Do I need an EORI number?

EORI number

The EORI number is a contractor’s registration and identification number. It is necessary for a bill of entry of both entering and leaving European Union goods. In practice, this means that without an EORI number, you cannot legally import or export products from the Community. To whom EORI applies? Owning an EORI number is required …

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VOCC vs. NVOCC

vocc nvocc

Other terms useful to the ones handling the import of Asian goods, transport, or logistics are VOCC and NVOCC. These two describe the status of maritime carriers. There are some substantial differences between VOCC and NVOCC, which are explained below. VOCC (Vessel Operating Common Carrier) To put it simply, VOCC is a public maritime carrier …

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Shipping from Japan

Shipping from Japan

One of the top export countries in the world is Japan (ranked 5th). It is the 4th largest goods trading partner for the US in 2019. Japan is also the 7th largest partner for the EU exports of goods. It is also Australia’s 3rd largest source of goods imports, including machinery and transport equipment, as …

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The Port of Istanbul

the Port of Istanbul

Sea freight enables transporting large cargo on long distances at a relatively low-cost. There is no sea transport without ports. Tukey alone has almost 200 ports and piers in total. The Port of Haydarpaşa is located in Istanbul, the biggest and the most populous city in Turkey. Being a deep water seaport, the port of …

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International Chamber of Commerce

International Chamber of Commerce

International Chamber of Commerce (ICC) is the world’s largest trade organization. It associates chambers of commerce of individual countries, as well as trading, financial, and transport organizations. More than 45 million companies from over 100 countries are already members of the ICC. It aims to represent the interest of entrepreneurs from all over the world …

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Transport of pharmaceutical products

Transport of pharmaceutical products

Transportation of pharmaceutical products is a much more complicated matter than the transport of products for everyday use. It also entails enormous responsibility. The following article will discuss this issue and the subject of medication transport in the EU. Which legal regulations shape the transport of pharmaceutical products? Each country’s pharmaceutical law describes, among others, …

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Import from India

Import from India

India, called “the world’s largest democracy,” is one of the fastest developing countries globally, experiencing rapid economic development. With its current economic growth, India is believed to be the most populous country in the world with a young population and the third-largest economy in the world by 2030. India is a prospective market; thus, imports …

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Maritime transport

Maritime transport

When we decide to import commodities, we also need to determine how we will import them – by air, rail, or maybe by road? The following article will present the most popular way of transporting products, namely maritime transport. What is maritime transport? Maritime transport (ocean transport) is a term for large loads of cargo …

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Special economic zones of the world

Special economic zones of the world

A number of so-called special economic zones (SEZ) have been established around the globe. Each of them constitutes an administratively separate part of a country, where business can be conducted on preferential terms. We present special economic zones of the world. Special economic zones – origins Special economic zones usually cover the areas of important …

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