The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.
The United Nations Convention on Contracts for the International Sale of Goods provides a legal framework for global trade, eliminating barriers caused by legal discrepancies. This convention promotes flexibility in contracts and principles of fairness, ensuring that the rights and obligations of both parties are clearly defined, thus fostering the continued development of honest international transactions.
Quan Yi Express International Business Center offers efficient and reliable direct services to Indonesia, supporting China-Indonesia trade and meeting customer needs.
The World Customs Organization (WCO) is assisting Costa Rica's customs in enhancing the implementation of trade facilitation agreements. By providing resources and training, it aims to strengthen customs capabilities and optimize cross-border trade processes, leading to improved international trade compliance and economic growth.
This article explores how to effectively utilize international trade terms (Incoterms® 2020) to manage tariff risks in international trade. It analyzes the allocation of responsibilities under various terms and provides practical recommendations to cope with tariff fluctuations, thereby enhancing the competitiveness of businesses in the global market.
This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.
This article delves into the two meanings of ETD (Estimated Time of Delivery and Estimated Time of Departure) in international ocean bills of lading. It also elaborates on key shipping terms such as ETA, ATD, and ATA. Through case studies, this aims to help foreign trade personnel accurately understand and utilize these terms, avoiding trade risks caused by misunderstandings. Ultimately, it facilitates the smooth progress of international trade.
The China-Europe Railway Express, a vital part of the Belt and Road Initiative, enhances trade between China and Europe. The Zhengzhou-Europe Express has operated 150 trains, carrying a total of 60,200 tons of goods, thereby boosting the economies along the route. Other services like the Lin-Man-Europe Express and the Binxin-Europe Express have improved logistics efficiency, reduced transportation and customs costs, and strengthened regional economic cooperation, showcasing the potential for international development in rail freight.
A hardware company in Wenzhou successfully transported goods to Moscow via the Rusyun platform, enhancing logistics efficiency and experience. The platform provides one-stop services, significantly reducing costs. Meanwhile, the launch of Harbin Longyun International Land Port marks the opening of the Harbin-Russian highway corridor, attracting numerous businesses and promoting the development of foreign trade services. Statistics show that cargo shipment volume has significantly increased since the center's launch, highlighting the potential of regional logistics advantages.
Multimodal transportation integrates various modes of transport, including sea, land, and air, providing efficient and economical logistics solutions for international trade. Rail freight forwarding plays a crucial role, requiring familiarity with different transportation methods and coordination across various stages. In the future, multimodal transportation will evolve towards intelligence, sustainability, and collaboration, creating more development opportunities for businesses. It optimizes supply chains by combining the strengths of each mode, reducing costs and transit times, ultimately benefiting global commerce.
