New Executive Program Aims to Empower Customs Leaders in Global Trade

New Executive Program Aims to Empower Customs Leaders in Global Trade

The Executive Program in Commerce and Business Administration (EPCBA) aims to enhance the strategic thinking and practical skills of customs managers from developing countries. The program covers key topics such as international trade theory, business management knowledge, WCO international standards, and the WTO TFA, helping participants address customs challenges and promote global trade facilitation. It provides a comprehensive understanding of modern customs practices and equips participants with the tools necessary to improve efficiency and effectiveness in their respective roles.

Lesotho Boosts Customs Valuation Via WCO Training Program

Lesotho Boosts Customs Valuation Via WCO Training Program

The WCO conducted customs valuation training in Lesotho to enhance the country's capacity, promote trade facilitation, and support the implementation of WTO agreements, ultimately improving the trade environment. This initiative aimed to strengthen Lesotho's ability to accurately assess the value of imported goods, leading to increased revenue collection and reduced trade barriers. By building local expertise in customs valuation, the WCO's training contributes to a more transparent and efficient trading system, fostering economic growth and regional integration.

New Framework Aims to Boost Gender Equality in Global Trade

New Framework Aims to Boost Gender Equality in Global Trade

During the 2019 WTO Global Review of Aid for Trade, the WCO co-organized a side event focusing on gender mainstreaming in trade facilitation. The meeting highlighted the importance of gender equality, revealing barriers to women's participation in trade. Experiences from the EU and Uganda were shared, and the WCO presented its tools and initiatives to promote gender equality and diversity in customs. This event laid the groundwork for future efforts to promote gender equality within Aid for Trade initiatives.

WCO Outlines Plan for Postpandemic Supply Chain Resilience

WCO Outlines Plan for Postpandemic Supply Chain Resilience

The Secretary General of the World Customs Organization (WCO) held an online meeting with customs representatives in Geneva to discuss how customs can contribute to global supply chain recovery in the post-pandemic era. The meeting highlighted the cooperation between the WCO and the WTO, clarified the work priorities for 2021 regarding pandemic response and technology empowerment, and emphasized the importance of building resilient supply chains. The global customs community looks forward to strengthening communication and cooperation to jointly address challenges.

Peru Boosts Trade Efficiency with WCO Time Release Study

Peru Boosts Trade Efficiency with WCO Time Release Study

The World Customs Organization (WCO) conducted a Time Release Study (TRS) workshop for Peruvian Customs (SUNAT) to enhance trade facilitation. By studying the WCO TRS Guidelines, creating business processes, and developing action plans, SUNAT will be able to conduct TRS, identify bottlenecks, optimize procedures, and meet WTO TFA requirements. This will ultimately improve international competitiveness. The workshop focused on practical application of TRS methodology within the Peruvian context, enabling SUNAT to streamline customs processes and improve efficiency in goods clearance.

Bahamas Adopts WCO Program to Modernize Customs Boost Trade

Bahamas Adopts WCO Program to Modernize Customs Boost Trade

The World Customs Organization's (WCO) Mercator Program is assisting the Bahamas Customs Department (BCD) in its customs modernization efforts to support its accession to the World Trade Organization (WTO). Through gap analysis, process optimization, and the establishment of a Single Window system, the program aims to enhance trade facilitation in the Bahamas, strengthen its international competitiveness, and promote economic development. This initiative is crucial for streamlining customs procedures and fostering a more efficient and transparent trade environment in the Bahamas.

Saudi Arabia Hosts WCO Seminar on Trade Facilitation Reforms

Saudi Arabia Hosts WCO Seminar on Trade Facilitation Reforms

The WCO held a workshop in Saudi Arabia focusing on Advance Ruling systems in the Middle East and North Africa (MENA) region. The workshop aimed to assist the region in fulfilling WTO agreements, improving trade efficiency, and promoting trade facilitation. The event highlighted the importance of advance rulings in providing predictability and transparency for traders, ultimately contributing to increased regional trade and economic growth. Discussions centered on best practices, challenges, and opportunities for enhancing advance ruling systems within the MENA region.

Global Customs Adopt Luxor Resolution for Ecommerce Compliance

Global Customs Adopt Luxor Resolution for Ecommerce Compliance

The World Customs Organization (WCO) adopted the Luxor Resolution, providing a guiding framework for cross-border e-commerce regulation. It encompasses eight key principles, including advance data, facilitation, security, and taxation. The WCO also reaffirmed its leading role in cross-border e-commerce management to the WTO, pledging support for the WTO's Work Programme on Electronic Commerce. The Luxor Resolution aims to promote trade facilitation, address security challenges, and foster the healthy and sustainable development of cross-border e-commerce.

WCO Advances Trade Pact to Boost Global Commerce

WCO Advances Trade Pact to Boost Global Commerce

The World Customs Organization (WCO) actively promotes the implementation of the Trade Facilitation Agreement (TFA) by establishing working groups, providing technical assistance, and developing guidance tools. These efforts help members improve customs management and facilitate global trade. Secretary General Kunio Mikuriya emphasized that the WCO will continue to support the TFA implementation, jointly moving towards a more efficient and transparent trade future. The WCO's commitment aims to streamline processes and reduce trade barriers for its members.