Optimization of transportation and tax refund strategies for exports to Russia under Sino-Russian trade
February 20, 2024
With the deepening of Chinas economic cooperation with Russia, China-Russia trade volume continues to climb, providing space for domestic enterprises to thrive. Car seating pads are an important part of the automotive accessories industry, and its export demand is growing. Faced with the difficulty of collecting foreign currencies and the slow rate of tax refunds, enterprises urgently need to find effective export agent partners and optimize transport and tax refunds.
Global sanctions on Russia: How can Chinese companies find opportunities in the new market environment?
2 June 2023
At the recent G7 summit in Hiroshima, Japan, leaders announced new economic sanctions against Russia, targeting mainly its military-industrial potential and exports of important goods, while targeting individuals and entities accused of providing Russia with front-line transportation goods.
Which banks are at risk of receiving foreign exchange for export to Russia?
25 April 2023
At present, several Russian and Belarusian banks and their subsidiaries have been excluded from the SWIFT system, and several Russian banks have also been included in the Special Designated National List (SDN List) and the European Unions Comprehensive Financial Sanctions List.
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