WCO Enhances IT Leadership for West and Central African Customs

WCO Enhances IT Leadership for West and Central African Customs

The WCO held an Information Technology Strategic Seminar for West and Central Africa in Senegal. This event aimed to enhance customs leadership capabilities to address evolving trade challenges and promote economic development within the region. The seminar focused on leveraging information technology to improve customs efficiency, security, and compliance. Participants explored strategic approaches to modernize customs operations and facilitate legitimate trade flows, ultimately contributing to regional economic growth and integration. The WCO continues to support its member administrations in adopting innovative solutions for effective border management.

01/05/2026 Customs Knowledge
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WCO Implements New Trade Valuation Rules to Boost Revenue

WCO Implements New Trade Valuation Rules to Boost Revenue

The WCO Technical Committee on Customs Valuation has adopted two new advisory opinions concerning the valuation treatment of income tax in royalties and the valuation of buyer's own trademarks on imported goods. These new rules aim to enhance certainty and transparency in customs valuation, promote international trade facilitation, optimize customs revenue, and ensure the healthy development of global trade. They provide guidance on complex valuation issues, contributing to a more predictable and equitable international trade environment. The opinions seek to clarify existing valuation principles and address practical challenges faced by customs administrations and traders alike.

01/05/2026 Customs Knowledge
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Global Customs Tackle Ecommerce Valuation for Smoother Trade

Global Customs Tackle Ecommerce Valuation for Smoother Trade

The World Customs Organization (WCO) held its second seminar on E-Commerce and Customs Valuation, focusing on the valuation challenges in cross-border e-commerce. The event brought together international organizations, customs administrations, and private sector representatives to discuss policies, procedures, and practices. The aim was to address the challenges posed by the dynamic nature of e-commerce trade, facilitate trade, and build a fair and efficient cross-border e-commerce ecosystem. The WCO is actively working to develop a more comprehensive e-commerce valuation system to promote the healthy development of cross-border e-commerce.

01/05/2026 Customs Knowledge
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Hong Kongs Freight Sector Booms Amid Global Trade Shifts

Hong Kongs Freight Sector Booms Amid Global Trade Shifts

HAFFA, the Hong Kong Air Freight Association, is a non-profit organization dedicated to promoting the standards and development of the air freight industry in Hong Kong. It offers services to its members, fosters industry standardization, protects rights and interests, provides professional training, and engages in international cooperation to enhance Hong Kong's position in global logistics.

08/04/2025 Logistics
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Global Guide to Countries and Their Airport Codes

Global Guide to Countries and Their Airport Codes

This article provides a systematic overview of the main airport information for countries such as Laos, Lebanon, Saint Lucia, Liechtenstein, Sri Lanka, Liberia, and Lesotho. It covers airport types, city locations, and relevant abbreviations, aiming to enhance readers' understanding of global air traffic.

08/06/2025 Airport Codes
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Global Airports Beginning with D See Rising Passenger Traffic

Global Airports Beginning with D See Rising Passenger Traffic

This article discusses airport codes that begin with the letter 'D', including Daytona Beach International Airport, Hazrat Shahjalal International Airport in Dhaka, and other important airports. It analyzes their roles in the global aviation network and the phenomenon of airport closures, providing valuable information for air travelers and industry professionals.

08/05/2025 Airport Codes
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Central and South America Expand Airport Networks

Central and South America Expand Airport Networks

This article discusses the major airports in Panama and Peru, including Tocumen International Airport and Alejandro Velasco Astete International Airport. It emphasizes the significant role these airports play in facilitating regional and international air transportation.

08/06/2025 Airport Codes
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