WCO Forum Advances Global Trade Efficiency and Security

WCO Forum Advances Global Trade Efficiency and Security

The 4th WCO Technology and Innovation Forum was held in Argentina, focusing on the role of technology in building efficient, secure, transparent, and resilient global supply chains. Participants shared best practices and discussed future borders, technology-enabled decision-making, and transparency in cross-border transactions. The forum emphasized that public-private partnerships and technological innovation are crucial for driving customs modernization. Key discussions revolved around leveraging technology to enhance security, streamline processes, and foster greater collaboration among stakeholders to facilitate legitimate trade.

WCO and WTO Boost Global Trade Facilitation Committees

WCO and WTO Boost Global Trade Facilitation Committees

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), held a high-level course for chairs of National Trade Facilitation Committees. The course aimed to enhance participants' understanding of the Trade Facilitation Agreement and strengthen their ability to engage with stakeholders. The WCO shared its experience in stakeholder consultation and resource mobilization, introducing relevant tools and standards to support countries in establishing and improving their National Trade Facilitation Committees. This collaborative effort contributes to building a more open and efficient global trading system.

Kenya Enhances Trade Efficiency with WCO Mercator Review

Kenya Enhances Trade Efficiency with WCO Mercator Review

The WCO assessed Kenya Customs' implementation of the Trade Facilitation Agreement (TFA), analyzing progress, challenges, and areas for improvement. The assessment led to the development of a multi-year implementation plan and a maturity model evaluation. The WCO's work aimed to support Kenya in streamlining its customs procedures, reducing trade costs, and enhancing its overall competitiveness. The assessment provided valuable insights into the effectiveness of current TFA implementation efforts and identified key priorities for future action, ensuring sustainable and impactful trade facilitation reforms.

WCO Boosts Global Trade with New Performance Metrics

WCO Boosts Global Trade with New Performance Metrics

The World Customs Organization has launched the second round of its Performance Measurement Mechanism, aiming to empower member customs administrations to improve strategic decision-making and overall effectiveness through a standardized assessment framework. This mechanism covers key areas such as trade facilitation, revenue collection, and security, promoting global customs modernization and contributing to trade facilitation and economic security. A call is made for active participation from all members to jointly build an efficient and secure global customs system. This initiative will help customs administrations enhance their performance and contribute to a safer and more prosperous global trade environment.

Bahrain Customs Boosts Trade Efficiency with WCO Support

Bahrain Customs Boosts Trade Efficiency with WCO Support

Bahrain Customs is collaborating with the WCO to enhance its post-clearance audit and advance ruling capabilities. This initiative aims to align with the WTO Trade Facilitation Agreement and establish a more efficient customs clearance system. By strengthening these key areas, Bahrain Customs seeks to streamline trade processes, reduce delays, and improve overall efficiency in its operations. This partnership underscores Bahrain's commitment to modernizing its customs procedures and fostering a more conducive environment for international trade.

Sierra Leone Boosts Customs Audits with WCO Assistance

Sierra Leone Boosts Customs Audits with WCO Assistance

The World Customs Organization (WCO) supported Sierra Leone in enhancing its Post Clearance Audit (PCA) capabilities through a workshop, technical assistance, and an action plan. This aims to effectively implement the World Trade Organization (WTO)'s Trade Facilitation Agreement (TFA). The initiative focuses on strengthening the Sierra Leone National Revenue Authority (NRA)'s customs risk management, improving control effectiveness, and promoting trade facilitation. Ultimately, this contributes to the country's sustainable economic development by optimizing revenue collection and streamlining trade processes.

Jordan Customs Boosts Efficiency Security with WCO Upgrade

Jordan Customs Boosts Efficiency Security with WCO Upgrade

The World Customs Organization (WCO) successfully piloted a new organizational risk management diagnostic tool within Jordan Customs, aiming to enhance its risk management capabilities in the face of increasingly complex international trade. Through comprehensive assessment and targeted recommendations, the WCO assisted Jordan Customs in developing an action plan to improve both clearance efficiency and security. This initiative serves as a valuable reference for the modernization efforts of other customs administrations.

WCO Launches Tool to Curb Illegal Wildlife Trade

WCO Launches Tool to Curb Illegal Wildlife Trade

The WCO's INAMA project launched an institutional assessment tool to help customs comprehensively enhance their ability to combat endangered species smuggling. This tool assists customs in developing targeted capacity-building plans by evaluating legal frameworks, organizational structures, personnel capabilities, technical equipment, and cooperation mechanisms. Representatives from multiple countries participated in the tool's pilot testing and validation at a workshop held in the Republic of the Congo, laying the foundation for global customs cooperation in combating smuggling crimes and protecting biodiversity.

WCO Issues Trade Recovery Guidance Amid Global Disruptions

WCO Issues Trade Recovery Guidance Amid Global Disruptions

This article provides an in-depth analysis of the World Customs Organization's (WCO) 'Trade Recovery Guidelines,' designed to assist national customs administrations in swiftly and efficiently restoring international cargo movement following trade disruptions. It elaborates on the concept of trade recovery, the significance of the SAFE Framework, and the guidelines' three pillars: Action Plan, Customs Actions, and Communication. The article emphasizes the crucial role of international cooperation and public-private partnerships in effectively addressing trade disruptions and ensuring supply chain resilience.

Bolivia Adopts WCO Program to Strengthen Customs Oversight

Bolivia Adopts WCO Program to Strengthen Customs Oversight

The Switzerland-WCO Global Trade Facilitation Programme (GTFP) supports Bolivian Customs in enhancing its risk management capabilities. Through workshops, progress is reviewed, recommendations are provided, and continuous technical assistance, capacity building, and experience sharing are offered. The aim is to assist Bolivian Customs in establishing a scientific, efficient, and sustainable risk management system. This system will help safeguard national economic security and promote legitimate trade development. The project focuses on building a robust framework for identifying and mitigating potential risks in cross-border trade.