Chinese Firms Expand Investments Across Egypts Key Industries

Chinese Firms Expand Investments Across Egypts Key Industries

Over 2,850 Chinese enterprises operate in Egypt, spanning diverse industries like manufacturing, services, agriculture, and telecommunications. China-Egypt economic and trade cooperation is continuously deepening through platforms like investment and innovation forums, bringing mutually beneficial opportunities and contributing to Egypt's economic development. In the future, both sides are expected to expand cooperation in more fields, achieving common prosperity. The increasing Chinese investment is playing a significant role in the Egyptian economy, fostering growth and creating jobs.

02/03/2026 Logistics Industry Insights
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China Sets February 2026 Customs Valuation Exchange Rate

China Sets February 2026 Customs Valuation Exchange Rate

This article provides a detailed interpretation of the determination basis for the customs duty-paying exchange rate in February 2026, including the calculation methods for both benchmark and non-benchmark exchange rates. It emphasizes the importance of monitoring significant exchange rate fluctuations. Understanding the calculation of customs duty-paying exchange rates helps enterprises better estimate costs and control risks in cross-border trade. This knowledge is crucial for accurate financial planning and mitigating potential losses due to currency volatility.

02/03/2026 Exchange Rate Query
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Global Logistics How to Prevent Customs Delays

Global Logistics How to Prevent Customs Delays

This article focuses on five major product categories prone to customs clearance issues in international logistics (food, pharmaceuticals, animals & plants and their products, chemical products, and electronic & electrical products). It provides a detailed interpretation of the specific customs clearance documents required for each category. The aim is to help shippers and freight forwarders avoid risks and ensure smooth customs clearance of goods. By understanding these specific requirements, businesses can minimize delays and costs associated with international trade.

02/03/2026 Customs Knowledge
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Importers Face Hidden Costs in Destination Charges

Importers Face Hidden Costs in Destination Charges

This article provides an in-depth analysis of various destination port charges in ocean freight, covering four main categories: terminal handling, customs clearance, local delivery, and miscellaneous surcharges. It reveals key cost components such as DTHC, detention fees, and tariffs. The aim is to help cargo owners understand the details of these charges, optimize cost control, and enhance international trade competitiveness. This knowledge empowers shippers to better manage their expenses and make informed decisions regarding their international shipments.

02/03/2026 Logistics Encyclopedia
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WCO Leads Push for Sustainable Supply Chain Revival

WCO Leads Push for Sustainable Supply Chain Revival

The World Customs Organization (WCO) announced its 2021 theme as "Customs bolstering Recovery, Renewal and Resilience," highlighting the crucial role of customs in the sustainable recovery of global supply chains. Through digital transformation, strengthened international cooperation, and enhanced personnel capabilities, customs administrations can better address future challenges and ensure the smooth and secure flow of global trade. This includes adapting to new technologies and fostering collaboration to build more resilient and adaptable supply chains in the face of disruptions.

02/03/2026 Customs Knowledge
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WCOWACAM Project Modernizes Ghana Customs Operations

WCOWACAM Project Modernizes Ghana Customs Operations

An assessment by the World Customs Organization (WCO) of its WCO-WACAM project supporting the Ghana Revenue Authority (GRA) revealed significant progress in stakeholder engagement, human resource management, and strategic management. The WCO has proposed further collaboration aimed at strengthening customs administration in Ghana, promoting trade facilitation, and fostering economic development. The project's impact highlights the importance of targeted capacity building initiatives in achieving customs modernization goals and contributing to broader economic growth within the region.

02/03/2026 Customs Knowledge
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Serbia Boosts Customs Modernization with WCO Support

Serbia Boosts Customs Modernization with WCO Support

With the support of the World Customs Organization (WCO) and the Customs Cooperation Fund Germany (CCF Germany), Serbian Customs held a workshop on customs laboratory modernization and Harmonized System (HS) tariff management. By enhancing laboratory analysis capabilities, optimizing HS code application, and strengthening capacity building, Serbian Customs aims to promote trade facilitation, improve revenue collection, and combat smuggling, ultimately boosting its international competitiveness. This initiative reflects Serbia's commitment to aligning with international standards and improving its customs operations.

02/03/2026 Customs Knowledge
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WCO Updates Commodity Classifications in Major HS Committee Session

WCO Updates Commodity Classifications in Major HS Committee Session

The 58th Session Decisions of the WCO Harmonized System Committee have been released, encompassing 14 new commodity classification opinions, 10 revisions to the Harmonized System Explanatory Notes, and 27 commodity classification rulings. These decisions cover a wide range of goods including chili seeds, chocolate stew, cough drops, candy dispensers, ceramic ink, Hall elements, tube bundle containers, balance scooters, floating structures, fracture fixation products, and virtual reality sets. This provides significant guidance on commodity classification for global trade participants.

02/03/2026 HS Code Query
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WCO Supports Gambia Revenue Authoritys HR Modernization

WCO Supports Gambia Revenue Authoritys HR Modernization

The World Customs Organization (WCO) is supporting the modernization of human resource management at the Gambia Revenue Authority (GRA) through the West Africa Customs Administration Modernization Project. This project assisted the GRA in finalizing key tools such as the competency directory, job directory, service charter, and job descriptions, laying the groundwork for future communication and change management. The WCO will continue to support the GRA in improving its management level, promoting regional trade facilitation and economic development.

02/03/2026 Customs Knowledge
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Uschina Tariff Truce Offers Ecommerce Sellers New Opportunities

Uschina Tariff Truce Offers Ecommerce Sellers New Opportunities

The 90-day delay in US-China tariffs provides a window of opportunity for cross-border e-commerce businesses. Sellers should seize this time to diversify risks, expand into multiple markets, and leverage tools like E-Cang ERP to improve management efficiency. This proactive approach will help them navigate future tariff changes and achieve sustainable growth. Focusing on risk mitigation and operational optimization during this period is crucial for long-term success in the face of evolving trade policies.

02/03/2026 Customs Knowledge
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