Crossborder Ecommerce Firms Struggle With Customs Compliance

Crossborder Ecommerce Firms Struggle With Customs Compliance

Cross-border e-commerce companies need to balance compliance and efficiency when choosing a customs clearance model. General trade clearance offers high compliance and tax refunds, suitable for bulk goods. Express customs clearance is convenient and efficient but subject to policy restrictions, making it suitable for small-batch replenishment. Companies should select the most appropriate customs clearance method based on their own business characteristics and target market policies. The optimal choice depends on factors such as shipment size, product type, and desired speed of delivery, ensuring both regulatory adherence and operational effectiveness.

Amazon FBA Guide Streamlines Logistics and Customs

Amazon FBA Guide Streamlines Logistics and Customs

This article provides an in-depth analysis of Flexport's Amazon FBA guide, offering comprehensive solutions and professional advice for sellers facing logistical challenges. It covers key factors for FBA success, EU shipment plan creation, warehousing policy changes, the impact of Prime Day, and labeling requirements. The aim is to help sellers optimize their logistics strategies, improve operational efficiency, and succeed in cross-border e-commerce. The guide focuses on providing practical tips and actionable insights to navigate the complexities of FBA and maximize profitability.

WCO Promotes Green Customs for Sustainable Trade

WCO Promotes Green Customs for Sustainable Trade

The WCO's 'Global Green Customs Conference' brought together experts in trade, customs, and environment to discuss border environmental protection. The conference focused on topics such as the circular economy, waste trade, timber trade, and HS code classification, emphasizing the crucial role and responsibility of customs in promoting green trade, combating illegal trade, and building a sustainable future. The conference aimed to strengthen international cooperation, raise public awareness, and collectively address global environmental challenges.

Global Customs Network Boosts Cooperation During Pandemic

Global Customs Network Boosts Cooperation During Pandemic

The Regional Intelligence Liaison Office (RILO) network held its second virtual meeting to strengthen international cooperation during the pandemic. The meeting highlighted RILO's crucial role in data quality and combating illegal wildlife trade. Participants also discussed involvement in WCO meetings and preparations for the global RILO conference. Facing global challenges, the RILO network will continue to enhance cooperation and capabilities to contribute to global trade security and economic development. The focus remains on improving information sharing and coordinated efforts to address evolving threats.

Philippines Boosts Customs Oversight with STCE Project

Philippines Boosts Customs Oversight with STCE Project

The WCO's STCE Project provided training support to the Philippine Customs on strategic goods control. Through online training, Philippine Customs officers enhanced their capabilities in strategic trade control, risk management, and the application of the Strategic Trade Atlas. The project strengthened cooperation between Philippine Customs and domestic agencies as well as international partners, contributing to national security and the international trade order. This initiative improved the effectiveness of customs operations in preventing the illicit trafficking of sensitive items and promoting responsible trade practices.

WCOJICA Project Enhances East African Customs Capacity

WCOJICA Project Enhances East African Customs Capacity

WCO-JICA cooperation is helping East African customs authorities cultivate customs audit experts, enhancing regional customs audit capabilities, and promoting trade development. The initiative focuses on strengthening the skills and knowledge of customs officers in conducting effective audits, thereby improving compliance and revenue collection. This collaboration aims to facilitate smoother trade flows within the East African region by ensuring fair and transparent customs procedures and combating illicit trade activities through improved audit practices. Ultimately, this contributes to economic growth and regional integration.

Peru Adopts Global Standards for Customs Valuation

Peru Adopts Global Standards for Customs Valuation

Supported by the SECO-WCO Global Trade Facilitation Programme, Peruvian Customs held a virtual forum focusing on customs valuation risk management. Participants exchanged experiences on database applications and discussed optimizing value verification procedures and public-private partnerships to combat valuation irregularities. Peruvian Customs plans to strengthen its value verification system and deepen collaboration with the private sector. The WCO will continue to provide support, enhancing transparency and predictability in cross-border trade. The forum highlighted the importance of efficient and fair customs valuation for trade facilitation.

Hong Kong Customs Enhances Asiapacific Antismuggling Collaboration

Hong Kong Customs Enhances Asiapacific Antismuggling Collaboration

The Regional Office for Capacity Building Asia Pacific (ROCB A/P), with strong support from regional members like Hong Kong Customs, is dedicated to providing high-quality capacity building support to customs administrations in the Asia-Pacific region. The renewed dispatch of technical experts by Hong Kong Customs demonstrates its long-term commitment to regional capacity building. ROCB A/P will continue to play a vital role in facilitating regional trade development, ensuring trade security, and enhancing customs management capabilities.

Comoros Adopts Harmonized System to Modernize Customs

Comoros Adopts Harmonized System to Modernize Customs

With the support of the African Development Bank, Comoros is actively promoting the application of the Harmonized System Convention to enhance customs management, facilitate trade, and integrate into the global trading system. This initiative focuses on improving the efficiency and effectiveness of the Comorian tariff system and bolstering capacity building within the customs administration. The goal is to streamline customs procedures, reduce trade barriers, and ultimately contribute to economic growth and development in Comoros.

Philippines Kenya Simplify Customs to Boost Trade

Philippines Kenya Simplify Customs to Boost Trade

In 2010, the Philippines and Kenya acceded to the Revised Kyoto Convention, signifying their commitment to simplifying customs procedures and promoting international trade facilitation. The Convention aims to enhance trade efficiency, reduce costs, and foster global economic growth through streamlined processes, the application of information technology, risk management, and strengthened cooperation. The promotion and effective implementation of the Convention are crucial for building a more open and interconnected global trading system.