Source: The Gleaner
The Customs Brokers and Freight Forwarders Association of Jamaica (CBFFAJ) successfully staged their annual general meeting on Sunday, July 19 at The Jamaica Pegasus hotel at which they elected an 18-member executive team, headed by President Clive W. Coke.
Source: WTO
The WTO issued today (31 July) the latest edition of its annual publication on international trade statistics, the “World Trade Statistical Review”.
Source: Financial Times
The government has urged business to take advantage of a £50m grant scheme to boost the training and recruitment of 50,000 new customs brokers for the coming trade border with the EU, despite industry warnings that the scheme is insufficient and “flawed”
Customs, logistics and haulage industry leaders said the drive to expand capacity in the customs sector before border checks come into force in January next year was facing headwinds caused by Covid-19 and the uncertainty around EU-UK trade talks.
Source: Financial Times
The government has urged business to take advantage of a £50m grant scheme to boost the training and recruitment of 50,000 new customs brokers for the coming trade border with the EU, despite industry warnings that the scheme is insufficient and “flawed”.
Customs, logistics and haulage industry leaders said the drive to expand capacity in the customs sector before border checks come into force in January next year was facing headwinds caused by Covid-19 and the uncertainty around EU-UK trade talks.
Source: CHINADAILY
Norms improved to minimize and offset export-oriented firms' financial losses
The government will further improve efficiency of Customs clearance to solve the difficulties for both exporters and importers to remove their burdens and enhance their motivation and vitality, officials said on Wednesday.
Source: Jamaica Information Service
Effective Monday, July 20, importers applying for permits from the Trade Board Limited (TBL), must do so through the Jamaica Single Window for Trade (JSWIFT) facility, in keeping with the thrust to improve trade efficiency.
The TBL will cease accepting new applications, as part of the phased digitisation of State Border Regulatory Agencies (BRAs), facilitating import and export related engagements under the JSWIFT initiative.
Source: ahramonline
Roberto Azevêdo, director-general of the World Trade Organization, told Ahram Online in an interview that the coronavirus crisis has caused a shock to the world's economies that will hit growth and reduce the volume of international trade exchange by more than 13 percent.
He also said that while WTO regulations allow countries to temporarily ban some strategic exports, may of these initial trade restrictions have now been lifted.
Source: Bloomberg
The next big money-making opportunity of Brexit has emerged: selling customs services.
With Britain’s split from the European Union heralding the introduction of border controls between the U.K. and its largest trading partner for the first time in three decades, companies are rushing to acquire the means to file the new customs paperwork that will be required from January.
Source: WCO
Within the framework of the WCO Capacity Building Programs for the Liberia Revenue Authority (LRA), the WCO delivered a national workshop on Time Release Study (TRS) to support the national efforts of the Customs Administration of Liberia in moving forward with its TRS project. The workshop was organized from the 8th to 9th July 2020, virtually, as part of the preparation for the Liberia TRS Working Group (WG) to start drafting the TRS report. The virtual workshop was conducted using the WEBEX platform.
IFCBA would like to congratulate Customs Brokers and Forwarders Council of Australia (CBFCA) on their new organization International Forwarders and Customs Brokers Association of Australia Ltd. (IFCBAA). IFCBA Director Paul Damkjaer is the CEO of the new organization.
