Cape Verde Enhances Trade Efficiency with WCO Support

Cape Verde Enhances Trade Efficiency with WCO Support

The World Customs Organization (WCO), through the WCO-WACAM project, supports Cape Verde in conducting a Time Release Study (TRS) to optimize customs efficiency, attract foreign investment, and comply with the WTO Trade Facilitation Agreement. The forthcoming report is expected to streamline procedures, enhance port infrastructure, and strengthen inter-agency collaboration. This initiative aims to facilitate Cape Verde's integration into the global economy by improving trade competitiveness and reducing trade barriers. The study's findings will provide actionable recommendations for enhancing the overall customs clearance process.

02/02/2026 Customs Knowledge
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Guide to Ocean Bills of Lading and Trade Risks

Guide to Ocean Bills of Lading and Trade Risks

This paper delves into the classification of international ocean bills of lading, covering dimensions such as consignee, on-board status, and endorsements. It elaborates on the application scenarios, risk warnings, and precautions for different types of bills of lading. Combining practical experience, it provides foreign trade practitioners with suggestions on bill of lading selection, helping them mitigate risks and ensure smooth trade in international trade. This analysis aims to provide a practical guide for navigating the complexities of bills of lading in global commerce.

02/02/2026 Document Interpretation
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Decoding DDP Vs LDP Costs and Risks in Global Trade

Decoding DDP Vs LDP Costs and Risks in Global Trade

This article provides an in-depth analysis of the differences between DDP (Delivered Duty Paid) and LDP (Landed Duty Paid) in international trade. It compares and contrasts these terms from multiple perspectives, including definition, risk, customs clearance process, cost structure, and applicable scenarios. The aim is to assist businesses in accurately selecting trade terms in foreign trade practices, effectively controlling risks and costs, and improving business efficiency and profitability. The analysis helps companies navigate the complexities of international shipping and optimize their supply chain strategies.

02/02/2026 Logistics Encyclopedia
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Guide to Filing Air Freight Claims for Global Traders

Guide to Filing Air Freight Claims for Global Traders

Losing goods in international air freight is a common issue in foreign trade. This guide provides a comprehensive claims strategy, covering urgent verification, determination of liability, material preparation, claim submission, compensation standards, dispute resolution, and key points to avoid pitfalls. It aims to help foreign traders efficiently handle claims and recover losses. It details the necessary steps to take when cargo goes missing, how to identify the responsible party, gather the required documentation, and navigate the claims process to maximize the chances of successful compensation.

01/15/2026 Logistics Encyclopedia
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USD to CAD Converting 100 Dollars Amid Exchange Rates

USD to CAD Converting 100 Dollars Amid Exchange Rates

This article analyzes the exchange rate conversion between the US dollar and the Canadian dollar, using an example of 100 USD. It introduces the current exchange rate, influencing factors, and its significance for personal finance and international trade, helping readers enhance their understanding of the foreign exchange market.

08/09/2025 Exchange Rate Query
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Harbin Customs Innovates Business Management Model A Shortcut for Enterprises to Enjoy Reform Dividends

Harbin Customs Innovates Business Management Model A Shortcut for Enterprises to Enjoy Reform Dividends

Harbin Customs has improved business processing efficiency and service quality by establishing an innovative business management model, which includes the 'Approval Center,' 'Audit Center,' and 'Business Monitoring Command Center.' This initiative helps enterprises better enjoy the benefits of reforms, reduces financial pressure, and promotes the development of foreign trade.

07/23/2025 Logistics
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Decoding HS Codes: A Core Guide to Import and Export Customs

Decoding HS Codes: A Core Guide to Import and Export Customs

This article discusses the importance and usage techniques of HS Codes in import and export customs declarations. It emphasizes the significance of correct classification and declaration, providing practical examples to enhance understanding. The aim is to offer valuable references and guidance for freight forwarders and foreign trade professionals.

07/18/2025 Logistics Encyclopedia
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Philippine Business Market Datadriven Guide to 210K Prospects

Philippine Business Market Datadriven Guide to 210K Prospects

This article introduces Businesslist.ph, a platform containing information on over 210,000 Philippine businesses. It provides detailed company profiles and industry classifications, helping foreign trade professionals efficiently develop customers in the Philippines market. From a data analysis perspective, the article offers practical strategies and suggestions to improve customer development efficiency.

01/30/2026 Logistics Encyclopedia
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Freight Forwarding and DAP Incoterms Guide for FBA Shipping

Freight Forwarding and DAP Incoterms Guide for FBA Shipping

This article provides a detailed overview of ship positioning techniques, the FBA shipping process, and DAP Incoterms. It aims to equip freight forwarders and foreign trade merchants with the necessary knowledge to improve work efficiency, reduce operating costs, and mitigate trade risks. The guide covers practical strategies for accurate vessel tracking, navigating the complexities of Fulfillment by Amazon shipping, and understanding the obligations and responsibilities associated with Delivery at Place (DAP) trade terms. By mastering these concepts, professionals can optimize their logistics operations and ensure smoother international transactions.

08/22/2025 Logistics Encyclopedia
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