Anna Bredikhina June 29, 2019 The new customs chief has been appointed. It’s former first deputy minister of economic development and trade, Maksym Nefyodov. A young official with a reputation of a reformer announced large-scale changes to turn customs into a European-style body without corruption and with full digitalization of control routine. Revolutionary changes are…
DetailsSource: Xinhua| 2019-06-29 22:43:21|Editor: ZX BEIJING, June 29 (Xinhua) — China saw a surge in e-commerce imports on the back of strong consumer demand and a boom in cross-border online platforms, data from an industry report showed. In 2018, China’s imports through e-commerce platforms, including B2B, B2C, C2C and O2O, amounted to 1.9 trillion yuan (about…
DetailsTODAY’S PAPER – BUSINESS June 29, 2019 LAHORE: The prevailing culture of tolerating collusive behavior, exploitation, and organised cartelisation is the reason that Pakistan lags behind the rest of the world when it comes to market competition, while political will to support anti-trust agencies is also very weak here. The judicial system in Pakistan does…
DetailsFriday, 28 June 2019, 12:49 pmPress Release: New Zealand Government Hon Jenny SalesaMinister of Customs 28 June 2019 PĀNUI PĀPĀHOMEDIA STATEMENT Customs arrangements with Singapore and Canada to benefit New Zealand traders Minister of Customs Jenny Salesa has welcomed new customs arrangements between New Zealand, Singapore and Canada that will streamline trade and benefit traders. The…
Details2019-06-28 XinhuaEditor : Gu Liping Customs at Alashankou Port in northwest China’s Xinjiang Uygur Autonomous Region has improved the clearance efficiency for the China-Europe freight trains, according to the customs. The clearance times for the inbound and outbound cargos were 18.5 hours and 0.77 hours, respectively, at the customs in May, 38.8 percent and 47.6…
DetailsBaker McKenzie Australia 27 Jun 2019 Australia is currently in the midst of an ‘infrastructure boom’ and is experiencing high levels of construction activity in many major industry sectors including in the government, commercial and renewables sectors. This boom has sent the demand for equipment, plant and material skyrocketing and straight onto the ‘critical path’ for…
DetailsPublished by Nicholas Woodroof, Assistant Editor Oil Field Technology June 26, 2019 An oil and gas sector logistics expert has warned UK businesses to ensure they know the commodity codes for goods they trade with the EU now or risk damaging consequences from a no-deal Brexit. Adam Johnson, director of Leeds-based Tudor International Freight, said the…
Details26 / 06 / 2019 The UK government has made two key logistics appointments as it looks to deliver its Brexit commitment to find workable alternatives to the Northern Ireland backstop when Britain leaves the European Union (EU). Peter MacSwiney, chairman of Customs clearance software provider ASM, has been appointed to a new Technical Alternative…
DetailsSingapore firms will see more opportunities to grow in Zhejiang as China’s fourth-ranked province by GDP prioritises urban sustainability, innovation and modern living, Senior Minister of State for Communication and Information Sim Ann said. In her speech at the 14th Singapore-Zhejiang Economic and Trade Council (SZETC) in Hangzhou – where Singapore companies signed 15 deals…
DetailsSource: JPMorgan Chase The leading global financial institution J.P. Morgan today announced the launch of E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitizes and automates cross-border payments of goods.The solution solves common pain points associated with the manual nature of such transactions. Importers in China…
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