WCO Updates Commodity Classifications in Major HS Committee Session

WCO Updates Commodity Classifications in Major HS Committee Session

The 58th Session Decisions of the WCO Harmonized System Committee have been released, encompassing 14 new commodity classification opinions, 10 revisions to the Harmonized System Explanatory Notes, and 27 commodity classification rulings. These decisions cover a wide range of goods including chili seeds, chocolate stew, cough drops, candy dispensers, ceramic ink, Hall elements, tube bundle containers, balance scooters, floating structures, fracture fixation products, and virtual reality sets. This provides significant guidance on commodity classification for global trade participants.

WCO Aids Bosnias Tax Authority in Risk Management Boost

WCO Aids Bosnias Tax Authority in Risk Management Boost

Funded by the WCO's Eurocustoms Fund, a risk management workshop was held for the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) to enhance its risk management capabilities. The workshop covered risk assessment, analysis, and response strategies, sharing international best practices. This initiative aims to lay the foundation for a robust risk management system within ITA BiH, ultimately improving tax collection efficiency and combating illicit activities. The training will help the ITA BiH better identify and mitigate potential threats, leading to more effective and secure customs operations.

WCO Backs Cape Verde in Landmark Customs Efficiency Study

WCO Backs Cape Verde in Landmark Customs Efficiency Study

The World Customs Organization (WCO), through the WACAM project, supported the Cape Verde Customs Administration (CVCA) in conducting its first Time Release Study (TRS) to improve clearance efficiency and optimize trade processes. The workshop brought together stakeholders to develop an action plan, assisting Cape Verde in fulfilling the World Trade Organization's Trade Facilitation Agreement, improving the business environment, and promoting economic development. The TRS aims to identify bottlenecks and recommend improvements to streamline customs procedures and reduce release times.

WCO Enhances Customs Training Across West and Central Africa

WCO Enhances Customs Training Across West and Central Africa

The WCO-WACAM project aims to establish a regional pool of human resources experts for Customs administrations in West and Central Africa. Through capacity building, tool development, and follow-up support, the project enhances HR management within Customs departments, ultimately improving their efficiency and competitiveness. It emphasizes a competency-based HRM approach and develops tools such as job catalogs, competency frameworks, and job descriptions. These resources lay the foundation for Customs modernization and contribute to more effective and professional Customs operations in the region.

WCO ASAPRA Partner to Simplify Customs Enhance Trade Compliance

WCO ASAPRA Partner to Simplify Customs Enhance Trade Compliance

The World Customs Organization (WCO) and the Association of Professional Customs Brokers of the Americas (ASAPRA) are deepening cooperation to enhance trade facilitation and compliance through information sharing, training collaboration, and technological innovation. This initiative aims to reduce compliance costs for businesses, improve customs clearance efficiency, and enhance global competitiveness. By fostering a smoother and more efficient trade environment, this partnership will help businesses seize trade opportunities and build a shared future.

WCO Aids DR Congo Customs to Enhance Trade Efficiency

WCO Aids DR Congo Customs to Enhance Trade Efficiency

The World Customs Organization (WCO) is providing technical assistance to the General Directorate of Customs and Excise (DGDA) of the Democratic Republic of Congo to enhance its customs valuation capacity and reclaim outsourced functions. Through diagnostic assessments, recommended improvements, and capacity building initiatives, the WCO is helping the DRC build an efficient and transparent customs valuation system. This aims to promote trade facilitation and contribute to economic development by strengthening the country's ability to accurately value goods and collect revenue.

WCO Strengthens Environmental Rules to Curb Illegal Waste Trade

WCO Strengthens Environmental Rules to Curb Illegal Waste Trade

The World Customs Organization (WCO) is strengthening its collaboration with the Environmental Compliance and Enforcement Network (ENFORCE) to enhance customs' role in combating the illegal cross-border trade of waste. Through capacity building, information sharing, international cooperation, and policy advocacy, the WCO assists its member customs administrations in effectively implementing the Basel Convention. This collaborative effort aims to address global environmental challenges and build a sustainable future by preventing and countering illegal waste shipments across borders.

Tajikistan Customs Boosts Efficiency with WCO Time Release Study

Tajikistan Customs Boosts Efficiency with WCO Time Release Study

The World Customs Organization (WCO) successfully conducted a Time Release Study (TRS) workshop for Tajikistan Customs, aiming to help the country launch a new TRS cycle and improve customs clearance efficiency. The workshop covered TRS methodology, software applications, and special measures during the pandemic. It laid the foundation for Tajikistan's future TRS implementation, contributing to trade facilitation and economic growth. The TRS will help identify bottlenecks and improve procedures leading to faster release times and increased trade competitiveness.

WCO Issues XML Guidelines to Enhance Crossborder Data Exchange

WCO Issues XML Guidelines to Enhance Crossborder Data Exchange

The World Customs Organization (WCO) has released XML Messaging Guidelines to provide a unified standard for global customs data exchange, promoting the digital transformation of cross-border trade. These guidelines define XML message formats, emphasize interoperability, and are based on the WCO Data Model. This aims to reduce development costs, improve data quality, and accelerate trade processes, ultimately delivering practical value to global trade participants.

WTO and WCO Boost Trade Facilitation for Pandemic Recovery

WTO and WCO Boost Trade Facilitation for Pandemic Recovery

The WCO actively participates in WTO trade facilitation efforts, sharing pandemic response measures to help members promote cross-border trade. Moving forward, the WCO will continue to advance trade facilitation initiatives. It has been instrumental in providing guidance and best practices to its members, enabling them to navigate the challenges posed by the pandemic and maintain essential trade flows. The WCO remains committed to supporting its members in their efforts to streamline customs procedures and reduce trade costs, ultimately fostering economic growth and development.