Did you know that some goods can be imported into the EU without paying duties? Today we're talking about duty-free tariff quotas and goods eligible for additional preferences.
A foreign trade contract is a special agreement between a supplier and a client from different countries regarding the exchange of goods/services to regulate trade relations. The contract defines the terms and rights of the parties involved.
Shipping goods from China to the USA involves numerous nuances that must be taken into account. If you want to expand your business activities, China is an excellent opportunity. China provides its business partners with state-of-the-art production facilities and logistical services. China is a leader in the production of not only consumer goods but also branded electronics and clothing. Exporting can be done on such favorable terms that no savvy and advanced businessman can overlook such an opportunity. Factory-produced goods are of high quality and offered at reasonable prices.
Wooden pallets typically have top and bottom deck boards held together by three runners. Most are fastened with screws or nails. Wood is often heavy and easily breaks. This means that such pallets need to be replaced regularly. Wood is also a heavy material to clean. Additionally, the risk of contaminating wooden pallets means they are not ideal for transporting many types of cargo. When wood gets wet, it becomes a vulnerable breeding ground for bacteria, which can transfer to other contaminants.
Conventionally, containers can be divided into 2 types: standard sizes and non-standard sizes. The second item refers to containers between 45 and 53 feet in size. 20-foot and 40-foot containers are called standard. We will talk about them today.
The Chinese port complex of Shenzhen is rightfully considered one of the top ports in terms of development and cargo throughput. Moreover, for cargo recipients in Ukraine, this port, particularly the Shekou terminal from maritime service, is the closest to the port of Odessa, unlike the Guangzhou port, where containers arrive at the same Shekou terminal before heading to Ukraine, allowing for savings of transit time for our clients.
It has been two weeks since a new mechanism for insuring ships against war risks came into effect in Ukraine. It will significantly reduce the current insurance premiums for carriers exporting and importing to Ukraine by sea. The Ukrainian government adopted the relevant decision, which paves the way for cooperation with British reinsurance companies, on November 14, 2023. Here's what will change and what it will mean for charterers, operators and owners of ships.
China attracts businessmen with its large production capacity and low prices. However, doing business with China is surrounded by a number of myths that can distort reality and hinder effective and profitable cooperation. Today we will review and analyze the most common ones.
The events in the Red Sea, which have been the focus of global attention for the past two months, have a direct impact on the delay in the delivery of sea cargo. What is the reason for these disruptions in the logistics chain, what consequences can we expect for global trade, and what are the experts' forecasts for resolving this situation? Let's take a closer look at all this.
China is a major exporter of goods on the international market, including Ukraine. In recent years, the integration of Chinese goods into various markets has increased significantly, but their success in Ukraine requires specific adaptations and a strategic approach. Today, we are going to tell you what is needed to successfully bring Chinese goods to the Ukrainian market.
There are 7 national holidays in China. New Year's Day, Labor Day, and the Day of the Founding of the People's Republic of China are celebrated on the same dates every year. Other holidays are determined by the lunar calendar: it depends on the change of the moon's phases. New Year in China is an important family holiday. In 2024, it is celebrated from February 9 to 15.
For more than two weeks, Polish carriers have been blocking the movement of freight transport on the border with Ukraine, causing nearly 3,000 trucks to queue up. Their main demand is to restore the system of permits for Ukrainian carriers that the European Union canceled last summer. Every day of downtime due to the strike causes millions in losses to companies. DiFreight has analyzed the positions of the different parties to the conflict and figured out what the strike at the Polish border could lead to.
Our modest 2-day New Year's celebration cannot be compared to the wild partying during an alternative Chinese holiday. After all, the Chinese celebrate the new year in 2023 for almost 2 weeks. For example, this time the celebration will take place from January 22 to February 5 — 12 days of carnivals, dragons, lights, traditional foods and games on the streets of Beijing.
During a year and a half of intense military operations, the fate of Ukraine became the subject of special attention of the international community. Widespread support from our Western allies and international organizations reinforces belief in victory and helps the nation endure. Among the important aspects of this support is humanitarian aid to both civilians and the military. Today we are talking about the specifics of transporting humanitarian aid to Ukraine under martial law.
Are you looking for the latest technological developments that can be started and implemented in Ukraine? Don't know where to get suppliers and buy current products at the lowest prices? Have you heard anything about the Canton Fair in China, which will be held from April 15 to May 5? Let's talk!