The United States recently signed a new trade agreement with Japan and the Philippines to promote economic cooperation and enhance trade fluidity. However, with the increase in trade, serious congestion in trans-Pacific shipping has emerged, necessitating measures to ensure transport efficiency and ensure mutual benefits for the three countries.
The Hong Kong SAR government has filed a complaint with the WTO regarding the US's imposition of tariffs, citing violations of WTO rules and disregard for Hong Kong's status as a separate customs territory. This action aims to protect Hong Kong's trade interests, defend multilateral trade principles, and promote the resolution of international trade disputes. Hong Kong will closely monitor developments, safeguard its trade position, and calls on the international community to jointly uphold WTO rules.
This article explores international trade practices and their importance, focusing on the 1932 Warsaw-Oxford Rules, the 1941 U.S. Foreign Trade Definitions Revision, and the 1990 International Commercial Terms (Incoterms). Understanding these trade terms aids in enhancing the efficiency of cross-border transactions, reducing disputes, and ensuring the smooth execution of contracts.
Air freight prices from Nanjing to Aqtau are subject to seasonal fluctuations, which are based on the weight of the cargo. The prices for general goods are 71.5 CNY, 50.5 CNY, and 42.0 CNY, including fuel and war risk insurance, but excluding customs fees. The address is from Nanjing Lukou International Airport (NKG) to Aqtau Airport (SCO), with flights operated by Silk Road West Air (7L). It is important to pay attention to transportation restrictions for specific countries.
This article analyzes the air freight pricing information from Nanjing to Almaty. Depending on the weight of the cargo, the shipping costs range from 58.5 CNY (for 45 kg) to 34 CNY (for 1000 kg). The transport is carried by Silk Road Western Airlines, which includes truck transfer from Nanjing to Shanghai and subsequent segments to Almaty. It is important to note that prices exclude customs clearance and documentation fees, and goods from hostile countries are not accepted.
This article discusses the air freight rates and related service information for shipments from Nanjing to Baku. The price range varies from 38 to 62.5 RMB depending on the weight of the cargo, with specific confirmation required from customer service. The transportation is managed by Silk Road West Airlines, with a transfer process that includes truck and direct cargo flights, along with flight information and precautions. Additionally, the article emphasizes that goods from Armenia are not accepted.
Western sanctions against Russia aim to limit, not sever, trade. While the ruble remains strong and oil revenues are high, access to technology is restricted. Sanctions are being implemented in phases, with energy exports remaining robust, while technology sanctions are showing initial effects. Global trade data reveals the impact of sanctions on Russian imports and exports, as well as shifts in trade flows. Sanctions are a long-term strategy with far-reaching consequences, impacting Russia's economy and global trade dynamics.
The WCO's STCE Project provided training support to the Philippine Customs on strategic goods control. Through online training, Philippine Customs officers enhanced their capabilities in strategic trade control, risk management, and the application of the Strategic Trade Atlas. The project strengthened cooperation between Philippine Customs and domestic agencies as well as international partners, contributing to national security and the international trade order. This initiative improved the effectiveness of customs operations in preventing the illicit trafficking of sensitive items and promoting responsible trade practices.
Haikou Customs has introduced 21 measures to address foreign trade challenges, aiming to create an efficient customs clearance environment, utilize preferential policies, and explore new business models to support stable growth in Hainan's foreign trade. These measures encompass policy implementation, trade innovation, and improvement of the business environment, enhancing enterprise competitiveness and promoting local economic development.
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.
