The UK government has been working to make business easier across borders and make trade processes more efficient. One of these projects is the Single Trade Window (STW), a digital platform that makes it easier for businesses that trade internationally to do business. This article will discuss the policy discussion paper on the… Continue reading UK Single Trade Window: Opportunities for Businesses & iCustoms Role
The customs industry plays a crucial role in international trade, facilitating the movement of goods across borders and ensuring compliance with various legal and regulatory requirements. As part of this process, customs officials are responsible for reviewing and verifying a vast amount of documents related to import and export activities. It is important for… Continue reading Five Easy Steps for Improving Customs Document Management to increase efficient and minimize risk
After nearly two years of negotiations, Britain has joined the 11-member strong Asia-Pacific trade bloc that includes Japan and Australia. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) presents a significant opportunity to expand its trading relationships beyond the European Union (EU) and drive economic growth. The CPTPP is a free trade agreement between… Continue reading Unlocking New Opportunities: How UK’s CPTPP Membership and Technology Will Reshape International Trade
iCustoms, a global customs solutions provider, announces its entry into the Northern Irish market by opening a new office in Belfast, this week. iCustoms is a UK-based company that provides a wide range of customs-related services, including customs consultancy, training, and software solutions. The company has now opened for business in Northern Ireland, offering their… Continue reading ICustoms Opens For Business In Northern Ireland
During the past three months, the world has witnessed the revolutions of generative AI and ChatGPT. It demonstrated how businesses would create value for their customers. As trade rules become more complex and businesses have to deal with increasing amounts of data, generative AI will become a crucial tool for companies that must comply with… Continue reading The future of trade compliance: How Generative AI is transforming the way we do business globally
While importing or exporting goods like tobacco, alcohol, narcotics etc. you must abide by several checks to do trade. Previously, it was very difficult for businesses to do the excise trade. EU has introduced a new system named Excise Management Control System (EMCS). This system has created a pace to manage the trade of such… Continue reading Navigating Excise Regulations With EMCS Technology
The Windsor Framework, which is a set of new arrangements proposed by the UK government to replace the Northern Ireland Protocol, has significant implications for customs in Northern Ireland. The Protocol, which was agreed as part of the UK’s withdrawal agreement from the EU, introduced customs checks and controls on goods moving between Great Britain… Continue reading Windsor Framework impact on Customs: The devil is in the details
Customs software solutions refer to a type of software that is specifically designed to help businesses and organizations manage their customs processes. These solutions typically include tools for tracking and managing customs documents, calculating duties and taxes, and facilitating communication with customs authorities. Customs software solutions can help businesses ensure compliance with customs regulations and… Continue reading 10 Ways Customs Software Solutions Can Help UK Businesses
Customs software solution is a specialised computer program and system that is designed to support and automate various customs-related processes, such as the processing of customs declarations, the calculation of duties and taxes, and the management of trade data. It can be used by customs agencies, businesses, and other organisations that are involved in international trade.… Continue reading 5 Important Elements Of Customs Software Solution
An import control system is a set of policies, procedures, and regulations that a government or other organisation uses to regulate the import of goods into a country or region. The purpose of an import control system is to protect domestic industries, ensure the safety and quality of imported goods, and comply with international trade… Continue reading Are you ready for Import Control System Release 2?
