#shipping from china to nigeria

[aquantuo]

Comprehensive Guide to Shipping from China to Nigeria: Methods, Costs, and Best Practices

Shipping goods from China to Nigeria has become a significant part of global trade, driven by Nigeria’s growing demand for various products ranging from electronics to fashion items. If you're planning to import goods from China to Nigeria, understanding the shipping process, costs, and best practices is essential. In this guide, we'll explore key aspects of shipping from China to Nigeria, drawing insights from reliable sources like Aquantuo.

Why Ship from China to Nigeria?

China is the world's manufacturing hub, offering a wide variety of products at competitive prices. Nigerian businesses and individuals often turn to China to source electronics, machinery, textiles, and other goods due to the favorable cost and extensive options available. However, shipping goods from China to Nigeria requires careful planning to ensure efficiency, cost-effectiveness, and timely delivery.

Shipping Methods

When shipping from China to Nigeria, you have several options depending on your budget, timeline, and the nature of the goods:

Air Freight: This is the fastest method, typically taking 5 to 7 days. Air freight is ideal for urgent shipments and high-value goods. However, it's also the most expensive option, suitable for small to medium-sized shipments.

Sea Freight: If you're looking for a more economical option and can afford longer delivery times, sea freight is the way to go. Shipping by sea can take between 4 to 6 weeks, making it a better choice for bulk shipments or large items. The cost per kilogram is significantly lower compared to air freight.

Express Shipping: Companies like DHL, FedEx, and UPS offer express shipping services that balance speed and cost. Express shipping typically takes 3 to 5 days, making it faster than standard air freight but more expensive than sea freight.

Shipping Costs

The cost of shipping from China to Nigeria depends on several factors, including:

Shipping Method: As mentioned, air freight is more expensive than sea freight, but it's faster. The choice between these two depends on your priorities—cost vs. speed.

Weight and Volume: The heavier and bulkier your shipment, the more it will cost. Shipping companies calculate charges based on the greater of the actual weight or the volumetric weight.

Destination: Shipping costs also vary depending on the final destination in Nigeria. Major cities like Lagos may have lower shipping costs due to better infrastructure and accessibility.

Customs Duties and Taxes: In addition to shipping costs, you need to factor in customs duties and taxes imposed by the Nigerian government. These can significantly impact the overall cost of your imports.

Customs Clearance

Navigating customs clearance is one of the most crucial aspects of shipping from China to Nigeria. It involves submitting the necessary documentation, paying duties and taxes, and ensuring compliance with Nigerian import regulations. Partnering with a reliable shipping company that offers customs clearance services can simplify this process and reduce the risk of delays or additional costs.

Choosing the Right Shipping Partner

Selecting a trustworthy shipping partner is key to a smooth and hassle-free shipping experience. A good shipping company will offer comprehensive services, including:

Customs Clearance: Handling the necessary paperwork and ensuring your goods comply with Nigerian regulations.

Tracking Services: Providing real-time updates on the status of your shipment.

Insurance: Offering insurance options to protect your goods in case of damage or loss during transit.

Customer Support: Available to assist with any queries or issues that arise during the shipping process.

Aquantuo is one such company that provides a range of services tailored to shipping from China to Nigeria. They offer air and sea freight options, along with customs clearance, door-to-door delivery, and tracking services, making the entire process seamless and efficient.

Tips for a Smooth Shipping Process

To ensure a successful shipping experience, consider the following tips:

Plan Ahead: Start the shipping process well in advance, especially if you’re using sea freight. This helps avoid any last-minute rush or delays.

Understand Nigerian Import Regulations: Familiarize yourself with the import duties, taxes, and prohibited items to avoid any legal issues or extra costs.

Package Your Goods Properly: Proper packaging is essential to protect your goods from damage during transit, especially for fragile or high-value items.

Choose the Right Shipping Method: Balance your need for speed with your budget by choosing the shipping method that best fits your situation.

Work with a Reliable Shipping Company: Partnering with a reputable shipping company like Aquantuo ensures that your goods are handled professionally, from pickup to delivery.

Conclusion

Shipping from China to Nigeria can be a straightforward process if you plan carefully and choose the right shipping partner. Whether you’re importing for business or personal use, understanding the various shipping methods, costs, and customs procedures will help you make informed decisions and ensure a smooth transaction.

For more detailed information and assistance with shipping from China to Nigeria, consider reaching out to companies like Aquantuo that specialize in international logistics and offer a range of services to meet your shipping needs.

[zvaigzdelasas]

A cool Atlantic breeze blew across the dusty port in Praia, Cape Verde’s capital, as Mr. Blinken noted that the facility there had been expanded and modernized with nearly $55 million in U.S. aid[...] That project was completed more than a decade ago, but more U.S. development funds were on the way, he said.[...]

After Cape Verde, Mr. Blinken will travel to Ivory Coast, Nigeria and Angola. U.S. officials said he would address a range of issues on his stops, including conflict prevention and political stability after military coups in several countries in recent years.[...]

Mr. Blinken is making his fourth visit to sub-Saharan Africa as secretary of state. A parade of other top administration officials have also visited the continent over the past year, including Vice President Kamala Harris, Defense Secretary Lloyd J. Austin III and the first lady, Jill Biden. But President Biden has yet to follow through on a pledge he made in 2022 to visit the continent, raising doubts about the depth of his commitment — even though Mr. Biden said at a U.S.-Africa leaders summit in Washington in December 2022 that America was “all in” on Africa’s future.[...]

Frustrated by several downbeat questions about security threats and Chinese influence, [Molly Phee, the assistant secretary of state for African affairs,] added, “You guys are bumming me out because you’re not talking about any of the really fun and positive, forward-looking things we’ll be doing.”[...]

One reason [for US interest in Angola] is that the United States is investing $250 million in a rail corridor that would allow the transport of minerals from landlocked areas of Zambia and the Democratic Republic of Congo to Lobito, Angola’s Atlantic port, from which they can be shipped to Europe and the United States. During Mr. Lourenço’s visit, Mr. Biden called the project “the biggest U.S. rail investment in Africa ever.” The corridor helps the United States keep pace with China, which has invested tens of billions of dollars in Angola.

China’s reach extends as far as Cape Verde, where Mr. Blinken’s motorcade drove to a government palace past signage in Chinese reflecting that the compound had been constructed by Beijing.

