The Korean Times July 5, 2019 By Lee Kyung-min Japan’s export control of key materials needed to produce semiconductors and displays will deal a significant blow to Asia’s fourth-largest economy, economists said Friday. “Given that semiconductors account for about 6 percent of the country’s GDP, a 10 percent drop in the export volume could lead…
Li Xia BEIJING, July 3 (Xinhua) — China has adopted 10 concrete measures to streamline customs clearance by cutting time and improving work efficiency, according to the General Administration of Customs Wednesday. Those measures are mainly targeted at further simplifying documentations, optimizing clearance processes to raise efficiency, enhancing port informatization and lowering port charges, said…
The Business Times July 1, 2019 WITHOUT a stronger focus on tackling non-tariff barriers, Asean will not accomplish the objectives of the Asean Economic Community (AEC) and will fail to meet the targets in the AEC Blueprint 2025, warns a June 22 report. Jointly commissioned by the European Union-Asean Business Council (EU-ABC) and the Asean…
Chea Vannak / Khmer Tim July 1, 2019 Aun Pornmoniroth, The Ministry of Economy and Finance of the Cambodia last week launched the National Single Window (NSW) aiming to facilitate import and export activities. According to a statement dated June 25, NSW is a facility that allows parties involved in trade and transport to lodge…
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…
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…
Source: 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…
TODAY’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…
Friday, 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…
2019-06-28 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…
