Tianjin and Riyadh Strengthen Ties Via Trade Culture

Tianjin and Riyadh Strengthen Ties Via Trade Culture

This paper analyzes the geographical distance, cultural differences, and economic and trade cooperation between Tianjin and Riyadh, the capital of Saudi Arabia. Despite the vast distance and significant cultural disparities, close cooperation exists in areas such as oil imports, chemical investment, and steel trade. In the context of globalization, strengthening exchanges and cooperation between Tianjin and Saudi Arabia is of great significance. This collaboration fosters mutual benefits and contributes to the broader development of both regions, promoting economic growth and understanding.

Djibouti Aims to Become Key Global Trade Hub

Djibouti Aims to Become Key Global Trade Hub

The Djibouti Port and Free Zone Authority (DPFZA) is committed to becoming a vital platform for global business and logistics, enhancing the investment environment and infrastructure development. The authority actively promotes Djibouti as a hub for international trade, driving business growth and economic expansion.

Modern Ports Boost Global Supply Chain Resilience

Modern Ports Boost Global Supply Chain Resilience

This article highlights the importance of modernized ports in ensuring the resilience of the U.S. economic supply chain. It discusses a recent crisis triggered by union strikes and calls for investments in automation and technology to enhance port efficiency, safeguarding national security and competitiveness.

08/06/2025 Logistics
Read More
South Korea WCO Partner to Develop Global Trade Talent

South Korea WCO Partner to Develop Global Trade Talent

Korea Customs Service (KCS) signed a cooperation agreement with the World Customs Organization (WCO). Through the Korea Customs Cooperation Fund, KCS aims to provide high-level training to customs officials from other countries, sharing Korea's experiences and best practices in trade facilitation. KCS also pledged to increase its financial and human resource contributions to the WCO, assisting WCO members in implementing relevant standards and jointly promoting the advancement of global customs affairs. This collaboration underscores Korea's commitment to supporting international customs cooperation and development.

Russia Extends Capital Controls to 2026 Impacting Sinorussian Trade

Russia Extends Capital Controls to 2026 Impacting Sinorussian Trade

Russia has extended its capital controls until the end of 2026 to counter external sanctions and stabilize its domestic economy. The new regulations clarify prohibited transaction scopes, but mainstream China-Russia cooperation remains unaffected, with key projects potentially receiving prioritized approval. Chinese companies should review their cooperation models, retain approval documents, and leverage bilateral mechanisms to mitigate risks and seize cooperation opportunities. Careful due diligence regarding sanctioned entities and understanding evolving regulations are crucial for navigating the compliance landscape and ensuring continued successful partnerships.

Iran Japan Sign Customs Pact to Boost Trade

Iran Japan Sign Customs Pact to Boost Trade

Iran and Japan signed a Mutual Assistance and Cooperation Agreement on Customs Matters, aiming to strengthen bilateral cooperation in the customs area. The agreement facilitates information sharing, joint research, and administrative assistance. Based on the World Customs Organization's Model Agreement, it will promote trade growth, enhance trade security, and improve the investment climate. This agreement sets a precedent for global customs cooperation, fostering a more secure and efficient international trade environment between the two nations. It is expected to significantly boost economic ties and streamline customs procedures.

Brazils Customs Hurdles Slow International Shipments

Brazils Customs Hurdles Slow International Shipments

This article analyzes the multiple factors affecting customs clearance in international express shipments to Brazil, including product type, document completeness, customs inspection situations, port efficiency, and logistics channel selection. By effectively mastering these elements, users can optimize their express delivery experience and improve customs clearance efficiency.