News Center

Official emergency notice: High vigilance against maritime fraud by non-ship carriers abroad.


The China Association of Foreign Trade and Economic Cooperation Enterprises issued a notice stating that according to the existing Maritime Law, the bill of lading of the shipping company that can be used as the document of real right cannot be guaranteed to be first issued to the seller, especially the FOB exporter, which makes FOB exporters (about 85% of China's exports are currently FOB terms) lose their control over the goods from the very beginning, potentially causing huge risks of empty goods and money.


At present, the issuance and circulation procedures of bills of lading have completely subverted the traditional security practices. Exporters, especially FOB exporters, face a significant risk of offshore NVOCCs colluding with buyers to commit maritime fraud.


In view of the extreme chaos in China's international shipping market, loopholes in laws and regulations, and lack of management, FOB export enterprises can only be highly vigilant and must pay attention to the following points:


1. shipping company bill of lading (masterbill) is a document of property rights for the delivery of goods, only the first time to master it can be based on the bank to receive the purchase price.


2. the freight forwarding or non-ship carrier bill of lading (housebillorNVOCCbill) is not a document of property rights, to the shipping company can not pick up the goods, there is no certainty that the payment can be entrusted. If only the freight forwarder/NVOCC-NVOCC bill of lading is held, the foreign freight forwarder and the buyer may overhead the FOB exporter and conspire to release the goods without a single, resulting in the goods being taken away, the bill of lading is not redeemed, and the payment is not received.


When the 3. signs an FOB export contract, it is important to specify in the contract that the buyer is responsible for the designated shipping company (liner company) or freight forwarder booking and paying the freight, and that the seller is responsible for delivering the goods to the shipping company and obtaining the shipping company's bill of lading through the bank to collect the goods and transfer them to the buyer at the port of destination.


4., if the buyer requests a freight forwarding/NVOCC bill of lading in the letter of credit, it will refuse to accept it and change it to the shipping company bill of lading. (Unless the forwarder/NVOCC is world famous)


Five, keep in mind: payment order, payment redemption order is the basic principle, the seller first obtain the shipping company bill of lading through the bank to collect the payment and then transferred to the buyer to the port of destination to pick up the goods is an international practice, but also the basic rules of the International Chamber of Commerce, but also the seller's basic rights, do not give up their own rights!


United States


Tax increases can be refunded! The United States announced the third batch of tariff increases to exclude products





On April 15, the Office of the United States Trade Representative made a decision to approve 348 applications for exemption of products in the previous US $34 billion tax increase on China. The exclusion involves 21 specific products under 15 10-digit U.S. tax codes, including pumps, water oxidants and chlorinators, ratchet winches, conveyors, sharpener parts, brass or bronze pressure regulators, aluminum pipe supports, push rods and C- shaped steel.


This is the third batch of tariffs announced by the United States to exclude products. This time, together with the products excluded from the previous two times, the tariffs imposed since July 6, 2018 can be returned.


On December 28, 2018, the application for exclusion of 984 items imported from China from the US $34 billion additional list was approved.


On March 20, 2019, 87 product exclusion applications were approved for the list of 34 billion subject to U.S. 301 tax on China.


On April 15, 2019, 348 applications for exemption of products from the previous US 34 billion tax increase on China were approved.


Iran


US sanctions escalation





The US White House stated on April 22 that the US government will no longer grant sanctions exemptions for some countries and regions to import Iranian oil, in order to completely ban Iranian oil exports. US media analysis said that this means that the United States will impose sanctions on countries that continue to buy oil from Iran after May 2.


Chinese Foreign Ministry spokesman Geng Shuang said at a regular press conference on the 22nd that China has always opposed unilateral sanctions and the so-called "long arm jurisdiction" imposed by the United States ". China's cooperation with Iran is open, transparent, reasonable and legal, and should be respected. The Chinese government is committed to safeguarding the legitimate rights and interests of domestic enterprises and is willing to play an active and constructive role in promoting the stability of the international energy market.


Japan


"Ten consecutive breaks" a large number of routes will be suspended to jump port





Japan will hold a grand ceremony for the abdication of the old emperor and the appointment of the new emperor on April 30 and may 1, plus the traditional "golden week" holiday in Japan at the end of April and the beginning of may. this holiday will last for a total of 10 days, which will affect a large number of routes, suspend flights or cancel the call of some ports in Japan.


For those who have recently shipped to Japan, please confirm the arrival time with the freight forwarder and the buyer and arrange the shipping plan reasonably.


Kuwait


The Arabic part of the white certificate of origin certification needs to be filled in.





The Kuwaiti Embassy in China recently notified that from now on, blue certificates of origin, white certificates of origin, and invoices can be submitted separately and applied for certification without supporting submission. If the white certificate of origin is submitted for certification, the Arabic part also needs to be filled in. If it is not filled in, it will be deemed that the embassy is required to provide translation services and a translation labor fee of 100 yuan/copy is required.


Belarus


Wireless communication products into the Belarus specification





Belarus (RepublicofBelarus) wireless communication verification (hereinafter referred to as TPBY verification) has been mandatory since January 1, 2019. The following are the points to be paid attention to when wireless communication products enter the Belarusian market:


1. Verification regulations: TR2018/024.


2. Scope of jurisdiction: TR2018/024/BY applies to all wireless communication products (including modules) exported to Belarus and sold on the market. For specific product lists, please refer to Annex1 and Annex2.


