South Korea amps up free trade ambitions

The following is excerpted from the 25 November 2013 edition of Business Vancouver.

But Canada continues to lag behind other countries in negotiating a trade deal with the Asian industrial technology dynamo

There’s no better place to get a glimpse of the speed at which the South Korean economy is changing than a visit to Dongdaemun, a glitzy fashion district in Seoul where the country’s top designers showcase their latest clothing lines.

New Customs System to Reduce Costs for Indian Exports

The following is excerpted from a 14 November 2013 article by India Briefing.

Indian  Finance Minister Shri P. Chidambaram today announced the implementation of an IT-based Risk Management System (RMS) for exported customs goods. The RMS is designed to greatly speed up the clearance process for the export of goods and reduce the related transaction costs.

In explaining why the new RMS had to be implemented for the export process, Mr. Chidambaram stated that “the underlying principle is trade facilitation.”

Regional Seminar on the Role of Customs in Natural Disaster Relief held in the CIS Sub-Region

The following is excerpted from a 13 November 2013 news item by the World Customs Organization.

On 29 and 30 October 2013, the World Customs Organization (WCO), the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) and the International Federation of Red Cross and Red Crescent Societies (IFRC) held a joint Regional Seminar on the Role of Customs in Natural Disaster Relief in Astana, Kazakhstan.

New customs rules introduced at border with Russia

The following is excerpted from a 12 November 2013 article by Black Sea Grain.

Russian Customs introduced new rules for the passage of goods across the border with Ukraine, the press service of the Ukrainian State Border Service informs.

"Since November 12, the customs authorities of Russia have begun the implementation of measures to ensure compliance with the transit of goods imported into the customs territory of the Customs Union," the service reports.