The Banco de Chile signed a three-year 100-million-U.S.-dollar loan on Thursday with the China Development Bank (CDB), the Chilean bank said. The loan is part of a free trade agreement signed by Chile and China in April during an official visit by Chilean President Michelle Bachelet to China. The Banco de Chile, one of the most prestigious banks in ...
The U.S. Commerce Department's Bureau of Industry and Security announced Aug. 14 that Reson A/S (RAS) of Slangerup, Denmark, has agreed to pay a $119,250 civil penalty to settle allegations that it committed 29 violations of the Export Administration Regulations. In addition, BIS said separate civil penalties were settled with RAS's subsidiaries...
Ongoing federal efforts to increase enforcement of export laws and regulations would get a boost from legislation introduced Aug. 1 by Rep. Brad Sherman, D-Calif., the trade law firm Sandler, Travis and Rosenberg said in an e-mail Friday. The Export Control Improvements Act (H.R. 6828) proposes to make significant changes to the U.S. export environmen...
Japan is the next country in line to collaborate with U.S. Customs on a cross-border supply chain security initiative intended to facilitate the movement of shipments from low-risk companies. The agency has completed a side-by-side documentary comparison of the Customs-Trade Partnership Against Terrorism and a similar trusted shipper program in Japan ...
The volume of Vietnam's coal exported to China this year is estimated to drop by some one-third because a port in Vietnam's biggest coal hub has been damaged by a recent storm, local newspaper Pioneer reported Friday. The volume is likely to decline by eight million tons, because three out of four cargo-loading facilities at the Cam Pha port in northe...
The growth of China exports to the United States, the country's second biggest trading partner, slowed in the first half, the General Administration of Customs said on its website on Thursday. China exports stateside in the first six months totaled 116.79 billion U.S. dollars, up 8.9 percent from the same period last year. The growth rate was 9 percen...
Passengers can get free meals and accommodation and transfers if their flights are delayed during the Olympics and Paralympics, according to Thursday's Beijing Times. The special measures were adopted by the Civil Aviation Administration of China (CAAC) on Wednesday after recent thunderstorms delayed a number of flights and left passengers stranded at ...
Brazil's retail sales registered a record growth of 10.6 percent in the first half of 2008, according to a study released on Thursday by the Brazilian Institute of Geography and Statistics (BIGS). The study showed all sectors had an increase in retail sales in the first half of 2008. The communication equipments and office supplies sector had the high...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi