Telex release bill of lading means that in international trade, the bank releases the goods to the buyer and seller electronically, replacing the traditional paper bill of lading. This method can complete the release of goods more quickly and efficiently, and at the same time reduce the use of paper documents in logistics and trade, improving safety and convenience.
EAC certification refers to product certification conducted by member states of the Customs Union, including Russia, Belarus, and Kazakhstan. The certification mark features the letters EAC, hence it is also known as EAC certification. As the three Customs Union countries are abbreviated as CU-TR, it is also referred to as CU-TR certification.
If a company wants to export electronic and electrical products to Russia, it must understand and comply with the relevant access certifications and standards. This not only ensures the legal sale of products in the local market but also lays a solid foundation for the companys success in the Russian market.
GOST-R certification refers to the Russian Federations mandatory certification system authorized by the Russian government. It applies to all products and services sold in the Russian market, covering various fields such as industry, technology, agriculture, healthcare, environmental protection, and information technology.
For export agency companies, providing accurate and complete documentation is crucial, as documentation accuracy and completeness directly affect whether goods can be smoothly exported and whether additional costs or delays will occur during the process. Below are key documents export agencies need to provide and suggestions for ensuring documentation accuracy and completeness.
In a letter of credit transaction, a letter of credit is a bank guarantee, usually issued by the buyers bank, guaranteeing that the buyer will pay the purchase price to the seller in accordance with the contract. The following are the clauses and requirements of a letter of credit:
In international trade, the transportation of goods involves many documents and procedures, one of which is the Destination Release Order. However, this term may be unfamiliar to many. Below, we will explain in detail what a Destination Release Order is and its role in international trade.
PSB certification is a mandatory safety certification in Singapore. It requires that listed electrical products must be PSB - certified before they can be sold in Singapore.
Import inspection is a prerequisite for cargo customs clearance. Currently, import inspection consists of three main parts: 1. Declaration; 2. Sampling; 3. Inspection.
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