WCO Finalizes Key Ecommerce Trade Standards

WCO Finalizes Key Ecommerce Trade Standards

The World Customs Organization (WCO) Working Group on E-Commerce (WGEC) held its final meeting in Brussels, finalizing key annexes to the Technical Specifications of the E-Commerce Standards Framework, laying the foundation for the implementation of global standards for cross-border e-commerce. The meeting emphasized the importance of data sharing, case studies, and capacity building, and looked forward to the future development direction of cross-border e-commerce standards. These achievements have significant implications for the development of China's cross-border e-commerce.

Brazil Study Reveals Trade Facilitation Opportunities

Brazil Study Reveals Trade Facilitation Opportunities

Brazil's first national Time Release Study (TRS) revealed an average release time of 7.5 days, with customs clearance accounting for less than 10% and private sector processes exceeding half. The study, following the WCO methodology, aims to enhance transparency and promote trade facilitation, with plans to publicly release the raw data. The research underscores the critical role of data-driven approaches in optimizing customs procedures and fostering trade facilitation. It highlights areas for improvement within both public and private sectors to streamline the overall import/export process.

Tonga Customs Workshop Boosts Trade Efficiency

Tonga Customs Workshop Boosts Trade Efficiency

In January 2025, the WCO and Tonga Customs jointly held a workshop on tariff rulings in Nuku'alofa, aiming to enhance Tonga Customs' tariff classification capabilities and promote trade facilitation. Sponsored by the Japan Customs Cooperation Fund, the workshop covered WCO guidelines, Tonga Customs practices, action plan development, and expert experience sharing. Through capacity building, institutional improvement, technical support, and international cooperation, Tonga Customs will be better positioned to serve national economic development.

Ivory Coast Launches Trade Transparency System

Ivory Coast Launches Trade Transparency System

Côte d'Ivoire, with support from organizations like the World Customs Organization, is actively implementing the Advance Ruling System to enhance trade transparency, predictability, and customs clearance efficiency. This system allows businesses to obtain customs rulings in advance of importing or exporting goods, reducing trade risks. Chinese companies should pay attention to and utilize this system to improve their competitiveness in the Côte d'Ivoire market. The system aims to streamline processes and create a more predictable environment for international trade.

WCO Strategy Boosts Global Trade Efficiency

WCO Strategy Boosts Global Trade Efficiency

This paper provides an in-depth analysis of the World Customs Organization's (WCO) regional capacity building strategy, aiming to enhance the competitiveness of its members in global trade by building efficient and collaborative regional networks. It details the key mechanisms of regional capacity building, the core mission and functions of ROCBs, specific operational strategies, and the crucial roles of the WCO Secretariat and Regional Vice-Chairs. This provides clear guidance and reference for customs officials and related practitioners.

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
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ICC Principles Promote Green Economy in Global Trade

ICC Principles Promote Green Economy in Global Trade

The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.