Blogs

Trans-Pacific Partnership Agreement has been added to the WCO Comparative Study on Preferential Rules of Origin

The Trans-Pacific Partnership (TPP) Agreement was signed on 4 February 2016 and it is the first of the so-called ‘mega-regional’ free trade agreements (FTAs), a term which refers to deep integration between countries, or regions with a major share of world trade and foreign direct investment (FDI). The 12 Parties to the Agreement are Australia, Brunei Darussalam, Canada, Chile, Japan, Mexico, Malaysia, New Zealand, Peru, Singapore, United States of America, and Viet Nam.

WTO launches new World Trade Outlook Indicator

The WTO has launched a new World Trade Outlook Indicator (WTOI) designed to provide “real time” information on trends in global trade. The WTOI was unveiled in Shanghai, China on 8 July, ahead of a meeting of G20 trade ministers.

What does Brexit mean for trade?

The fallout from the United Kingdom's vote on European Union membership, in which the 'Leave' campaign won a narrow victory, will have a wide range of repercussions that are difficult to assess in terms of scope, duration and size. The initial impact of this result has been global, and uncertainty remains a part of the post-vote reality.

Latest edition of WCO News now available

The WCO has published the 80th edition of WCO News, the Organization’s flagship magazine aimed at the global Customs community.

This edition features a special dossier on illicit trade which gathers together articles focusing on the trafficking in various commodities such as cultural goods, small arms, fisheries products and pesticides, as well as articles highlighting the tools and technologies that can contribute to enhancing Customs enforcement capabilities.

WTO report: “G20 trade restrictions reach highest monthly level since the crisis”

The WTO’s fifteenth trade monitoring report on G20 trade measures, issued on 21 June, shows the application of new trade-restrictive measures by G20 economies increased compared to the previous reporting period, reaching the highest monthly average registered since the WTO began its monitoring exercise in 2009.

2016 World Conference Presentations

We are pleased to offer access to all the presentations from the 2016 IFCBA World Conference (Shanghai, China) in the attached

Classification decisions taken at the 57th Session of the Harmonized System Committee have been released

The WCO Harmonized System Committee (HSC) held its 57th Session from 9 to 18 March 2016 at the WCO headquarters in Brussels. The decisions taken by the HSC during this Session have now been published on the WCO website. 

Publication of the WCO Study Report on Customs Brokers

The WCO is pleased to inform of the publication of the newly developed Study Report on Customs Brokers. The Study Report provides a general background and overview of Customs Brokers’ role in the international supply chain together with some suggested policy and organisational considerations on Customs Brokers regime and a model checklist for licensing/regulating brokers.

Additionally, the Report provides a range of cooperation opportunities between Customs and Brokers including the joint capacity building.

WCO attends the Shanghai World Conference of the International Federation of Customs Brokers Associations (IFCBA)

We were pleased to welcome special guest Mr. Sergio Mujica of the World Customs Organization at this year's IFCBA World Conference in Shanghai. Please visit the WCO website for an article relating to his visit and continue to watch as more news and photos of the conference will be coming soon!

Version 3.6.0 of the WCO Data Model has been released

The WCO, under its Data Model Project Team (DMPT), has successfully finalized the production of the version 3.6.0 of the WCO Data Model, a collection of international standards on data and information required not only by Customs, but also by government agencies, developed with the objective of achieving a consensus on the manner in which data will be used in applying regulatory facilitation and controls in global trade.

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