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.

01/07/2026 Customs Knowledge
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Tongren Daxing Airport Boosts Guizhous Regional Connectivity

Tongren Daxing Airport Boosts Guizhous Regional Connectivity

Tongren Daxing Airport (ZUTR) serves as an aviation hub connecting Tongren, Guizhou to the world. While the provided latitude and longitude information requires improvement, its role in regional transportation and economic development is undeniable. The airport facilitates tourism to Tongren, boosting the local tourism industry, and helps Tongren's unique products reach a wider market. In the future, the airport will continue to improve and become an important gateway for Tongren's opening up to the outside world.

01/20/2026 Airport Codes
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ASEAN AEO Certification Boosts Smes in Global Trade

ASEAN AEO Certification Boosts Smes in Global Trade

A joint report by the World Customs Organization, World Trade Organization, and International Chamber of Commerce highlights the importance of optimizing AEO programs to lower barriers for SMEs, provide differentiated services, enhance promotion, and strengthen international cooperation. This aims to empower SMEs, achieve more inclusive global trade growth, and shares practical experiences from both businesses and customs administrations. The report emphasizes streamlining processes and offering tailored support to facilitate SME participation in global trade through the AEO framework.

01/30/2026 Customs Knowledge
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New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
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Logistics Index Hits June High Despite Supply Chain Strains

Logistics Index Hits June High Despite Supply Chain Strains

The logistics management index in June reached 60.7, showing a significant increase from May and indicating signs of recovery in the logistics sector. Inventory levels and costs continue to rise, while warehousing capacity has entered a contraction phase for the first time, reflecting potential uncertainties in future supply and demand. Changes in trade policy have also had a significant impact on the economy and the outlook for the logistics industry.

07/07/2025 Logistics Industry Insights
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Hungarian Forint Key Exchange Rates and Economic Drivers

Hungarian Forint Key Exchange Rates and Economic Drivers

This article provides a comprehensive overview of the Hungarian Forint (HUF), including its basic information as the legal tender of Hungary, the most common HUF/USD exchange rate, practical currency conversion tools, and potential economic factors influencing the Forint's exchange rate. It aims to help readers better understand the Forint and make informed financial decisions. This information can be useful for travelers, investors, and anyone interested in the Hungarian economy.

09/01/2025 Exchange Rate Query
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Jaffna Port Emerges As Sri Lankas Key Northern Trade Hub

Jaffna Port Emerges As Sri Lankas Key Northern Trade Hub

Jaffna Port is a small but strategically important port located in northern Sri Lanka, positioned along the India-Pakistan shipping route. While modest in size, it's crucial to the local economy, primarily serving coastal trade and small vessels. The port offers basic provisioning services. Jaffna city itself is a significant cultural and commercial hub in the north. The port facilitates trade and connectivity for the region, supporting local businesses and livelihoods.

09/29/2025 Port Encyclopedia
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Fedex Navigates Speedcost Balance in Global Shipping

Fedex Navigates Speedcost Balance in Global Shipping

FedEx offers various international express shipping methods. The fastest option is the "International First" service, but it's also the most expensive. Other options like "International Priority" and "International Economy" offer progressively slower speeds and lower costs. When choosing, consider your specific needs and budget, weighing the pros and cons to find the most suitable shipping method. Prioritize speed, cost-effectiveness, and reliability to optimize your international shipping experience with FedEx.

11/03/2025 Logistics Encyclopedia
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Argentina Expands Regional Travel with Tartagal Airport TTG Access

Argentina Expands Regional Travel with Tartagal Airport TTG Access

This article provides detailed information about the Tartagal Airport in Argentina, including its IATA code (TTG) and ICAO code (SAST). It explains the application of airport codes in flight booking and inquiry processes. The article also highlights the importance of Tartagal Airport for the local economy and social development. The aim is to help readers better plan their trips to Tartagal by providing essential airport information and context.

11/03/2025 Airport Codes
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Shijiazhuang Airport's First Regular Regional Cargo Flight Officially Launched

Shijiazhuang Airport's First Regular Regional Cargo Flight Officially Launched

On December 29, 2023, Shijiazhuang International Airport launched its first regional scheduled freight route connecting Shijiazhuang to Hong Kong. This new route operates five flights weekly, marking a significant advancement in the airport's international cargo operations and is expected to attract more local goods, boosting the regional economy. The expansion and renovation of Shijiazhuang Airport, along with supportive government policies, will further promote the development of civil aviation.

12/29/2023 Logistics
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