WCO Releases Guide to Curb Illegal Trade in Ecosensitive Goods

WCO Releases Guide to Curb Illegal Trade in Ecosensitive Goods

The World Customs Organization (WCO) has released guidelines to assist customs officers in combating illegal trade in environmentally sensitive commodities. The guidelines place particular emphasis on the Basel Convention and aim to strengthen border controls to protect the environment. By focusing on key areas such as waste management and hazardous materials, the WCO seeks to enhance customs' role in preventing the illicit movement of environmentally damaging goods across international borders and ensuring compliance with international environmental agreements. This initiative is crucial for safeguarding environmental security and promoting sustainable trade practices.

WCO Advocates Sustainable Goals at UNCTAD Nairobi Summit

WCO Advocates Sustainable Goals at UNCTAD Nairobi Summit

The WCO reaffirmed its commitment to the SDGs, promoting trade facilitation tools and actively participating in addressing e-commerce challenges. These efforts aim to foster inclusive and equitable global trade. The WCO's focus on sustainable development ensures that trade practices are environmentally sound and socially responsible. By streamlining cross-border transactions and simplifying customs procedures, the WCO facilitates efficient and cost-effective trade for businesses of all sizes, particularly benefiting SMEs. Ultimately, the WCO strives to create a more level playing field in international trade, enabling greater participation and shared prosperity.

WCO BRS Partner to Advance Green Trade Via HS Codes

WCO BRS Partner to Advance Green Trade Via HS Codes

The World Customs Organization (WCO) and the Secretariats of the Basel, Rotterdam and Stockholm Conventions (BRS) highlighted their collaboration in addressing environmental and social issues using the Harmonized System (HS) at the BRS COPs in Geneva. The WCO facilitates customs control of goods threatening the environment and human health by introducing HS codes. They shared elements of successful proposals, aiming to strengthen global cooperation and build a sustainable trade future. This partnership demonstrates how the HS can be leveraged for environmental protection and responsible trade practices on a global scale.

Ebay Sellers Guide to Reducing Fees Boosting Profits

Ebay Sellers Guide to Reducing Fees Boosting Profits

This article provides a detailed analysis of various eBay store fees, including final value fees, listing fees, shipping costs, and advertising expenses. It offers practical advice on how to reduce costs and increase profits, helping sellers achieve success on the eBay platform. The article aims to equip sellers with the knowledge and strategies needed to effectively manage their eBay store finances and optimize their overall profitability in the competitive e-commerce landscape. Key areas covered include understanding fee structures, identifying cost-saving opportunities, and implementing efficient operational practices.

Onward Kashiyamas Wool Line Boosts Sales in Japan

Onward Kashiyamas Wool Line Boosts Sales in Japan

Japanese apparel group Onward Kashiyama successfully promoted its Merino wool knitwear collection across six women's brands in collaboration with The Woolmark Company. The campaign effectively highlighted the quality advantages of Merino wool, integrating online and offline channels to achieve significant sales growth and increased online traffic. This initiative demonstrates the importance of sustainable practices and digital transformation in driving brand growth. The partnership underscored the value of quality materials and innovative marketing strategies in the competitive fashion market, resulting in a successful campaign that boosted brand visibility and customer engagement.

Food Safety Scandals Hit Chinas Livestreaming Ecommerce Sector

Food Safety Scandals Hit Chinas Livestreaming Ecommerce Sector

Millions-follower food influencer "Xiaobei is Hungry" lost fans due to food safety issues, exposing the chaotic food safety situation in the live streaming e-commerce industry. This article analyzes the root causes, including low entry barriers, false advertising, and lack of after-sales service. It calls for strengthened supervision, improved laws and regulations, higher entry standards, standardized promotional practices, and better after-sales service to jointly safeguard food safety. The incident highlights the urgent need for a more regulated and accountable live streaming e-commerce environment to protect consumers.

SHEIN Nears 24 Billion Revenue As Fast Fashion Dominates

SHEIN Nears 24 Billion Revenue As Fast Fashion Dominates

SHEIN, an ultra-fast fashion cross-border e-commerce platform, has rapidly risen to prominence due to its low prices, vast selection, and rapid updates. Its revenue is projected to reach $24 billion in 2022. This analysis examines SHEIN's business model, competitive landscape, company history, and core competencies. It also explores the sustainability challenges the company faces and its future prospects. The brand's success is attributed to its agile supply chain and data-driven approach, but concerns remain about ethical labor practices and environmental impact within the fast fashion industry.

WCO Proposes Green Shift for Chemical Trade Via HS Codes

WCO Proposes Green Shift for Chemical Trade Via HS Codes

A WCO workshop explored using the Harmonized System (HS) code to identify and manage traded chemicals, supporting environmental sustainability. The discussions emphasized the need for improvements to the HS system and promoted dialogue on a 'Green HS'. This aims to leverage HS codes for better tracking and regulation of chemicals with environmental impacts, ultimately fostering more sustainable trade practices and contributing to global environmental protection efforts. The workshop highlighted the potential of the HS code to play a crucial role in achieving a greener and more responsible chemical trade landscape.

HS Codes Boost Sustainability in Global Textile Trade

HS Codes Boost Sustainability in Global Textile Trade

A World Customs Organization seminar explored the role of HS codes in fostering sustainable development within the textile industry. Key issues highlighted included the identification of environmentally friendly textiles, value chain transparency, and the standardization of the circular economy. The seminar aimed to promote the adaptation of HS codes to environmental needs and contribute to the construction of a green textile trade system. Discussions focused on how updated HS classifications can better track and incentivize sustainable practices throughout the textile supply chain, ultimately supporting a more environmentally responsible industry.

HS Codes Boost Green Trade and Sustainability Efforts

HS Codes Boost Green Trade and Sustainability Efforts

This paper explores the role of the World Customs Organization and its Harmonized System (HS) in the global green trade transition. By analyzing the HS's potential in identifying environmentally friendly products, restricting trade in harmful products, and supporting the development of a circular economy, it elucidates how this international trade tool can be leveraged to promote sustainable material lifecycle management and contribute to the achievement of the United Nations Sustainable Development Goals. The paper highlights the importance of HS codes in fostering green trade practices and achieving sustainability objectives.