South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea plans to revise the Electronic Commerce Act, requiring cross-border e-commerce platforms like Temu and AliExpress to appoint domestic agents in Korea to address consumer rights issues. The new regulations also cover consumer information protection and advertising standards, aiming to create a safer and more reliable cross-border e-commerce environment for Korean consumers. This may encourage cross-border e-commerce platforms to adopt a more localized approach in their operations within South Korea, enhancing consumer protection and ensuring compliance with local laws.

11/03/2025 Logistics
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China-Russia Highway Corridor Boosts Cross-Border Trade Efficiency

China-Russia Highway Corridor Boosts Cross-Border Trade Efficiency

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.

07/29/2025 Logistics
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China and Russia Enhance Freight Logistics with Precision Services

China and Russia Enhance Freight Logistics with Precision Services

The positioning of logistics in China-Russia trade needs to be precise and personalized. Customized solutions, infrastructure layout, localized operations, and digital methods are employed to meet market demands and geopolitical challenges. The goal is to achieve sustainable development through risk management and differentiated competition.

08/04/2025 Logistics
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Russia Opens Talakan Airport to Boost Sakha Republic Connectivity

Russia Opens Talakan Airport to Boost Sakha Republic Connectivity

Tarakan Airport (TLK) is a vital transportation hub in the Sakha Republic, Russia. This article provides a detailed overview of the airport's geographical location, operating airlines and routes, facilities and services, cargo services, and customs clearance requirements. It also introduces practical tools such as the three-letter code search system and the West Coast Cargo Network, aiming to provide readers with comprehensive and accurate information about Tarakan Airport. The airport plays a crucial role in connecting the region and facilitating both passenger and freight transport.

International Shipping Procedures for Hazardous Materials to South Korea

International Shipping Procedures for Hazardous Materials to South Korea

This article discusses the processes and precautions for shipping dangerous goods by LCL to South Korea, including major ports, minimum volume requirements, and cargo labeling regulations. It emphasizes the importance of complying with relevant shipping regulations to ensure the safety and compliance of goods, avoiding risks during customs inspections. By implementing compliance measures, the article aims to facilitate the smooth conduct of international trade.

Bank of Korea Simplifies SWIFT Codes for International Transfers

Bank of Korea Simplifies SWIFT Codes for International Transfers

This article provides a detailed overview of the Bank of Korea's SWIFT code (BOKRKRSTXXX) and its branch codes. It explains the application scenarios of SWIFT codes and offers guidance on selecting remittance channels, verifying remittance information, handling remittance errors, and receiving funds. The purpose is to assist readers in conducting international remittances involving the Bank of Korea safely and efficiently. It covers key considerations for both senders and receivers to ensure a smooth transaction process.

Industrial Bank of Korea SWIFT Code Simplifies Global Transfers

Industrial Bank of Korea SWIFT Code Simplifies Global Transfers

This article provides an in-depth analysis of the SWIFT/BIC code system of the Industrial Bank of Korea (IBK), highlighting its importance in cross-border remittances. It details the usage scenarios and acquisition methods for IBK's head office and branch codes, as well as the potential risks associated with SWIFT code errors. The aim is to help readers efficiently and accurately complete international remittances involving IBK, avoiding fund delays or losses. This guide helps ensure smooth and secure transactions with IBK across international borders.

Bank of Korea Simplifies SWIFT Codes for Global Transfers

Bank of Korea Simplifies SWIFT Codes for Global Transfers

This article provides a detailed analysis of the Bank of Korea's SWIFT code (BOKRKRSTXXX), along with branch information and a user guide, aiming to assist readers in completing cross-border remittances smoothly. It covers methods for finding specific branch SWIFT codes, frequently asked questions, and important considerations. This serves as a practical reference for those remitting money to South Korea, offering guidance on navigating the SWIFT system and ensuring successful transactions with the Bank of Korea and its branches.