Iraq implements a new tariff policy for imported goods: taxing gold and other commodities
29 December 2023
Iraqs Border Ports Authority recently announced, based on Cabinet Resolution No. 23672 of 2023, that starting December 1, 2023, tariffs will be imposed on imported goods including gold to support commercial development and regulate import processes. This policy change may significantly impact enterprises engaged in exports to Iraq.
Eurasian Economic Union strengthens regional economic cooperation: important free trade agreement signed
27 December 2023
Beautiful but Difficult: The Challenges of Fireworks Export
South Koreas new energy vehicle exports hit a record
26 December 2023
South Korea’s automotive industry has achieved remarkable achievements in the field of new energy vehicles, with exports expected to exceed 700,000 vehicles for the first time this year, setting a record-high record. This achievement is prominent in the context of the decline in global demand for electric vehicles, showing South Korea’s competitiveness and market potential in the field of new energy vehicles.
The U.S. retail industry faces challenges: declining sales and increased risk of bankruptcy
25 December 2023
According to the resolution, fixed tariffs for 20-foot containers...
EU deforestation laws affect trade in developing countries, and importers face compliance challenges
22 December 2023
The Admission Ticket: Enterprise Qualification Preparation...
US intervenes in Portugals decision to purchase Chinese scanning equipment, raising concerns about sovereignty and economic interests
21 December 2023
The recent U.S. influence on Portugal’s internal decision-making, especially in terms of the Portuguese government’s consideration of purchasing scanning equipment from Chinese companies for the port of Lisbon, has caused widespread concern in Portugal. According to the report of Portugal’s largest portal SAPO, this intervention has aroused questions among the Portuguese people, whose sovereignty over their country has been pushed by external forces.
Indias GDP growth has exceeded expectations, and economic challenges remain severe
18 December 2023
India’s GDP growth rate for the third quarter of 2023, which was recently released, was 7.6 percent higher than expected, making India one of the fastest-growing countries among the world’s major economies. The Bank of India has further raised its GDP growth forecast for the fiscal year 2023/2024 from 6.5 percent to 7 percent whileining an unchanged interest rate of 6.5 percent.
The Christmas shipping season is expected to cause freight rates in Asia and Europe to continue to rise in December
15 December 2023
According to the latest report released by Linerlytica, Asia-European shipping charges are expected to continue to rise throughout December as shippers drive out cargo before Christmas. This trend reflects the impact of the holiday season on the international logistics and transportation markets. Asia to Northern Europe and the Mediterranean Sea shipping prices rise The latest Shanghai Container Shipping Price Index shows that shipping prices from Asia to Northern Europe have already risen.
The General Administration of Customs issued new measures to optimize railway rapid customs clearance to support the Belt and Road initiative
14 December 2023
To further support the high - quality construction of the Belt and Road Initiative, the General Administration of Customs has officially issued relevant measures to optimize the rapid customs clearance of railways, which came into effect on December 15, 2023. These new measures aim to promote the development of international railway combined transport trains and improve the efficiency and facilitation level of the rapid customs clearance and transportation of railway import and export goods within the territory. I. Application channels for the rapid - clearance business...
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