Trans-Pacific Partnership Agreement has been added to the WCO Comparative Study on Preferential Rules of Origin

The Trans-Pacific Partnership (TPP) Agreement was signed on 4 February 2016 and it is the first of the so-called ‘mega-regional’ free trade agreements (FTAs), a term which refers to deep integration between countries, or regions with a major share of world trade and foreign direct investment (FDI). The 12 Parties to the Agreement are Australia, Brunei Darussalam, Canada, Chile, Japan, Mexico, Malaysia, New Zealand, Peru, Singapore, United States of America, and Viet Nam.

What does Brexit mean for trade?

The fallout from the United Kingdom's vote on European Union membership, in which the 'Leave' campaign won a narrow victory, will have a wide range of repercussions that are difficult to assess in terms of scope, duration and size. The initial impact of this result has been global, and uncertainty remains a part of the post-vote reality.

Latest edition of WCO News now available

The WCO has published the 80th edition of WCO News, the Organization’s flagship magazine aimed at the global Customs community.

This edition features a special dossier on illicit trade which gathers together articles focusing on the trafficking in various commodities such as cultural goods, small arms, fisheries products and pesticides, as well as articles highlighting the tools and technologies that can contribute to enhancing Customs enforcement capabilities.

WTO report: “G20 trade restrictions reach highest monthly level since the crisis”

The WTO’s fifteenth trade monitoring report on G20 trade measures, issued on 21 June, shows the application of new trade-restrictive measures by G20 economies increased compared to the previous reporting period, reaching the highest monthly average registered since the WTO began its monitoring exercise in 2009.

Publication of the WCO Study Report on Customs Brokers

The WCO is pleased to inform of the publication of the newly developed Study Report on Customs Brokers. The Study Report provides a general background and overview of Customs Brokers’ role in the international supply chain together with some suggested policy and organisational considerations on Customs Brokers regime and a model checklist for licensing/regulating brokers.

Additionally, the Report provides a range of cooperation opportunities between Customs and Brokers including the joint capacity building.