Oge Onubogu, the director of the Africa program at the Wilson Center in Washington, said that on recent trips to the continent she found confusion about the U.S. agenda there. Africans, she said, clearly understood Russia’s “at times sneaky” security interests, which often take the form of mercenary military partnerships with governments. And China’s economic development projects, she said, created “visible infrastructure that people can actually see and feel.” “But they’re not very clear on what the U.S. is doing,” she said. Biden officials have sought to promote African democracy and condemned military coups in places like Niger and Gabon, she said, while working with authoritarian rulers in other places. “The U.S. talks about democracy strengthening,” Ms. Onubogu added. “But at the same time, we maintain relationships with individuals Africans see as not being democratic leaders. So I think we have a struggle with messaging.” Despite public alarms raised by security analysts, Biden officials bristle at persistent questions about how the United States is countering China’s enormous investments in a continent that increasingly supplies it with oil, minerals and other natural resources. Mr. Blinken will be arriving in Ivory Coast days after a visit by China’s top diplomat, Wang Yi. “It’s you guys [sic], frankly, who frame this as a U.S.-China soccer match,” Ms. Phee told reporters last week. She added: “If China didn’t exist, we would be fully engaged in Africa [sic]. Africa is important for its own sake, and it’s important for American interests.”

22 Jan 24

[spookykoalaphilosopher]

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color, and other specific requirements to ensure your utmost satisfaction with your purchase! You are given a 12-hour window for any cancellations post-purchase. Beyond this period, our production process commences, and it becomes impractical to halt once initiated. Ensure your SPARETIREDEPOT address is accurate and comprehensive. Once the order processing begins, we might not be able to accommodate changes to the shipping address. We appreciate your patronage and invite you to reach out to us if you have any queries! [thien_display_attachment_images] Care instructions: Machine washable. Better wash with cold water. Source: https://sparetiredepot.com/  

[internetcompanynews]

24 hours in pictures, 5 August 2024 - Journal Global Internet - BLOGGER https://www.merchant-business.com/24-hours-in-pictures-5-august-2024/?feed_id=156073&_unique_id=66b123989ce7f Google NewsGoogle News Through the lens: The Citizen’s Picture Editors select the best news photographs from South Africa and around the world.British motorcycle stunt champion Jonny Davies practices for his World Record attempt for the ‘Fastest speed being dragged behind a motorcycle at Elvington Airfield, in Elvington, North Yorkshire, Britain, 05 August 2024. Davies will attempt on 18 August to break the current record of 251.54 km per hour which was set by Gary Rothwell of Liverpool in 1999. Picture: EPA-EFE/ADAM VAUGHANWe bring you a visual snapshot of the day’s news events, including highlights featuring a “Viking Pilgrimage” in the town of Catoira, Spain, Pope Francis presiding over the vespers to mark the anniversary of the Dedication of the Papal Basilica of Saint Mary Major, an exhibition featuring butterflies from different parts of the world in Poland and South Africans competing at the Olympics.Participants stage a Viking invasion during the so-called ‘Romeria Vikinga’ (lit.: Viking Pilgrimage) in the town of Catoira, Pontevedra province, Galicia region, north-western Spain, 04 August 2024. Celebrated since 1961 on the first weekend of August, the festival commemorates the role that the town of Catoira played in defending Galicia against Norman attacks. Picture: EPA-EFE/BRAIS LORENZOPope Francis presides over the vespers to mark the anniversary of the Dedication of the Papal Basilica of Saint Mary Major and the Solemnity of Mary of the Snows, on August 5, 2024 in Rome. (Photo by Alberto PIZZOLI / AFP)South Korean photographers take a pictures as dealers work at the Hana Bank in Seoul, South Korea, 05 August 2024. The benchmark South Korea Composite Stock Price Index (KOSPI) plummeted 234.64 points, or 8.77 percent, to close at 2,441.55. Picture: EPA-EFE/JEON HEON-KYUNMinister of Water and Sanitation Pemmy Majodina briefs media at Birchwood Hotel in Boksburg, 05 August 2024, unpacking the Budget Vote and plans for the department. Picture: Nigel Sibanda/The CitizenButterflies sit on a plate at the Palm House in Lodz, central Poland, 04 August 2024. An exhibition featuring butterflies from different parts of the world and incubators with butterfly cocoons stored in them opened to visitors at the Palm House until the end of August. Picture: EPA-EFE/MARIAN ZUBRZYCKIPhilippine Coast Guard personnel wave flags as the Vietnam Coast Guard CSB-8002 patrol ship makes a port call at the Port of Manila, Philippines, 05 August 2024. Philippine and Vietnam coastguards will conduct joint maritime exercises in the disputed South China sea to foster mutual understanding and enhanced cooperation between the two nations. Picture: EPA-EFE/FRANCIS R. MALASIGNoah Lyles (L) of USA wins ahead of Kishane Thompson (R) of Jamaica in the Men 100m Final of the Athletics competitions in the Paris 2024 Olympic Games, at the Stade de France stadium in Saint Denis, France, 04 August 2024. Picture: EPA-EFE/RONALD WITTEKSouth Africa’s Lythe Pillay crosses the finish line ahead of St Lucia’s Michael Joseph and Nigeria’s Chidi Okezie in the men’s 400m repechage round of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 5, 2024. (Photo by Jewel SAMAD / AFP)Hongchan Quan of China competes during the Women 10M Platform preliminary of the Diving competitions in the Paris 2024 Olympic Games, at the Paris Aquatics Centre in Saint Denis, France, 05 August 2024. Picture: EPA-EFE/MAST IRHAMSouth Africa’s Victor Hogan competes in the men’s discus throw qualification of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 5, 2024. (Photo by Kirill KUDRYAVTSEV / AFP)Francois Prinsloo of South Africa competes in the Men Discus Throw Qualification of the Athletics

competitions in the Paris 2024 Olympic Games, at the Stade de France stadium in Saint Denis, France, 05 August 2024. Picture: EPA-EFE/CHRISTIAN BRUNASouth Africa’s Mel Janse Van Rensburg competes in the men’s sport climbing boulder semi final during the Paris 2024 Olympic Games at Le Bourget Sport Climbing Venue in Le Bourget on August 5, 2024. (Photo by Fabrice COFFRINI / AFP)(From L) Elena Lilik of Germany, Antonie Galuskova of the Czech Republic, Stefanie Horn of Italy and Klaudia Zwolinska of Poland at the start of their heat in the Women Kayak Cross of the Canoeing Slalom competitions in the Paris 2024 Olympic Games at the Vaires-sur-Marne Nautical Stadium, in Vaires-sur-Marne, France, 04 August 2024. Picture: EPA-EFE/MAXIM SHIPENKOVInternally displaced Palestinians walk past a destroyed building as they move in the streets of Khan Younis after a new evacuation order was issued by the Israel Defense Forces (IDF), southern Gaza Strip, 04 August 2024. More than 39,000 Palestinians and over 1,400 Israelis have been killed, according to the Palestinian Health Ministry and the Israel Defense Forces (IDF), since Hamas militants launched an attack against Israel from the Gaza Strip on 07 October 2023, and the Israeli operations in Gaza and the West Bank which followed it. Picture: EPA-EFE/MOHAMMED SABERThis US Border Patrol photo obtained August 5, 2024 shows 25 packages of cocaine (70 lbs.) that Hurricane Debby blew onto a beach in the Florida Keys. Hurricane Debby made landfall on Florida’s Gulf Coast early Monday, knocking power out for hundreds of thousands of people as the US southeast braced for potentially historic levels of rain and major flooding. (Photo by Handout / US Border Patrol / AFP)An anti-government protestor climbs atop a statue of Sheikh Mujibur Rahman, Bangladesh’s founding father and parent of the country’s ousted Prime Minister Sheikh Hasina, in Dhaka on August 5, 2024. Bangladeshi Prime Minister Sheikh Hasina’s 15-year rule ended on August 5, as she fled after more than a month of deadly protests as the military announced it would form an interim government. (Photo by Abu SUFIAN JEWEL / AFP)MORE: 48 hours in pictures, 4 August 2024Google News For more news your wayDownload The Citizen App for IOS and AndroidSource of this programme “My unbelievable grandma says this plugin is interesting!!”“Through the lens: The Citizen’s Picture Editors select the best news photographs from South Africa and around the world…”Source: Read MoreSource Link: https://www.citizen.co.za/multimedia/24-hours-in-pictures-5-august-2024/#GoogleNews – BLOGGER – GoogleNews http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/08/pexels-photo-9174011.jpeg 24 hours in pictures, 5 August 2024 - Journal Global Internet - #GLOBAL BLOGGER - #GLOBAL

