Moldova Launches Wtobacked Mercator Program to Boost Trade

Moldova Launches Wtobacked Mercator Program to Boost Trade

With the support of the WCO, Moldova has launched the 'Mercator Programme' to implement the WTO Trade Facilitation Agreement. This initiative aims to enhance trade efficiency, reduce costs, and ultimately promote economic development. The Mercator Programme is expected to streamline customs procedures, improve transparency, and foster greater regional integration. By simplifying trade processes, Moldova seeks to attract foreign investment and boost its competitiveness in the global market.

01/26/2026 Customs Knowledge
Read More
China's Export Dilemma: Buyout vs. Agency Trade Models Compared

China's Export Dilemma: Buyout vs. Agency Trade Models Compared

The difference between buying export and agent export lies in the former referring to exports conducted through an entity with export rights when lacking such rights, while the latter involves an authorized exporter acting as an agent to ensure foreign exchange repatriation. Buying export does not enjoy tax rebates, whereas agent export can apply for them. Understanding these distinctions is crucial for foreign trade operations.

07/28/2025 Customs Knowledge
Read More
World Customs Day Highlights Global Connectivity Efforts

World Customs Day Highlights Global Connectivity Efforts

The theme of World Customs Day 2012 was "Connectivity." The World Customs Organization aimed to strengthen cooperation within the global customs community by enhancing connections at the people, institutional, and information levels. This initiative sought to improve trade efficiency and security, build a closer global customs community, and ultimately serve the development of global trade. The focus was on fostering seamless and secure trade flows through enhanced collaboration and information sharing among customs administrations worldwide.

02/05/2026 Customs Knowledge
Read More
Uschina Trade War Escalates Over Shipbuilding Tariffs

Uschina Trade War Escalates Over Shipbuilding Tariffs

The US has initiated trade actions against China's shipbuilding industry, including raising fees on foreign vessels, eliminating the 'backdoor' for LNG export restrictions, and imposing high tariffs. China has retaliated by charging fees on US ships. This trade war stems from competition between the US and China in economics, technology, and geopolitics. It will have profound implications for global trade, potentially leading to supply chain disruptions, rising trade protectionism, and slower global economic growth. This escalating conflict adds further uncertainty to the already complex international trade landscape.

01/27/2026 Logistics
Read More
Key Shipping Terms Explained for Global Traders

Key Shipping Terms Explained for Global Traders

This article delves into the two meanings of ETD (Estimated Time of Delivery and Estimated Time of Departure) in international ocean bills of lading. It also elaborates on key shipping terms such as ETA, ATD, and ATA. Through case studies, this aims to help foreign trade personnel accurately understand and utilize these terms, avoiding trade risks caused by misunderstandings. Ultimately, it facilitates the smooth progress of international trade.

11/03/2025 Logistics Encyclopedia
Read More
Global Traders Face Challenges in Customs Clearance

Global Traders Face Challenges in Customs Clearance

This article provides a detailed interpretation of the international freight customs clearance process, covering the specific steps, required documents, key considerations, and common methods for both import and export customs declarations. It aims to help foreign trade enterprises understand the customs clearance process, improve customs clearance efficiency, and successfully conduct international trade. The guide covers essential aspects to facilitate smoother and more efficient international shipping and trade operations.

01/29/2026 Customs Knowledge
Read More
Ningbous Shipping Key Insights on Sinous Trade

Ningbous Shipping Key Insights on Sinous Trade

This article provides an in-depth analysis of the Ningbo-US shipping route, covering key aspects such as vessel schedule selection, freight options, cost structure, customs clearance procedures, and risk management. It aims to offer a comprehensive and practical operational guide for foreign trade enterprises, helping them conduct China-US trade efficiently and safely. The guide provides insights into optimizing shipping strategies and navigating potential challenges in this vital trade lane.

01/30/2026 Logistics
Read More