6 May 2021 – South Korea’s agricultural ministry said Thursday it has adopted an electric certification system for the trading of plants, which paves the way for a faster customs clearance process. The program will be launched Monday for plants traded with the United States, according to the Ministry of Agriculture, Food and Rural Affairs.…
16 March 2021 – SEOUL South Korea on Tuesday said it will open new facilities overseas to help exporters better capitalize on free trade agreements (FTA) amid the coronavirus pandemic. Under the plan, the country plans to spend 11.9 billion won (US$10.4 million) this year to open new FTA support centers in Southeast Asia and…
17 November 2020 – SEOUL, (Yonhap) — South Korea will hold the fourth round of free trade talks with Cambodia this week as part of efforts to diversify its export portfolio in Southeast Asia, the trade ministry said Tuesday. The three-day virtual meetings, slated to start Wednesday, will focus on general rules, origin of country,…
Beyond the current down cycle, can Singapore’s key electronics cluster continue to be competitive? By Lynette Tan Nov 9 2019 / The Business Times Singapore hosts the entire semiconductor value chain IT all started 51 years ago, and throughout the half century or so, Singapore’s key semiconductor industry has had its ups and downs. It…
Oct 16 2019 / The Marine Times Executive South Korea and Indonesia have reached a preliminary trade deal equivalent to a free trade agreement but also including broader economic cooperation. The agreement is expected to help boost trade between the two nations by nearly 50 percent by 2022. The move is part of South Korea’s…
Aug 1 2019 / TODAY HONG KONG — South Korea is planning to appeal for help from its regional partners in its latest bid to convince Japan to roll back export restrictions amid an escalating trade dispute between the two countries. At a series of ministerial gatherings among representatives of Japan, South Korea and the…
By Steve Agbota Jul 29 2019 / Business Nigeria introduced the single window concept at its seaports in 2006, to enable swift movement of goods and services in the ports after it was developed by the United Nations Economic Commission for Europe (UNECE) in 2005. The concept was actually put in place then to simplify,…
By Julian Ryall – July 15 2019/ South China Moring Post South Korea is braced for Japan to further escalate the countries’ trade dispute by removing Seoul from Tokyo’s “white list” of trusted trade partners and subsequently imposing new customs clearance restrictions on 40 categories of products, which could amount to 1,100 specific items. Officials…
Omri Milman June 30, 2019 Israel has signed a new agreement with Hong Kong, intended to ease customs clearance regulations for export and import between the two. The agreement was signed during the weekend at an annual event of the World Customs Organization in Brussels. According to the agreement, authorized economic operators (AEOs)—goods movers approved…
Deal Could Cut $1 Trillion on High Technology Product Tariffs High Technology Product Tariffs Trade negotiators tentatively agreed on Saturday to eliminate high technology product tariffs valued at $1 trillion worth of global commerce. The breakthrough toward the World Trade Organization’s Information Technology Agreement took place at an ambassadors’ meeting at the European Union embassy…
