported goods, leading to increased revenue collection and reduced trade barriers. By building local expertise in customs valuation, the WCO's training contributes to a more transparent and efficient trading system, fostering economic growth and regional integration.

Ocean Freight and Customs Fees Avoiding Hidden Trade Costs

Ocean Freight and Customs Fees Avoiding Hidden Trade Costs

Although both shipping fees and customs fees are part of international logistics, they differ in nature, collection parties, and calculation methods. Shipping fees mainly pertain to maritime transport costs, while customs fees are related to customs declaration services. Understanding the composition of these fees helps avoid hidden costs and enhances the effectiveness of logistics cost management.

HS Codes for Bamboo and Rattan Trade Key Guidelines

HS Codes for Bamboo and Rattan Trade Key Guidelines

This article provides a comprehensive analysis of the HS codes for bamboo and rattan products, covering bamboo, rattan, and other parts and materials from these plants. It aims to help exporters understand market demands and regulatory requirements, ensuring smooth customs clearance for their products.

Luxury Watch Trade Decoding HS Codes and Global Markets

Luxury Watch Trade Decoding HS Codes and Global Markets

The article delves into the HS coding system for luxury watches, providing insights into the classification of precious metal electronic and mechanical watches, as well as the export tax rebate policies. It highlights the significance of understanding this information for both consumers and businesses.