[onlinecompanynews]

24 hours in pictures, 5 August 2024 - Journal Global Internet https://www.merchant-business.com/24-hours-in-pictures-5-august-2024/?feed_id=156074&_unique_id=66b1239966639 ... BLOGGER - #GLOBAL Google NewsGoogle News Through the lens: The Citizen’s Picture Editors select the best news photographs from South Africa and around the world.British motorcycle stunt champion Jonny Davies practices for his World Record attempt for the ‘Fastest speed being dragged behind a motorcycle at Elvington Airfield, in Elvington, North Yorkshire, Britain, 05 August 2024. Davies will attempt on 18 August to break the current record of 251.54 km per hour which was set by Gary Rothwell of Liverpool in 1999. Picture: EPA-EFE/ADAM VAUGHANWe bring you a visual snapshot of the day’s news events, including highlights featuring a “Viking Pilgrimage” in the town of Catoira, Spain, Pope Francis presiding over the vespers to mark the anniversary of the Dedication of the Papal Basilica of Saint Mary Major, an exhibition featuring butterflies from different parts of the world in Poland and South Africans competing at the Olympics.Participants stage a Viking invasion during the so-called ‘Romeria Vikinga’ (lit.: Viking Pilgrimage) in the town of Catoira, Pontevedra province, Galicia region, north-western Spain, 04 August 2024. Celebrated since 1961 on the first weekend of August, the festival commemorates the role that the town of Catoira played in defending Galicia against Norman attacks. Picture: EPA-EFE/BRAIS LORENZOPope Francis presides over the vespers to mark the anniversary of the Dedication of the Papal Basilica of Saint Mary Major and the Solemnity of Mary of the Snows, on August 5, 2024 in Rome. (Photo by Alberto PIZZOLI / AFP)South Korean photographers take a pictures as dealers work at the Hana Bank in Seoul, South Korea, 05 August 2024. The benchmark South Korea Composite Stock Price Index (KOSPI) plummeted 234.64 points, or 8.77 percent, to close at 2,441.55. Picture: EPA-EFE/JEON HEON-KYUNMinister of Water and Sanitation Pemmy Majodina briefs media at Birchwood Hotel in Boksburg, 05 August 2024, unpacking the Budget Vote and plans for the department. Picture: Nigel Sibanda/The CitizenButterflies sit on a plate at the Palm House in Lodz, central Poland, 04 August 2024. An exhibition featuring butterflies from different parts of the world and incubators with butterfly cocoons stored in them opened to visitors at the Palm House until the end of August. Picture: EPA-EFE/MARIAN ZUBRZYCKIPhilippine Coast Guard personnel wave flags as the Vietnam Coast Guard CSB-8002 patrol ship makes a port call at the Port of Manila, Philippines, 05 August 2024. Philippine and Vietnam coastguards will conduct joint maritime exercises in the disputed South China sea to foster mutual understanding and enhanced cooperation between the two nations. Picture: EPA-EFE/FRANCIS R. MALASIGNoah Lyles (L) of USA wins ahead of Kishane Thompson (R) of Jamaica in the Men 100m Final of the Athletics competitions in the Paris 2024 Olympic Games, at the Stade de France stadium in Saint Denis, France, 04 August 2024. Picture: EPA-EFE/RONALD WITTEKSouth Africa’s Lythe Pillay crosses the finish line ahead of St Lucia’s Michael Joseph and Nigeria’s Chidi Okezie in the men’s 400m repechage round of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 5, 2024. (Photo by Jewel SAMAD / AFP)Hongchan Quan of China competes during the Women 10M Platform preliminary of the Diving competitions in the Paris 2024 Olympic Games, at the Paris Aquatics Centre in Saint Denis, France, 05 August 2024. Picture: EPA-EFE/MAST IRHAMSouth Africa’s Victor Hogan competes in the men’s discus throw qualification of the athletics event at the Paris 2024 Olympic Games at Stade de France in Saint-Denis, north of Paris, on August 5, 2024. (Photo by Kirill KUDRYAVTSEV / AFP)Francois Prinsloo of South Africa competes in the Men Discus Throw Qualification of

