WCO and OASIS Collaborate to Standardize Global Trade Tech

WCO and OASIS Collaborate to Standardize Global Trade Tech

The World Customs Organization (WCO) and the Organization for the Advancement of Structured Information Standards (OASIS) signed a Memorandum of Understanding to promote the adoption of technical standards by governments and the public sector worldwide, particularly in customs. This collaboration aims to streamline customs procedures and enhance trade efficiency using open IT technologies, ultimately building a secure and efficient supply chain. This signifies the dawn of a new era in trade driven by technical standards, fostering greater interoperability and transparency in global commerce.

12/30/2025 Customs Knowledge
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Asiapacific Adopts Standardized Ecommerce Customs Rules

Asiapacific Adopts Standardized Ecommerce Customs Rules

The WCO Asia-Pacific E-commerce Symposium focuses on 15 core standards for cross-border e-commerce, aiming to promote regional e-commerce standardization, ensure smooth trade flows, and boost economic recovery. The symposium highlights the importance of harmonized customs procedures and data standards to facilitate efficient and secure cross-border transactions within the Asia-Pacific region. By adopting these standards, countries can reduce trade barriers, enhance transparency, and foster greater trust among trading partners, ultimately contributing to sustainable economic growth and development in the region.

01/26/2026 Customs Knowledge
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WCO and SACU Enhance Trade with IT Connectivity Pact

WCO and SACU Enhance Trade with IT Connectivity Pact

The WCO and SACU are collaborating to promote customs IT interconnectivity and data exchange in Southern Africa. The aim is to enhance customs control efficiency, reduce trade costs, and promote regional economic development by establishing unified standards and strengthening information sharing. The meeting focused on practical information exchange modules under the WCO GNC framework and the application of UNCTAD's cloud solutions in cross-border trade. This lays the foundation for a more efficient and secure international trade environment.

01/20/2026 Customs Knowledge
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Wcos Harmonized Customs Terms Boost Global Trade Efficiency

Wcos Harmonized Customs Terms Boost Global Trade Efficiency

The World Customs Organization's (WCO) International Customs Terminology aims to establish unified customs terminology standards and facilitate international trade. It is recommended that all parties widely apply this interpretation, accurately cite it at the international level, and incorporate it into legislation and education. The WCO encourages all parties to provide timely feedback on implementation, jointly building a more prosperous global trade system. This standardization promotes clarity and efficiency in cross-border transactions, reducing ambiguity and fostering smoother international commerce.

01/20/2026 Customs Knowledge
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WCO Updates price Actually Paid Definition to Boost Trade Compliance

WCO Updates price Actually Paid Definition to Boost Trade Compliance

The new WCO regulations clarify the definition of "price actually paid or payable," assisting companies with compliance, facilitating trade, and improving the accuracy and efficiency of customs valuation. This clarification helps businesses understand and adhere to international valuation standards, streamlining import/export processes. By providing a more precise definition, the WCO aims to reduce valuation disputes and promote fair trade practices globally. Ultimately, this leads to more predictable and transparent customs procedures, benefiting both businesses and customs administrations.

01/30/2026 Customs Knowledge
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WCO Advances Trade Reforms in Turkmenistan Via Revised Kyoto Convention

WCO Advances Trade Reforms in Turkmenistan Via Revised Kyoto Convention

The World Customs Organization (WCO) held a seminar in Turkmenistan to promote the Revised Kyoto Convention (RKC) and raise awareness of the importance of simplified and harmonized customs procedures. By providing detailed interpretations of the RKC articles, self-assessment tools, and considering Turkmenistan's specific context, the WCO is helping the country lay the groundwork for future accession to the RKC. This initiative aims to facilitate trade and promote economic development in Turkmenistan by streamlining its customs processes and aligning them with international standards.

01/05/2026 Customs Knowledge
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WCO Backs Palestinian Customs Modernization Efforts

WCO Backs Palestinian Customs Modernization Efforts

The World Customs Organization (WCO) is assisting Palestine Customs in modernizing its Human Resource Management (HRM) through a workshop held in Tunis. This support focuses on building a competency-based HRM system, including developing a job directory, competency framework, competency dictionary, and job descriptions. WCO experts will provide remote support to ensure the successful implementation of these reforms. The initiative aims to improve the efficiency and international competitiveness of Palestine Customs by strengthening its workforce and aligning HR practices with international standards.

01/05/2026 Customs Knowledge
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WCO Group Advances Trade Via Publicprivate Dialogue

WCO Group Advances Trade Via Publicprivate Dialogue

The Private Sector Consultative Group (PSCG) of the World Customs Organization (WCO) serves as a crucial platform for fostering dialogue and cooperation between the WCO and the private sector. The 47th session focused on the Revised Kyoto Convention review, performance measurement, disruptive technologies, non-negotiated tariffs, and the Framework of Standards on E-Commerce. By participating in policy development, standard setting, capacity building, and promoting collaboration, the PSCG makes significant contributions to building an efficient, secure, and sustainable global trade system.

12/30/2025 Customs Knowledge
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Honduras Adopts WCO Framework to Boost Ecommerce Trade

Honduras Adopts WCO Framework to Boost Ecommerce Trade

The World Customs Organization (WCO) is supporting Honduras Customs in enhancing its cross-border e-commerce management capabilities. Through workshops and the WCO Cross-Border E-Commerce Framework of Standards, the initiative aims to optimize customs clearance processes, strengthen risk management, promote tax compliance, and create a more favorable environment for SMEs to participate in international trade. A work plan will be developed to build a framework of security, control, and facilitation, ultimately promoting the development of cross-border e-commerce in Honduras.

12/30/2025 Customs Knowledge
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WCO Advances Global Trade With Single Window Data Model

WCO Advances Global Trade With Single Window Data Model

The World Customs Organization Data Model (WCO DM) is crucial for global trade facilitation. By establishing unified data standards and electronic messages, it simplifies cross-border regulatory processes, reduces costs for businesses and governments, and promotes information sharing and risk management. Ultimately, it enables an efficient “Single Window” environment, contributing to accelerated global trade. The WCO DM streamlines interactions between traders and regulatory agencies, enhancing transparency and predictability in international trade operations. Its adoption fosters greater efficiency and competitiveness within the global marketplace.

12/30/2025 Customs Knowledge
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