Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

During the Belt and Road Forum for International Cooperation, experts discussed the significance of customs cooperation among participating countries. They proposed five key areas for improvement: deepening mechanism alignment, regulatory innovation, information sharing, trade security, and capacity building, to enhance customs' role in facilitating trade. Through collaboration, countries can better respond to emerging trade patterns and ensure global economic stability and prosperity.

07/29/2025 Logistics
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OCEMA Calls for Cooperation on SOLAS VGM Compliance in Export Supply Chain

OCEMA Calls for Cooperation on SOLAS VGM Compliance in Export Supply Chain

OCEMA actively addressed the SOLAS VGM regulations by publishing 'Best Practices.' However, shippers still harbor reservations and call for unified standards to build a secure and efficient supply chain. While OCEMA's efforts are commendable, the lack of a universally accepted standard remains a concern. A collaborative approach involving all stakeholders is crucial to ensure consistent implementation of VGM requirements and minimize disruptions to global trade. Standardized procedures would foster greater confidence and streamline the process for all parties involved.

01/20/2026 Logistics
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IBK Corporate Bank Simplifies SWIFT Codes for Global Transfers

IBK Corporate Bank Simplifies SWIFT Codes for Global Transfers

This article provides a detailed explanation of the SWIFT code for IBK Industrial Bank of Korea, including the usage scenarios of the head office code IBKOKRSEXXX, methods for obtaining branch codes, and precautions to take for cross-border remittances to avoid delays. Understanding the correct SWIFT code is crucial to ensure international transfers reach the recipient's account smoothly and avoid unnecessary complications. It covers important tips for successful international money transfers via IBK bank.

09/01/2025 International Settlement
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China Tightens Corporate Social Responsibility Rules for Overseas Firms

China Tightens Corporate Social Responsibility Rules for Overseas Firms

The Ministry of Commerce issued the "Guidelines for Chinese Enterprises' Overseas Social Responsibility Fulfillment" to guide Chinese companies in better fulfilling their social responsibilities and achieving sustainable development during overseas expansion. The guidelines cover various aspects, including supporting host country economic development, improving people's livelihoods, environmental protection, promoting healthy industry development, and strengthening the foundation for corporate responsibility. It provides clear action guidelines for businesses operating abroad, encouraging responsible and sustainable practices in their international endeavors.

01/21/2026 Customs Knowledge
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Sustainable Procurement Boosts Corporate Growth and Supply Chain Resilience

Sustainable Procurement Boosts Corporate Growth and Supply Chain Resilience

Recent research indicates that sustainable procurement is becoming standard practice for businesses, driven primarily by brand reputation, supply chain resilience, and green index rankings. Companies need to establish clear goals, assess supplier performance, build transparent supply chains, and strengthen collaboration to achieve economic benefits, social responsibility, and environmental protection. Sustainable procurement is a strategic choice for businesses looking towards the future. It's about integrating environmental, social, and ethical considerations into the purchasing process to minimize negative impacts and maximize positive contributions.

01/29/2026 Logistics Industry Insights
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Supply Chain Leaders Urged to Boost Corporate Profit Influence

Supply Chain Leaders Urged to Boost Corporate Profit Influence

This paper explores the critical role of supply chain executives in corporate strategic decision-making, arguing that traditional supply chain management models are no longer sufficient for rapidly changing market demands. It highlights the core contributions of supply chain executives in optimizing product development, enabling precise cost control, improving demand forecasting, and strengthening risk management. The paper proposes strategies for gaining a seat at the management table and concludes by looking ahead to the intelligent transformation of supply chain management.

01/29/2026 Logistics Industry Insights
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Trumps Potential Return Sparks Climate Policy Uncertainty

Trumps Potential Return Sparks Climate Policy Uncertainty

Trump's potential return to the White House and subsequent re-withdrawal from the Paris Agreement has raised concerns in the business and environmental communities. Despite the challenges to international cooperation, corporate focus on climate change and efforts towards supply chain sustainability persist. The future trajectory remains uncertain, highlighting the tension between political shifts and ongoing corporate initiatives to address climate change risks and promote environmentally responsible practices within their supply chains. The commitment of businesses to sustainability will be crucial in navigating this complex landscape.

01/08/2026 Logistics Industry Insights
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Enhancing China-russia Border Customs Cooperation to Build the Silk Road Economic Belt

Enhancing China-russia Border Customs Cooperation to Build the Silk Road Economic Belt

A meeting was held at the Harbin Customs on the China-Russia border to discuss and promote customs cooperation and trade facilitation between the two countries. The conference aimed to strengthen the connection between the 'Longjiang Silk Road' and the 'Coastal Highway 1,' addressing issues such as port management and mutual recognition of commodity regulation. Future cooperation directions were planned to promote the smooth progress of bilateral trade.

07/21/2025 Logistics
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