ADB WCO Enhance Asian Trade Via Customs Reforms

ADB WCO Enhance Asian Trade Via Customs Reforms

The Asian Development Bank (ADB) and the World Customs Organization (WCO) are strengthening their collaboration to enhance trade facilitation in Asia. This partnership focuses on adopting WCO standards, promoting customs modernization, and fostering regional cooperation. The aim is to build an efficient, transparent, and secure trading environment, ultimately contributing to regional economic prosperity. The collaboration will involve joint efforts to implement best practices and streamline customs procedures across the region.

12/30/2025 Customs Knowledge
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Global Trade Experts Gather at WCO Academy in Brussels

Global Trade Experts Gather at WCO Academy in Brussels

The 3rd WCO Knowledge Academy successfully took place in Brussels, gathering 155 customs and trade professionals from 50 countries. The two-week intensive training covered traditional customs topics, trade facilitation, security frameworks, and featured a special “Women in Leadership” workshop. The WCO Secretary General personally presented certificates, recognizing the participants' achievements. The Knowledge Academy promoted international exchange and cooperation in the field of customs and trade, contributing to global trade development.

12/30/2025 Customs Knowledge
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WCO and UNCTAD Partner to Boost Global Trade Efficiency

WCO and UNCTAD Partner to Boost Global Trade Efficiency

In 2014, the WCO and UNCTAD Secretaries-General met in Geneva, focusing on the harmonized implementation of the WTO Trade Facilitation Agreement (TFA). They emphasized providing needs assessments and technical assistance based on WCO instruments to avoid implementation divergence. Discussions also covered addressing complex cross-border trade issues, improving transportation and logistics efficiency. Both parties committed to further strengthening cooperation to build an efficient and transparent global trade system.

12/30/2025 Customs Knowledge
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ATA Carnet Marks 50 Years Easing Global Trade

ATA Carnet Marks 50 Years Easing Global Trade

As the World Customs Organization celebrates the 50th anniversary of the ATA Carnet system, stakeholders emphasized its importance as a model of customs-business partnership in promoting trade and investment. Discussions focused on developing a paperless ATA Carnet, reaffirming the crucial role of customs-business collaboration in enhancing system efficiency. By simplifying customs procedures and reducing trade costs, the ATA Carnet system significantly contributes to global trade facilitation.

12/30/2025 Customs Knowledge
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Philippines Kenya Simplify Customs to Boost Trade

Philippines Kenya Simplify Customs to Boost Trade

In 2010, the Philippines and Kenya acceded to the Revised Kyoto Convention, signifying their commitment to simplifying customs procedures and promoting international trade facilitation. The Convention aims to enhance trade efficiency, reduce costs, and foster global economic growth through streamlined processes, the application of information technology, risk management, and strengthened cooperation. The promotion and effective implementation of the Convention are crucial for building a more open and interconnected global trading system.

12/30/2025 Customs Knowledge
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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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WCO Launches Newsletter to Boost Global Customs Training

WCO Launches Newsletter to Boost Global Customs Training

The WCO has launched the 'Capacity Builder Newsletter' to support global customs capacity building. It provides information, experiences, and expert perspectives. This initiative complements briefings, certifications, and e-learning platforms, offering a comprehensive approach to enhancing customs capabilities worldwide. The newsletter aims to facilitate knowledge sharing and promote best practices within the international customs community, ultimately contributing to more efficient and effective border management and international trade facilitation.

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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Niger Enhances Trade Skills with WTO Workshop

Niger Enhances Trade Skills with WTO Workshop

In 2010, the WTO held a trade facilitation workshop in Niger to identify the country's needs and priorities through self-assessment. Experts from UNCTAD and WCO assisted in the workshop, enhancing Nigerien officials' awareness of international trade challenges and clarifying actions aligned with WTO principles. The workshop focused on customs issues, deepening participants' understanding of international trade and customs affairs, and contributing to Niger's integration into the global trading system.

12/30/2025 Customs Knowledge
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Timorleste Updates Customs Tariff with WCO Backing

Timorleste Updates Customs Tariff with WCO Backing

At the request of Timor-Leste, the World Customs Organization (WCO), through the WCO-Norad project, provided technical assistance to support the country's tariff update from HS 2012 to HS 2017. This initiative aims to enhance Timor-Leste Customs' commodity classification capabilities, integrate into the ASEAN Economic Community, and promote trade facilitation and economic development. The project encompassed tariff assessment, gap analysis, training guidance, and system upgrades, contributing to the modernization of Timor-Leste Customs.

11/03/2025 Customs Knowledge
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