the Athletics competitions in the Paris 2024 Olympic Games, at the Stade de France stadium in Saint Denis, France, 05 August 2024. Picture: EPA-EFE/CHRISTIAN BRUNASouth Africa’s Mel Janse Van Rensburg competes in the men’s sport climbing boulder semi final during the Paris 2024 Olympic Games at Le Bourget Sport Climbing Venue in Le Bourget on August 5, 2024. (Photo by Fabrice COFFRINI / AFP)(From L) Elena Lilik of Germany, Antonie Galuskova of the Czech Republic, Stefanie Horn of Italy and Klaudia Zwolinska of Poland at the start of their heat in the Women Kayak Cross of the Canoeing Slalom competitions in the Paris 2024 Olympic Games at the Vaires-sur-Marne Nautical Stadium, in Vaires-sur-Marne, France, 04 August 2024. Picture: EPA-EFE/MAXIM SHIPENKOVInternally displaced Palestinians walk past a destroyed building as they move in the streets of Khan Younis after a new evacuation order was issued by the Israel Defense Forces (IDF), southern Gaza Strip, 04 August 2024. More than 39,000 Palestinians and over 1,400 Israelis have been killed, according to the Palestinian Health Ministry and the Israel Defense Forces (IDF), since Hamas militants launched an attack against Israel from the Gaza Strip on 07 October 2023, and the Israeli operations in Gaza and the West Bank which followed it. Picture: EPA-EFE/MOHAMMED SABERThis US Border Patrol photo obtained August 5, 2024 shows 25 packages of cocaine (70 lbs.) that Hurricane Debby blew onto a beach in the Florida Keys. Hurricane Debby made landfall on Florida’s Gulf Coast early Monday, knocking power out for hundreds of thousands of people as the US southeast braced for potentially historic levels of rain and major flooding. (Photo by Handout / US Border Patrol / AFP)An anti-government protestor climbs atop a statue of Sheikh Mujibur Rahman, Bangladesh’s founding father and parent of the country’s ousted Prime Minister Sheikh Hasina, in Dhaka on August 5, 2024. Bangladeshi Prime Minister Sheikh Hasina’s 15-year rule ended on August 5, as she fled after more than a month of deadly protests as the military announced it would form an interim government. (Photo by Abu SUFIAN JEWEL / AFP)MORE: 48 hours in pictures, 4 August 2024Google News For more news your wayDownload The Citizen App for IOS and AndroidSource of this programme “My unbelievable grandma says this plugin is interesting!!”“Through the lens: The Citizen’s Picture Editors select the best news photographs from South Africa and around the world…”Source: Read MoreSource Link: https://www.citizen.co.za/multimedia/24-hours-in-pictures-5-august-2024/#GoogleNews – BLOGGER – GoogleNews http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/08/pexels-photo-9174011.jpeg #GLOBAL - BLOGGER Google News Google News Through the lens: The Citizen’s Picture Editors select the best news photographs from South Africa and around the world. British motorcycle stunt champion Jonny Davies practices for his World Record attempt for the ‘Fastest speed being dragged behind a motorcycle at Elvington Airfield, in Elvington, North Yorkshire, Britain, 05 August 2024. … Read More

[aquantuo]

How to Ship Goods from China to Kenya Easily

Shipping goods from China to Kenya is a critical aspect of business for many companies and individuals, given China's position as a global manufacturing hub. Whether you're a large corporation or a small business owner looking to import goods, understanding the ins and outs of shipping from China to Kenya is essential for smooth operations and cost-effectiveness. In this guide, we'll explore the key considerations, options, and tips for successful shipping from China to Kenya.

Why Ship from China to Kenya?

China is known for its vast production capabilities and competitive pricing, making it a go-to source for various goods, from electronics to textiles. Kenya, on the other hand, is a growing market with increasing demand for quality products at affordable prices. The trade relationship between these two countries has strengthened over the years, making shipping from China to Kenya a common business practice.

Shipping Methods: Air vs. Sea Freight

When it comes to shipping goods from China to Kenya, you generally have two options: air freight and sea freight. Each method has its advantages and disadvantages, depending on your specific needs.

Air Freight: Ideal for small, time-sensitive shipments. Air freight is faster, typically taking about 5-10 days from China to Kenya. However, it is more expensive than sea freight, making it suitable for high-value or urgent goods.

Sea Freight: Best for larger shipments that are not time-sensitive. Sea freight is more economical but slower, with transit times ranging from 20-40 days. This method is commonly used for bulk items or when cost-efficiency is a priority.

Cost Considerations

The cost of shipping from China to Kenya varies depending on several factors, including the shipping method, the weight and volume of the goods, and the shipping company used. It’s important to consider both the initial shipping cost and any potential additional fees, such as customs duties, taxes, and handling charges.

Using a reliable shipping service can help streamline the process and provide a clearer understanding of the total cost involved, allowing you to budget effectively.

Customs and Regulations

Navigating customs and regulations is a crucial part of the shipping process. Both China and Kenya have specific import and export regulations that must be adhered to. In Kenya, for example, the Kenya Revenue Authority (KRA) oversees the importation process, and it’s essential to ensure that all required documentation is in order.

Working with a shipping company that has experience in handling customs clearance can save you from potential delays and fines. Ensure that your goods comply with Kenya’s import requirements to avoid any issues.

Choosing the Right Shipping Partner

Selecting the right shipping partner is perhaps the most important step in ensuring a smooth shipping process. A reputable shipping company will not only provide reliable services but also offer valuable guidance on the best shipping methods, cost-saving tips, and handling customs procedures.

Companies like Aquantuo specialize in shipping from China to Kenya, offering a range of services tailored to different needs. From small packages to large consignments, having a trusted partner can make all the difference.

Tips for Successful Shipping

Plan Ahead: Shipping from China to Kenya can take time, especially with sea freight. Planning your shipments well in advance ensures that you meet your deadlines without incurring additional costs for expedited services.

Consolidate Shipments: If possible, consolidate your shipments to reduce overall shipping costs. Shipping larger volumes at once can often be more economical.

Stay Informed: Keep yourself updated on the latest shipping regulations and market conditions. Changes in tariffs, taxes, or shipping routes can impact your shipping plans.

Track Your Shipment: Use tracking services to monitor your shipment in real-time. This helps you stay informed about the progress of your goods and anticipate any potential delays.

Conclusion

Shipping from China to Kenya is a vital process for many businesses, and understanding the key factors involved can help you make informed decisions. By choosing the right shipping method, managing costs, complying with customs regulations, and partnering with a reliable shipping company, you can ensure that your goods reach Kenya safely and efficiently.

Whether you're a seasoned importer or new to international shipping, taking the time to plan and select the best shipping options will pay off in the long run. With the right approach, shipping from China to Kenya can be a seamless and cost-effective process, contributing to the success of your business.

For more information on shipping services and to get started with your shipment, visit Aquantuo.

[credenceresearchdotblog]

The LNG storage tank market is projected to grow from USD 16,929.79 million in 2024 to USD 28,828.58 million by 2032, reflecting a compound annual growth rate (CAGR) of 6.88%. Liquefied Natural Gas (LNG) has emerged as a pivotal element in the global energy landscape, primarily due to its efficiency and lower environmental impact compared to other fossil fuels. As the demand for LNG rises, so does the need for effective and secure storage solutions. The LNG storage tank market is thus witnessing substantial growth, driven by advancements in technology, increased production capacities, and a growing emphasis on cleaner energy sources.

Browse the full report at https://www.credenceresearch.com/report/lng-storage-tank-market

Market Dynamics

The LNG storage tank market is influenced by several factors:

1. Rising Demand for LNG: With countries striving to reduce their carbon footprint, LNG is increasingly being adopted as a cleaner alternative to coal and oil. This surge in LNG consumption necessitates the expansion of storage infrastructure.

2. Technological Advancements: Innovations in storage tank design and materials have enhanced the efficiency and safety of LNG storage. Cryogenic technology, which involves the storage of LNG at extremely low temperatures, is a critical component of these advancements.

3. Global Trade: The globalization of the LNG market, with significant exports from countries like Qatar, Australia, and the United States to energy-hungry nations in Asia and Europe, is propelling the demand for large-scale storage facilities at both export and import terminals.

