Ireland Overhauls Biopharma Tariffs to Spur RD and Trade

Ireland Overhauls Biopharma Tariffs to Spur RD and Trade

Ireland has released a biopharmaceutical tariff adjustment plan aimed at reducing R&D and compliance costs, and strengthening its global competitiveness. The new policy focuses on tax reductions for R&D equipment, adaptation to new EU regulations, incentives for high-value drug exports, and restrictions on low-value-added product exports. This move aims to address challenges such as the impact of new EU regulations and increased global competition. It is expected to promote the quality and efficiency of Ireland's biopharmaceutical industry, optimize the global trade landscape, and inject new impetus into Sino-Irish and EU-Irish pharmaceutical trade.

US to Tighten Air Cargo Rules for Lithium Batteries in 2025

US to Tighten Air Cargo Rules for Lithium Batteries in 2025

New US regulations for air transport of lithium batteries will be implemented in phases starting in 2025, focusing on capacity limits, packaging testing, and label updates. From 2026, all lithium battery cells and packs must be transported at a state of charge (SOC) not exceeding 30% of their rated capacity. A new 3-meter stacking test is introduced, and labels are renamed to cover sodium-ion batteries. The FAA prohibits the air transport of damaged batteries. Cross-border e-commerce sellers need to pay close attention to the new regulations and adjust their strategies to ensure compliant transportation.

01/15/2026 Logistics
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Panamas Shipping Industry Warns of Port Oligopoly Threat

Panamas Shipping Industry Warns of Port Oligopoly Threat

Ricardo Lins, president of the Panama National Maritime Authority, urges the country to avoid oligopoly in port management. He emphasizes the need for transparent regulations to attract new shipping companies and investments, strengthen market competition, and ensure long-term development.

08/04/2025 Logistics
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Key Duties of Importers in Global Trade Explained

Key Duties of Importers in Global Trade Explained

Importers bear customs responsibilities in international trade, including document preparation, product classification, and tariff payment, as well as compliance with laws and regulations. This crucial role ensures business compliance and effective operations, particularly in the complex environment of international markets.