WCO and OIE Partner to Boost Crossborder Trade Safety

WCO and OIE Partner to Boost Crossborder Trade Safety

The World Customs Organization and the World Organisation for Animal Health are strengthening cooperation to create a safer, more efficient, and equitable cross-border trade environment. This collaboration focuses on enhancing cooperation among border agencies, implementing trade facilitation agreements, coordinating risk management, and building capacity. The goal is to promote global economic development and bring multiple benefits to businesses, consumers, and governments by streamlining processes and reinforcing security measures at borders.

WCO Tackles Ecommerce Challenges at Davos Forum

WCO Tackles Ecommerce Challenges at Davos Forum

During the World Economic Forum Annual Meeting in Davos, the World Customs Organization (WCO) focused on the opportunities and challenges of cross-border e-commerce. They engaged in in-depth discussions with global political and business leaders, emphasizing the crucial role of customs in promoting trade, ensuring security, and increasing revenue. The WCO will continue to strengthen international cooperation and promote trade facilitation to contribute significantly to global economic prosperity.

OZON Helps Chinese Sellers Enter Russias Growing Ecommerce Sector

OZON Helps Chinese Sellers Enter Russias Growing Ecommerce Sector

OZON, a leading Russian e-commerce platform, is empowering Chinese sellers to tap into the Russian market. By optimizing logistics, finance, merchant recruitment, and operational services, OZON is building a bridge connecting Sino-Russian trade. Chinese sellers should seize this opportunity and enhance their operational capabilities to achieve growth on the OZON platform. Success hinges on understanding the Russian consumer and adapting strategies accordingly. This presents a significant opportunity for expansion and increased market share.

WCO WTO Release Tech Guide to Streamline Global Customs

WCO WTO Release Tech Guide to Streamline Global Customs

The World Customs Organization (WCO) and the World Trade Organization (WTO) jointly released the 'Study Report on Disruptive Technologies (2022),' focusing on the application of seven technologies, including blockchain, IoT, and AI, in the customs domain. The report analyzes technology trends, shares practical case studies, and provides strategic recommendations for customs' digital transformation. It aims to promote global trade facilitation and economic growth by leveraging these disruptive technologies to modernize customs procedures and enhance efficiency.

Bahamas Customs Modernization Boosts WTO Bid Regional Trade

Bahamas Customs Modernization Boosts WTO Bid Regional Trade

The World Customs Organization (WCO) has launched a two-year customs capacity building program to support the Bahamas' accession to the World Trade Organization (WTO). Funded by the Inter-American Development Bank, the program covers three key areas: organizational development, human resources, and governance. It aims to enhance the efficiency, transparency, and compliance of Bahamas Customs, bringing it up to international standards and positioning it as a model for the Caribbean region.

Guinea Boosts Trade Efficiency with Stakeholder Partnerships

Guinea Boosts Trade Efficiency with Stakeholder Partnerships

With support from the Swedish-funded WACAM project, Guinea, in collaboration with the World Customs Organization (WCO) and the World Bank, has strengthened communication among stakeholders in trade facilitation. Through training initiatives and the establishment of a port advisory committee in Conakry, the aim is to improve customs efficiency and promote collaboration among all parties. This effort seeks to enhance the implementation of the Trade Facilitation Agreement (TFA) and foster Guinea's international trade development.

Chinas Winter Exports to Europe Boom Amid Energy Crisis

Chinas Winter Exports to Europe Boom Amid Energy Crisis

The European energy crisis has created a huge demand for Chinese "winter essentials," with products like thermal underwear and electric blankets selling well in the European market. Chinese companies should seize this opportunity to improve product quality, strategically position themselves in the European market, and address the challenges posed by the energy crisis. This surge in demand presents a significant opportunity for Chinese cross-border e-commerce to capitalize on Europe's need for affordable heating solutions.

WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

The World Customs Organization (WCO), through the Mercator Programme, supports the Ethiopian Revenues and Customs Authority (ERCA) in enhancing its post-clearance audit (PCA) capabilities. This includes updating the ERCA's PCA manual to align with WCO guidelines and international best practices. The initiative aims to effectively implement the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), thereby promoting trade facilitation and economic development in Ethiopia. This capacity building effort is crucial for efficient customs operations and streamlined trade processes.

Wildberries Expands Seller Opportunities in Eastern Europe

Wildberries Expands Seller Opportunities in Eastern Europe

Wildberries is a leading e-commerce platform in Russia and Eastern Europe, boasting a vast user base and a well-developed logistics network. The platform is actively attracting Chinese sellers, presenting a golden opportunity for Chinese businesses to enter the Russian market. This article details the advantages of Wildberries, its onboarding requirements, and how to seize the opportunity to tap into the Eastern European market. It serves as a guide for Chinese sellers looking to leverage Wildberries' platform for growth and expansion.