Monday, November 25, 2024
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ACT Admin

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What next once WTO Trade Facilitation Agreement enters into force?

The entry into force of the Trade Facilitation Agreement is imminent. Only five more ratifications are needed. For developing countries that have ratified or...

Mozambique ratifies WTO Trade Facilitation Agreement

Mozambique has ratified the Trade Facilitation Agreement (TFA), making it the 105th World Trade Organization member to do so. Only five more ratifications from...

Benin accedes to Revised Kyoto Convention

World Customs Organization Secretary General Kunio Mikuriya received the Instrument of accession of Benin to the International Convention on the Simplification and Harmonization of Customs...

WCO, UNODA team up to combat small arms trafficking

The World Customs Organization (WCO) and the United Nations Office for Disarmament Affairs (UNODA) have signed an understanding to formalize existing cooperation to enhance...

PH importers warned anew against wrong classification of imports

The Philippine Bureau of Customs (BOC) is reiterating an order for importers and customs brokers to accurately describe imported goods in tariff terms, saying...

Ghana ratifies WTO Trade Facilitation Agreement

Ghana has ratified the Trade Facilitation Agreement (TFA), making it the 104th World Trade organization (WTO) member to do so. Only six more ratifications from...

Customs agencies urged to quickly implement HS 2017 standard

The World Customs Organization (WCO) is calling on customs administrators and stakeholders to fast-track adoption of the new version of the Harmonized System (HS)...

Singapore’s economy improves 1.8% in Q4

The Singapore economy grew by 1.8% year-on-year in the fourth quarter of 2016, faster than the 1.2% growth in the previous quarter and the...

Indonesia’s economy seen to grow stronger in 2017

The economy of Indonesia will accelerate 5.1% to 5.3% in 2017, predicts the National Development Planning Agency or Bappenas. The estimate is based on the...

SG Customs enforces new requirements for declaring goods for processing

The customs agency of Singapore said that effective January 1, 2017, goods for processing (GFP) are required to be explicitly identified and reported in...