2014 IFCBA World Conference

The International Federation of Customs Brokers Associations held its bi-annual world conference "Celebrating 25 Years of Trade Facilitation through Expertise and Innovation" in Seoul, Korea from May 13-17, 2014. Please click here for the press release and for the new IFCBA executive team. 

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

The government of Ecuador is working to define measures to replace the duties applied to Colombia and Peru for imported products since January 5, 2015, which are expected to be removed in the last week of February 2015.

According to Richard Espinosa, Minister of Production of Ecuador, the measures, whether tariff or non-tariff, will change how duties are applied both bilaterally and multilaterally and could take effect in late February.

These measures, as Genaro Baldeon, Deputy Negotiations, Integration and Trade Protection of the Ministry of Foreign Trade of Ecuador has stated, will be applied to all countries, whether or not belonging to the World Trade Organization (WTO) ,and are addressed to all imports, with possible differentiation by type of products.

This has been excerpted from the 25 February 2015 issue of IntegrationPoint.com.

Guatemala was endorsed by the president of Chile, Michelle Bachelet, to enter the Pacific Alliance also comprising Colombia, Peru and Mexico. The Guatemalan president, Otto Perez Molina, said the support was expressed during the bilateral meeting between the two leaders in the framework of the official visit to Guatemala by Bachelet.

In this regard, Foreign Minister of Guatemala, Carlos Raul Morales, said that during the next summit of the Pacific Alliance, Chile will support for the nation to be integrated into the block and get the commercial benefits of that organization.

Trade relations between Guatemala and Chile have been strengthened with bilateral protocol and a Free Trade with Central South American country, in force since March 2010.

This has been excerpted from the 25 February 2015 issue of IntegrationPoint.com.

The total US trade with Latin America in 2014 reached $ 844,100 million of dollars, 2.5% more than in 2013, representing a new record. US sales to the region increased by 3.7 % in 2014 , reaching $ 408,199 million dollars, while exports from Latin America to US grew by 1.5 % and stood at $ 435,901 million of dollars.

This rise is largely due to increased trade with Mexico, which grew 5.5 % in 2014, with a figure of 534,484,000 dollars, the largest increase in Latin America since trade between Mexico and the US accounted for 63.3 % of total US trade with Latin America in 2014.

Bolivia led the growth rate both in trade (32.2 %) and exports to the US (50.3 %), while Ecuador led in the area of imports from the US with a growth of 14.3%.

Venezuelan trade with the US fell by $ 3,659 million of dollars (due to the decrease in exports of crude oil), while US trade with Costa Rica decreased 13.6 %. Chile, Colombia, Panama, Peru and Uruguay also saw a decrease in shares of trade with the US in 2014.

This has been excerpted from the 25 February 2015 issue of IntegrationPoint.com.

IFCBA Chairman, Mr. Shantanu Bhadkamkar, attended the Consultative Workshop ‘Countering illegal wildlife trade: Collaborative Actions along Transportation and Supply Chains’ on 29-30 January 2015 in Bangkok.

The workshop presentations and high resolution files of the graphic records are now accessible through the following link: https://www.dropbox.com/sh/qh34jsd8cc7g0jx/AACTR-kRB0xJoP276Qb2vOXpa?dl=0 

Also, the following link has the opening remarks of Micheal Yates, Director of the USAID Regional Development Mission for Asia (RDMA) http://www.usaid.gov/asia-regional/speeches/jan-29-2015-remarks-usaid-rdma-workshop-countering-illegal-wildlife-trade

Last year’s peak season in Mexico brought about the worst capacity shortage we’ve experienced in a decade. The imbalance in trade between the U.S. and Mexico left shippers scrambling to find truck and rail capacity as carriers were forced to reposition empty equipment in order to meet the demand.

While shippers were hoping for relief during the offseason, that was not the case. Already in 2015, the normal pools for equipment that accrue in Mexico during the off season have yet to appear, so capacity remains tight. This has not only made for a challenging off season, but is also an indicator of things to come.

This has been excerpted from the 16 February 2015 issue of JOC.com and is available in its entirety at:
http://www.joc.com/trucking-logistics/us-mexico-cross-border-challenges-ahead_20150216.html (login required)