The Madras High Court has held that an importer cannot escape penal consequences for misdeclaration merely by opting to re-export the goods and clarified that penalties, confiscation, duty demand, and...Read More
The Kenya Sugar Board (KSB) has pushed back against concerns that imported industrial sugar is being diverted into the local retail market, insisting that all such consignments are raw materials...Read More
A man can be seen off-loading sugar backs from a truck. —AFP/File LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has said that the export of surplus sugar will...Read More
The United States has intensified its enforcement against Iran’s oil trade by sanctioning Qingdao Haiye Oil Terminal Co., Ltd., a Chinese crude oil terminal operator. The company’s involvement in importing...Read More
Venezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States, India and...Read More