WTO Advances Trade Talks Sets New Meeting Schedule

WTO Advances Trade Talks Sets New Meeting Schedule

The World Trade Organization (WTO) has released the work program and meeting schedule of the Trade Facilitation Negotiating Group, aiming to simplify customs procedures, enhance trade transparency, and promote global trade. The plan covers revised rules, technical assistance, customs cooperation, special and differential treatment, needs assessment, and international collaboration. The meeting schedule has been initially determined and will be further consulted with member countries. Trade facilitation is crucial for promoting trade growth, attracting investment, and fostering economic development. However, it also faces challenges, requiring strengthened international cooperation.

02/06/2026 Customs Knowledge
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Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka established the National Trade Facilitation Committee (NTFC) to coordinate domestic departments in cross-border trade and promote the implementation of trade facilitation measures, thereby driving national economic development. The NTFC will be responsible for policy consultation, supervision and evaluation, strategic coordination, departmental coordination, problem identification and resolution, information center construction, and international cooperation. By optimizing trade processes and improving trade efficiency, it aims to promote economic growth. The NTFC is expected to streamline procedures and enhance Sri Lanka's competitiveness in the global market.

02/06/2026 Customs Knowledge
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Vanuatu Customs Boosts Trade Efficiency with WCO Study

Vanuatu Customs Boosts Trade Efficiency with WCO Study

The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for the Vanuatu Customs and Inland Revenue Department to enhance customs efficiency and promote trade facilitation. The workshop covered TRS methodology, software applications, and action plan development. Through the TRS, Vanuatu aims to reduce cargo release times, improve the business environment, and fulfill its obligations under the WTO Trade Facilitation Agreement. This initiative is expected to streamline customs procedures and contribute to economic growth by reducing delays and costs associated with international trade.

02/06/2026 Customs Knowledge
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Wcos SAFE Framework Enhances Global Trade Security

Wcos SAFE Framework Enhances Global Trade Security

The 28th SAFE Working Group (SWG) meeting focused on upgrading and monitoring the implementation of the SAFE Framework. Discussions included the implementation monitoring questionnaire, the WCO Data Strategy, the Green Customs Initiative, and capacity building activities. The revised SWG work plan was approved. The meeting also deepened cooperation between customs and sectors such as aviation and ports, injecting new momentum into the future development of global trade. The discussions aimed to enhance efficiency and security in international trade through improved customs procedures and collaboration.

02/06/2026 Customs Knowledge
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360 Finance Reports Tenfold Profit Jump on Techdriven Growth

360 Finance Reports Tenfold Profit Jump on Techdriven Growth

360 Finance's financial report reveals a nearly tenfold increase in net profit, attributed to its technology-driven business model. Leveraging big data and AI, 360 Finance has built competitive advantages in risk management, user acquisition, and product innovation. The company is actively expanding into areas like SME lending to seek new growth opportunities. The increasing proportion of institutional funding and the growth in user repeat loan rates further demonstrate its steady development momentum. This showcases the power of technology in driving financial performance and market expansion.

02/11/2026 Logistics Industry Insights
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Pet Fair Asia Urges Industry Unity Against Pandemic Challenges

Pet Fair Asia Urges Industry Unity Against Pandemic Challenges

The Asia Pet Show issued a proposal calling on colleagues in the national pet industry to take active action. Through self-discipline and self-inspection, scientific publicity, and industry mutual assistance, they can jointly cope with the challenges of the epidemic, improve the industry's safety level, ensure pet health and public safety, and promote the stable development of the industry. The initiative emphasizes the importance of responsible practices and collaboration to navigate the current situation and build a more resilient and trustworthy pet industry.

02/11/2026 Logistics Industry Insights
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Yousu Express Aims for Parcel Market Revival with Best Logistics

Yousu Express Aims for Parcel Market Revival with Best Logistics

Following the integration of Yousu Express and Yimi Dida, can they reclaim dominance in the large parcel market? This article delves into Yousu's strategic positioning, integration efforts, and future development direction within this market. It highlights their commitment to the large parcel strategy, the dual-brand operation model, and continuous investment in operations and technology. By integrating resources, optimizing the network, and improving efficiency, Yousu is attempting to overcome bottlenecks and reshape the industry landscape. They aim to regain a leading position through these strategic initiatives.

02/11/2026 Logistics Industry Insights
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WTO Ruling Spurs Trade Policy Review Amid Uschina Strain

WTO Ruling Spurs Trade Policy Review Amid Uschina Strain

The WTO ruling against US tariffs on China reignites discussions on US-China trade frictions and the global supply chain. This analysis examines the roots and impacts of the trade war, emphasizing the importance of diversified and resilient supply chains and strengthened international cooperation. China's transition from 'world factory' to 'global market' also presents new opportunities for the global economy. Facing uncertainty, open collaboration is crucial for achieving sustainable development. The ruling highlights the need for a more balanced and rules-based international trade system.

02/11/2026 Logistics Industry Insights
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Coscos Hamburg Terminal Stake to Transform European Logistics

Coscos Hamburg Terminal Stake to Transform European Logistics

COSCO Shipping Ports acquired a 35% stake in Hamburger Hafen und Logistik AG (HHLA)'s Container Terminal Tollerort (CTT) in Hamburg. This investment aims to strengthen cooperation with HHLA, improve terminal operational efficiency, and establish COSCO Shipping's "preferred hub" in Europe. The acquisition is expected to solidify the Port of Hamburg's position as a key logistics hub in Europe and further promote the development of trade between China and Europe. The partnership seeks to optimize operations and enhance Hamburg's role in global supply chains.

02/11/2026 Port Encyclopedia
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Bank of Thailand Cuts Rates Boosting Ecommerce Growth

Bank of Thailand Cuts Rates Boosting Ecommerce Growth

The Bank of Thailand's surprise interest rate cut offers a respite for e-commerce businesses struggling with rising costs and a strengthening Thai Baht. The rate reduction lowers financing costs, creating opportunities for business expansion. However, the appreciating Baht remains a potential threat. Businesses need to closely monitor exchange rate fluctuations and adapt flexibly to market challenges to capitalize on policy dividends and achieve sustainable development. The rate cut aims to stimulate the economy and ease financial burdens, but the Baht's strength requires careful management by businesses.

02/11/2026 Exchange Rate Query
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