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Risk Management of Border Import Business: Case of Timber Trade with Russia | Shanghai Import/Export Agent
Category: Trade EssentialsDate: November 8, 2024, 11: 17Source: Released by the Customs
Home»Trade Essentials» Risk Management of Border Import Business: Case of Timber Trade with Russia | Shanghai Import/Export Agent
With the continuous deepening of trade and economic cooperation between China and Russia, how to facilitate the rapid clearance of goods while ensuring safety and efficiency has become a key concern for many enterprises. So, is there a way to establish a "fast track" in trade between China and Russia, reducing customs clearance time and lowering operational costs? The answer lies in the China-Russia Customs "Green Channel" cooperation project.
This article will provide a detailed introduction to the requirements, application process, and benefits for enterprises under the China-Russia Customs "Green Channel" cooperation project, aiming to assist interested companies in better understanding and participating in this initiative.
I. Introduction to the "Green Channel" Cooperation Project
Project Background The China-Russia Customs "Green Channel" is an important cooperative project supported by the high-level governments of both countries, aimed at simplifying trade procedures between China and Russia, reducing customs clearance time, and enhancing trade facilitation.
Project Features This project allows trusted enterprises from both sides to participate on a voluntary basis. Through information exchange between customs, they can enjoy customs clearance facilitation measures.
Applicable Ports At present, the main ports covered by the project include Manzhouli - Zabaikalsk, etc., covering two important transportation modes: land and railway.
II. Customs Clearance Facilitation Measures
Simplified Regulatory Measures Goods participating in the "Green Channel" will enjoy the maximum customs clearance convenience, including simplified procedures and reduced inspection frequency, significantly shortening the clearance time for goods.
Risk Control and Inspection Unless unforeseen circumstances arise or risk analysis deems it necessary, the frequency of inspections on goods from enterprises participating in the "Green Channel" will be minimized as much as possible.
III. Enterprise Application Channels
Written Application Enterprises interested in participating need to submit a written application to the local customs, together with relevant certification materials such as enterprise qualifications.
Customs Review The local direct - affiliated customs will review the enterprise qualifications and report to the General Administration of Customs for final approval.
Information of Partner Enterprises When applying, enterprises also need to clarify the basic information of Russian partner enterprises and the voluntary participation statements of both parties.
IV. Enterprise Application Standards
AEO enterprise priority On a voluntary basis, enterprises with Authorized Economic Operator (AEO) certification can directly apply to join the "Green Channel."
Non-AEO enterprise conditions Non - AEO enterprises need to meet certain conditions, including Sino - Russian trade experience, compliance records, financial health, etc.
V. Declaration Form Filling Specifications
1.Export Clearance In the remarks column of the export customs declaration, enterprises participating in the "Green Channel" are required to fill in specific information in the prescribed format.
2.Import Customs Declaration Upon import, it is also necessary to fill in the specified information in the remarks column of the customs declaration form to ensure eligibility for the "green channel" clearance convenience.
By participating in the China-Russia Customs "Green Channel" cooperation program, enterprises can not only enjoy more convenient customs clearance procedures and reduce operational costs, but also play a more active role in promoting trade development between China and Russia. For enterprises interested in expanding trade between the two countries, understanding and participating in the "Green Channel" program is undoubtedly a worthwhile option to consider. It is hoped that the introduction in this article can provide valuable reference and assistance to enterprises.
The above content is sourced from the customs release.ZhongShen International TradeAs a one - stop importExport Representationservice provider, it can provide customizedimport and exportSolution. If you needforeign tradeFor import and export agency services, please feel free to contact our company for business inquiries. The consultation hotline is 139 - 1787 - 2118.