Costa Rica Plans Aviation Industry Overhaul to Boost Growth

Costa Rica Plans Aviation Industry Overhaul to Boost Growth

The Costa Rica IATA Aviation Day brought together stakeholders to discuss aviation development. The conference focused on infrastructure upgrades, policy optimization, regional cooperation, talent development, and sustainable development. The aim is to reshape Costa Rica's aviation industry and promote Central American connectivity and economic prosperity. Through effective regulation and operational improvements, Costa Rica hopes to create a more dynamic and competitive aviation market. This initiative seeks to enhance the country's role as a key aviation hub in the region and boost its overall economic growth.

Americas Caribbean Boost Crossborder Ecommerce Supply Chains

Americas Caribbean Boost Crossborder Ecommerce Supply Chains

The Americas and Caribbean Customs-Postal Strategy Conference highlighted the crucial role of customs-postal cooperation in fostering cross-border e-commerce. The WCO emphasized data-driven approaches and standardized frameworks, while the UPU and PUASP focused on process optimization and combating smuggling. Participants committed to strengthening collaboration to build a more efficient and secure global postal supply chain, laying the groundwork for the future development of cross-border trade. This includes enhanced data exchange and harmonized procedures to facilitate smoother and safer international transactions.

WCO Introduces New Customs Strategies to Strengthen Supply Chains

WCO Introduces New Customs Strategies to Strengthen Supply Chains

The Secretary General of the World Customs Organization emphasized the importance of global supply chain resilience at the Asian Development Bank Institute Annual Conference. He highlighted six key challenges: digitalization, data standardization, disruptive technologies, e-commerce, environment, and border conflicts. He called for strengthened customs cooperation, simplified clearance procedures, promotion of mutual recognition and interoperability, and support for cross-border e-commerce and green customs. These measures aim to build a more resilient global supply chain ecosystem, helping businesses navigate uncertainties and achieve sustainable development.

Zimbabwe Enhances AEO System Following WCO Review

Zimbabwe Enhances AEO System Following WCO Review

The World Customs Organization (WCO) has completed a review of Zimbabwe's Authorized Economic Operator (AEO) pilot program, offering recommendations for upgrades to build a 'next generation' AEO program aligned with international standards. This initiative, supported financially and technically by HM Revenue & Customs (HMRC) of the UK, collaborates with the United Nations Conference on Trade and Development (UNCTAD) to promote trade facilitation and supply chain security in Zimbabwe. The goal is to enhance efficiency and security within Zimbabwe's trade environment through improved AEO program implementation.

Saudi Customs Launches Single Window for MENA Trade

Saudi Customs Launches Single Window for MENA Trade

A regional workshop held by the World Customs Organization in Saudi Arabia focused on coordinating border management, Single Window implementation, and the application of the WCO Data Model in the Middle East and North Africa region. The conference emphasized the importance of strategic planning, business process re-engineering, and data harmonization. The aim is to facilitate regional cross-border trade and economic development by streamlining procedures, improving efficiency, and enhancing transparency. This initiative seeks to create a more seamless and effective trade environment within the region.

Global Aviation Summit Tackles Retail Finance and Passenger Trends

Global Aviation Summit Tackles Retail Finance and Passenger Trends

The IATA World Financial Symposium (WFS) & World Passenger Symposium (WPS) were held jointly, focusing on aviation retail, finance, and passenger experience. Looking ahead to 2026, intelligence and sustainability are key themes. The conference explored how airlines can leverage technology and innovative financial strategies to enhance the overall travel journey and ensure long-term growth in a rapidly evolving industry. Discussions centered around creating more personalized and seamless experiences for passengers while also addressing the increasing need for environmentally responsible practices within the aviation sector.

Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

GXO Blue Yonder Partner to Enhance Supply Chain Automation

GXO Blue Yonder Partner to Enhance Supply Chain Automation

GXO Logistics has signed a multi-year strategic agreement with Blue Yonder to become its preferred provider of warehouse management software solutions. This initiative aims to enhance GXO's operational efficiency and ability to meet customer demands, allowing for more flexible supply chain management and enabling businesses to respond quickly to market changes while maintaining inventory flexibility.