WCO Boosts Cameroon Customs Import Valuation and Revenue

WCO Boosts Cameroon Customs Import Valuation and Revenue

The WCO assessed Cameroon's customs valuation system to help it comply with the WTO Agreement, enhance revenue collection, facilitate trade, and reduce trade frictions. The assessment likely identified areas for improvement and provided recommendations for strengthening the system and ensuring its alignment with international standards. This support aims to improve Cameroon's trade competitiveness and contribute to its economic development by fostering a more transparent and efficient customs environment.

01/22/2026 Customs Knowledge
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Excel Streamlines Costeffective Procurement Management

Excel Streamlines Costeffective Procurement Management

This comprehensive Excel procurement management system covers core modules such as product and supplier information, inquiries, orders, inbound deliveries, requisitions, inventory, payments, and accounts payable. Built-in formulas support automated statistical analysis, enhancing procurement efficiency. It is recommended to back up the system before use. This system is for learning and communication purposes only.

01/23/2026 Warehousing
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Ozon Marketplace Sellers Urged to Address Hidden Fees for Profit Growth

Ozon Marketplace Sellers Urged to Address Hidden Fees for Profit Growth

Operating an Ozon store often leads to profit leakage due to hidden fees. This article reveals five major 'money-sucking black holes': automatic promotions, advertising bids, paid trials, point-based reviews, and rule changes. We provide corresponding strategies to help you carefully manage expenses, plug the loopholes, and maximize profits. By understanding these hidden costs and implementing proactive measures, you can significantly improve your Ozon store's profitability and overall financial performance.

01/10/2026 International Settlement
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Workforce Visibility Cuts Logistics Costs Boosts Efficiency

Workforce Visibility Cuts Logistics Costs Boosts Efficiency

Logistics companies face workforce challenges, making workforce visibility crucial. Optimizing workforce allocation, improving efficiency, reducing costs, and enhancing employee satisfaction are key to helping companies reduce costs and increase efficiency. Effective workforce management strategies enable better resource allocation, streamlined processes, and improved employee engagement, ultimately leading to significant cost savings and enhanced operational performance within the logistics sector. Addressing these challenges allows for a more agile and responsive workforce, capable of adapting to fluctuating demands and market conditions.

01/26/2026 Logistics Industry Insights
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Albania Enhances Polymer Testing with Wcobacked Customs Lab Upgrade

Albania Enhances Polymer Testing with Wcobacked Customs Lab Upgrade

The World Customs Organization (WCO) assisted the Albanian Customs Laboratory in enhancing its polymer analysis capabilities. A workshop focused on key techniques such as Differential Scanning Calorimetry (DSC) and Thermogravimetric Analysis (TGA). In-depth analysis of the Combined Nomenclature (CN) coding of the European Union was also covered. The initiative aims to improve the ability of customs officers to classify and analyze polymers and elastomers, ultimately promoting trade facilitation. This will lead to more accurate tariff classification and better enforcement of customs regulations.

01/26/2026 Customs Knowledge
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Sri Lanka Tackles Plastic Waste With World Customs Support

Sri Lanka Tackles Plastic Waste With World Customs Support

The World Customs Organization (WCO) is assisting Sri Lanka Customs in upgrading its border controls to address the growing problem of cross-border plastic waste flows. Through virtual diagnostic missions, customized implementation plans, and regional workshops, the WCO aims to strengthen customs' management of plastic waste, curb illegal shipments, protect the environment, and build a new global framework for plastic waste governance. This initiative highlights the importance of international collaboration in tackling environmental challenges and enhancing customs' role in preventing illicit trade.

01/26/2026 Customs Knowledge
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WCO Backs Cameroon Customs in Audit System Modernization

WCO Backs Cameroon Customs in Audit System Modernization

The WCO is assisting Cameroon Customs in upgrading its post-clearance audit (PCA) system. This involves optimizing organization, processes, risk management, and technology. The initiative is data-driven, aiming to enhance trade facilitation and improve revenue collection. By leveraging data analysis, Cameroon Customs can better target high-risk areas and streamline legitimate trade flows. The modernization efforts are expected to lead to increased efficiency and effectiveness in customs operations, ultimately contributing to economic growth and improved border security.

01/26/2026 Customs Knowledge
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The Strategic Value and Development Potential of Aden Port

The Strategic Value and Development Potential of Aden Port

Aden Port, located in Yemen's Aden governorate, is a vital port due to its unique geographic position and diverse import and export activities, making it an important hub connecting Asia, Africa, and Europe. The port features deep-water berths and excellent oil and gas facilities, which are expected to significantly impact future economic development.

07/24/2025 Port Encyclopedia
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Shipping Firms Adopt New Strategies to Cut Demurrage Costs

Shipping Firms Adopt New Strategies to Cut Demurrage Costs

Reducing the demurrage costs of international shipping for 40-foot containers is crucial. This article presents the calculation formula for demurrage fees and offers strategies such as pre-shipping measurements, flexible booking, scientific loading, and long-term management. The aim is to help companies optimize their logistics processes, lower unnecessary expenses, and enhance overall efficiency.

09/15/2025 Logistics Encyclopedia
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