TradeLane

Big Changes Are Coming to China Imports and Exports

The Restructure Reform on China Government

On March 20, the 13th National People's Congress of China has formally reached an agreement on the institutional reform plan of the Chinese governmental agencies submitted by the State Council.  According to the restructuring plan, many governmental agencies related to import and export operations will be integrated or simplified, and the related parties’ working scope shall be adjusted as well.

Tradewin has summarized the developments as relates to import/export as follows:

The responsibilities and personnel of China and Inspection Quarantine (CIQ) shall be integrated into China Customs.

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Topics: Asia

How Is Trade Compliance Evolving for Retail Companies in Asia?

The Brick-to-Click Momentum

With modern age online shopping, our favorite items might just be a click away. When I was living in Shanghai, logistics had become so advanced that the typical lead time from purchasing an item to having it delivered at the door should not take more than 1 or 2 days.

As a consumer, do we ever think about how it is possible for products to be delivered so quickly?

As a customs and trade consultant, I have had the privilege to work with many retailers. We analyze the flow of goods and transactions to optimize supply chain and trade compliance.

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Topics: Asia

The ACVA Shield

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If you are being attacked by a stronger opponent, sometimes you need a strong shield. Korea Customs is such an opponent with all the power of the government behind them, how can importers protect themselves?  

One defensive shield available is the ‘ACVA’ program.

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Topics: Best Practices, Asia

A Cleaner, Greener Future. What Does This Entail for Trade In Asia?

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With the Brexit in full motion, the Britons should never have to worry about the infamous Euro-sausage ever becoming a threat to the English banger again. That should put many an Englishman at ease (watch the 1984 Christmas Special of the BBC’s “Yes Minister” if you are pondering the origin of this joke). The prospect of losing the liberty to fill up at the gas station though, is probably less of a laughing matter, especially if petrol and diesel powered vehicles have been a way of life for at least the last 60 years if not longer.

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Topics: Asia

Enjoy ISA in Korea

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The Korea Customs Service (KCS) has benchmarked the successful US Importer Self-Assessment (ISA) program and decided to establish a similar program in Korea for importers to use. Similar to the US, the ISA process starts with membership in Authorized Economic Operator (AEO). Korean AEO import companies are eligible to utilize the newly implemented ISA program, which is expected to become effective this month.

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Topics: Asia