News

Source: WCO The WCO continues its close cooperation with the World Health Organization (WHO) to contribute to the rapid cross-border movement of medical supplies and medicines needed urgently during the current COVID-19 global pandemic. Following the coordinated response adopted by the two…

IFCBA members around the world have contact with air carriers and air cargo every day. The airline industry has been hard hit by the COVID-19 pandemic, and is doing all it can to support economic recovery. We thought you might enjoy this short and hopeful video from our friends at IATA. Watch now

Source: Outlook The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended the facility given to businesses to import and export goods without furnishing bonds to the Customs authorities till May 15 in view of the extension of the lockdown period till May 3. Earlier this month, the…

Source: WCO In view of the global health emergency situation caused by the COVID-19 pandemic, the World Customs Organization (WCO) Secretariat has published a “WCO Guidance on how to communicate during a crisis” to assist its Members in reacting to communication challenges posed by the global crisis…

Source: WCO On 15 April 2020, the World Customs Organization (WCO) and the Universal Postal Union (UPU) sent a joint letter to inform their respective Members of the actions taken by the WCO and the UPU in response to the COVID-19 outbreak, emphasizing that coordination between Customs…

The World Customs Organization’s Private Sector Consultative Group presented a paper to the WCO Secretary General with recommendations for responses to the challenges caused by the COVID-19 pandemic. IFCBA representatives Jaime King, who is the PSCG’s current Vice-Chair and Carol West, a Past Chair…

Source: WCO In late 2019, the first outbreak of what has now become known globally as the Coronavirus Disease 2019 (COVID-19) was reported. On 11 March 2020, the COVID-19 outbreak was categorized by the Director-General of the World Health Organization (WHO) as a pandemic. The spread of the COVID-19…

These are challenging times for all of us no matter where we live in the world. With so much uncertainty and in the interests of all IFCBA members, the decision has been made to postpone the IFCBA 2020 Global Trade Seminar Series originally scheduled for June 2020. The new dates for our 2020 event…

Source: WTO World trade is expected to fall by between 13% and 32% in 2020 as the COVID-19 pandemic disrupts normal economic activity and life around the world. The wide range of possibilities for the predicted decline is explained by the unprecedented nature of this health crisis and the…