ICC WCO Partner to Simplify Global Trade Processes

ICC WCO Partner to Simplify Global Trade Processes

The International Chamber of Commerce (ICC) and the World Customs Organization (WCO) continue their collaboration, focusing on trade facilitation and discussing key issues such as origin verification, transit, and single windows. They pay particular attention to the role and position of SMEs in global trade, jointly seeking best practices to support them. The aim is to build a more open, inclusive, and efficient global trading system. This ongoing partnership underscores the commitment to simplifying trade processes and empowering SMEs to participate effectively in the international marketplace.

12/30/2025 Customs Knowledge
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WCO Standards Accelerate Global Trade Digitalization

WCO Standards Accelerate Global Trade Digitalization

The Secretary General of the World Customs Organization (WCO) highlighted the crucial role of data and technology in driving the global digital transformation of trade at the ICC Future Trade Forum, introducing relevant WCO initiatives. He advocated for the adoption of the WCO Data Model to promote interoperability of trade standards and explored collaboration opportunities with Singapore Customs, the International Chamber of Commerce, and APEC. The aim is to enhance trade efficiency, security, and inclusivity through standardized data and technological advancements in customs procedures and international trade.

01/05/2026 Customs Knowledge
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Spainchina Sea Freight Faces Trade Route Cost Challenges

Spainchina Sea Freight Faces Trade Route Cost Challenges

The maritime shipping route between Spain and China has a long history and serves as a crucial channel for trade between the two countries. This article details the historical origins of the route, major ports, sailing schedules, shipping times, and factors influencing sea freight rates. It also provides avenues for freight rate inquiries, aiming to provide businesses with comprehensive maritime information. The route's significance in facilitating international logistics and fostering economic ties is highlighted, offering insights into its operational aspects and impact on global commerce.

01/26/2026 Logistics
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Armenia Joins Istanbul Convention to Boost Trade

Armenia Joins Istanbul Convention to Boost Trade

Armenia's accession to the Istanbul Convention aims to simplify international trade procedures, reduce costs, and expand access to overseas markets, ultimately fostering economic development. By adopting the ATA Carnet system, Armenia streamlines customs procedures for temporary imports, benefiting businesses involved in exhibitions, fairs, and professional equipment movement. This move is expected to enhance trade facilitation, making it easier and more efficient for Armenian companies to engage in global commerce and attract foreign investment. The convention's implementation promises to boost Armenia's competitiveness in the international arena.

01/26/2026 Customs Knowledge
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Ukchina Partnership Boosts Chinese Firms Global Growth

Ukchina Partnership Boosts Chinese Firms Global Growth

The British Chamber of Commerce in Southern China successfully held its annual flagship forum, focusing on Chinese companies expanding into the UK and global markets. Through strategic cooperation with the China Overseas Investment Service Center, a systematic service framework was built, employing a 'one horizontal, multiple vertical' model to precisely match resources and improve the efficiency of international operations. The forum emphasized the extension of China-UK cooperation into professional services, highlighting trust and resilience as crucial for sustainable growth, ultimately helping Chinese enterprises build global competitiveness.

02/11/2026 Logistics Industry Insights
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China Eases Overseas Listings Via Red Chip Structures

China Eases Overseas Listings Via Red Chip Structures

This article provides an in-depth analysis of the entire process of ODI (Overseas Direct Investment) filing under the Red Chip structure, emphasizing its crucial role in capital outflow, listing compliance, and profit repatriation. It meticulously breaks down the filing process into four stages: preliminary preparation, NDRC (National Development and Reform Commission) filing, MOFCOM (Ministry of Commerce) filing, and SAFE (State Administration of Foreign Exchange) registration. A core material checklist for 2025 is also provided to help companies successfully complete ODI filing and achieve overseas listing.

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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Chinaeurope Sea Trade Routes Expand Amid Global Shipping Shifts

Chinaeurope Sea Trade Routes Expand Amid Global Shipping Shifts

This paper provides an in-depth analysis of the China-Europe maritime shipping routes, covering route overviews, major shipping companies, key ports, types of goods transported, route selection, and the opportunities and challenges faced. It focuses on the Western Route, Central Route, and Eastern Route, addressing common questions about route distances and transit times. The analysis offers a comprehensive understanding of this critical trade artery connecting China and Europe, highlighting its importance for global commerce and the logistical considerations involved in optimizing shipping strategies.

02/02/2026 Logistics Encyclopedia
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Kobe Port Assesses Strategy and Growth Potential

Kobe Port Assesses Strategy and Growth Potential

This article provides an in-depth analysis of Kobe Port's strategic importance, operational data, and future development. It examines its locational advantages, throughput, route network, customs clearance processes, logistics services, fee structure, operating hours, and shipping partnerships. The analysis reveals Kobe Port's significant role in global trade and highlights its potential as a key hub connecting the Asia-Pacific region with global trade routes. The article explores how Kobe Port contributes to efficient supply chains and facilitates international commerce, solidifying its position in the global logistics landscape.

01/04/2026 Port Encyclopedia
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China Tightens Dualuse Export Controls in 2026 Update

China Tightens Dualuse Export Controls in 2026 Update

The Ministry of Commerce and the General Administration of Customs released the 2026 "Catalog of Dual-Use Items and Technologies Subject to Import and Export Licensing Management," effective January 1, 2026. Operators importing radioactive isotopes must apply for an import license after approval from the Ministry of Ecology and Environment. This new regulation serves as the "gold standard" for import and export compliance in 2026, requiring companies to update their compliance strategies promptly to ensure adherence to the latest requirements and avoid potential penalties.

02/05/2026 Customs Knowledge
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