2016 IFCBA World Conference

The 2016 IFCBA World Conference, "Facilitating Trade Through the Customs-Business Connection", will take place from May 17 - 21, in Shanghai, China. Please click here to register, and for more conference details!

About the IFCBA

The IFCBA has been representing the interests of the worlds' customs brokers and their clients since 1990. Many of our member associations have been involved in similar activities within their own countries for nearly a century. » more

Recent News

Although the registration deadline has passed for those who require a visa to travel to China, if you already have a Chinese visa and have not yet registered for the IFCBA 2016 World Conference in Shanghai from May 17-21, you still have time to submit your registration request. The deadline for submission of your registration package to the IFCBA Secretariat is May 1, 2016. Unfortunately, registrations cannot be accepted after that date.

Register today!

WTO members held their first discussions on 22 April regarding implementation of the Ministerial Decision on Preferential Rules of Origin for Least Developed Countries (LDCs). The Ministerial Decision was one of the key outcomes of the WTO’s 10th Ministerial Conference in Nairobi last December.

For more details, please visit: https://www.wto.org/english/news_e/news16_e/roi_26apr16_e.htm.

 

The Russian Federation has become the 77th WTO member to ratify the new Trade Facilitation Agreement (TFA). The Russian Federation’s Minister of Economic Development, Alexey Ulyukaev, met with Director-General Roberto Azevêdo on 22 April and presented his country’s TFA instrument of acceptance

“I was very happy to meet with Minister Ulyukaev today and receive Russia’s instrument of acceptance,” DG Azevêdo said. “The WTO’s Trade Facilitation Agreement is particularly important for such a large nation bridging two continents. Trade facilitation can help Russia expand its trade relations and diversify its economy by significantly reducing the time and costs of moving goods across its many borders.”

Concluded at the WTO’s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.

This has been excerpted from a 22 April 2016 news item by the World Trade Organization and is available in its entirety at:
https://www.wto.org/english/news_e/news16_e/fac_22apr16_e.htm 

India has ratified the new Trade Facilitation Agreement (TFA). India’s WTO ambassador Anjali Prasad handed over her country’s instrument of acceptance to Director-General Roberto Azevêdo on 22 April.

“I’m very pleased to receive India’s instrument of ratification from Ambassador Prasad,” DG Azevêdo said. “India is one of the most dynamic economies in the world today and has become a top recipient of foreign investment. Ratifying the WTO’s Trade Facilitation Agreement will help India further boost economic growth by reducing trade costs and supporting its integration into the global economy.”

Concluded at the WTO’s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.

This has been excerpted from a 22 April 2016 news item by the World Trade Organization and is available in its entirety at:
https://www.wto.org/english/news_e/news16_e/fac_21apr16_e.htm

The World Trade Organization (WTO) recently released its “World Trade 2016 and Prospects 2016” report. In it, the only nation to achieve “impressive” import-export growth in 2015 was a surprising Southeast Asian nation: Vietnam.

The report analyzed the performance of 30 of the leading import-export economies of the world that are members of the WTO. None of the other nations reviewed showed results for import-export growth last year that were as high as Vietnam’s...

This has been excerpted from 12 April 2016 article by the Economy Watch.