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| |  March 07, 2004
By Leon Turetsky
Time and resources spent compliance with import and export procedures are direct, but unavoidable expenses. However, creating efficient supply chains with faster cargo releases, proper duty payments, drawbacks, duty deferrals, fewer cargo examinations and compliance litigations leads to a significant reduction of logistics expenses and increased revenues. Import and export procedures pose significant non-tariff barriers to trade. As estimated by United Nations Conference on Trade and Development (UNCTAD) ... | | Read full story | |
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