Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

Swiss SECO WCO Collaborate to Boost Global Trade Efficiency

The Swiss SECO, in collaboration with the WCO, has launched the "Global Trade Facilitation Programme" with an investment of 5.5 million Swiss francs. This initiative aims to enhance trade competitiveness and integration into the global economy for developing and transition countries, fostering sustainable development. The programme focuses on organizational capacity building, technical assistance, and WCO capacity building support. Bolivia, Colombia, Peru, and Uzbekistan are among the first countries to benefit from this project.

01/20/2026 Customs Knowledge
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Nigeria Customs Adopts WCO System to Boost Trade Efficiency

Nigeria Customs Adopts WCO System to Boost Trade Efficiency

With WCO support, the Nigeria Customs Service upgraded its Post Clearance Audit (PCA) system, strengthening risk management, optimizing trader segmentation, and supporting the implementation of the Authorized Economic Operator (AEO) program. This initiative aims to enhance trade efficiency and promote economic prosperity. Emphasizing data-driven customs management, the project offers valuable lessons for other developing countries looking to modernize their customs operations and improve trade facilitation measures. The focus on risk-based approaches and data analysis is key to achieving tangible improvements in customs performance.

01/20/2026 Customs Knowledge
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DGM Xiamen Enhances Global Trade with Hazardous Goods Expertise

DGM Xiamen Enhances Global Trade with Hazardous Goods Expertise

Xiamen DGM China Ltd., a key part of the DGM global network, specializes in dangerous goods management, offering comprehensive services including identification, packaging, declaration, and training. Based in North Asia and serving the globe, the company leverages a professional team and extensive experience to provide safe and compliant dangerous goods transportation solutions, facilitating global trade development. DGM China is committed to ensuring the secure and lawful shipment of hazardous materials, adhering to international regulations and best practices.

01/20/2026 Logistics Industry Insights
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Jamaican Dollar to Yuan Exchange Tool Aids Crossborder Trade

Jamaican Dollar to Yuan Exchange Tool Aids Crossborder Trade

This article introduces a real-time Jamaican Dollar (JMD) to Chinese Yuan (CNY) exchange rate query tool. It provides the latest exchange rates, trend analysis, currency conversion tables, and common currency exchange rates. The aim is to help users quickly grasp exchange rate information, make informed cross-border transaction decisions, and reduce transaction risks. Both business professionals and travelers can benefit from this resource.

01/20/2026 Exchange Rate Query
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Iran and China Facilitate Rialyuan Trade for Crossborder Payments

Iran and China Facilitate Rialyuan Trade for Crossborder Payments

Say goodbye to complicated Iranian Rial to CNY exchange rate calculations! We offer real-time updated rates, intuitive charts, quick conversions for common amounts, and exchange rate inquiries for various popular currencies. Smart search and secure payments simplify cross-border transactions. Data-driven insights, personalized customization, and customer-centric service help you navigate international transactions with ease. Get accurate exchange rates and streamline your cross-border payments involving Iranian Rial.

01/20/2026 Exchange Rate Query
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Red Sea Crisis and US Midterms Disrupt Global Trade

Red Sea Crisis and US Midterms Disrupt Global Trade

The Red Sea crisis and the US midterm elections are injecting uncertainty into global trade, leading to soaring freight rates and testing supply chains. Businesses should diversify their supply chains, plan ahead, strengthen collaboration, and embrace digital transformation to turn challenges into opportunities and remain competitive in the global trade landscape. This proactive approach is crucial for navigating the current turbulent environment and mitigating potential disruptions.

01/20/2026 Logistics
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US Businesses Consumers Hit Hard by Trade War Tariffs

US Businesses Consumers Hit Hard by Trade War Tariffs

Data from the 'Tariffs Hurt the Heartland' organization reveals the negative impact of the US-China trade war on the US economy. American consumers and businesses have paid an additional $38 billion in tariffs. These tariffs have led to increased prices, decreased corporate profits, and disruptions to global trade patterns. Businesses should diversify supply chains and optimize production processes, while governments should reduce tariffs and provide subsidies to jointly address these challenges. The trade war's economic consequences necessitate collaborative solutions to mitigate its adverse effects.

01/20/2026 Logistics Industry Insights
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ABF Introduces Ocean LTL Service to Boost Global Trade

ABF Introduces Ocean LTL Service to Boost Global Trade

ABF introduces Ocean LTL service to accelerate China-foreign trade and optimize the global supply chain. This service provides fast and economical Ocean LTL solutions, featuring end-to-end visibility, simplified pricing, and flexible inventory management. It empowers businesses to enhance their competitiveness by offering a cost-effective and efficient way to ship smaller ocean freight shipments. The service aims to streamline international trade and improve overall supply chain performance for businesses of all sizes.

01/20/2026 Logistics
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Hong Kong Files WTO Complaint Over US Tariffs

Hong Kong Files WTO Complaint Over US Tariffs

The Hong Kong SAR government has filed a complaint with the WTO regarding the US's imposition of tariffs, citing violations of WTO rules and disregard for Hong Kong's status as a separate customs territory. This action aims to protect Hong Kong's trade interests, defend multilateral trade principles, and promote the resolution of international trade disputes. Hong Kong will closely monitor developments, safeguard its trade position, and calls on the international community to jointly uphold WTO rules.

11/03/2025 Customs Knowledge
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WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

The World Customs Organization (WCO), through the Mercator Programme, supports the Ethiopian Revenues and Customs Authority (ERCA) in enhancing its post-clearance audit (PCA) capabilities. This includes updating the ERCA's PCA manual to align with WCO guidelines and international best practices. The initiative aims to effectively implement the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), thereby promoting trade facilitation and economic development in Ethiopia. This capacity building effort is crucial for efficient customs operations and streamlined trade processes.

01/07/2026 Customs Knowledge
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