4. Regulatory Frameworks: Stringent environmental and safety regulations are influencing the design and construction of LNG storage tanks. Compliance with these regulations ensures the safe handling of LNG, minimizing the risk of leaks or explosions.

Market Segmentation

The LNG storage tank market can be segmented based on type, material, and application.

1. By Type: - Above-ground Tanks: These are the most common type, used extensively due to their ease of inspection and maintenance. - Underground Tanks: Preferred in areas with space constraints or where aesthetic considerations are important.

2. By Material: - Steel: Widely used for its strength and durability. - 9% Nickel Steel: Preferred for its excellent performance at cryogenic temperatures. - Aluminum: Lightweight and corrosion-resistant, suitable for certain applications.

3. By Application: - LNG Import Terminals: Facilities that receive and store LNG for regasification and distribution. - LNG Export Terminals: Sites where LNG is stored before being shipped to international markets. - Peak Shaving Plants: Facilities that store LNG to be used during periods of high demand.

Regional Insights

The LNG storage tank market exhibits varying trends across different regions:

1. Asia-Pacific: Dominates the market due to high LNG consumption in countries like China, Japan, and South Korea. The region's focus on energy security and diversification is driving investments in LNG infrastructure.

2. North America: The U.S. is a major player, both as a producer and exporter of LNG. The shale gas boom has led to increased LNG production, necessitating robust storage solutions.

3. Europe: The region is expanding its LNG infrastructure to reduce dependency on Russian gas and enhance energy security. Countries like Germany and the UK are investing in LNG storage facilities.

4. Middle East and Africa: Qatar, a leading LNG exporter, is expanding its storage capacities to support its ambitious production targets. In Africa, emerging LNG projects in Mozambique and Nigeria are creating opportunities for storage tank manufacturers.

Future Prospects

The future of the LNG storage tank market looks promising, with continued investments in LNG infrastructure and technological advancements driving growth. The transition towards cleaner energy sources, coupled with the increasing global trade of LNG, will sustain the demand for efficient and safe storage solutions. However, challenges such as high initial investment costs and stringent regulatory requirements must be navigated.

Key player:

Linde Plc (Ireland)

McDermott International Inc. (US)

Wartsila (Finland)

Inox (India)

Carbon Energy Group (US)

TransTech Energy Ltd. (US)

IHI Corporation (Japan)

Air Water Inc. (Japan)

Cimc Enric (China)

Chart Industries (US)

Isisan A.S. (Turkey)

Cryolor (France)

Segmentation:

Based on type:

Self-Supportive

Non-Self-Supportive

Based on material type:

Steel

9% nickel steel

Aluminum Alloy

Others (7% nickel steel, concrete)

Based on region:

North America

Europe

APAC

MEA

South America

Browse the full report at https://www.credenceresearch.com/report/lng-storage-tank-market

About Us:

Credence Research is committed to employee well-being and productivity. Following the COVID-19 pandemic, we have implemented a permanent work-from-home policy for all employees.

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: sales@credenceresearch.com

Website: www.credenceresearch.com

[omkarcorporation]

Stainless Steel 309 Round Bars Manufacturers in India

Omkar Metal Corporation stands as a distinguished figure in the industry, renowned for its manufacturing prowess, supply efficiency, export reliability, and trading versatility, particularly in the domain of Stainless Steel 309 Round Bars. Our extensive array of Round Bars encompasses a myriad of grades, specifications, shapes, and dimensions, tailored to meet the discerning requirements of our esteemed clientele. Whether it's bespoke configurations or standard offerings, we cater to both, ensuring utmost satisfaction.

Embodying high corrosion resistance coupled with formidable strength, our Stainless Steel 309 Round Bars epitomize excellence. Notably, these products exhibit a diverse range of dimensions and specifications, meticulously crafted to align with market dynamics. Austenitic in nature, our Round Bars find widespread utility in welding applications, seamlessly melding with base metals of similar compositions. Moreover, they serve as indispensable elements in welding heat-resistant alloys and other straight chromium-grade stainless steels, wherein conventional pre/post-heat treatments aren't feasible.

The versatility of our high-caliber Stainless Steel 309 Round Bars extends across a spectrum of industries, including but not limited to food processing, dairy, beverages, paper, chemicals, cryogenics, automotive, aerospace, generators, shafts, cement, gas, power projects, and electrical sectors. Such wide-ranging applicability underscores the indispensability of our products in diverse operational landscapes.

At Omkar Metal Corporation, our commitment to quality is unwavering. Employing top-tier raw materials, cutting-edge technology, and state-of-the-art machinery, we ensure the production of Stainless Steel S30900 Round Bars of unparalleled excellence, manufactured at scale to meet market demands. Our adherence to stringent quality control measures, overseen by a team of adept professionals and quality inspectors, guarantees the delivery of flawlessly crafted Round Bars, precision-engineered to perfection.

To ascertain product integrity, our diligent team conducts an array of both destructive and non-destructive quality tests, scrutinizing every facet to uphold uncompromised quality standards. This meticulous approach not only mitigates defects but also ensures the seamless provision of tailor-made solutions, precisely tailored to meet client specifications.

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We Buy and sell Scrap From cities such as Mumbai, Bengaluru, Chennai, New Delhi, Pimpri-Chinchwad, Hyderabad, Pune, Kolkata, Gurgaon, Navi Mumbai, Ahmedabad, Noida, Riyadh, Vadodara, Visakhapatnam, Ludhiana, Haryana, ranchi, uttarpradesh, uttershiv, mirzapur, aligarh, coimbatore, goa, kohlapur, solapur, navi mumbai, midc, gidc, sangli, pune, ankleshwar, chennai, alang, bhavnagar, alwar.

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For more information :

Website: https://www.omkarmetalcorporation.com/

Contact us: 9320777637

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[swldx]

