WCO Reports Palestines Progress in Mercator Trade Program

WCO Reports Palestines Progress in Mercator Trade Program

A World Customs Organization (WCO) assessment reveals Palestine's active participation in the Mercator Programme, which supports the implementation of the Trade Facilitation Agreement and simplifies trade procedures. The Palestinian Customs Administration has benefited significantly in areas such as tariffs and risk management, maintaining close ties with the private sector and neighboring customs administrations. The assessment lays the groundwork for future tailored support, and the WCO will continue to provide assistance to promote Palestinian economic development and regional trade facilitation. This collaboration aims to further streamline customs processes and enhance trade efficiency.

New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

WCO Strengthens Bosnias Anticounterfeit Customs Efforts

WCO Strengthens Bosnias Anticounterfeit Customs Efforts

The World Customs Organization (WCO) organized an online workshop for Bosnia and Herzegovina Customs to enhance their capacity in intellectual property rights protection and address the challenges posed by counterfeit and pirated goods during the pandemic. Rights holders shared anti-counterfeiting techniques and emphasized the use of risk management tools. The WCO continues to strengthen the capacity building of its member customs administrations to build a safe and reliable trading environment. This initiative aims to equip customs officers with the necessary skills to combat the illicit trade of counterfeit goods.

Zimbabwe Boosts Trade Audits with WCO Support

Zimbabwe Boosts Trade Audits with WCO Support

The World Customs Organization (WCO) held a workshop in Zimbabwe to enhance its customs' post-clearance audit (PCA) capabilities, implement the Trade Facilitation Agreement (TFA), and strengthen customs-private sector cooperation. The workshop aimed to improve the effectiveness of PCA processes, ensuring compliance and promoting legitimate trade. By building capacity in PCA, Zimbabwe customs can better manage risks, optimize revenue collection, and contribute to a more efficient and secure trading environment. The event underscored the importance of collaboration between customs administrations and businesses in achieving trade facilitation goals.

WCO Enhances Customs Capacity in West and Central Africa

WCO Enhances Customs Capacity in West and Central Africa

The World Customs Organization (WCO) is assisting Côte d'Ivoire Customs in upgrading its human resources management system by introducing competency-based management and project cycle management methodologies. Through expert training, tool development, and action plan formulation, the initiative aims to enhance the capabilities of customs officials. This capacity building effort lays the foundation for customs modernization and serves as a valuable reference for other customs administrations. The project focuses on improving efficiency and effectiveness within the Ivorian customs service by equipping personnel with the necessary skills and knowledge.

WCO Backs Cambodias Trade Reforms to Spur Economic Growth

WCO Backs Cambodias Trade Reforms to Spur Economic Growth

At the invitation of the General Department of Customs and Excise of Cambodia (GDCE), the World Customs Organization (WCO) analyzed challenges in implementing the WTO's Trade Facilitation Agreement (TFA) and assisted in developing a five-year strategic plan. Through in-depth discussions with government and the private sector, the WCO provided guidance for Cambodian customs reform and modernization. The aim is to enhance Cambodia's competitiveness in global trade, promoting economic growth and sustainable development. The cooperation focuses on streamlining procedures and improving efficiency within the Cambodian customs system.

Afcfta Study Finds Origin Rule Gaps in Textiles Auto Sectors

Afcfta Study Finds Origin Rule Gaps in Textiles Auto Sectors

The EU-World Customs Organization Rules of Origin Africa Programme released a report comparing rules of origin for the textile and automotive industries. The report reveals the impact of different rules on trade, industrial layout, and value chains. It provides a reference for policymakers and businesses, contributing to African regional economic development. The analysis highlights key differences and their consequences for sourcing strategies, production location, and overall competitiveness within the African context. This research aims to inform better policy decisions and promote sustainable economic growth in the region.

Purdue University Wins 5M Grant for Truck Platooning Research

Purdue University Wins 5M Grant for Truck Platooning Research

The U.S. Department of Energy has awarded Purdue University a $5 million grant to research truck platooning, focusing on improving fuel efficiency and communication between vehicles. The project aims to enhance the fuel economy of heavy-duty trucks by 20%. This initiative explores the potential of coordinated driving strategies to reduce aerodynamic drag and optimize fuel consumption within a convoy of trucks. The research will also address the challenges of maintaining safe following distances and reliable communication in real-world platooning scenarios, contributing to advancements in smart logistics and sustainable transportation.

PETKIT Showcases Smart Pet Tech at Guangzhou Pet Fair

PETKIT Showcases Smart Pet Tech at Guangzhou Pet Fair

Leading pet tech brand Petkit will showcase its innovative products at the Guangzhou Pet Fair's brand export zone, highlighting its latest advancements in smart feeding and health monitoring. Petkit is committed to enhancing pet lives through technology, providing global pet families with superior products and services. The company aims to promote Chinese pet brands on the world stage. Petkit's presence at the fair underscores its dedication to innovation and its ambition to expand its global reach, solidifying its position as a key player in the international pet tech market.

WCO Enhances Asiapacific Supply Chains Postpandemic

WCO Enhances Asiapacific Supply Chains Postpandemic

The World Customs Organization (WCO) launched the COVID-19 Project to enhance member customs' capacity to respond to pandemics and disasters. The first Asia-Pacific regional workshop focused on disaster management and supply chain continuity, fostering experience sharing and cooperation. The WCO is developing related guidelines and introducing digital procedures. Future efforts will strengthen data-driven decision-making, promote digital solutions, and deepen international cooperation to build a more resilient global supply chain. The project aims to equip customs administrations with the tools and knowledge needed to navigate future disruptions effectively.