Increase in trade and digitization of customs procedures

Increasing trade and digitalization of customs procedures between Croatia and China to facilitate the flow of goods and investments in infrastructure

The meeting in Zagreb between the Customs Administration of Croatia and the General Administration of Customs of China brings important changes in the digitalization of customs procedures. The aim is to facilitate trade, speed up administrative processes and improve economic links with a focus on infrastructure and logistics investments.

Increasing trade and digitalization of customs procedures between Croatia and China to facilitate the flow of goods and investments in infrastructure
Photo by: carina.gov.hr/ carina.gov.hr

In Zagreb, on September 10, 2024, an important bilateral meeting was held between the Customs Administration of the Ministry of Finance of the Republic of Croatia and the General Administration of Customs of the People's Republic of China. This meeting was aimed at improving customs procedures and increasing efficiency in trade exchange between Croatia and China. The meeting was led by the Vice Minister of Customs of China, Sun Yuning, while the Croatian delegation was represented by the Deputy Director of the Customs Administration, Željko Franjić. The event was also attended by the Chinese ambassador to Croatia, Qi Qianjin, which further emphasizes the importance of cooperation between the two countries.


The discussions were focused on finding ways to simplify customs procedures, particularly in the context of digitalization and speeding up document processing. One of the key objectives of the meeting was to establish a more effective system for exchanging information between the two customs administrations, in line with the 2004 cooperation agreement signed by the European Community and China. Based on this agreement, both parties aim to enhance the security of trade exchange, with an emphasis on cooperation in administrative document checks, which is of great importance for both countries.


This meeting comes at a time when bilateral relations between Croatia and China are at a historically significant crossroads. Namely, Croatia is increasingly positioning itself as a key entry point for Chinese products into the European Union market, thanks to its geostrategic location and developed transport infrastructure, including ports such as Rijeka and Ploče. The Port of Rijeka, in particular, is one of the main distribution centers for Chinese goods, making this meeting highly significant for the future development of trade exchange between China and Croatia.


Special focus was placed on increasing transparency in customs procedures, which is important to enable faster and more secure flow of goods between the two countries. Additionally, discussions were held on the opportunities brought by the digitalization of customs systems, which would further facilitate trade processes. The digital transformation of customs procedures should enable a reduction in administrative costs and speed up the flow of goods, which is a crucial step in modernizing trade exchange between China and Croatia.


Chinese companies are also increasingly recognizing Croatia's potential as a strategic entry point to the EU market. Besides trade exchange, the importance of investing in infrastructure was emphasized, including projects for modernizing railway connections. This cooperation has the potential to further stimulate Croatia's economic growth by strengthening logistics capacities and connecting with key European markets. The meeting between the two customs administrations can be seen as an important step towards further integration into global trade flows, with results expected to be visible in the near future.


Despite current global geopolitical challenges, Croatia and China continue to work on strengthening their mutual relations, including cooperation in the areas of trade and infrastructure. Croatia, as part of the European Union, provides Chinese companies with access to a market of over 500 million consumers, and cooperation within the Belt and Road Initiative further strengthens the economic connectivity between the two countries. The meeting in Zagreb was therefore an opportunity to continue and deepen this important cooperation within the framework of customs procedures, which will undoubtedly contribute to further strengthening trade and economic ties between Croatia and China.

ENCUENTRE ALOJAMIENTO CERCA

Hora de creación: 11 septiembre, 2024

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