The LPI is out. The latest edition of World Bank’s LPI is available.
Logistics performance is critical for trade and economic integration, a driver for economic growth and poverty reduction.
The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.
The LPI 2023 allows for comparisons across 139 countries. The 2023 LPI for the first time measures the speed of trade with indicators derived from big datasets tracking shipments.
I have many former colleagues working at the Bank with this report and it is an important instrument for reform and lämodernization.
As far as methodology is concerned, we support the use of new KPI measuring the actual speed of trade derived from Big Data or AI to complement the survey.
You can read the report here: WB LPI2023
U.S. Customs and Border Protection (CBP) signed Monday a Mutual Recognition Arrangement (MRA) with the Customs Administrations of Guatemala and Colombia at the Trade Facilitation and Cargo Summit.
”By cooperating with our regional partners theough MRAs and other bilateral arrangements, we are able to create a unified and sustainable security posture,” said Pete Flores, Executive Assistant Commissioner for CBP Field Operations. “As a result, we are furthering our efforts to facilitate trade and enhance our economic security mission.”
Hosted by Debbie Seguin, Assistant Commissioner for International Affairs, guests included Marco Livio Diaz Reyes, Superintendent of Guatemala’s Superintendencia de Administracion Tributaria, and Ingrid Magnolia Diaz Rincon, Director for the Direccion de Impuestos y Aduanas Nacionales de Colombia.
MRAs are bilateral understandings between two customs administrations providing a platform for the exchange of membership information and recognizes the compatibility of the respective supply chain security program.
CBP reached this MRA after the customs administrations of Guatemala and Colombia had agreed on a Joint Work Plan (JWP) during 2022 Trade Facilitation and Cargo Security Summit, held in Anaheim, California. The JWP is a document that lays out the path towards MRAs between the two customs administrations’ Authorized Economic Operator (AEO) programs. A JWP shows commitment from both programs, requires high level support, and lays out detailed steps towards MRA.
The document, referred to as an “arrangement,” indicate the security requirements or standards of the foreign industry partnership program, as well as its verification procedures, are the same or like those of the Customs Trade Partnership Against Terrorism (CTPAT) programme.
The world’s best restaurant is in Sweden. Yes, even in Stockholm. The French restaurant guide La Liste named Frantzén the world’s sharpest restaurant.
The well-known restaurant guide La Liste has, after weighing hundreds of guides, reviews and press statements, concluded that the Swedish star restaurant Frantzén is the best in the world.
The restaurant is the only Swedish one to be awarded three stars in the Michelin Guide, which in itself says a lot about the quality.
First place at La Liste is shared by Björn Frantzén with two other restaurants that ended up with the same high score as Swedish Frantzén: French Guy Savoy and American Le Bernardin.
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