Tunisia Adopts Revised Kyoto Convention to Enhance Trade

Tunisia Adopts Revised Kyoto Convention to Enhance Trade

With Tunisia's accession, the Revised Kyoto Convention now has 112 contracting parties, signaling accelerated global trade facilitation. This convention, a blueprint for modern customs, aims to reduce trade costs and improve customs clearance efficiency by simplifying procedures, optimizing risk management, and utilizing information technology. It promotes global trade growth and complements the WTO's Trade Facilitation Agreement, jointly building an open and prosperous trade system. The convention's focus on streamlined processes and technological advancements is crucial for enhancing customs efficiency worldwide.

01/05/2026 Customs Knowledge
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Global Trade Compliance Key to Efficient Supply Chains

Global Trade Compliance Key to Efficient Supply Chains

Global Trade Compliance (GTC) helps companies navigate increasingly complex international trade challenges by providing centralized management, automated operations, end-to-end visibility, optimized costs, and excellent service. It enables businesses to build efficient, compliant, and low-cost supply chains, enhancing their competitiveness in the global market. GTC solutions streamline processes, mitigate risks associated with tariffs, regulations, and sanctions, and ensure adherence to international trade laws, ultimately contributing to a more resilient and profitable global supply chain.

01/19/2026 Customs Knowledge
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Global Trade Boosted by Customs Phytosanitary Agency Collaboration

Global Trade Boosted by Customs Phytosanitary Agency Collaboration

The World Customs Organization (WCO) actively promotes cooperation between customs and phytosanitary agencies to enhance trade facilitation. By sharing information, coordinating enforcement, and fostering technological innovation, countries can build more efficient and secure border management systems, promoting global trade prosperity. The Republic of Korea's practices offer valuable lessons for other nations seeking to improve border management and streamline trade processes. This collaborative approach is crucial for balancing trade facilitation with the need to protect plant health and ensure safe trade flows.

01/22/2026 Customs Knowledge
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Global Logistics Firms Urged to Strengthen Document Management

Global Logistics Firms Urged to Strengthen Document Management

In international logistics, documents such as customs declarations, bills of lading, and certificates of origin are crucial. If documents are lost, prompt reissuance is necessary. For customs documents like invoices and packing lists, contact the factory for replacements. Losing a bill of lading complicates matters, requiring reissuance from the freight forwarder or shipping company along with a security deposit. If a certificate of origin needs modification, reasons must be provided for reapplication. In case of loss of issued certificates, contact the visa agency within six months for reprocessing. Understanding these remedies helps avoid logistics obstacles.

07/29/2025 Customs Knowledge
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Carriers Key Roles in Global Shipping Risk Management

Carriers Key Roles in Global Shipping Risk Management

This article provides a detailed analysis of the core responsibilities and obligations of carriers in international shipping, particularly in multimodal transport. It covers aspects such as providing seaworthy vessels, proper cargo handling, and adhering to shipping routes. The article also discusses the definition of responsibilities in cargo receipt and delivery, situations of exemption, and the special liabilities and compensation limits that apply in intermodal transport scenarios.

08/04/2025 Logistics Encyclopedia
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WCO Advances Global Customs Management Through Expertise Collaboration

WCO Advances Global Customs Management Through Expertise Collaboration

The World Customs Organization (WCO), as a professional body in the global customs field, is committed to enhancing the efficiency and security of customs management while facilitating international trade. Through extensive international cooperation and technological innovation, WCO promotes the standardization and reform of customs affairs worldwide, becoming a crucial leader in customs management.

08/08/2025 Customs Knowledge
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Global Shipping Guide Cargo Release and Risk Management

Global Shipping Guide Cargo Release and Risk Management

This paper delves into four common methods of cargo release in international ocean freight: Telex Release, Ocean Bill of Lading, Sea Waybill, and Destination Release. It compares and analyzes their advantages, disadvantages, applicable scenarios, and risk levels. The study emphasizes that when selecting a release method, factors such as the trust level between buyer and seller, payment status, cargo value, and time constraints must be comprehensively considered. The goal is to achieve a balance between risk control and efficiency improvement in international logistics operations.

02/05/2024 Logistics Encyclopedia
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Pameroy Management Ltd SWIFT Code Eases Global Transfers

Pameroy Management Ltd SWIFT Code Eases Global Transfers

This article provides a detailed analysis of the SWIFT/BIC code PAGGMH22XXX for Pamelroy Management Inc. in the Marshall Islands. It explains the code's structure and applicable scenarios, offering a practical guide for cross-border remittances. The importance of accurate information is emphasized to help users avoid remittance errors and ensure funds reach their destination securely and efficiently. The guide aims to facilitate secure and efficient international money transfers.

09/01/2025 International Settlement
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