BBC 0534 11 Feb 2024

6195Khz 0459 11 FEB 2024 - BBC (UNITED KINGDOM) in ENGLISH from SANTA MARIA DI GALERIA. SINPO = 45333. English, ID@0459z pips and Newsroom preview. @0501z World News anchored by David Harper. Donald Trump says he would "encourage" Russia to attack any Nato member that fails to pay its bills as part of the Western military alliance. He said he had once told a Nato leader he would not protect a nation behind on its payments if it came under Russian attack, and would urge the aggressors to "do whatever they hell they want". Members of Nato commit to defend any nation in the bloc that gets attacked. The White House called the comments "appalling and unhinged". Finns will elect a new president on Sunday in the first national election since the country joined NATO, choosing a leader who will be critical to shaping the country’s role in the alliance at a time of increasingly fraught relations with Russia. Trinidad and Tobago is considering declaring a national emergency over a huge oil spill from a ship that ran aground and overturned this week. At least 15km (nine miles) of Tobago's south-western coast have been affected, including some of the Caribbean island's pristine beaches. Goma, in the east of the Democratic Republic of Congo, is under attack by M23 rebels. Congo asks for international pressure on Rwanda to stop backing the well equipped rebels. The president of Hungary has resigned live on television over a decision to pardon a man convicted of covering up a child sexual abuse case. It was revealed last week President Novak had given clemency to a man jailed for forcing children to retract sexual abuse claims against a director of a state-run children's home. Protests calling for her to step down had been growing in Hungary. She is a key ally of Hungarian Mr Orban and previously worked as his family minister. Taiwan spots a record 8 balloons from mainland China ahead of Lunar New Year. It is the highest daily number detected since Taipei��s defence ministry started releasing data, with two flying directly over the island. The latest sightings come about a month after William Lai of the independence-leaning DPP wins the Taiwanese presidential election. Thousands of people demonstrated on Saturday night across Israel, calling for a deal to free Israelis held hostage by Hamas in Gaza and for early elections. Relatives of hostages held in Gaza, as well as activists calling for their immediate release, blocked the main highway in Tel Aviv and started a fire, urging the government to reach a deal with Hamas. Police arrested four protesters. The CEO of one of Nigeria's largest banks was killed on Friday when a helicopter he was riding in crashed in the Mojave Desert in Southern California. An aspiring congressional candidate for Mexico's ruling Morena party was assassinated on Saturday in the central Mexican state of Morelos, the president of Ecatepec municipality said on social media, months before Mexico's general elections. @0506z "The Newsroom" begins. MLA 30 amplified loop (powered w/8 AA rechargeable batteries ~10.8vdc), Etón e1XM. 250kW, beamAz 185°, bearing 49°. Received at Plymouth, United States, 7877KM from transmitter at Santa Maria di Galeria. Local time: 2259.

[adalidda]

Strategies for Optimizing Cassava Export to the Lucrative Chinese Market

The Chinese market remains a paramount destination for cassava imports globally, driven by governmental support and its versatile applications across industries, including bioethanol, industrial production, food, and animal feed.

Yet, capitalizing on this thriving market demands strategic maneuvering. Despite substantial annual export quantities (exceeding 1 million MT per exporter per contract) and competitive payment terms, Chinese buyers often push for lower prices, necessitating a savvy approach to streamline operations and curtail production costs.

Outlined below are crucial focus areas to elevate your export operations:

Tailored Cassava Cultivation: Align cultivation practices with specific market demands, catering to food, bioethanol, or other industrial purposes.

Contract Farming Enhancement: Bolster cassava field production by fostering enduring partnerships with farmers' cooperatives, ensuring a sustained and reliable supply chain.

Operational Optimization: Improve processing efficiency by implementing round-the-clock operations, including incentivizing night shifts and holiday production to meet soaring monthly delivery demands.

Streamlined Logistics: Establish a warehouse proximate to the loading port to mitigate shipping delays, crucial when dealing with thousands of containers monthly.

Advanced Warehouse Monitoring: Equip your warehouse with state-of-the-art monitoring devices to track crucial factors like moisture and humidity, ensuring the preservation of processed cassava quality.

Strategic Financial Partnerships: Overcome financial constraints by forging alliances with institutions in Singapore, Dubai, or the European Union for more favorable LC or SBLC monetization terms.

GACC License Preparation: Begin the GACC license application process early, as it can take up to 6 months. This step is crucial for agricultural product exporters to China.

These recommendations stem from our direct experiences as cassava exporters to China. The Chinese market's intricacies demand a comprehensive strategy encompassing strategic cultivation, efficient processing, seamless logistics, and innovative financial partnerships. Optimizing the entire value chain empowers companies to navigate challenges effectively and capitalize on the abundant opportunities presented by this high-demand market.

Chinese importers seeking premium-quality cassava chips can contact us today to discuss how our product can elevate their production processes! We have the capacity to supply over 1 million Metric Tons of dried cassava chips annually for food, bioethanol, and industrial production.

For cassava producers in developing countries, reach out to explore how our international consulting services can help establish a cost-effective export chain, whether for short or long-term endeavors.

I hope you enjoyed reading this post and learned something new and useful from it. If you did, please share it with your friends and colleagues who might be interested in Agriculture and Agribusiness.

Mr. Kosona Chriv Chief Operating Officer (COO)

Deko Integrated and Agro Processing Limited 3rd and 4th Floors, Idubor House 52 Mission Road 300002 Benin City Edo State Nigeria

Phone/WhatsApp: + 2349040848867 (Nigeria) +85510333220 (Cambodia) Email: pr@dekoholding.com Website: https://dekoholding.com

Deko Integrated and Agro Processing Limited is an agricultural firm and exporter of agricultural commodities in Nigeria. We aim to use technologies and innovations to disrupt the cassava value chain in Nigeria. We believe that Nigeria has the potential and resources to become the top exporter of value-added cassava. If you are in the world cassava value chain (food manufacturers, bio-ethanol manufacturers, cassava by-products producers, and investors), we look forward to hearing from you soon and exploring the possibilities of working together. By working together, we can create value for our customers, partners, and stakeholders, as well as make a positive impact on the local communities and the environment. We are committed to delivering high-quality products and services, as well as fostering innovation and sustainability.

If you want to learn more about Deko Group and how we can collaborate, please visit our website https://dekoholding.com

Illustration Photo: dried cassava chips (public domain)

Read the full article by clicking here https://dekoholding.com/dekoposts/BhvAvn4romxBNJn22/strategies-for-optimizing-cassava-export-to-the-lucrative/dekonews

[brookstonalmanac]

Events 12.10 (after 1920)

