Chinese Firms Urged to Manage ESG Risks in Overseas Investments

Chinese Firms Urged to Manage ESG Risks in Overseas Investments

This paper delves into how companies can effectively identify and address Environmental, Social, and Governance (ESG) risks in overseas investments. Focusing on core issues such as labor rights and environmental protection, it emphasizes establishing effective communication with stakeholders. The article proposes compliance strategies tailored to international ESG standards and local regulations, aiming to help companies operating abroad achieve sustainable and robust growth in the global market. It provides insights into navigating the complexities of ESG considerations in international business ventures.

Antigua and Barbuda Hosts Seafood Festival to Boost Gastronomic Tourism

Antigua and Barbuda Hosts Seafood Festival to Boost Gastronomic Tourism

The Antigua and Barbuda Seafood Festival is a grand event integrating marine culture, culinary tourism, and economic development. Through vibrant ceremonies, cooking competitions, gastronomic experiences, and cultural activities, it celebrates the region's abundant seafood resources while fostering cultural exchange and tourism. With an increasing focus on sustainable development, the festival aims to bring a brighter future to the local community. It is a celebration of the sea, the culture, and the flavors of Antigua and Barbuda, attracting both locals and tourists alike.

Shopee Expands Store Clusters to Boost Southeast Asia Ecommerce

Shopee Expands Store Clusters to Boost Southeast Asia Ecommerce

The Shopee store cluster model is an e-commerce strategy where sellers open multiple stores to form a network, aiming to boost sales, expand market coverage, and strengthen brand building. It offers advantages such as product diversity, market expansion, brand reinforcement, and operational flexibility. However, it also faces challenges like management complexity, increased costs, and competitive pressure. To successfully implement a store cluster strategy and achieve sustainable development, merchants need precise positioning, strict quality control, refined operations, and compliant business practices.

Etsy Sellers Explore Alternatives Amid 2025 Ecommerce Shifts

Etsy Sellers Explore Alternatives Amid 2025 Ecommerce Shifts

This article delves into the risks of Etsy account suspension and provides alternative cross-border e-commerce platform strategies for 2025, covering various options such as product category alternatives, self-built websites, and platform onboarding. It also introduces AdsPower, a multi-store management tool, to help sellers conduct cross-border business efficiently and safely, achieving steady growth. The strategies aim to mitigate risks associated with relying solely on Etsy and diversify sales channels for sustainable success in the global market.

OZON Sellers Boost Profits with Selffulfillment Model

OZON Sellers Boost Profits with Selffulfillment Model

This article provides an in-depth analysis of the value and profitability strategies of OZON's Fulfillment by Seller (FBS) model, emphasizing its role in low-cost trial and error, traffic locking, and diversified operations. By optimizing operational efficiency, reducing costs, and refining product selection, sellers can fully leverage the advantages of FBS to achieve sustainable growth in their e-commerce business. Focus is placed on strategic product sourcing and operational improvements to maximize returns within the OZON marketplace using the FBS model.

UK WCO Extend Trade Facilitation for Developing Nations

UK WCO Extend Trade Facilitation for Developing Nations

UK Customs and the World Customs Organization have extended their trade facilitation cooperation project, investing £1.6 million to support Commonwealth developing countries in implementing the WTO's Trade Facilitation Agreement. This initiative aims to enhance customs capabilities, promote inter-agency cooperation, and establish sustainable mechanisms. The project will help developing countries integrate into the global trading system, fostering economic growth. The extended partnership will focus on building long-term capacity and ensuring the benefits of trade facilitation are realized by participating nations.

WCO Enhances African Customs Risk Management Against Illegal Wildlife Trade

WCO Enhances African Customs Risk Management Against Illegal Wildlife Trade

The World Customs Organization (WCO), through the "Trade Facilitation and Customs Modernization Programme for Sustainable Development in Sub-Saharan Africa," supports Customs administrations and national environmental agencies in the East African Community (EAC) and the Southern African Development Community (SADC). The program develops risk indicators for goods and substances controlled by the Montreal Protocol and the Basel Convention. This aims to combat the illegal cross-border movement and trade of hazardous waste, thus maintaining the sustainability of the global environment.

WCO Forum Outlines Postpandemic Customs Strategy

WCO Forum Outlines Postpandemic Customs Strategy

The inaugural meeting of the World Customs Organization (WCO) Working Methods Forum (CWOF) was successfully held, bringing together global experts to discuss the transformation of customs working methods. The meeting clarified future work directions, emphasizing the importance of technology, personnel, and leadership. It also planned follow-up activities aimed at building a more resilient, efficient, and sustainable customs system. The forum highlighted the need for customs administrations to adapt to evolving global challenges and embrace innovative approaches to trade facilitation and border security.

HS Codes Boost Green Transition in Textile Industry

HS Codes Boost Green Transition in Textile Industry

The World Customs Organization (WCO) held a seminar exploring how the Harmonized System (HS) can support the green transition of the textile industry. Participants emphasized the importance of value chain transparency, industry sustainability strategies, circular economy standardization, and technological innovation. Discussions focused on the role of the HS in identifying environmentally friendly textiles, aiming to foster a greener global trade system. The seminar highlighted the potential of HS codes to promote sustainable practices and contribute to a more environmentally responsible textile sector worldwide.

Malawi Customs Boosts Wildlife Protection with WCO Tech Upgrade

Malawi Customs Boosts Wildlife Protection with WCO Tech Upgrade

The World Customs Organization (WCO) is assisting the Malawi Revenue Authority (MRA) in enhancing its intelligence capabilities to combat illegal wildlife trade. Through training and process optimization, the initiative strengthens risk management and contributes to the protection of biodiversity. This collaboration aims to improve the MRA's ability to identify and intercept shipments of illegal wildlife products, ultimately supporting global efforts to conserve endangered species and combat transnational crime. The WCO's support is crucial for building sustainable enforcement mechanisms within the MRA.