Source: FreightWaves
In recent years, blockchain-based use cases have found significant traction within the freight industry. Blockchain’s ability to decentralize information and store it in an immutable ledger accessible by every stakeholder in the value chain can drive industry-wide collaboration and increase supply chain efficiency.
Source: WTO
At a meeting of the Committee on Rules of Origin on 15-16 May, WTO members continued to review the use and application of preferential rules of origin programmes for least-developed countries (LDCs). Members discussed a report from the WTO Secretariat looking at possible links between rules of origin and the low use of tariff preferences for LDC agricultural exports, and heard reports from the LDC Group further examining the issue of change of tariff classification criterion in drafting “substantial transformation” provisions of rules of origin.
Source: APEC News
Trade Ministers from the APEC member economies issued a statement following their meeting in Vina del Mar on 17-18 May 2019.
The statement reflects the outcomes of the 2019 APEC Ministers Responsible for Trade Meeting chaired by Chile’s Minister of Foreign Affairs Roberto Ampuero. It addresses the following areas:
Source: Xinhuanet
BEIJING, May 15 (Xinhua) -- Chinese customs will strengthen international collaboration on intellectual property rights (IPR) protection, an official with the General Administration of Customs (GAC) said Wednesday.
Jin Hai, chief of the GAC's Department of General Operation, told a press conference that the administration has established a cooperative mechanism with customs from more than 130 countries or regions.
For full details, please click here.
Source: WTO
INDIA - TARIFF TREATMENT ON CERTAIN GOODS
REQUEST FOR CONSULTATIONS BY JAPAN
The following communication, dated 10 May 2019, from the delegation of Japan to the delegation of India, is circulated to the Dispute Settlement Body in accordance with Article 4.4 of the DSU.
Please click here for the full communication.
Source: Lloyd's Loading List
It has been brought to our attention that Maersk is expanding its online booking services to include customs clearance and is already licensed to operate as a customs broker in some countries. IFCBA members may want to watch for when Maersk adds your country to the list of those where customs clearance is provided.
For full details, please click here.
The 13th Session of the WCO’s Technical Expert Group on Air Cargo Security (TEGACS) opened on 29 April 2019 with a record number of participants from among the World Customs Organization (WCO) Members, the International Civil Aviation Organization (ICAO) Member States, and from the private sector.
Source: The Times of India
KOCHI: The World Customs Organization (WCO), the world body for Customs agencies of various countries, called for enhancing cross border trade and international logistics.
Source: The Korea Times
Korea has vowed to take a leading role in fostering talented customs officials worldwide by capitalizing on its unique experience and knowhow in "capacity building" in administration.
Organized by the Korea Customs Service (KCS), capacity building is an initiative to help develop effective and efficient customs administration in developing countries.
For full details, please click here.
Source: Xinhuanet
BEIJING, April 25 (Xinhua) -- The China-Japan agreement on mutual Authorized Economic Operator (AEO) status will go into effect on June 1 to provide easier customs clearance for exporters, according to the General Administration of Customs (GAC).
Under the agreement, companies that obtain the AEO status in the two countries will enjoy simplified customs procedures, such as reduced examination and prioritized clearance, when they export products to the other country.
China and Japan signed the AEO agreement in October last year, said the GAC.
