WCO Promotes Trade Ease Via Publicprivate Partnerships at COMALEP

WCO Promotes Trade Ease Via Publicprivate Partnerships at COMALEP

The WCO participated in the COMALEP meeting and private sector forum to deepen public-private partnerships and promote trade facilitation. The meeting emphasized the importance of the private sector in customs policy development and explored issues such as regional customs cooperation, technological challenges, and fiscal risk management. The WCO's strategic leadership and the deepening of regional cooperation will contribute to building a more open, efficient, and secure global trading system.

WCO JICA Boost Customs Valuation Training in Southern Africa

WCO JICA Boost Customs Valuation Training in Southern Africa

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project is progressing in Southern Africa. The 3rd Working Group activity of the Customs Valuation (CV) Master Trainer Programme (MTP) aimed to enhance the customs valuation capabilities of Botswana, Malawi, Mozambique, Zimbabwe, and Zambia. The project focuses on developing a regional pool of trainers and creating training materials. This initiative seeks to promote fairness and efficiency in international trade by strengthening customs valuation expertise within the region.

WCO Implements New Trade Valuation Rules to Boost Revenue

WCO Implements New Trade Valuation Rules to Boost Revenue

The WCO Technical Committee on Customs Valuation has adopted two new advisory opinions concerning the valuation treatment of income tax in royalties and the valuation of buyer's own trademarks on imported goods. These new rules aim to enhance certainty and transparency in customs valuation, promote international trade facilitation, optimize customs revenue, and ensure the healthy development of global trade. They provide guidance on complex valuation issues, contributing to a more predictable and equitable international trade environment. The opinions seek to clarify existing valuation principles and address practical challenges faced by customs administrations and traders alike.

WCO Scholarship Program Aims to Develop Nextgen Customs Leaders

WCO Scholarship Program Aims to Develop Nextgen Customs Leaders

The first phase of the World Customs Organization (WCO) Scholarship Programme's 83rd edition has successfully concluded. Participants' research will contribute to customs modernization. The WCO Secretary General encouraged the scholars to share their practical experiences and praised them as "the future of customs." This program aims to cultivate customs elites with a global perspective and innovative spirit, contributing to the development of global trade. It focuses on building capacity and fostering collaboration within the international customs community.

WCO Unveils Tech Network to Streamline Global Border Control

WCO Unveils Tech Network to Streamline Global Border Control

The World Customs Organization (WCO) has launched the Technology Network (TeN), aiming to be a leading global hub for border management technology. This platform facilitates information exchange, experience sharing, and collaboration among customs administrations, technology providers, and other stakeholders. It promotes technological innovation and application to improve global border management. Companies can register their products for free, and customs administrations can search for the latest technology solutions. The goal is to collectively build an intelligent border management ecosystem.

Saudi Arabia WCO Enhance Trade Rules in MENA Region

Saudi Arabia WCO Enhance Trade Rules in MENA Region

Saudi Arabia, in collaboration with the WCO, hosted a workshop to enhance advance ruling capabilities among MENA customs administrations. The workshop aimed to promote trade facilitation by highlighting the benefits of advance rulings, including reduced costs, increased efficiency, and minimized disputes. The event underscored the importance of advance rulings in streamlining customs procedures and fostering a more predictable and transparent trade environment within the region.

Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

The World Customs Organization (WCO) supported a customs valuation workshop in Cambodia to enhance the valuation capabilities of officers from the General Department of Customs and Excise of Cambodia (GDCE). The workshop covered the WTO Valuation Agreement, key technical issues, and valuation control measures, sharing case studies and experiences. Through this workshop, Cambodian Customs is expected to improve revenue collection, promote trade facilitation, and inject new vitality into the national economic development. The focus was on practical application and knowledge transfer to improve valuation accuracy and efficiency.

WCO Boosts Trade Security with Training for Francophone Nations

WCO Boosts Trade Security with Training for Francophone Nations

The World Customs Organization (WCO) Strategic Trade Control Enforcement (STCE) project held a 'Train the Trainer' workshop for French-speaking countries. The aim was to enhance customs enforcement capabilities in strategic goods trade control and prevent the illicit cross-border movement of weapons of mass destruction and related items. Participants acquired core knowledge of strategic trade controls, enforcement skills, and training techniques, laying the foundation for a multilingual team of experts. This initiative strengthens global efforts to combat proliferation and secure international trade supply chains.

Armenia Modernizes Customs with WCO Support to Boost Trade

Armenia Modernizes Customs with WCO Support to Boost Trade

The World Customs Organization (WCO) is assisting Armenia in developing a Mercator Implementation Plan. This plan aims to comprehensively improve customs clearance efficiency and trade facilitation in Armenia by optimizing key areas such as advance rulings, risk management, and the single window system. The initiative is expected to inject new vitality into Armenia's economic development by streamlining trade processes and reducing associated costs. The focus is on modernizing customs procedures to align with international best practices and facilitate smoother cross-border trade.

WCO Enhances Central Asia Road Transport for Trade Growth

WCO Enhances Central Asia Road Transport for Trade Growth

The Secretary General of the World Customs Organization emphasized the role of road transport in improving border 'soft infrastructure' at the International Road Transport Conference. He commended Central Asian countries for joining the revised Kyoto Convention. He called for strengthened public-private partnerships to enhance transport connectivity and contribute to the prosperity and development of the Central Asian region. This collaboration aims to streamline customs procedures and facilitate trade, ultimately boosting economic growth and regional integration through efficient and reliable road transport networks.