Namibia Modernizes Customs with Datadriven Tariff System

Namibia Modernizes Customs with Datadriven Tariff System

The World Customs Organization (WCO), in collaboration with the European Union, is assisting the Namibian Revenue Agency (NamRA) in enhancing its commodity classification capabilities through the 'HS Project Africa'. This initiative employs systematic training and case studies to develop a team of experts proficient in the Harmonized System (HS). The project aims to improve customs clearance efficiency, reduce trade disputes, increase revenue collection, and ultimately contribute to Namibia's economic development.

01/22/2026 Customs Knowledge
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WCO Boosts Customs Modernization in MENA Via Data Analytics

WCO Boosts Customs Modernization in MENA Via Data Analytics

The World Customs Organization (WCO), in partnership with the CCF Korea, held a virtual workshop for senior officials from the Middle East and North Africa region, focusing on data analysis capacity building. The workshop aimed to enhance the region's customs data analysis capabilities to support customs modernization. It covered topics such as introducing a data analysis framework, sharing experiences, presenting capacity building initiatives, and exploring cooperation prospects for the BACUDA project.

01/26/2026 Customs Knowledge
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Global Air Travel Growth Slows As Load Factors Peak in 2026

Global Air Travel Growth Slows As Load Factors Peak in 2026

The global air passenger transportation market is projected to experience slower growth by November 2026, despite record-high load factors. International markets are outperforming domestic ones, with Africa showing particularly strong growth. Airlines should proactively adjust capacity, strengthen cost control, explore emerging markets, enhance customer experience, and focus on sustainable development. These strategies are crucial for navigating market challenges and capitalizing on emerging opportunities in the evolving aviation landscape.

01/27/2026 Logistics Industry Insights
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SWIFT Codes Vital for Global Money Transfers

SWIFT Codes Vital for Global Money Transfers

This article introduces the SWIFT code CBCYCY2NCAS of the Central Bank of Cyprus, discussing its significance, components, and usage in international remittances. By examining the role of SWIFT codes, it emphasizes their critical function in enhancing fund security, reducing transaction costs, and improving transparency.

09/05/2025 International Settlement
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Exploring Stratoniki Port Greeces Hidden Shipping Gem

Exploring Stratoniki Port Greeces Hidden Shipping Gem

Stratoni Port, located in Greece's Central Macedonia region, serves as a small barge port. Its advantageous geographical position and comprehensive service facilities play a crucial role in shipping activities. Although it is not suitable for large vessels, its efficient organization and safety design are noteworthy.

07/24/2025 Port Encyclopedia
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