Customs authorities in Latin America and the Caribbean (LAC) can leverage new technologies and innovations to boost their digital transformation and streamline foreign trade logistics. This, in turn, can help improve competitiveness and bolster the countries´ economic growth. The pandemic highlighted the importance of trade and … [Read more...] about The pandemic as an opportunity for digital transformation in customs
The resilience and transformation of Customs authorities during COVID-19
Over the past few months, Customs authorities in Latin America and the Caribbean have had to work hard and think outside the box in response to the COVID-19 pandemic. Tons of personal protective equipment, including masks, gowns, medical devices, medicines, and disinfectant products, as well as food and other necessities, have passed through these agencies. Those shipments … [Read more...] about The resilience and transformation of Customs authorities during COVID-19
How Customs can protect us from the coronavirus
The coronavirus crisis has shone a spotlight on how challenging it is for countries to protect the health of the population. To contain the pandemic, governments have taken unprecedented measures such as closing borders or shutting off large areas of their territories. These measures can cause major disruptions to global supply chains and transportation systems. According to … [Read more...] about How Customs can protect us from the coronavirus
How blockchain can make trade safer
Blockchain can be used in small ways to have big impacts. Our work with four customs agencies is an example. First, some background on this technology before getting into the details. Blockchain can help us trust the information we are given. Knowing that the data is true and hasn’t been tampered with is a big deal in everything from food labels to financial … [Read more...] about How blockchain can make trade safer
Smart Highways Speed Up Border Crossings
In the 21st century, new technologies have brought exponential progress to many sectors and industries, so much so that we are said to be living through the fourth industrial revolution (Industry 4.0). At the same time, changes in the world of telecommunications mean that we can connect to one another at practically any time, regardless of where we are. These changes are also … [Read more...] about Smart Highways Speed Up Border Crossings