Peru Boosts Trade Efficiency with WCO Time Release Study

Peru Boosts Trade Efficiency with WCO Time Release Study

The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for Peruvian Customs (SUNAT) to enhance trade facilitation. By studying the WCO TRS Guidelines, creating business processes, and developing action plans, SUNAT will be able to conduct TRS, identify bottlenecks, optimize procedures, and meet WTO TFA requirements. This will ultimately improve international competitiveness. The workshop focused on practical application of TRS methodology within the Peruvian context, enabling SUNAT to streamline customs processes and improve efficiency in goods clearance.

AI and Robotics Boost Warehouse Efficiency

AI and Robotics Boost Warehouse Efficiency

Artificial intelligence, robotics, and Warehouse Management Systems (WMS) are reshaping logistics operations. This article delves into the applications of these technologies in demand forecasting, inventory management, and route optimization, as well as the challenges and corresponding strategies. Expert opinions highlight the crucial role of real-time data, AI, and WMS in optimizing warehouse operations, and it forecasts future trends in logistics automation. The integration of these technologies promises increased efficiency, reduced costs, and improved responsiveness in the dynamic world of modern warehousing.

Global Aviation Leaders to Shape Data Strategy at IATA Summit 2026

Global Aviation Leaders to Shape Data Strategy at IATA Summit 2026

The International Air Transport Association (IATA) will host the World Data Summit (WDS) in Singapore in 2026, focusing on data, technology, and cybersecurity in the aviation industry. The summit will bring together industry leaders to discuss key issues such as data strategy, artificial intelligence, cybersecurity, and data sharing. It aims to promote the digital transformation of the aviation industry, improve operational efficiency, and enhance passenger experience. Data analysts can leverage this opportunity to understand industry trends, build connections, and drive innovation.

Guyana Boosts Customs Oversight After WCO Audit Review

Guyana Boosts Customs Oversight After WCO Audit Review

At the request of the Government of Guyana, the World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in October 2018. Through consultations with the Guyana Revenue Authority - Customs and Trade Administration and external stakeholders, the WCO aimed to assist the country in establishing a robust PCA system. This initiative seeks to enhance customs control capabilities, promote trade facilitation, and support Guyana's sustainable economic development. The ultimate goal is to improve compliance and efficiency in customs procedures.

Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia Joins Revised Kyoto Convention to Boost Trade

Georgia has officially joined the Revised Kyoto Convention, becoming its 116th contracting party, marking a significant step in its trade facilitation efforts. The Convention, considered the "gold standard" for global trade facilitation, promotes international trade development through simplified customs procedures and increased transparency. The World Customs Organization encourages more countries to join, working together to build an open and efficient global trade system. This accession highlights Georgia's commitment to streamlining trade processes and fostering economic growth through adherence to international standards.

WCO Enhances PICARD Standards to Strengthen Global Customs Operations

WCO Enhances PICARD Standards to Strengthen Global Customs Operations

The World Customs Organization (WCO) is upgrading the PICARD Professional Standards (PS) to adapt to the evolving global trade landscape. The updated standards will encompass key areas such as public-private sector cooperation, customs and tax function integration, and coordinated border management. It will also address emerging trends, security, trade facilitation, technological advancements, and project management. The WCO invites stakeholders to participate in capacity building initiatives to jointly promote global customs development. This collaborative effort aims to enhance customs efficiency and effectiveness worldwide.

Malawi Enhances Trade with Wcobacked Advance Ruling System

Malawi Enhances Trade with Wcobacked Advance Ruling System

In July 2018, the World Customs Organization (WCO) held a workshop in Blantyre to support Malawi in enhancing trade facilitation by implementing the advance ruling system and optimizing its customs classification system. Through expert training, current state analysis, and action plan development, Malawi aims to improve its legal framework, establish an advance ruling body, and strengthen personnel training. These efforts are designed to increase customs clearance efficiency, enhance trade certainty, and improve the business environment, ultimately promoting economic development in Malawi.

Iran Enhances Customs Via WCO Japanbacked AEO Program

Iran Enhances Customs Via WCO Japanbacked AEO Program

The World Customs Organization (WCO), in collaboration with the CCF Japan, supported Iranian Customs in hosting a national workshop on Customs Procedure Informatization and the AEO Program. The workshop aimed to enhance customs clearance efficiency and strengthen border control through information technology. It also focused on upgrading the AEO program to promote trade facilitation and improve Iran's competitiveness in global trade. The initiative underscores the importance of digital transformation and international cooperation in streamlining customs processes and fostering economic growth.

Bahrain Hosts Regional WTO Trade Facilitation Workshop

Bahrain Hosts Regional WTO Trade Facilitation Workshop

In 2015, the World Customs Organization (WCO) held the 3rd Regional Workshop on the Trade Facilitation Agreement (TFA) in Bahrain, aiming to promote understanding and implementation of the TFA in the Middle East and North Africa (MENA) region. The workshop brought together customs and trade experts to discuss key TFA provisions, technical assistance, institutional cooperation, and member case studies. During the event, Japan announced its ratification of the TFA, injecting new momentum into trade facilitation efforts in the MENA region.

Swedish Customs Chief Meets WCO on Digital Trade Modernization

Swedish Customs Chief Meets WCO on Digital Trade Modernization

The Director General of Swedish Customs led a delegation to visit the World Customs Organization (WCO), focusing on discussions about digital transformation, international cooperation, and trade facilitation. Emphasis was placed on leveraging information technology to enhance customs efficiency, strengthening information sharing, and jointly addressing global challenges. Appreciation was expressed for Sweden's significant support in WCO projects. This meeting injected new vitality into the future development of global customs, paving the way for enhanced collaboration and innovative solutions in the international trade landscape.