Peru Boosts Border Efficiency with WCO Trade Partnership

Peru Boosts Border Efficiency with WCO Trade Partnership

The World Customs Organization (WCO) conducted a follow-up mission to Peruvian border agencies to strengthen cooperation and improve border control efficiency. By introducing the Coordinated Border Management (CBM) concept and developing a roadmap, focusing on enhanced information sharing, standardized procedures, risk management, and capacity building, Peru aims to establish an efficient and collaborative border control system. This initiative is expected to facilitate trade, boost economic development, and create new opportunities for growth. The mission highlights the importance of international collaboration in modernizing border operations.

Driving Forces and Transformation in the New Normal of the Shipping Industry

Driving Forces and Transformation in the New Normal of the Shipping Industry

In the context of the new economic normal, the shipping industry faces uncertainties in recovery. This paper explores the impact of the Belt and Road Initiative on the shipping market, emphasizing that shipping companies must shift their growth models to focus on endogenous drivers. Companies should enhance their management capabilities and resource allocation abilities to adapt to the complex global economic situation. Additionally, the emergence of new forces, such as the internet, offers new opportunities for business development.