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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Canada Slaps Heavy Duties on Chinese Thermal Paper Imports

Canada Slaps Heavy Duties on Chinese Thermal Paper Imports

Canada imposed anti-dumping and countervailing duties of up to 359.1% on thermal paper rolls from China, significantly impacting the competitiveness of Chinese products in the Canadian market. This action exemplifies the rise of trade protectionism and serves as a warning to Chinese enterprises to closely monitor international trade policy changes, proactively address challenges, and consider diversifying their export markets. The high tariffs create a substantial barrier to entry and highlight the need for Chinese companies to develop strategies to mitigate the impact of such protectionist measures.

01/26/2026 Customs Knowledge
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Hans Laser Subsidiary Profits Soar on AI PCB Demand

Hans Laser Subsidiary Profits Soar on AI PCB Demand

Han's Laser's subsidiary, Han's CNC, forecasts a substantial net profit surge of 160.64% to 193.84% in 2025, driven by the booming demand for PCB equipment fueled by AI computing infrastructure development. The company's increased proportion of high-value products enhances profitability, with clear downstream capacity expansion plans indicating a peak delivery period in 2026. Furthermore, technological advancements are creating new demand for high-end equipment, with core products being purchased in bulk by leading companies. The A+H listing process is also progressing steadily.

01/26/2026 Logistics Industry Insights
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Top ERP Systems for Construction Material Firms in 2025

Top ERP Systems for Construction Material Firms in 2025

This analysis compares the application of four major ERP systems – Wanda Bao, SAP, Oracle, and Microsoft – in the building materials industry. It examines their strengths and weaknesses in terms of functionality, providing a valuable reference for companies selecting an ERP solution. The comparison aims to help businesses make informed decisions by highlighting the specific advantages and disadvantages of each system within the context of the building materials sector, ultimately assisting them in choosing the most suitable ERP for their needs and digital transformation goals.

01/26/2026 Logistics Encyclopedia
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Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore is implementing new EP/S Pass policies in 2026, raising salary thresholds, restricting foreign quotas, and strengthening job approvals. Companies need to focus on the compliance of contract texts, job matching, and supporting documents. Building a sound compliance system and planning ahead are crucial to adapt to the new regulations and smoothly attract talent. Businesses should proactively conduct compliance self-checks to ensure they meet the upcoming requirements and avoid potential penalties. Early preparation is key to navigating the evolving landscape of Singapore's foreign workforce regulations.

01/26/2026 Logistics Industry Insights
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Wanqi Bang Expands Global Electronics Supply Chains

Wanqi Bang Expands Global Electronics Supply Chains

Wanqi Bang Group attended the 3rd Electronic Information Industry Supply Chain Annual Meeting held by the China Federation of Logistics & Purchasing, actively participating in industry discussions and being appointed as a council member of the branch. Moving forward, leveraging its expertise in overseas consulting and the branch platform, Wanqi Bang will focus on AI and overseas expansion trends. It aims to assist Chinese electronic information industry supply chain companies in achieving compliant market entry and sustainable operations globally, thereby empowering the globalization of the industry ecosystem.

01/26/2026 Logistics Industry Insights
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Global Trade Shifts As Uschina Dynamics Evolve SP Report

Global Trade Shifts As Uschina Dynamics Evolve SP Report

S&P Global expert Chris Rogers shares insights on US imports and exports, peak season, inventory levels, and US-China trade dynamics. He advises businesses to strengthen risk management practices and optimize their supply chains to navigate current challenges. The discussion highlights the importance of proactive strategies in a volatile global trade environment. Companies should focus on building resilience and flexibility to mitigate potential disruptions and maintain operational efficiency. This includes diversifying sourcing, improving forecasting, and investing in technology to enhance supply chain visibility.

01/21/2026 Logistics Industry Insights
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HS Code 34024220 Key to Global Fats Trade Expansion

HS Code 34024220 Key to Global Fats Trade Expansion

This paper focuses on HS code 34024220, analyzing tariff barriers and opportunities in the import and export trade of animal/vegetable/microbial oils and fats. Accurate understanding of HS codes helps companies avoid compliance risks, optimize tariff costs, and improve supply chain efficiency, ultimately leading to profit growth. By thoroughly understanding product ingredients, consulting official guidelines, and seeking professional assistance, businesses can ensure accurate classification and gain a competitive advantage in trade. Precise HS code classification is crucial for tariff optimization and compliant international trade.

01/27/2026 HS Code Query
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Proper HS Code Classification Crucial for Cereal Germ Trade

Proper HS Code Classification Crucial for Cereal Germ Trade

HS Code 110430 specifically refers to cereal germ, whole, rolled, flaked, or ground. Accurate classification under this code is crucial for businesses, impacting tariff payments, regulatory compliance, and supply chain efficiency. Companies need a thorough understanding of the code's scope, customs regulations, and specific rules in different countries or regions. Utilizing tariff simulation tools for analysis can optimize trade strategies, reduce costs, and enhance competitiveness in the international market. Proper classification ensures accurate duty assessment and smooth customs clearance, contributing to overall business success.

01/27/2026 HS Code Query
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Digital Transformation Boosts Supply Chain Resilience

Digital Transformation Boosts Supply Chain Resilience

This paper explores how integrating digital manufacturing into the supply chain can enhance a company's ability to respond to economic and political uncertainties. It focuses on analyzing the implementation strategies and benefits of digital manufacturing, as well as the key elements in the digital transformation process. The aim is to help companies build a more resilient supply chain system. It discusses practical approaches to leverage digital technologies for increased agility and responsiveness, ultimately enabling businesses to navigate complex and volatile market conditions more effectively.

01/26/2026 Logistics Industry Insights
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