WCO Aids Burkina Faso in Trade Process Modernization

WCO Aids Burkina Faso in Trade Process Modernization

The World Customs Organization (WCO) is assisting Burkina Faso in launching a Time Release Study (TRS) to identify bottlenecks in customs procedures and improve trade facilitation. This article provides an in-depth analysis of the significance, implementation steps, challenges, and solutions of the TRS, and envisions its intelligent future, offering a valuable reference for other developing countries. The study aims to streamline processes, reduce delays, and ultimately enhance the efficiency of cross-border trade in Burkina Faso.

Pakistan Boosts Customs Oversight with WCO Audit Support

Pakistan Boosts Customs Oversight with WCO Audit Support

The WCO assists Pakistan in enhancing its customs post-clearance audit capabilities. This support aims to combat smuggling, promote trade compliance, and ultimately contribute to economic development. By strengthening PCA, Pakistan can improve revenue collection, reduce illicit trade, and create a more predictable and efficient trading environment for legitimate businesses. The WCO's assistance focuses on providing training, technical expertise, and best practices to build a sustainable and effective PCA system within Pakistan Customs.

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolian Customs has significantly improved its risk management capabilities under the World Customs Organization (WCO)'s 'Light Touch Intervention' (LTI) project. Through capacity building, strategic upgrades, and standardization, risk management efficiency has increased by 30%, and the physical inspection rate of goods has decreased by 20%. This advancement lays the foundation for a more competitive trade environment in Mongolia, streamlining processes and reducing unnecessary delays for legitimate trade while focusing resources on high-risk areas.

Bahamas Customs Modernization Boosts WTO Bid Regional Trade

Bahamas Customs Modernization Boosts WTO Bid Regional Trade

The World Customs Organization (WCO) has launched a two-year customs capacity building program to support the Bahamas' accession to the World Trade Organization (WTO). Funded by the Inter-American Development Bank, the program covers three key areas: organizational development, human resources, and governance. It aims to enhance the efficiency, transparency, and compliance of Bahamas Customs, bringing it up to international standards and positioning it as a model for the Caribbean region.

World Customs Organization Advances Gender Equality Efforts

World Customs Organization Advances Gender Equality Efforts

The World Customs Organization (WCO) Virtual Working Group on Gender Equality and Diversity convened to discuss new initiatives promoting gender equality and diversity in customs. Discussions included reviewing the draft WCO Council Declaration on Gender Equality and Diversity in Customs, preparing for the establishment of a “Customs Gender Equality and Diversity Network,” and conducting internal assessments. The WCO will continue to collaborate with its members to advance the relevant agenda.

Barbados Customs Enhances Efficiency with HR Management Reform

Barbados Customs Enhances Efficiency with HR Management Reform

The Barbados Customs and Excise Department (BCED) is undergoing a competency-based HRM reform in collaboration with the World Customs Organization (WCO) and the International Monetary Fund (IMF). Aiming to enhance operational efficiency, revenue collection, and stakeholder engagement, BCED is committed to modernizing its talent management practices. This involves developing a competency framework, job catalog, and exploring the establishment of an internal HRM department. By strengthening its human resources, BCED seeks to contribute more effectively to economic development.

East Africa Enhances Customs Audits Via WCOJICA Training

East Africa Enhances Customs Audits Via WCOJICA Training

The MTP project, a joint initiative between the World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA), has successfully developed a team of customs audit trainers and created regional training materials in East Africa. This initiative has significantly enhanced the region's customs audit capabilities, contributing to trade facilitation and regional economic development. The project's impact lies in its focus on building local expertise and providing tailored resources to address specific challenges within the East African context.

Tajikistan Adopts Harmonized System Codes to Boost Trade

Tajikistan Adopts Harmonized System Codes to Boost Trade

Tajikistan hosted its first national workshop on the WCO Harmonized System (HS) to enhance customs commodity classification capabilities and align with international standards. The workshop covered the HS Convention, best practices in tariff classification, and the use of WCO tools. The IFC expressed appreciation for the cooperation between the WCO and Tajik Customs. This workshop marks a significant step for Tajikistan in the field of tariff classification, creating a fairer trading environment for businesses.

WCO Expert Group Boosts Customs Efficiency with Enhanced Audit System

WCO Expert Group Boosts Customs Efficiency with Enhanced Audit System

The World Customs Organization (WCO) held a Post Clearance Audit (PCA) expert group workshop in Canada to revise the 2012 WCO PCA Guidelines and enhance global customs audit capabilities. Customs experts from six regions shared experiences and discussed key issues such as risk management and data analysis. The WCO will continue to follow up and utilize the CLiKC! platform to promote communication, helping customs administrations worldwide build more efficient and accurate audit systems.

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

WCO Publishes 2022 HS Explanatory Notes for Trade Classification

The World Customs Organization (WCO) has released the 2022 edition of the Harmonized System Explanatory Notes (HSEN) in print. This provides practical guidance on technical descriptions and classification of goods, serving as the official interpretation of HS codes. Purchase of the print version includes amendment supplements. An online subscription option is also available through the WCO Trade Tools platform. As a global leader in customs affairs, the WCO assists trade professionals in accurate customs clearance.