Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

During the Belt and Road Forum for International Cooperation, experts discussed the significance of customs cooperation among participating countries. They proposed five key areas for improvement: deepening mechanism alignment, regulatory innovation, information sharing, trade security, and capacity building, to enhance customs' role in facilitating trade. Through collaboration, countries can better respond to emerging trade patterns and ensure global economic stability and prosperity.

07/29/2025 Logistics
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Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.

Gabons Owendo Port Expands Amid West African Growth Hurdles

Gabons Owendo Port Expands Amid West African Growth Hurdles

Owendo Port in Gabon is the country's largest commercial port and a significant hub in West Africa. This article introduces the port's geographical location, infrastructure, and primary operations. It also analyzes the challenges faced by Owendo Port and emphasizes the importance of port upgrades. The port plays a crucial role in facilitating trade and economic growth within Gabon and the wider region. Addressing these challenges and investing in modernizing the port's facilities is vital for its continued success and contribution to regional development.