Chinas Shenzhen Boosts Foreign Trade Via Logistics Expansion

Chinas Shenzhen Boosts Foreign Trade Via Logistics Expansion

Key logistics enterprises in Shenzhen provide efficient and reliable logistics support for foreign trade companies through diversified services, digital empowerment, risk management, and global network layout, helping them enhance their international competitiveness. The release of the list also indicates that service diversification and intelligentization will be important development directions for Shenzhen's logistics industry in the future. These companies are leveraging technology and strategic partnerships to streamline operations and offer customized solutions to meet the evolving needs of global trade.

01/27/2026 Logistics Industry Insights
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Switzerland WCO Aid Bolivias Customs Modernization for Trade

Switzerland WCO Aid Bolivias Customs Modernization for Trade

The WCO conducted an assessment of Bolivia Customs' implementation of the Mercator Agreement, recommending improvements in areas such as risk management and advance rulings. Bolivia expressed its gratitude and appreciation for the recommendations. The assessment highlighted the need for enhanced efficiency and transparency in customs procedures to further facilitate trade and economic growth. Bolivia acknowledged the value of the WCO's expertise and committed to implementing the suggested improvements to strengthen its customs operations and better align with international standards. This collaboration underscores the importance of international cooperation in promoting trade facilitation.

01/26/2026 Customs Knowledge
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WCO Kenya Boost Trade Facilitation at WTO Conference

WCO Kenya Boost Trade Facilitation at WTO Conference

During the 10th WTO Ministerial Conference, the WCO and KRA jointly hosted a side event to discuss the implementation experiences and challenges of trade facilitation measures. The meeting highlighted the importance of political will, inter-agency collaboration, public-private partnerships, international cooperation, and standardized regulations, aiming to promote global trade development. The discussions focused on practical solutions and strategies to overcome obstacles in implementing the WTO Trade Facilitation Agreement, emphasizing the need for a collaborative and holistic approach to achieve its objectives.

01/26/2026 Customs Knowledge
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Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia Boosts Trade Efficiency with Datadriven Customs Reforms

Serbia has established a Customs-Business Round Table to enhance trade facilitation through data-driven collaboration. Supported by the SECO-WCO Global Trade Facilitation Programme, the initiative brings together representatives from government, chambers of commerce, and businesses to address customs operational challenges and optimize trade policies. The goal is to build a more efficient business environment. By focusing on data sharing, policy optimization, and risk prediction, Serbia aims to become a regional leader in trade facilitation. This collaborative approach is expected to streamline processes and boost economic growth.

01/26/2026 Customs Knowledge
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Global Trade Compliance Strategies Key for 2024 Success

Global Trade Compliance Strategies Key for 2024 Success

In the face of a complex global trade environment, businesses need to establish a comprehensive compliance system, closely monitor policy changes, strengthen supply chain management, leverage technology to improve efficiency, and seek professional support. Only then can they gain a firm foothold in the global market and achieve sustainable development. This involves adapting to evolving regulations, optimizing logistics, and mitigating risks associated with international trade to ensure smooth operations and maintain a competitive advantage.

01/26/2026 Customs Knowledge
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Explaining Key International Trade Terms DDP Vs DAP

Explaining Key International Trade Terms DDP Vs DAP

This article provides an in-depth analysis of the common 'arrival contract' Incoterms DDP, DAP, and DDU, detailing their differences in terms of risk transfer, transportation responsibility, customs clearance obligations, and tax/duty liabilities. The article offers advice on selecting the appropriate Incoterm for various trade scenarios and emphasizes key considerations when using these terms. The aim is to help readers mitigate trade risks and improve international trade efficiency by understanding the nuances of these delivery terms and making informed decisions.

01/26/2026 Customs Knowledge
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WCO Forum Advances Global Trade Efficiency and Security

WCO Forum Advances Global Trade Efficiency and Security

The 4th WCO Technology and Innovation Forum was held in Argentina, focusing on the role of technology in building efficient, secure, transparent, and resilient global supply chains. Participants shared best practices and discussed future borders, technology-enabled decision-making, and transparency in cross-border transactions. The forum emphasized that public-private partnerships and technological innovation are crucial for driving customs modernization. Key discussions revolved around leveraging technology to enhance security, streamline processes, and foster greater collaboration among stakeholders to facilitate legitimate trade.

01/26/2026 Customs Knowledge
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MENA Customs Adopts Blockchain Aiiot to Modernize Trade

MENA Customs Adopts Blockchain Aiiot to Modernize Trade

The WCO's MENA region workshop on disruptive technologies focused on the application of blockchain, AI, and IoT in customs. These technologies can reshape the future of trade by enhancing supply chain transparency, optimizing risk assessment, and enabling real-time cargo tracking. The development of international standards and strengthened regional cooperation are key for MENA customs administrations to seize the opportunities presented by digital transformation.

01/26/2026 Customs Knowledge
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Burkina Faso Joins Kyoto Convention to Enhance Trade

Burkina Faso Joins Kyoto Convention to Enhance Trade

Burkina Faso has acceded to the Revised Kyoto Convention (RKC), becoming the 111th contracting party. The RKC simplifies customs clearance procedures, promotes trade facilitation, and enhances global competitiveness. By adopting the RKC, Burkina Faso aims to streamline its customs operations, reduce trade barriers, and ultimately boost its economic growth. This accession underscores the country's commitment to international standards and its desire to integrate more effectively into the global trading system.

01/26/2026 Customs Knowledge
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Kenya Enhances Trade Efficiency with WCO Mercator Review

Kenya Enhances Trade Efficiency with WCO Mercator Review

The WCO assessed Kenya Customs' implementation of the Trade Facilitation Agreement (TFA), analyzing progress, challenges, and areas for improvement. The assessment led to the development of a multi-year implementation plan and a maturity model evaluation. The WCO's work aimed to support Kenya in streamlining its customs procedures, reducing trade costs, and enhancing its overall competitiveness. The assessment provided valuable insights into the effectiveness of current TFA implementation efforts and identified key priorities for future action, ensuring sustainable and impactful trade facilitation reforms.

01/26/2026 Customs Knowledge
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