United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

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.

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

The Philippines will launch a National Time Release Study (TRS) in 2025 to enhance the efficiency of customs clearance for maritime imports and exports. Spanning two weeks, the study will focus on the Manila International Container Port and has received support from the World Customs Organization and HM Revenue and Customs of the UK. The final report is expected to be completed by the end of the year, providing a basis for subsequent reforms aimed at promoting trade facilitation and enhancing national competitiveness.

07/28/2025 Logistics
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Guide to Key Customs Terms for Global Trade Efficiency

Guide to Key Customs Terms for Global Trade Efficiency

This article provides an in-depth interpretation of key customs terminology in import and export clearance, covering various aspects such as cargo management, inspection, release, guarantees, and late declaration fees. It aims to help readers clearly understand the customs clearance process, communicate effectively, and smoothly complete the procedures, facilitating the smooth flow of goods globally. This includes understanding the various terms and regulations involved in navigating the complexities of international trade and ensuring compliance with all relevant laws and policies.

Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

China Tightens Customs Rules to Curb Personal Shopping Proxies

China Tightens Customs Rules to Curb Personal Shopping Proxies

Starting June 1, China Customs has implemented new regulations for incoming travelers' luggage, prohibiting the release of five categories of imported goods to curb personal purchasing. Travelers must ensure their personal items from abroad fall within a 'reasonable quantity for personal use'; any excess will be temporarily held and subject to customs procedures. The tax exemption policy outlines specific restrictions for cigarettes, discs, and electronic products, which require special attention to compliance. Failure to adhere to these rules may result in customs intervention.

07/29/2025 Logistics
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Da Shun Streamlines Air Freight Customs Clearance Digitally

Da Shun Streamlines Air Freight Customs Clearance Digitally

Dashun Company successfully resolved a rare issue where the net weight of an air freight export shipment exceeded the gross weight. Faced with the client's difficulty due to incorrect weight data on the customs declaration, Dashun, with its professional customs clearance team, guided the client to modify the data in the online customs system. This ensured the smooth release of the goods. This case demonstrates Dashun's efficient communication, professional service, and robust system support, highlighting its expertise in the air freight sector.

CMA CGM Launches Container Reuse Guide for Freight Forwarders

CMA CGM Launches Container Reuse Guide for Freight Forwarders

This article provides a detailed analysis of the container interchange application process with CMA CGM, covering steps such as booking requests, fleet release orders, and operations on the E-Tong Cloud platform. It also offers guidance on applying for MCC special containers, aiming to help freight forwarders efficiently complete container interchange procedures. The process includes understanding the necessary documentation and navigating the specific requirements for CMA CGM and MCC containers, ultimately streamlining the logistics and reducing potential delays.

Guide to Resolving Missing Cargo Documents at Port

Guide to Resolving Missing Cargo Documents at Port

Cargo has arrived, but the pre-manifest is missing? This guide offers strategies for this urgent situation: immediately contact the freight forwarder or shipping company to determine the cause and promptly supplement or modify the pre-manifest information. It emphasizes the importance of pre-manifest declaration to avoid losses caused by incorrect or delayed information. Timely and accurate pre-manifest submission is crucial for smooth customs clearance and preventing potential penalties or delays in cargo release.