Customs Vs National Territory Key for Crossborder Trade

Customs Vs National Territory Key for Crossborder Trade

This paper delves into the distinction between customs territory and national border, emphasizing that the key to defining a customs territory is the “implementation of the same customs law,” and correcting misconceptions about “within the border but outside customs.” It also provides a detailed introduction to the concept and operation of free trade ports, using Singapore and Hong Kong as examples to illustrate the role of free port policies in promoting international trade. Understanding these concepts is crucial for practitioners in cross-border trade.

Dongguan Launches Trial Operation of China-europe Railway Express (guangdong-manzhouli-russia): Opening a New Logistics Channel

Dongguan Launches Trial Operation of China-europe Railway Express (guangdong-manzhouli-russia): Opening a New Logistics Channel

On September 25, 2023, the Dongguan Shilong officially launched the trial operation of the China-Europe Railway (Guangdong-Manzhouli-Russia), marking the opening of this international logistics channel. The train is expected to cover over 11,000 kilometers in just 15 days, linking trade between China and Russia. Since its operations began in 2013, the Shilong Logistics Center has continuously provided efficient logistical services for trade with Central Asia and Central Europe. The launch of this route will enhance the construction of the Sino-Russian trade industrial park and promote regional economic development.

09/26/2023 Logistics
Read More
Standard Chartered Nigeria SWIFT Code Guide

Standard Chartered Nigeria SWIFT Code Guide

This article introduces the SWIFT code SCBLNGLAPYT for Standard Chartered Bank's Nigeria branch and its significance. It provides essential bank information and highlights important considerations for international remittance, assisting readers in safely and smoothly conducting cross-border fund transfers.