2014 IFCBA World Conference
The International Federation of Customs Brokers Associations held its bi-annual world conference "Celebrating 25 Years of Trade Facilitation through Expertise and Innovation" in Seoul, Korea from May 13-17, 2014. Please click here for the press release and for the new IFCBA executive team.
About the IFCBA
The IFCBA has been representing the interests of the worlds' customs brokers and their clients since 1990. Many of our member asoociations have been involved in similar activities within their own countries for nearly a century. » more
Indian Prime Minister Narendra Modi won a pledge from Chinese President Xi Jinping to invest $20bn as the leaders sought to adjust a lopsided trade relationship and resolve a flare-up on their disputed border.
Leaders of the world’s two most populous countries yesterday announced a five-year plan in which China would invest $20bn to help reduce India’s largest trade deficit with any single country. China will also help set up industrial parks in the Indian states of Maharashtra and Gujarat, which Mr Modi ran before taking power in May.
“We agreed that our economic relations do not do justice to our potential,” Mr Modi said at a joint briefing with Mr Xi in New Delhi yesterday.
Mr Modi on Wednesday said he received assurances that China would take steps to address a worsening trade balance between the nations and improve market access for Indian companies.
This has been excerpted from a 19 September 2014 article by Kartikay Mehrotra and Unni Krishnan of Bloomberg and is available in its entirety at:
Latin America is a region of great diversity and endless opportunities for imports and exports. Given this diversity, both economic and political, companies doing business in Latin America need to stay informed of the latest regulations and opportunities from the various countries' governments where they are doing business. In an effort to assist you in staying up-to-date,
In this edition, we highlight updates with the implementation of a single vehicular patent in the Mercosur region, the efforts to achieve the integration between the Pacific Alliance and Mercosur, and the negotiations between Russia and the Latin American region. This newsletter is for informational purposes only, and we encourage you to reach out to your local Customs Authorities or compliance consultants if you have questions on these programs.
This article is available in its entirety on the Integration Points website at:
For the purposes of preventing the proliferation of weapons of mass destruction and executing treaties and other international agreements, the Ministry of Economy, Trade and Industry (METI) controls imports of goods under the Foreign Exchange and Foreign Trade Act and also provides respective provisions to regulate goods based on the Export Trade Control Order (hereinafter referred to as the “order”) under the Foreign Exchange and Foreign Trade Act.
On July 22, 2014, the Cabinet approved the required revision of the order concerning [i] addition and removal of goods to and from the regulatory list based on the agreements concluded at the International Export Control Conference in 2013 and [ii] centralized control of regulations, aiming to harmonize Japan’s systems with global systems, an approach bringing Japan into line with other countries and reducing burdens and reducing burdens imposed on businesses when enforcing treaties. METI hereby announces the revision.
This has been excerpted from a 22 July 2014 news release by the Ministry of Economy, Trade and Industry of Japan and is available in its entirety at:
Eagle Eye Expositions of Norwalk, CT has announced the full roster of speakers, topics, panelists and sponsors for its “Beyond the Border 2.0” U.S./Canada Border Conference, which will take place at the COBO Center in Detroit, MI on September 16-17.
In the Opening Keynote Panel, “North America Perimeter Security, An Idea Whose Time Has Come?”, Robert Bonner, principal, Sentinel HS Group and former commissioner, U.S. Customs and Border Protection, will serve as moderator, while R. Gil Kerlikowske, Commissioner, U.S. Customs and Border Protection, and Luc Portelance, President, Canada Border Services Agency, will be panelists. The session will outline a “Perimeter Protection” strategy, according to the Eagle Eye announcement, and why the U.S. and Canada should implement such as strategy and how it would make North America more secure.
This is from a 2 September 2014 article by GSN Magazine and is available at:
From now on, German companies can export paperless via Rotterdam. After submitting an export declaration to the German Customs, it is no longer necessary for the carrier to take any paper documents with them. The only thing an exporter still has to do is to provide prenotification to Portbase, the Port Community System of the Dutch ports. That has been agreed between the German and Dutch Customs.
Banning paper for exports from Germany dovetails perfectly with the opening, this autumn, of two new container terminals on Maasvlakte 2: Rotterdam World Gateway (RWG) and APM Terminals Maasvlakte II (APM Terminals MVII). For both, it is compulsory to provide electronic prenotification for Customs documents, cargo and modes of transport via Portbase. Only then is it possible to deliver or collect containers. Neither RWG nor APM Terminals MVII will be setting up terminal desks any more. That means it is also physically impossible to submit export accompanying documents on paper.
This is excerpted from a 5 September 2014 article by Logistik Express and is available in its entirety at: