Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

The World Customs Organization, in collaboration with the OECD and the World Bank Group, held an Asia-Pacific seminar focusing on the nexus between customs valuation and transfer pricing. The conference emphasized the need for enhanced information sharing and collaborative supervision between tax and customs authorities to address challenges posed by related-party transactions. This aims to improve cross-border trade compliance, enhance tax collection efficiency, and build a more efficient cross-border trade regulatory system. The discussions highlighted practical approaches and best practices for effective collaboration.

12/30/2025 Customs Knowledge
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DR Congo Customs Boosts Revenue with HS Code Upgrade

DR Congo Customs Boosts Revenue with HS Code Upgrade

DR Congo Customs aims to achieve customs autonomy by introducing HS tools and conducting nationwide training, reducing reliance on external organizations. This initiative includes equipping customs offices with HS software, developing provincial promotion plans, improving vocational training systems, and strengthening integrity. By enhancing the professionalism and operational capabilities of customs personnel, DR Congo hopes to boost its economic growth. The implementation of HS tools and comprehensive training are key components of this strategy for achieving greater self-reliance in customs management.

12/30/2025 Customs Knowledge
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Saudi Arabia Joins Key Customs Pacts to Boost Trade

Saudi Arabia Joins Key Customs Pacts to Boost Trade

Saudi Arabia's accession to the World Customs Organization's Kyoto and Istanbul Conventions marks a significant step towards simplifying customs procedures and promoting trade facilitation. The Kyoto Convention focuses on standardizing modern customs procedures, while the Istanbul Convention facilitates the temporary import of goods. Both aim to reduce trade costs, improve efficiency, and foster global economic development. Saudi Arabia's membership is expected to accelerate global trade facilitation efforts.

12/30/2025 Customs Knowledge
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Key Differences in Air Vs Sea Freight Customs Clearance

Key Differences in Air Vs Sea Freight Customs Clearance

International air and sea freight present different customs clearance risks. Air freight offers speed but demands tight clearance timelines, strict inspections, high declaration standards, and higher costs. Sea freight allows more time, utilizes sampling inspections, offers flexible declarations, and concentrates costs on demurrage and storage fees. Both are susceptible to policy changes, requiring attention to international affairs and flexible responses. Choosing the appropriate transportation method is crucial based on these factors.

12/30/2025 Customs Knowledge
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Guide to Korean Proxy Shopping Shipping Customs and Returns

Guide to Korean Proxy Shopping Shipping Customs and Returns

This article provides a detailed analysis of key aspects in the Korean proxy shopping delivery process. It covers shipment channel selection (postal service, personal carry-on, air freight), return and exchange policies, customs clearance procedures, and other important considerations. The aim is to help consumers gain a comprehensive understanding of various delivery aspects involved in proxy shopping, enabling them to make informed purchasing decisions, avoid potential risks, and enhance their overall shopping experience. It serves as a guide to navigate the complexities of international shipping in the context of Korean proxy shopping.

12/30/2025 Logistics Encyclopedia
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Central American Customs Boost Global Trade with New Partnerships

Central American Customs Boost Global Trade with New Partnerships

The Heads of Customs Administrations of the Americas and the Caribbean Conference was held in Guatemala, focusing on global connectivity, risk management, and customs-business cooperation. The importance of the Revised Kyoto Convention was emphasized. Guatemala was elected as the new WCO Regional Vice-Chair. The conference promoted regional customs cooperation and pointed the way for global trade facilitation. It addressed key challenges and opportunities in the region, aiming to enhance efficiency and security in international trade flows. The discussions highlighted the need for collaborative efforts to streamline customs procedures.

12/30/2025 Customs Knowledge
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New Customs Model Launched at China-mongolia's Largest Land Port

New Customs Model Launched at China-mongolia's Largest Land Port

The pilot project of the 'Three Mutuals' customs reform has officially launched at the Erenhot port, marking a significant optimization of customs procedures. The new model has achieved customs and inspection cooperation, simplified exit procedures, and significantly improved customs efficiency, injecting new momentum into trade facilitation.

11/26/2015 Logistics
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South Korea WCO Partner to Develop Global Trade Talent

South Korea WCO Partner to Develop Global Trade Talent

Korea Customs Service (KCS) signed a cooperation agreement with the World Customs Organization (WCO). Through the Korea Customs Cooperation Fund, KCS aims to provide high-level training to customs officials from other countries, sharing Korea's experiences and best practices in trade facilitation. KCS also pledged to increase its financial and human resource contributions to the WCO, assisting WCO members in implementing relevant standards and jointly promoting the advancement of global customs affairs. This collaboration underscores Korea's commitment to supporting international customs cooperation and development.

12/30/2025 Customs Knowledge
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Global Customs Agencies Collaborate on Humor Initiative nothing to Declare

Global Customs Agencies Collaborate on Humor Initiative nothing to Declare

The film 'Nothing to Declare' humorously depicts Franco-Belgian customs cooperation, highlighting the importance of international customs cooperation in facilitating trade, combating smuggling, and maintaining security. This article delves into the specific manifestations of customs cooperation, the challenges it faces, and its future development directions. It emphasizes the crucial role of customs cooperation in the era of globalization, showcasing how collaborative efforts between customs administrations benefit international trade and security.

12/30/2025 Customs Knowledge
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Global Tech Leaders to Convene at 2026 WCO Conference

Global Tech Leaders to Convene at 2026 WCO Conference

The World Customs Organization (WCO) will hold a technical conference in 2026, bringing together experts and stakeholders from the global customs sector to discuss innovations in customs technology and modernization in management. The conference aims to promote international cooperation and the sharing of experiences, fostering improvements in customs efficiency and transparency.

08/08/2025 Logistics
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