Uzbekistan Maldives Boost Customs Audits Via Virtual Workshop

Uzbekistan Maldives Boost Customs Audits Via Virtual Workshop

Uzbekistan and Maldives Customs held a virtual workshop where Uzbekistan learned from the Maldives' experience in post-clearance audit to enhance its own capabilities. The workshop facilitated knowledge sharing and best practices in customs procedures, specifically focusing on improving the effectiveness and efficiency of post-clearance audit processes. This collaboration highlights the importance of international customs cooperation in strengthening national customs administrations and promoting trade facilitation.

01/19/2026 Customs Knowledge
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US Truck Tariffs Boost Domestic Industry Amid Cost Concerns

US Truck Tariffs Boost Domestic Industry Amid Cost Concerns

The US policy imposing a 25% tariff on imported heavy-duty trucks has officially taken effect, aiming to protect domestic manufacturing and bolster national security. However, this move could lead to increased truck prices, supply chain disruptions, and heightened uncertainty for freight carriers. Experts analyze that the policy's impact will vary across different businesses, potentially accelerating manufacturing reshoring but also posing challenges related to labor and infrastructure.

01/20/2026 Logistics Industry Insights
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Congobrazzaville Strengthens Customs to Improve Trade

Congobrazzaville Strengthens Customs to Improve Trade

Congo (Brazzaville) is strengthening its customs administration capacity by hosting national workshops and adopting recommendations from the World Customs Organization. These efforts aim to increase tax revenue, reduce compliance costs for businesses, attract foreign investment, and promote trade facilitation, ultimately enhancing Congo (Brazzaville)'s international competitiveness. The country is working to adapt to changes in the global trade landscape in order to achieve sustainable economic growth.

01/22/2026 Customs Knowledge
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Guide to Understanding VAT Invoices for Businesses

Guide to Understanding VAT Invoices for Businesses

This article provides a clear and comprehensive explanation of VAT Invoices, covering their concept, purpose, function, and types. They serve not only as proof of transactions between businesses and consumers but also as crucial documents for corporate tax filing, claiming input VAT credits, and contributing to national tax revenue. Understanding VAT Invoices is essential for businesses to ensure tax compliance and for consumers to protect their rights.

01/23/2026 Customs Knowledge
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Ubas SWIFTBIC Code Key for Global Transfers

Ubas SWIFTBIC Code Key for Global Transfers

This article presents the SWIFT/BIC code UNAFNGLA 005 for UNITED BANK FOR AFRICA PLC, alongside information on international remittances using this code. It emphasizes the processing time for transfers, offers suggestions for optimizing costs, and highlights the importance of ensuring fund security in cross-border transactions.

08/20/2025 International Settlement
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Sudans Libra Currency Faces Volatile Market Trends

Sudans Libra Currency Faces Volatile Market Trends

This article explores the monetary characteristics of the Sudanese Libra Coin (SDG), market trends, and its significance in international transactions. It emphasizes the regulatory role of the central bank and the convenience for ordinary people in economic transactions, providing knowledge tools to better navigate the currency market.

08/19/2025 Exchange Rate Query
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