WCO Supports Sudan in Improving Customs Risk Management

WCO Supports Sudan in Improving Customs Risk Management

A WCO assessment of Sudan Customs' risk management practices aims to support the country's implementation of the WTO Trade Facilitation Agreement. The report acknowledges progress while also identifying shortcomings and providing recommendations for improvement. This includes strengthening risk assessment methodologies, enhancing data analysis capabilities, and fostering better coordination among different customs units. The assessment seeks to optimize resource allocation and streamline customs procedures, ultimately contributing to increased trade efficiency and security for Sudan.

01/05/2026 Customs Knowledge
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WCO Workshop Enhances Risk Management for Asiapacific Customs

WCO Workshop Enhances Risk Management for Asiapacific Customs

The WCO Asia Pacific Regional Risk Management Accreditation Workshop was successfully held in Malaysia, aiming to cultivate a group of experts proficient in risk management to support customs administrations of member countries. Through rigorous selection and systematic training, participants mastered risk management tools and enhanced their professional skills. The event emphasized the core role of data analysis in customs risk management, contributing to building a secure and efficient global trade environment. The workshop underscored the importance of proactive risk assessment and mitigation strategies for improved customs operations.

01/05/2026 Customs Knowledge
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Zimbabwe Enhances Crossborder Trade with Risk Management Training

Zimbabwe Enhances Crossborder Trade with Risk Management Training

The Zimbabwe Revenue Authority, with support from the WCO and HMRC, successfully conducted a risk management workshop. This initiative empowered cross-border regulatory agencies, enhanced risk management capabilities, and promoted trade facilitation. By strengthening risk management practices and coordinating border management efforts, Zimbabwe is building a more efficient and secure environment for cross-border trade. The workshop aimed to equip officials with the necessary skills to identify and mitigate risks associated with international trade, ultimately contributing to economic growth and improved border security.

01/05/2026 Customs Knowledge
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WCO Aids Mongolia in Strengthening Customs Risk Management

WCO Aids Mongolia in Strengthening Customs Risk Management

The World Customs Organization (WCO) collaborated with Mongolian Customs to conduct a passenger risk screening workshop in Ulaanbaatar, aiming to enhance Mongolia's risk-based passenger targeting capabilities. The workshop covered risk management frameworks, behavioral analysis, questioning techniques, and the application of WCO risk management tools. It emphasized the strategic importance of risk management in customs modernization and explored future trends in intelligent risk management.

01/05/2026 Customs Knowledge
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Malaysia Boosts Border Security with Wcobacked Risk System

Malaysia Boosts Border Security with Wcobacked Risk System

The World Customs Organization (WCO) held a risk management workshop in Malaysia to support the Royal Malaysian Customs Department (RMCD) in strengthening its border security. The workshop focused on risk identification, targeting, postal/express consignment risk management, and international cooperation. By combining theory and practice, it aimed to enhance RMCD's risk management capabilities, laying the foundation for building a smart customs administration and safeguarding national security. The workshop provided valuable insights and practical tools for RMCD to improve its risk assessment and mitigation strategies.

01/05/2026 Customs Knowledge
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Risk Management Essentials CRMS Model and Key Strategies

Risk Management Essentials CRMS Model and Key Strategies

This paper delves into the golden rules of risk management, learning curves, and the CRMS® model. It emphasizes the significance of non-subjective standards, dynamic risk profiling, system encryption, and automated processes in risk assessment. Furthermore, it elucidates technology-driven and demand-pull innovation models, along with the application of econometrics within the CRMS® model. The aim is to provide readers with a comprehensive and practical knowledge framework for risk management, highlighting key principles and methodologies for effective risk mitigation and strategic decision-making.

01/05/2026 Customs Knowledge
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Douyin Shop Key Rules Strategies and Risk Management

Douyin Shop Key Rules Strategies and Risk Management

This article provides an in-depth interpretation of the core operational rules of Douyin Shop (TikTok Shop), focusing on key aspects such as Experience Score, product management, shipping, and after-sales service. It analyzes potential violations and provides practical recommendations to help merchants operate in compliance and enhance their shop's competitiveness. The article aims to guide sellers through the intricacies of the platform, minimizing risks and maximizing performance by understanding and adhering to the platform's guidelines.

01/06/2026 Logistics Encyclopedia
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Wishs Multistore Policy Boon or Risk for Sellers

Wishs Multistore Policy Boon or Risk for Sellers

Wish allows sellers to operate multiple stores, aiming to increase product variety and user engagement. However, sellers are generally concerned that this will intensify competition and reduce profit margins. Sellers should carefully evaluate their own capabilities, develop reasonable operating strategies, and pay close attention to platform policy changes to ensure compliant operations. It is crucial to understand the potential benefits and drawbacks before committing to managing multiple stores on the Wish platform.

01/06/2026 Logistics Industry Insights
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RMB Volatility Spurs Risk Strategies for Crossborder Ecommerce

RMB Volatility Spurs Risk Strategies for Crossborder Ecommerce

This paper analyzes the impact of recent RMB exchange rate fluctuations on cross-border e-commerce. It explores how sellers should formulate reasonable foreign exchange settlement strategies to effectively cope with exchange rate risks. The importance of comprehensively considering capital needs, exchange rate trend judgment, and risk tolerance is emphasized. The paper proposes measures such as utilizing foreign exchange derivatives, adjusting product pricing strategies, diversifying operations, and strengthening financial management. The aim is to help cross-border sellers seize opportunities and achieve sustainable development amidst exchange rate volatility.

01/06/2026 Exchange Rate Query
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Datadriven Strategies Optimize Global Ocean Freight Risk Management

Datadriven Strategies Optimize Global Ocean Freight Risk Management

International shipping booking requires attention to key aspects like market supply and demand, cargo information, carrier selection, cost confirmation, contract terms, and loading preparation. Utilizing digital tools and data analysis can improve booking efficiency and risk management, ensuring the safe and timely delivery of goods while reducing costs. Strategic booking considers factors such as vessel schedules, port congestion, and potential delays to optimize the supply chain and maintain competitive advantage. Effective communication and collaboration with carriers are also vital for a smooth booking process.

01/16/2026 Logistics Encyclopedia
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