IFCBA is pleased to welcome its newest associated business, Global Express Multilogistics Pvt. Ltd., India, located in Mumbai.

Source: World Customs Organization

The 10^th Session of the WCO Capacity Building Committee (CBC) was held in Brussels from 8 to 10 April 2019, under the theme “Reflecting on the Past, Embracing the Future”.  This Session was particularly important as it commemorated the decade mark since the first CBC was held back in 2010.

Source: Global Trade Magazine

Source: Office of the United States Trade Representative

Washington, DC – The World Trade Organization (WTO) has found repeatedly that European Union (EU) subsidies to Airbus have caused adverse effects to the United States.  Today, the Office of the United States Trade Representative (USTR) begins its process under Section 301 of the Trade Act of 1974 to identify products of the EU to which additional duties may be applied until the EU removes those subsidies. 

Source: Jeweller Magazine

Source: Air Cargo News

E-commerce is a gift from heaven for the air cargo sector but it faces several challenges if it is to capitalise on the opportunity it presents, according to speakers at the World Cargo Symposium.

Ludwig Hausmann, partner at McKinsey & Company, said that e-commerce had grown at a year-on-year rate of 20% over the last 15 years. Growth is expected to continue at 10-15% over the next five to 10 years.

Source: Jamaica Observer

The World Trade Organization (WTO) Agreement on Trade Facilitation, commonly known as the Trade Facilitation Agreement (TFA), is the success of the Doha Development Round of multilateral trade negotiations. After several years of exploratory work, in 2004 it was decided to negotiate this agreement.

Source: EDC

When Andrés Manuel López Obrador (popularly known as AMLO) won a landslide victory in Mexico’s elections in July 2018, his administration obtained a strong popular mandate and sufficient political capital to implement his sweeping legislative agenda. Through future defections and ad-hoc alliances, it could even affect changes to the constitution. 

Source: Hellenic Shipping News Worldwide

The Bureau International des Containers (BIC) is pleased to announce that the UNODC-WCO Container Control Programme (CCP) has won the 2018 BIC Award which was recently presented at the World Customs Organization headquarters in Brussels.

Source: Crowell & Moring LLP

President Trump indicated in a press release from the USTR that he intends to remove India and Turkey from the list of Generalized System of Preferences (GSP) eligible countries. GSP provides reduced tariff rates for certain products from certain developing and least developed countries.