Pearl River Delta Hub Airport Takes Off Building a Global Aviation New Engine for the Guangdong-hong Kong-macau Greater Bay Area

Pearl River Delta Hub Airport Takes Off Building a Global Aviation New Engine for the Guangdong-hong Kong-macau Greater Bay Area

The construction of the Pearl River Delta Hub (Guangzhou New) Airport is about to commence, marking a new phase in the aviation network of the Guangdong-Hong Kong-Macao Greater Bay Area. The new airport will alleviate pressure on Guangzhou Baiyun Airport, helping to develop a world-class airport cluster. It is expected to enhance air service and transportation capacity, promote regional economic development, and strengthen global connectivity.

05/20/2024 Logistics
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Export Risks Rise Over Minor LC Discrepancies

Export Risks Rise Over Minor LC Discrepancies

This paper explores compliance risks in export trade under letters of credit, stemming from issues such as incorrect cargo descriptions and inconsistencies in bill of lading (B/L) information. It emphasizes the importance of documentary consistency and provides recommendations for B/L operations under US sanctions against Iran. Export companies should pay attention to detail and strengthen risk management practices to avoid discrepancies and ensure compliance with international regulations and sanctions. Careful scrutiny of documents is crucial for mitigating potential financial and legal repercussions.