Walmart Thrives in Lijiang Through Compliance and Localization

Walmart Thrives in Lijiang Through Compliance and Localization

Walmart in Lijiang prioritizes compliant operations, integrating into the local market by leveraging a localized supply chain and supporting cross-border payments to cater to both residents and tourists. Its store location strategy, product category selection, and collaboration with local farmers demonstrate a commitment to localized service, offering valuable insights for retail development. This approach highlights the importance of understanding and adapting to local needs for successful market penetration and sustainable growth in the retail sector.

02/05/2026 Logistics Encyclopedia
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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.

12/30/2025 Customs Knowledge
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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.

01/30/2026 International Settlement
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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.

02/03/2026 Customs Knowledge
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Lockhart River Airport Key to Far North Queensland Aviation

Lockhart River Airport Key to Far North Queensland Aviation

Lockhart River Airport is a vital aviation hub in northeastern Cape York Peninsula, Queensland, Australia, serving the local Indigenous community. This article details the airport's IATA/ICAO codes, geographical coordinates, history, facilities, operating routes, and its economic and social impact on the local community. It also explores future development prospects. The airport plays a crucial role in connecting remote areas with the outside world and fostering local economic growth. Its continued operation is essential for the region's connectivity and development.

01/20/2026 Airport Codes
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OZON Russia Sellers Urged to Own Storefronts for Success

OZON Russia Sellers Urged to Own Storefronts for Success

This article reveals common pitfalls in renting OZON local stores, including compliance risks, logistics bundling, and reputation issues. It emphasizes the advantages of independently registering a local store, such as compliance assurance, operational control, and cost benefits. Furthermore, it provides a detailed guide to compliant entry into the OZON local store market, helping sellers avoid pitfalls and achieve steady growth. The guide aims to equip sellers with the knowledge needed for a successful and compliant presence on the OZON platform.

02/03/2026 Logistics Industry Insights
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Redcliffe Airport Vanuatus Undiscovered Travel Hub

Redcliffe Airport Vanuatus Undiscovered Travel Hub

Redcliffe Airport, located in Vanuatu, serves as a small airport that connects the local area with the outside world. Its grass runway and unique geographical position make it a starting point for exploring Vanuatu, while also contributing to the development of the local economy and tourism industry.

08/08/2025 Airport Codes
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