Interpretation of the announcement of the General Administration of Customs on the trigger level and quantity of two types of agricultural products imported from Australia in 2022

According to the free trade agreement between the government of the people's Republic of China and the government of Australia (hereinafter referred to as the agreement), China implements special safeguard measures for the import of two types of agricultural products with a total of 8 Tax numbers originating in Australia (hereinafter referred to as two types of agricultural products)

Announcement No. 16 of 2022 of the General Administration of Customs (announcement on the implementation of the mutual recognition of "certified operators" (AEO) between China and UAE customs)

In July 2019, the customs of China and the United Arab Emirates officially signed the arrangement between the General Administration of Customs of the people's Republic of China and the Federal Customs Administration of the United Arab Emirates on mutual recognition of China's Customs enterprise credit management system and the "certified operator" system of the United Arab Emirates customs (hereinafter referred to as the "mutual recognition arrangement"), and decided to officially implement it from February 14, 2022.

What development dividends will RCEP officially take effect in South Korea?

Since February 1 local time, the regional comprehensive economic partnership agreement (RCEP) has officially entered into force for South Korea. South Korean public opinion generally pointed out that the formal entry into force of RCEP will play a positive role in opening South Korea's export market and reducing transaction costs, promote the negotiation of South Korea China Japan free trade agreement, and further strengthen regional economic and trade cooperation and development.

Since March, Egyptian importers need to use letter of credit for import

According to Egypt's "enterprise" reported on February 16, the Central Bank of Egypt (CBE) decided that from March, Egyptian importers can only use letters of credit to import goods

China has become Brazil's largest trading partner for the 13th consecutive year

On January 3, the latest annual statistics released by the Ministry of economy of Brazil showed that the total foreign trade of Brazil in 2021 reached 499.8 billion US dollars, of which the total import and export were 219.39 billion US dollars and 280.39 billion US dollars respectively, an increase of 38.2% and 34% respectively compared with the same period last year, realizing a trade surplus of 61.008 billion US dollars, a record high.

The deterioration of the situation in Ukraine will boost food prices

Ukraine has always been known as the "granary of Europe". Industry insiders believe that the deterioration of the situation in Ukraine interferes with the food supply chain and will boost food prices.