Blogs

How an Army of Postmen is Turning China's Rural Stores into the World's Largest Retail Network

A billionaire investor, a data-crunching genius and thousands of local postmen... How China's small-town stores are undergoing a tech revolution.
 
Samson Yeung won't relent in connecting China's village stores until he's reached saturation. "A million stores would be a very good number to dominate the market," he says. As Ule's chief operating officer, Yeung is moving fast to build the world's most ambitious real-time retail-data network. 
 

Trade Facilitation Agreement Enters into Force

A major milestone for the global trading system was reached yesterday, 22 February 2017, when the Trade Facilitation Agreement (TFA), the first multilateral deal concluded in the 21-year history of the World Trade Organization, entered into force.

In receiving four more ratifications for the Trade Facilitation Agreement (TFA), the WTO has obtained the two-thirds acceptance of the agreement from WTO's 164 members.

Latest edition of WCO News now available

The WCO has published the 82nd edition of WCO News, the Organization’s flagship magazine aimed at the global Customs community, which provides a selection of informative articles that touch the international Customs and trade landscape.

This edition features a special dossier on data analysis by Customs for more effective border management, and includes a number of country-specific experiences, particularly in the area of risk management and Customs modernization programmes.

Message of the WCO Secretary General on International Customs Day 2017

Data is generated by every economic activity, including the movement of goods and people and circulates extensively along the global value chain. Collecting and analyzing data to enhance the effectiveness of border management is of paramount importance to Customs administrations.

WCO Releases Guidelines on Customs-Tax Cooperation

Today, the WCO released Guidelines for strengthening cooperation and exchange of information between Customs and Tax authorities at the national level. These Guidelines have been formulated with the support of WCO Members and development partners, especially the Organisation for Economic Co-operation and Development (OECD) and the International Chamber of Commerce (ICC). The Guidelines aim to provide reference guidance to Customs and Tax authorities who wish to go further in their cooperation and develop operational models which enable agencies to work together to their mutual benefit.

The 2017 Edition of the Harmonized System Nomenclature is Coming. What's New?

Today, the World Customs Organization (WCO) released the 2017 edition of the Harmonized System Nomenclature, the world’s global standard for classifying goods in international trade, which will enter into force on 1 January 2017.

Used by over 200 countries and economic or Customs unions as well as by international organizations such as the United Nations Statistical Division (UNSD) and the World Trade Organization (WTO), the Harmonized System (HS) Convention currently has 154 Contracting Parties, making it the WCO’s most successful instrument to date.

Stay up to date on the Trade Facilitation Agreement

Members interested in following developments with the WTO Trade Facilitation Agreement as it approaches the magic number of 2/3 of its 164 members required for the TFA to come into force are encouraged to visit  www.TFAFacility.org.  Not only can you get the latest news and monitor the status of TFA ratifications and notifications, you also can sign up for NewsBytes from the WTO.

IFCBA Chair Bestowed with "Gallery of Legends" Award

IFCBA members will be pleased to hear that IFCBA Chair, Mr. Shantanu Bhadkamkar, was recognized for his commitment and dedication towards the cargo industry and bestowed with the "Gallery of Legends" Award at the "India Cargo Awards" on 3rd August 2016 

WCO ELECTS NEW CHAIRPERSON

At the July, 2016 meeting in Brussels of the World Customs Organization Council, members elected as Chairperson of the Council for the coming year Mr. R. Davydov of the Russian Federation. IFCBA offers congratulations to Mr. Davydov and thanks the outgoing Chairperson, Mr. Z. Chorfi from Morocco for his leadership in chairing the WCO with sensitivity to the needs of WCO members as well as the private sector.   

As Vice-Chairpersons of the Council, Delegates of the following countries were confirmed:

Australian workers plan border strike

Australia's Department of Immigration and Border Protection workers are to strike for a day, affecting travellers and freight nationally.

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