IFCBA's blog

The IFCBA congratulates Mr. Hiroshi Suzuki of the Japan Customs Brokers Association (JCBA)!

Mr. Hiroshi Suzuki, President of JCBA was awarded “the Order of the Rising Sun, Gold Rays with Neck Ribbon” by His Majesty the Emperor at the Imperial Palace on 15th of November this year for having greatly contributed toward the advancement of customs brokerage in Japan.

Committee on Trade Facilitation meets for first time

WTO members gathered on 16 May for the inaugural meeting of the Committee on Trade Facilitation, the body responsible for overseeing implementation of the WTO’s historic Trade Facilitation Agreement (TFA).

IFCBA at the WCO

The WCO has a busy calendar of meetings and this past week, its Trade Facilitation Agreement Working Group held its sessions.  IFCBA Past Chair Jaime King and IFCBA Secretary Carol West were in attendance.

For more details on the meeting, please read this article, which appeared in the WCO News today.

How Data Could Thwart Amazon's Freight Forwarding Ambitions

One of the world's most important tech investors has told the logistics industry that there is little cause for its worrying about the emergence of Amazon as a third-party logistics provider.
 
At last week's TPM conference in Long Beach, managing director at start-venture capital firm Felicis Ventures, Wesley Chan, said he doubted that many shippers would want to hand over the sort of product data they would need to if employing Amazon as their freight forwarder.
 

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.

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.

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.

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