3. Verification form: samples can only be sent to the local authorized laboratory for testing and certification.


4. Verification method: the whole machine or module verification is acceptable.


5. Certificate type: There are different applicable types of certificates (Certification or Declaration) depending on the identity of the licensee, such as the manufacturer or local agent.


6. Certificate holder: divided into two types, manufacturer's certificate (Certification)& local agent's certificate (Declaration).


7. Label requirements: It is recommended to play on the product body, but under special circumstances, it can also be played on the product packaging or product manual.


8. Effective date of TPBY verification: January 1, 2019.


9.TPBY test sample requirements: 1 prototype.


10. Verification cycle: 4-5 weeks after the local laboratory receives the prototype.


11. Certificate validity: 5 years.


12.TPBY verification flag.


Special reminder


Products that are not in the mandatory range, such as SRD (short distance transmission equipment) products whose operating frequency is not within 25MHz-30GHz, do not need to apply.


During the validity period of the certificate, the Belarusian government unit will have 2 compulsory supervision (mandatorysurveillance), in the form of factory inspection or sample testing.


anti-dumping


U.S. to wooden cabinets and bathroom cabinets to make double anti-industrial damage preliminary cut.





On April 19, the U.S. International Trade Commission (USITC) voted to make an affirmative preliminary ruling on anti-dumping and countervailing industry damage to wooden cabinets and bathroom cabinets imported from China. The U.S. Department of Commerce is expected to make a preliminary countervailing ruling before May 30., Make a preliminary anti-dumping ruling before August 13. This case involves products under US harmonized tariff numbers 9403.40.9060 and 9403.60.8081 and some products under tariff number 9403.90.7080.


Made in China


Nine Chinese Enterprises Enter Top 50 Global Construction Machinery Manufacturers List





The world-renowned construction machinery information provider KHL UK released the 2019 Global Construction Machinery Manufacturers Ranking (YellowTable2019) on April 9. According to the list, China has 9 companies on the list, the same number as in 2018. Most of the nine Chinese companies on the list achieved substantial growth in global sales in 2018, reflecting that my country's construction machinery industry is accelerating to catch up with the world's advanced level.


Among them, Xugong Group ranked first and sixth among Chinese companies with a market share of US $8.898 billion and 4.8, the same as the previous year; Sany Heavy Industry is another Chinese company in the top ten, climbing one from the previous year. Ranked seventh. Five other Chinese enterprises that entered the top 50 rose in the ranking, one was flat and one fell. The seven enterprises are: Zoomlion (13th, flat year on year), Liugong Group (21st, up 4 places), Longgong Group (24th, up 6 places), Shantui Group (31st, up 2 places), Shanhe Intelligence (34th place, up 6 places), Futian Leiwo Heavy Industries (41st, up 4 places), Xiamen Industrial (46th, down 7 places).


The top three in the world for construction machinery on the list are: Caterpillar of the United States ($23.23 billion, 12.6 percent), Komatsu of Japan ($22.01 billion, 11.9 percent) and Deere of the United States ($10.16 billion, 5.5 percent).


Clearance


China and 36 countries and regions to achieve mutual recognition of customs AEO





By the end of April, China Customs had signed AEO mutual recognition arrangements with 36 countries and regions in 9 economies, including the European Union, Singapore, South Korea, Switzerland, New Zealand, Japan, Israel and Australia, including 14 countries along the "Belt and Road Initiative" route, to achieve smooth trade.


During the upcoming second "Belt and Road" International Cooperation Summit Forum, China Customs will sign the bilateral "AEO Mutual Recognition Arrangement" with Belarus, Kazakhstan, and Uruguay, which has newly joined the "Belt and Road" initiative, and sign the "Sino-Russian Customs AEO Mutual Recognition Action Plan. In addition, the General Administration of Customs has basically completed mutual recognition consultations with the customs of Mongolia, Malaysia, the United Arab Emirates and other countries, and is expected to achieve mutual recognition within this year. In addition, the General Administration of Customs is actively promoting AEO mutual recognition negotiations with the customs of more than 10 countries along the "the belt and road initiative" such as Iran and Thailand, and strives to complete AEO mutual recognition negotiations with all countries along the "the belt and road initiative" that have implemented the AEO system and are willing to cooperate by the end of 2020.


AEO is the abbreviation of "certified operator" in English. The AEO system is an important system advocated by the World Customs Organization to achieve the goals of the Global Trade Security and Facilitation Standards Framework and to build a partnership between customs and business. Customs through the development of AEO mutual recognition cooperation, mutual recognition of the other country (region) of the AEO enterprise qualification, and provide customs clearance facilitation measures. For example, we can directly enjoy the differential and convenient supervision measures based on credit management, such as applying lower inspection rate, giving priority to customs business, setting up liaison officers, and giving priority to customs clearance in extraordinary periods, so as to greatly reduce the customs clearance time of enterprises, minimize the trade cost of import and export enterprises, enhance the market competitiveness of enterprises, and help more enterprises "go out".