1932 – Thailand becomes a constitutional monarchy. 1936 – Abdication Crisis: Edward VIII signs the Instrument of Abdication. 1941 – World War II: The Royal Navy capital ships HMS Prince of Wales and HMS Repulse are sunk by Imperial Japanese Navy torpedo bombers near British Malaya. 1941 – World War II: Battle of the Philippines: Imperial Japanese forces under the command of General Masaharu Homma land on Luzon. 1942 – World War II: Government of Poland in exile send Raczyński's Note (the first official report on the Holocaust) to 26 governments who signed the Declaration by United Nations. 1948 – The Human Rights Convention is signed by the United Nations. 1949 – Chinese Civil War: The People's Liberation Army begins its siege of Chengdu, the last Kuomintang-held city in mainland China, forcing President of the Republic of China Chiang Kai-shek and his government to retreat to Taiwan. 1953 – British Prime Minister Winston Churchill receives the Nobel Prize in Literature. 1963 – Zanzibar gains independence from the United Kingdom as a constitutional monarchy, under Sultan Jamshid bin Abdullah. 1963 – An assassination attempt on the British High Commissioner in Aden kills two people and wounds dozens more. 1968 – Japan's biggest heist, the still-unsolved "300 million yen robbery", is carried out in Tokyo. 1978 – Arab–Israeli conflict: Prime Minister of Israel Menachem Begin and President of Egypt Anwar Sadat are jointly awarded the Nobel Peace Prize. 1979 – Kaohsiung Incident: Taiwanese pro-democracy demonstrations are suppressed by the KMT dictatorship, and organizers are arrested. 1983 – Democracy is restored in Argentina with the inauguration of President Raúl Alfonsín. 1984 – United Nations General Assembly recognizes the Convention against Torture. 1989 – Mongolian Revolution: At the country's first open pro-democracy public demonstration, Tsakhiagiin Elbegdorj announces the establishment of the Mongolian Democratic Union. 1991 – Nursultan Nazarbayev is sworn in as the 1st President of Kazakhstan. 1991 – The Kazakh Soviet Socialist Republic is renamed into the Republic of Kazakhstan. 1993 – The last shift leaves Wearmouth Colliery in Sunderland. The closure of the 156-year-old pit marks the end of the old County Durham coalfield, which had been in operation since the Middle Ages. 1994 – Rwandan genocide: Maurice Baril, military advisor to the U.N. Secretary-General and head of the Military Division of the Department of Peacekeeping Operations, recommends that UNAMIR stand down. 1995 – The Israeli army withdraws from Nablus pursuant to the terms of Oslo Accord. 1996 – The new Constitution of South Africa is promulgated by Nelson Mandela. 1999 – Helen Clark is sworn in as Prime Minister of New Zealand, the second woman to hold the post and the first following an election. 2005 – Sosoliso Airlines Flight 1145 crashes at Port Harcourt International Airport in Nigeria, killing 108 people. 2014 – Palestinian minister Ziad Abu Ein is killed after the suppression of a demonstration by Israeli forces in the village (Turmus'ayya) in Ramallah. 2015 – Rojava conflict: The Syrian Democratic Council is established in Dêrik, forming the political wing of the Syrian Democratic Forces in northeast Syria. 2016 – Two explosions outside a football stadium in Istanbul, Turkey, kill 38 people and injure 166 others. 2017 – ISIL is defeated in Iraq. 2019 – The Ostrava hospital attack in the Czech Republic results in eight deaths, including the perpetrator. 2021 – A widespread, deadly, and violent tornado outbreak slams the Central, Midwestern, and Southern regions of the United States. Eighty-nine people are killed by the tornadoes, with most of the fatalities occurring in Kentucky, where a single tornado kills 57 people, and injures hundreds of others.

[ahafia]

HOW TO KNOW YOUR SHIPPING FEE FROM CHINA TO NIGERIA USING AIR CARGO | CALCULATE YOUR LANDING COST

Calculating the shipping fee from China to Nigeria using air cargo and understanding your landing cost involves several steps. The cost can vary based on factors such as the weight of your shipment, the departure and destination airports, shipping method, and any additional services required. Here’s a guide to help you calculate your landing cost: Step 1: Gather Information Before you can…

[aquantuo]

Why Aquantuo is Leading the Way in Shipping from China to Africa.

When it comes to navigating the complexities of international shipping, finding a reliable partner is crucial. At Aquantuo, we understand the challenges and intricacies involved in shipping from China to Africa, and we’re here to offer you seamless and efficient solutions tailored to your needs.

Why Choose Aquantuo for Shipping from China to Africa?

Expertise and Experience: With years of experience in the shipping industry, Aquantuo has developed a deep understanding of the logistics landscape in China. Our team is equipped with the knowledge and skills necessary to handle various types of cargo and navigate the complexities of international shipping regulations, particularly when shipping from China to Africa.

Comprehensive Services: From freight forwarding and customs clearance to warehousing and distribution, Aquantuo provides a full range of shipping services. Whether you’re shipping small packages or large consignments, we offer solutions that cater to your specific requirements. Our expertise in shipping from China to Africa ensures that your goods are managed efficiently throughout the journey.

Competitive Pricing: At Aquantuo, we believe that quality shipping services don’t have to come with a hefty price tag. We offer competitive rates without compromising on the quality of service, ensuring that you get the best value for your money, especially for shipping from China to Africa.

Reliable and Timely Delivery: Timeliness is crucial in shipping, and we take pride in our ability to deliver your goods promptly and reliably. Our efficient logistics network and dedicated team work tirelessly to ensure that your shipments reach their destination in Africa on time, every time.

Customer-Centric Approach: We prioritize your satisfaction and strive to provide exceptional customer service. Our team is always available to address your concerns, provide updates, and offer support throughout the shipping process, especially when it involves shipping from China to Africa.

Streamline Your Shipping with Aquantuo

Shipping from China to Africa doesn’t have to be a complicated process. With Aquantuo by your side, you can enjoy a smooth and hassle-free experience. Our commitment to excellence and customer satisfaction sets us apart as the preferred choice for shipping solutions.

Ready to get started? Contact us today to learn more about our services and how we can assist with your shipping needs. Let Aquantuo be your trusted partner in navigating the world of international shipping from China to Africa.

[zigsa11298]

International Baggage Shipping: Countries Accessible from India

India Post, the country's true postal framework, offers India international shipping to a large number of nations. Throughout the long term, because of postal arrangements, monetary organizations, and expanding worldwide incorporation, this rundown has extended impressively.

Factors Impacting Worldwide Delivery

Prior to diving into the rundown, it's significant to comprehend that the capacity to transport to a particular nation doesn't suggest unhindered shipment:

-Customs and Guidelines: Each nation has its traditions, rules and guidelines. Things allowable in one nation may be prohibited in another. Prior to transportation, guarantee you're mindful of the guidelines of the objective country.

-Strategic Relations: Nations with stressed discretionary ties could confront limitations in reciprocal exchange and transportation.

-Worldwide Occasions: Circumstances like pandemics, wars, or other worldwide emergencies can upset customary delivery courses.

Nations Open for Transportation from India

While it's trying to list each and every nation, here's an outline of districts with nations that commonly acknowledge international delivery from India:

Asia: Bangladesh, Bhutan, China, Japan, Malaysia, Maldives, Nepal, Singapore, Sri Lanka, Thailand, UAE, and some more.

Europe: France, Germany, Italy, Netherlands, Russia, Spain, Joined Realm, and others.

North America: Canada, US, and Mexico.

South America: Brazil, Argentina, Chile, among others.

Africa: South Africa, Egypt, Kenya, Nigeria, and that's only the tip of the iceberg.

Oceania: Australia, New Zealand, Fiji, and a few others.

This rundown is in no way, shape or form comprehensive, and it's a memorable fundamental that it could change in view of different elements.

Confidential Delivery Choices

Notwithstanding India Post, numerous worldwide dispatch and transportation administrations work in India. These organizations frequently have a wide organization, and they could support nations not covered by India Post.

(Always check with India Post's official website, private courier services, or professional shipping agencies for the most recent and detailed list of countries and shipping conditions.)

