Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh's accession to the Revised Kyoto Convention marks a significant step towards trade facilitation. This convention aims to simplify customs procedures, improve clearance efficiency, enhance trade environment transparency, promote information technology application, strengthen risk management, and foster closer trade partnerships. This will inject new impetus into Bangladesh's economic development by streamlining trade processes and creating a more predictable and efficient trading environment, ultimately contributing to economic growth and competitiveness.

12/30/2025 Customs Knowledge
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Malta Adopts Revised Kyoto Convention to Boost Trade

Malta Adopts Revised Kyoto Convention to Boost Trade

Malta's accession to the Revised Kyoto Convention demonstrates its commitment to trade facilitation. The Convention aims to reduce trade barriers and enhance global trade efficiency by simplifying customs procedures, increasing transparency, and utilizing information technology. Malta's membership is expected to boost its trade competitiveness, attract foreign investment, and promote economic diversification. In the future, data analysis will help assess the effectiveness of the Convention's implementation and drive continuous improvement.

12/30/2025 Customs Knowledge
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China's FTZs Boost Trade Efficiency with Innovative Reforms

China's FTZs Boost Trade Efficiency with Innovative Reforms

The Free Trade Zone has enhanced trade facilitation and customs efficiency through innovative regulation and experience replication, successfully lowering warehousing and logistics costs. The pilot free trade zones in Zhejiang, Shaanxi, Liaoning, and Sichuan have implemented effective measures to support various types of trade, significantly boosting enterprise competitiveness and market participation. The simplification of customs processes and the application of technology have made import and export trade increasingly efficient, driving regional economic development and changing the market landscape.

07/29/2025 Logistics
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Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

The Rwanda Revenue Authority organized HS training to enhance the commodity classification skills of customs officers and promote trade development. This training aimed to improve the accuracy and efficiency of customs procedures, reducing delays and costs associated with international trade. By strengthening the capacity of customs officials in correctly classifying goods, the initiative contributes to improved revenue collection, enhanced compliance, and ultimately, greater trade facilitation for Rwanda.

01/05/2026 Customs Knowledge
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WCO Releases Blueprint for Secure Global Trade Efficiency

WCO Releases Blueprint for Secure Global Trade Efficiency

The World Customs Organization (WCO) promotes the safe and efficient circulation of goods and enhances international trade facilitation by establishing unified policies. Its core initiatives include the WCO SAFE Framework, the Revised Kyoto Convention, and data models, effectively coordinating collaboration between customs and other government agencies to create a favorable environment for legitimate trade.

08/06/2025 Customs Knowledge
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Latin America Adopts Revised Kyoto Convention to Streamline Trade

Latin America Adopts Revised Kyoto Convention to Streamline Trade

The World Customs Organization (WCO) is promoting the Revised Kyoto Convention (RKC) in Brazil, encouraging Latin American countries to join. The WCO emphasizes the RKC's importance for trade facilitation and supply chain security. Joining the RKC can streamline customs procedures, reduce trade costs, and enhance the predictability of international trade. This initiative aims to improve the efficiency and security of trade flows within the region and globally by adopting international standards for customs procedures.

12/30/2025 Customs Knowledge
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WCO Advocates Gender Equality in Global Trade

WCO Advocates Gender Equality in Global Trade

The World Customs Organization (WCO) hosted the 'Brussels Women in Trade Network' conference, aiming to enhance women's participation in global trade. The WCO emphasized promoting gender equality and plans to research related challenges. The EU Trade Commissioner shared experiences from TTIP negotiations, encouraging women to pay attention to trade policy developments. The conference fostered cooperation between the WCO and the EU, jointly promoting the facilitation and sustainable development of global trade. The event highlighted the importance of empowering women within the international trade landscape.

01/05/2026 Customs Knowledge
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Kazakhstan Advances Customs Modernization Via WCO Audit Workshop

Kazakhstan Advances Customs Modernization Via WCO Audit Workshop

The World Customs Organization (WCO) conducted an online national seminar for Kazakhstan, focusing on post-clearance audit (PCA) capacity building. The seminar aimed to enhance the country's customs trade compliance, promote trade facilitation, and highlighted the importance of a 'soft and hard' approach to auditing, risk management, information sharing, and international cooperation. This initiative supports Kazakhstan's customs modernization efforts.

01/05/2026 Customs Knowledge
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Lesotho Boosts Trade Efficiency with WCO Assistance

Lesotho Boosts Trade Efficiency with WCO Assistance

The Lesotho Revenue Authority (LRA) is strengthening its collaboration with the World Customs Organization (WCO) to enhance trade facilitation through capacity building. A WCO expert team provided tailored training in Lesotho, assisting the LRA in optimizing customs clearance processes, reducing trade costs, and enhancing international competitiveness. This initiative aims to inject new vitality into Lesotho's economic development.

01/19/2026 Customs Knowledge
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Finnish Customs Boosts Global Trade Via WCO Training

Finnish Customs Boosts Global Trade Via WCO Training

Finnish Customs actively participates in WCO capacity building projects, contributing to global customs capacity enhancement and trade facilitation through workshops and financial support. The Finnish government's financial support for WCO projects in East and Southern Africa will further promote customs modernization and trade development in the region. Finnish Customs will continue to deepen its cooperation with the WCO in the future, contributing to global trade prosperity. They aim to strengthen customs procedures and promote efficient trade practices worldwide.

12/30/2025 Customs Knowledge
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