Day: March 13, 2023

Chapter 06: Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage
Mar 13

HS Code Chapter 06: Live Trees and Other Plants; Bulbs, Roots and the Like; Cut Flowers and Ornamental Foliage Export Import Worldwide Foreign Trade Laws, Licensing, Customs Clearance, International Logistics and Exim Documentation

HS Code Chapter 06 covers live trees, plants, bulbs, cut flowers, and ornamental foliage. These items are traded extensively worldwide, and it is important for exporters and importers to understand the foreign trade laws, licensing, customs clearance, international logistics, and Exim documentation related to this chapter. Live Trees and Other Plants:Live trees and plants are commonly traded between countries for ornamental, agricultural, and medicinal purposes. Exporters and importers must be aware of the laws and regulations regarding the export and Read Full Details…

Language and Cultural differences
Mar 13

Know how to manage language barriers and cultural differences in international trade?

Managing language barriers and cultural differences is crucial in international trade. A lack of effective communication can lead to misunderstandings, delays, and even lost business. In this article, we’ll discuss some practical ways to manage language barriers and cultural differences in international trade. Learn about the cultureTo effectively communicate with someone from another culture, it’s important to understand their culture. Learn about their customs, values, and beliefs. This will help you avoid misunderstandings and show respect for their culture. Use Read Full Details…

Mar 13

Remove the value cap on exports by courier for an SME trade boom

India has high growth potential at a time when many of its key export markets are facing an economic slowdown. The International Monetary Fund (IMF) has predicted that by 2027, India will be the world’s fourth-largest economy, with a gross domestic product (GDP) of about $5.53 trillion. To reach this target, there is a need to reduce logistics costs and time and achieve exponential growth in both domestic and international trade. Source : livemint.com/ For More Details

Mar 13

Russia, Uzbekistan Bilateral Trade To Reach US$10 Billion in 2023

Russia and Uzbekistan plan to increase bilateral trade to $10 billion this year against US$9.3 billion in 2022, Konstantin Zlygostev, Russia’s Trade Representative in Uzbekistan has stated at the opening of the Made in Russia exposition as part of the international construction exhibition UzBuild-2023 in Tashkent. “The task set by the leaders of the two countries to achieve a trade turnover level of $10 billion, I am sure, it will submit to us already this year.” Zlygostev said, recalling that Read Full Details…

Mar 13

MSC receives largest container ship in the World

GENEVA : Shanghai-based Hudong-Zhonghua Shipbuilding (Group) built and delivered the largest container vessel in the world ‘MSC TESSA’ to Mediterranean Shipping Company (MSC). MSC Tessa has a container capacity of 24,116 TEUs and is the first of four same-size container ships purchased by the largest container line in the world. According to Hudong-Zhonghua, a unit of China State Shipbuilding Corp (CSSC), the vessel is currently the world’s largest boxship in terms of TEU capacity. The mega container vessel measures 399.99 Read Full Details…

Mar 13

Furniture Association Aims Middle East Over EU Export Market

The Indonesian Furniture and Craft Association (HIMKI) chairman, Abdul Sobur, on Sunday revealed that exports to the European Union market had gone down by 0.1 percent in 2022. He said that this is the reason HIMKI members are now eyeing the Middle Eastern market to revive the Indonesian furniture industry. HIMKI estimates that countries in the Middle East will become the largest furniture market in the world, replacing the European Union, effectively deeming it the current emerging market. “The future Read Full Details…

Mar 13

Milestone in India and Australia reach Critical Minerals Investment Partnership

NEW DELHI : India and Australia have reached a major milestone in working towards investment in critical minerals projects to develop supply chains between the two countries. The Union Minister for Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi, and Minister for Resources and Northern Australia Madeleine King held bilateral talks on Friday and announced the Partnership has identified five target projects (two lithium and three cobalt) on which to undertake detailed due diligence. Ministers from the two countries have Read Full Details…