Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

With the support of the World Customs Organization, Mongolia successfully hosted a national workshop on the HS Nomenclature and Advance Rulings, aimed at enhancing the commodity classification skills of customs officials and addressing the increasingly complex challenges of international trade. Through international cooperation and experience exchange, Mongolian Customs is committed to improving efficiency, promoting trade facilitation, and contributing to national budget revenue. The workshop emphasized practical application and knowledge sharing to strengthen customs operations.

01/26/2026 Customs Knowledge
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Global Trade Compliance Strategies Key for 2024 Success

Global Trade Compliance Strategies Key for 2024 Success

In the face of a complex global trade environment, businesses need to establish a comprehensive compliance system, closely monitor policy changes, strengthen supply chain management, leverage technology to improve efficiency, and seek professional support. Only then can they gain a firm foothold in the global market and achieve sustainable development. This involves adapting to evolving regulations, optimizing logistics, and mitigating risks associated with international trade to ensure smooth operations and maintain a competitive advantage.

01/26/2026 Customs Knowledge
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New Guide Aims to Streamline Customs Valuation Processes

New Guide Aims to Streamline Customs Valuation Processes

This guide aims to help import and export companies understand the customs valuation intelligence exchange mechanism. By clarifying the importing country's customs self-assessment checklist, the golden rules of intelligence exchange, and upgraded measures, it helps businesses mitigate risks, accelerate customs clearance processes, and enhance international trade competitiveness. It provides practical guidance on leveraging intelligence exchange to ensure accurate valuations and avoid potential penalties, ultimately leading to more efficient and compliant trade operations.

01/26/2026 Customs Knowledge
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Exporters Face Challenges With Abandoned International Shipments

Exporters Face Challenges With Abandoned International Shipments

Abandoned packages pose a significant risk to foreign trade businesses. This article analyzes abandoned package fees in various scenarios including transit, destination issues, customs clearance problems, and specific country regulations. It proposes effective strategies to mitigate this risk, such as accurate declaration, understanding relevant policies, communicating with recipients, selecting reliable logistics partners, and purchasing insurance. By implementing these preventative measures, businesses can minimize potential losses associated with abandoned shipments and ensure smoother international trade operations.

01/26/2026 Logistics
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Uschina Trade Eases Boosting Crossborder Ecommerce

Uschina Trade Eases Boosting Crossborder Ecommerce

Easing US-China trade relations, with the US suspending Section 301 investigations against China for a year, presents opportunities for cross-border e-commerce. Businesses should seize this window, diversify their strategies, optimize supply chains, and refine operations. Leveraging cross-border e-commerce ERP systems is crucial for improving management and navigating future market uncertainties. This period allows companies to strengthen their positions and prepare for potential challenges in the evolving global trade landscape.

01/26/2026 Logistics Industry Insights
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Key Strategies for Crossborder Import License Compliance

Key Strategies for Crossborder Import License Compliance

This article provides a comprehensive analysis of the definition, scope, and significance of the Import License (IL) in cross-border logistics. It details the application process and strategies to reduce hidden costs, aiming to assist enterprises in compliant operations, risk reduction, and achieving efficient international trade.

09/16/2025 Logistics Encyclopedia
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US Trade Rep Tai Outlines New China Trade Strategy

US Trade Rep Tai Outlines New China Trade Strategy

US Trade Representative Katherine Tai outlined a new trade strategy towards China, emphasizing a worker-centric approach. This involves evaluating the Phase One agreement, initiating a tariff exclusion process, and addressing deeper structural issues to rebuild American competitiveness. Industry observers suggest the policy's impact requires further observation, and businesses should remain flexible in their response. The strategy aims to reshape the US's competitive edge in the global market while addressing concerns about fair trade practices with China.

01/19/2026 Logistics Industry Insights
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Understanding Direct Air Waybills Vs. Split Air Waybills

Understanding Direct Air Waybills Vs. Split Air Waybills

This article provides a detailed analysis of two types of air waybills: the direct waybill and the split waybill. It delineates their definitions, applicable scenarios, and functional differences. The direct waybill is primarily used when the shipper and consignee information is directly displayed, while the split waybill is utilized in complex freight forwarding operations, helping to simplify the customs clearance process. Understanding the differences between these two types of waybills will enhance the efficiency of foreign trade operations.

07/21/2025 Logistics Encyclopedia
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Global Shipping Firms Tackle Rising Cargo Damage and Delays

Global Shipping Firms Tackle Rising Cargo Damage and Delays

This article, from a data analyst's perspective, delves into common risks in international maritime transport, such as cargo damage, loss, and delays. It provides a detailed overview of claim procedures, key evidence, and liability determination methods. Furthermore, it emphasizes the importance of risk prevention, including selecting reliable partners, ensuring compliant operations, obtaining adequate insurance coverage, and implementing end-to-end tracking. The aim is to help businesses effectively manage maritime risks and ensure smooth trade operations.

01/19/2026 Logistics Encyclopedia
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Maersk Releases Guide to Streamline Trade Documentation

Maersk Releases Guide to Streamline Trade Documentation

This article provides a detailed guide on how to find, download, and manage import/export documentation on the Maersk platform. It covers viewing permissions for various documents, download methods, and how to obtain financial documents. Furthermore, it offers frequently asked questions, advanced tips, and common pitfalls to avoid, empowering foreign trade professionals to efficiently manage documentation and ensure smooth foreign trade operations. It aims to help users navigate the Maersk platform effectively and streamline their documentation processes.

09/28/2025 Logistics Encyclopedia
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