WCO Enhances Malawis Wildlife Trafficking Fight

WCO Enhances Malawis Wildlife Trafficking Fight

The World Customs Organization's INAMA project is helping the Malawi Revenue Authority enhance its risk management capabilities to combat illegal wildlife trade. Through diagnostics, training, and collaboration, the project aims to improve the risk management framework, enhance risk analysis skills, strengthen international cooperation, and increase detection efficiency. It also focuses on raising public awareness to collectively combat illegal trade and protect endangered species. The project ultimately contributes to a more effective and coordinated response to wildlife trafficking in Malawi.

WCO Program Enhances Madagascar Customs Efficiency

WCO Program Enhances Madagascar Customs Efficiency

The World Customs Organization (WCO) provided technical assistance on risk management to Madagascar Customs, aiming to enhance trade facilitation by optimizing risk assessment, clearance procedures, and inter-agency collaboration. Funded by HM Revenue & Customs of the UK, the project involved an expert team analyzing the current situation and proposing improvements. This initiative supports Madagascar Customs in achieving sustainable development and economic growth by strengthening its risk management capabilities and streamlining trade processes, ultimately contributing to a more efficient and secure trading environment.

Asiapacific Customs Adopts Advanced Cargo Data for Targeted Inspections

Asiapacific Customs Adopts Advanced Cargo Data for Targeted Inspections

The World Customs Organization (WCO) held a seminar in the Asia-Pacific region focusing on leveraging Advance Cargo Information (ACI) to enhance customs risk assessment and targeting capabilities. Representatives from 26 customs administrations participated, engaging in in-depth discussions on key aspects such as risk management, risk profiling, and targeting. The seminar aimed to improve the ability of Asia-Pacific customs to address trade risks and promote trade facilitation. The discussions highlighted the importance of data quality and collaboration for effective ACI implementation.

Madecom Collapse Offers Lessons for DTC Furniture Sector

Madecom Collapse Offers Lessons for DTC Furniture Sector

Made.com, once hailed as a shining example of DTC furniture e-commerce, collapsed just a year after its IPO. The entrepreneurial legend of founder Ning Li came to an abrupt end. A combination of factors, including the fading pandemic boom, supply chain crises, inflation, and increased competition, contributed to the shattering of its £7 billion valuation. Following its acquisition by Next, whether Made.com can regain its former glory remains a significant challenge. The company's rapid rise and fall serve as a cautionary tale in the volatile e-commerce landscape.

Pacific Nations Strengthen Customs to Spur Economic Growth

Pacific Nations Strengthen Customs to Spur Economic Growth

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), has launched the Master Training Program (MTP) to develop regional taxation experts in Pacific Island Countries. This initiative aims to enhance customs valuation and commodity classification capabilities, thereby addressing tax revenue leakages and promoting sustainable economic development. Focusing on the specific taxation challenges faced by these island nations, the program builds a pool of expert trainers and develops specialized training materials. This provides a solid foundation for regional customs capacity building and contributes to improved revenue collection.

WCO Program Strengthens African Customs for Trade Growth

WCO Program Strengthens African Customs for Trade Growth

The World Customs Organization (WCO), with EU funding, held a Technical and Operational Advisor (TOA) accreditation workshop for French-speaking African countries. The aim was to enhance customs officials' skills in areas like commodity classification, origin, and valuation. Through pre-accreditation and field visit assessments, the project seeks to expand the pool of experts and facilitate regional trade. Quantitative evaluation and continuous improvement are crucial for the project's success, contributing to the upgrading of African trade. The program ultimately aims to streamline customs procedures and boost economic development within the region.

Global Shipping Firms Tackle Lost Bills of Lading Risks

Global Shipping Firms Tackle Lost Bills of Lading Risks

Losing an international ocean bill of lading is a common risk in foreign trade. This article provides a comprehensive guide to address this issue, covering risk analysis, liability division, emergency measures, and long-term strategies. Key areas include notifying the shipping company, public announcement for claim, delivery without the original bill of lading procedures, and risk prevention mechanisms. This helps companies effectively control risks and protect their rights and interests. It offers practical advice on mitigating potential losses associated with lost or missing bills of lading.

Moldova Strengthens Border Controls with New Customs Measures

Moldova Strengthens Border Controls with New Customs Measures

The World Customs Organization (WCO) conducted a risk management workshop for the Customs Service of Moldova. This initiative aimed to enhance their capabilities in combating fraud and improving risk analysis at airports. The workshop contributes to building a more secure border protection system for Moldova, strengthening its ability to identify and mitigate potential threats related to cross-border movements of goods and people. By focusing on risk management principles and best practices, the WCO supports Moldova in safeguarding its national security and facilitating legitimate trade.

UK Border Force WCO Boost Global Trade Security

UK Border Force WCO Boost Global Trade Security

The World Customs Organization (WCO), in collaboration with UK Border Force (UKBF), is upgrading the WCO Cargo Targeting System (WCO CTS) to enhance risk identification and response capabilities for customs administrations worldwide. This collaboration will leverage combined expertise to create more robust data processing and risk assessment functionalities. The upgraded system will support the WCO SAFE Framework, contributing to a more secure and efficient global trade system. The focus is on improving pre-arrival cargo inspection and bolstering overall trade security through advanced risk assessment techniques.