central and eastern europe trade News

Peru Central Bank Issues Guide on SWIFT Codes for International Transfers

The SWIFT code CRPEPEPLXXX of the Central Reserve Bank of Peru (BCRP) is used for international money transfers. Using the correct code is crucial to avoid delays or failures in remittances. This code identifies the BCRP as the recipient bank in international transactions. Ensure accurate entry of the SWIFT code when initiating a transfer to Peru to guarantee funds reach the intended beneficiary promptly and securely. Double-checking the code with the recipient or BCRP is recommended to prevent errors.

09/01/2025 Exchange Rate Query

DHL Strengthens Global Logistics Network With New Facility in Central Java

DHL Express has opened a new logistics hub in Semarang, Central Java, Indonesia, with an initial investment of 4.9 trillion Indonesian rupiah, aimed at enhancing global connectivity in the region. The facility is equipped with advanced technology to improve package security, demonstrating the company's long-term commitment to the Indonesian market.

07/23/2025 Logistics

Amazon Sellers Face Key Choice Vendor Vs Seller Central in 2024

This article provides an in-depth comparison of the Amazon SC (Seller Central) and VC (Vendor Central) models, analyzing their respective advantages and disadvantages. The SC model grants sellers greater autonomy and profit margins, while the VC model is more convenient and suitable for businesses focused on product manufacturing. The choice between these models depends on the seller's specific circumstances and development goals. Ultimately, understanding the nuances of each model is crucial for success in the competitive Amazon marketplace.

12/31/2025 Logistics Industry Insights

China Clarifies Trade and Tax Rules for Asbestos Under HS Code 2524909090

This document provides an in-depth analysis of the HS code 2524909090 and its associated asbestos-related information. It covers product descriptions, tax rates, and global trade conditions, offering comprehensive support and guidance for businesses involved in the trade of asbestos products.

08/08/2025 HS Code Query

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.

07/15/2025 Logistics Encyclopedia

Understanding Customs Clearance Fees Avoid High Costs and Optimize Your International Trade

Customs clearance fees are a crucial aspect of international trade, encompassing various costs such as import duties, taxes, and customs agent fees. Understanding these expenses helps optimize import and export operations while avoiding unnecessary costs. Additionally, duty exemption policies in different countries can facilitate the import of low-value goods.

07/23/2025 Customs Knowledge

Tianjin Port The Northern Pearl and An Important Hub for Global Trade

Tianjin Port, located at the mouth of the Haihe River in Tianjin, is the largest comprehensive port in Northern China. The deep-water main channel can accommodate vessels of 300,000 tons. As a significant hub for foreign trade, its cargo throughput exceeded 500 million tons in 2013, continually driving regional economic development.

07/24/2025 Port Encyclopedia

Guangzhou Port An Important Trade Hub and Historical Witness in Southern China

Guangzhou Port is one of China's major ports with a long history, serving as a hub for foreign trade since ancient times. After the reform and opening-up, Guangzhou Port developed rapidly, with a continuous increase in throughput. It has established connections with ports in over 170 countries and regions worldwide, becoming the largest container terminal in South China.

07/24/2025 Port Encyclopedia

General Terms in International Trade: The Application and Importance of Incoterms®

Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.

07/21/2025 Logistics Encyclopedia

Requirements and Customer Sales Impact of Material Re-export for Processing Trade

This article explores the customs supervision requirements during the re-export of materials processed under the processing trade. Imported materials must be exported after processing, and the export volume must reasonably correspond to the quantity of materials used. Companies selling to other international clients must ensure complete customs declaration procedures.

07/17/2025 Logistics Encyclopedia

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"central and eastern europe trade"

Peru Central Bank Issues Guide on SWIFT Codes for International Transfers

DHL Strengthens Global Logistics Network With New Facility in Central Java

Amazon Sellers Face Key Choice Vendor Vs Seller Central in 2024

China Clarifies Trade and Tax Rules for Asbestos Under HS Code 2524909090

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

Understanding Customs Clearance Fees Avoid High Costs and Optimize Your International Trade

Tianjin Port The Northern Pearl and An Important Hub for Global Trade

Guangzhou Port An Important Trade Hub and Historical Witness in Southern China

General Terms in International Trade: The Application and Importance of Incoterms®

Requirements and Customer Sales Impact of Material Re-export for Processing Trade