TNETS is often asked about the best approach for businesses to take in maintaining trade compliance. TNETS Director, Neil Johnson, was recently called upon to speak on the same subject at a trade management gathering in Singapore. He took the opportunity to share TNETS’ suggestions as to how best practice in trade compliance is best…
7th October 2020 – Sisi orders shortening customs clearance time, simplifying procedures President Abdel Fattah El Sisi has ordered the customs development strategy to be focusing on the governance of Egypt’s exports and imports, in addition to simplifying customs clearance procedures and shortening their time. Sisi issued his directives on Tuesday 6/10/2020 at a meeting…
4th October 2020 – Figures released by Dubai Customs showed that customs transactions done through the Authorized Economic Operator (AEO) reached 4.4m constituting 61% of the total number of transactions (7.2m) in H1, 2020. The leading program has played an important role during the pandemic in facilitating external trade. Companies, members of the program, boosted…
Dubai, 16th September 2020 – Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in the global economic growth due to the coronavirus, COVID-19, pandemic. The number of customs transactions completed by Dubai Customs skyrocketed 38.5 percent in the first six months of 2020 to reach 7.2 million compared to 5.2 million transactions…
16th September 2020 – © AFP/Getty Former Washington lobbyist Shanker Singham has been described as the ‘Brexiteers’ brain’. A consultant who had a leading role in the campaign for an alternative to Theresa May’s Irish border “backstop” is in the running for all or part of a £200m government contract related to the post-Brexit checks down…
A businessman has been jailed for his role in the country’s largest cigarette smuggling case. The man and his company have interim name suppression and appeared at the Auckland District Court on Thursday after earlier admitting charges of defrauding customs, making erroneous entries in customs documents and selling goods without paying duties. The operation involved…
China has warned of stringent action against manufacturers who export defective and counterfeit medical products, including confiscation of the illegal income and punishment, to ensure the overall quality of its foreign trade, the General Administration of Customs said on Monday. The GAC will impose fines of more than 50 percent but less than three times…
On April 1, authorities seized more than 6 tons of African pangolin scales in Port Klang, Malaysia. This is the biggest shipment of pangolin scales ever to be discovered in this particular port. The exact origins of this shipment are unknown, especially since traffickers frequently change their routes. Pangolins are the most trafficked animal in…
On 20 March 2020, Australian Border Force (ABF) Commissioner Michael Outram countersigned a Memorandum of Understanding on Trade Facilitation with the Singapore Government. Singapore’s Ho Chee Pong, Director-General Singapore Customs and Tan Kiat How, Chief Executive Officer, the Infocomm Media Development Authority have also signed the Memorandum of Understanding. “This MOU will support Australia’s efforts…
In a bid to crack into the top 50 position in Trading Across Borders as part of the World Bank’s ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) has introduced machine-based automated clearance of imported goods. The new initiative is being piloted at Jawaharlal Nehru Port Trust (JNPT) and Chennai…
