Every country has its ways of conducting business. Formalities typical in your motherland can be considered rude in another, so make sure to educate yourself on the expected business etiquette before meeting with your foreign partners. In India, English is the language used when doing business, but the culture is entirely different from Western countries. …
Commodities in circulation are identified across different systems. A tariff nomenclature provides codes for products that have to be classified for import or export purposes. The importer must pay all duties arising from the import process. What is the customs code in the tariff nomenclature? What is the customs code? The customs code is a …
The year 2021 is expected to bring importers considerable problems with the transport of goods imported from China. In the era of rapid transportation changes, it is worth knowing what to expect and what circumstances one should be prepared for. We present the forecasts for importers of Chinese products for 2021 and propose how to …
Transport is a key driver of economic development. It is said that transport services are fundamental in times of increasing globalization. Thanks to the means of transportation, goods can be exchanged between countries, creating business opportunities. 2020 was a challenging year for this industry – especially at the end of the year, significant difficulties in …
Every country has its traditions, which should always be taken into account when making business deals. A regular day in one country can be a national holiday in another. In the US, ten days of the year are considered federal holidays, meaning all non-essential government offices and banks, as well as the stock market, are …
The “new normal” has also impacted transportation. At the end of 2020, freight rates skyrocketed, which has never happened before to such an extent. What caused the unprecedented increase in freight rates? Reasons for the increase in freight rates: how has it changed? Previously, the cost of shipping a 40-foot-long container by rail from China …
Every importer planning to establish cooperation with a German business partner should first get acquainted with Germany’s public holidays’ calendar. Holidays often cause difficulties in communication with partners and frequent delays in the delivery of goods. Some of them do not have fixed dates and are celebrated at a different time every year. Therefore, it …
The United States is one of the main European Union’s trading partners. From the USA, mainly cars, industrial machinery, fuels, optical and medical devices, and pharmaceutical products are shipped. Goods from the USA can be imported both by air and sea. The choice depends primarily on the price and transit time. Besides, the factory or …
In Turkey, there are 14.5 days of public holidays. It is said to be one of the highest numbers worldwide. Whether you plan to go to Turkey as a tourist or a businessperson, check holidays in Turkey of 2021. If you happen to be in Turkey during the public holidays, you may face some difficulties. …
Many types of documents are used in international transport. One of them is a TIR carnet – an international customs document used when moving goods between at least two customs territories. TIR carnet Usually, under the TIR procedure, the goods are sealed by the customs authorities where the load or a part load of goods …