WTO Pact Gains Global Support to Boost Trade in Developing Nations

WTO Pact Gains Global Support to Boost Trade in Developing Nations

To help developing countries fully leverage the potential of the WTO's Trade Facilitation Agreement (TFA), multiple international organizations and development partners reaffirmed their commitment to providing comprehensive and coordinated support. This includes technical assistance, capacity building, and financial support aimed at streamlining trade procedures, reducing trade costs, and improving trade efficiency. The ultimate goal is to promote fairness and prosperity in the global economy by enabling smoother and more accessible trade processes for all nations.

12/30/2025 Customs Knowledge
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Trump Tariffs Spark Global Trade Fears China Evasion Concerns

Trump Tariffs Spark Global Trade Fears China Evasion Concerns

The high tariffs imposed by the US on China have prompted Chinese exporters to evade these tariffs through transshipment trade via third countries, raising concerns among neighboring Asian nations. Trump's new policies have further increased global trade uncertainty, necessitating careful responses from stakeholders.

08/05/2025 Logistics
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ICC Principles Promote Green Economy in Global Trade

ICC Principles Promote Green Economy in Global Trade

The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.

08/05/2025 Logistics Industry Insights
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Modern Logistics Driving International Trade An Indispensable Engine

Modern Logistics Driving International Trade An Indispensable Engine

Modern logistics plays an indispensable role in promoting the development of international trade in a globalized business environment. This article analyzes the current state of modern logistics and its significance in international trade. It proposes strategies such as aligning with international standards, providing policy support, and training talented individuals to better facilitate modern logistics in serving international trade.

07/23/2025 Logistics
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HS Codes Key to Efficient Crossborder Trade Logistics

HS Codes Key to Efficient Crossborder Trade Logistics

The HS code is a crucial tool in cross-border logistics, assisting customs in identifying goods, ensuring compliance, and determining tariffs. This article provides a detailed overview of the structure, core functions, querying methods, and common mistakes related to HS codes, emphasizing their importance and complexity in cross-border customs clearance.

08/05/2025 Logistics Encyclopedia
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Guangzhoumexico Freight Route Opens to Boost Trade Growth

Guangzhoumexico Freight Route Opens to Boost Trade Growth

The international freight route from Guangzhou to Harbin and then to Mexico has officially opened, operating two flights per week and expected to contribute $9.27 million in import and export value annually. The route features the addition of bonded fuel in Harbin, which saves costs while increasing transport revenues, showcasing efficient logistics services.

08/04/2025 Logistics
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China Boosts Crossborder Logistics to Stabilize Foreign Trade

China Boosts Crossborder Logistics to Stabilize Foreign Trade

The 2025 government work report emphasizes the improvement of the cross-border delivery logistics system and the construction of overseas warehouses to promote stable foreign trade development. It aims to enhance logistics timeliness, cost control, and supply chain stability, while also supporting the internationalization of cross-border e-commerce and Chinese brands, ultimately driving the formation of new models in foreign trade.

08/04/2025 Logistics
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Zhengzhoubudapest Cargo Route Opens to Boost Ecommerce Trade

Zhengzhoubudapest Cargo Route Opens to Boost Ecommerce Trade

The new freighter route from Zhengzhou to Budapest has been successfully launched, marking the collaboration between ZHONGDA MEN International Logistics Group and One Air to provide efficient logistics support for cross-border e-commerce. With plans for four weekly flights, this initiative aims to assist businesses in expanding their presence in the European market and promote the high-quality development of cross-border e-commerce.

08/04/2025 Logistics
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UPS Expands Indiagermany Air Freight to Boost Trade

UPS Expands Indiagermany Air Freight to Boost Trade

UPS has announced the enhancement of the “India-Germany” air freight route to increase air transport capacity and meet the growing trade demand. The newly added Boeing 747-8 flights will effectively connect the Indian and European markets, boosting India's export economy to new heights.

08/04/2025 Logistics
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Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

The Philippines will launch a National Time Release Study (TRS) in 2025 to enhance the efficiency of customs clearance for maritime imports and exports. Spanning two weeks, the study will focus on the Manila International Container Port and has received support from the World Customs Organization and HM Revenue and Customs of the UK. The final report is expected to be completed by the end of the year, providing a basis for subsequent reforms aimed at promoting trade facilitation and enhancing national competitiveness.

07/28/2025 Logistics
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