[markpedia-china-importer]

Buy china products online in Cameroon

It is no news that China is the second biggest economy in the world and the highest supplier and producer of products used across Africa. Cameroon being in Africa is not an exception. Its now easy than never to buy China products online in Cameroon and gets it shipped directly to your exact city location in Cameroon. We sell and deliver to all major cities in Cameroon including Buea, Douala, Yaoundé, Kumba, Bamenda, etc. We also sell and deliver goods from china to other African countries including Nigeria, Ghana, Gabon, etc.

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How To Buy China Products Online In Cameroon?

There are several ways of buying online from China. But unfortunately fraudsters have taken advantages of it and getting people scammed off their hard earned money. Also, some methods are unnecessarily complicated making life difficult for users. At times users will need to undergo a paid training just to learn how to buy from china online in Cameroon. With our website, everything is straight forward. No special skill is needed. All You need to do is the following process;

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Markpedia has a great partnership with most of the top producers in china on special pricing. This enable us to help our customers buy at the lowest possible prices. The prices we offer to all our customers are industry based prices at the lowest level. We don’t actually make money from selling items, rather we only make money from shipping logistics. Our intention is actually to save our importers the stress of doing all the hard work by presenting them a ready market to buy. We negotiate with the most trusted suppliers and producers who sell on our platform. We do all these on behalf of our lovely customers.

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Where To Buy China Products In Cameroon

The best place to buy Chinese items online and ship to Cameroon is on Markpedia market place. Markpedia has one of the best marketplace online dealing with purely China products. At Markpedia you are sure to find any item you are looking for. Markpedia is made up of the top quality producers and suppliers of chines products all over Africa and Cameroon especially. Visit our website markpedia.com and start buying China products online in Cameroon.

Advantages Of Buying Directly From China

There exist several advantages of buying your household items and other products directly from China and shipping to Cameroon.

The major advantage in buying directly from China in Cameroon is getting high quality products at very cheap prices. Sellers in Cameroon usually exaggerate the prices of items in the market. But if you are buying all by yourself from China, you buy at industrial based prices.

Also, you save yourself from the stress of moving from one store to the other or even market to market looking for a single item. Buying online directly from china makes it easy as you place your orders at the comfort of your home. You just go online, place an order, make payment and wait for your delivery to Cameroon.

Moreover, anyone today can take advantage of this and become a China product importer and make huge gain. It is now a whole new career for many youths, creating lots of job opportunity thereby reducing unemployment.

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[xtruss]

BRICS Summit in Xiamen, Southeastern China's Fujian Province on September 5, 2017. © Mark Schiefelbein/POOL/AFP

Dmitry Trenin: The Founder Members of BRICS Face a Historic Decision as They Attempt to Reshape the World Order

Expanding the membership and working towards financial independence from the West are two important challenges to be discussed at the Johannesburg summit

— Monday August 21th, 2023

Never has the BRICS group attracted so much interest around the world as in the run-up to the 15th leaders’ summit this week in Johannesburg.

This in itself shows the growth of the bloc's importance since its first gathering – at the level of economics ministers – on the margins of the St. Petersburg Economic Forum in 2006, and the initial proper summit in Ekaterinburg in 2009.

About 20 countries are reportedly seeking admission to the five-member organization and the list of countries that will be represented at the meeting in South Africa is three times as long. This is a sign of the times and points to two things: the yearning of many non-Western nations to become more consequential to how the world is run, and the growing pushback against self-serving Western dominance in global politics, economics, finance, and the media.

This does not mean, however, that BRICS (an acronym made up of Brazil, Russia, India, China and South Africa) will have an easy run in reshaping the world order. Ahead of the Johannesburg summit, two issues emerged as the main challenges to the group’s further evolution. One is expanding membership. A number of countries from all over the globe have lined up at BRICS' door, ready to walk in. These include Algeria, Argentina, Bangladesh, Belarus, the Democratic Republic of the Congo, Cuba, Egypt, Ethiopia, Indonesia, Iran, Kazakhstan, Mexico, Nigeria, Saudi Arabia and the United Arab Emirates. Going for a big-bang enlargement would be a loud statement, to the effect that an alternative to the US-led system of alliances and partnerships is being built. However, the question is would such an expansion make a much more diversified BRICS immediately stronger or not?

Within BRICS itself, views on enlargement differ. Yet, there is a model that can prove useful. Another non-Western group, with some of the same participant states, did manage the enlargement issue without diluting effectiveness. This was the Shanghai Cooperation Organization, which started with Russia, China, and three Central Asian states. Over time, the SCO has found a formula for categories of participating countries and criteria-cum-processes for admitting new full members. The organization was able to extend its full membership to India and Pakistan, Uzbekistan and Iran, with a number of others in line for admission. If the SCO approach is adopted by BRICS, this could be a solution.

The other challenge for the bloc is coming up with new financial instruments to reduce the non-Western economies’ dependence on the dollar. Washington’s weaponization of its currency in its Hybrid War against Russia and its concurrent manipulation of trade and technology against China have made the issue urgent. Western restrictions have hampered the activities of the BRICS’ New Development Bank. Calls have been made for the group to create a common currency, to break the dollar's monopoly in world finance. Yet, it is self-evident that creating a reserve currency for five very different economies, of which China accounts for two-thirds of the combined nominal GDP of the group, will run up against the jealously guarded principle of national sovereignty. The original goal of achieving financial independence will not be met.

A more practical way would be to improve the currently growing practice of using national currencies in trade between BRICS countries. The yuan and ruble account for more than half of Sino-Russian commercial turnover; Russia accepts the rupee for the oil it ships to India; Brazil trades in yuan with China; and so on. While these transactions have the merit of being free from third-country interference, they can and do incur costs, due to the problems with convertibility of some currencies, their limited use outside the issuing country, and the instability of the exchange rate. These are the issues that need to be addressed. While a BRICS currency is still a long way off, it would make more sense to work on improving the system of international payments and settlements within the group.

BRICS is often compared to the G7. Yet, although is some ways the comparison can be justified, the two groups are fundamentally different in their ambition, structure, and evolution. The G7 is politically, economically and ideologically homogenous, while BRICS is rich in diversity on all counts; the G7 is essentially led by the United States, with the others, the ex-great powers, unquestionably accepting that leadership, whereas in BRICS, China’s economic weight does not translate into a Beijing hegemony. The G7 is globalist in the sense of seeking to project its models and morals on the rest of the world, and BRICS countries are wholly focused on their national sovereignty. At the same time, the G7 is clearly exclusive, with the West sitting clearly above the rest, while BRICS is just the opposite: it embraces the diversity of different civilizations and cultures.

The G7’s role is to preserve the old order in which the West is dominant; the BRICS members’ ambition is to build elements of a new, more diversified and better-balanced world order – first of all among themselves and then to further impact the evolution of the world system. BRICS is not an attempt to create a zero-sum alliance. It is the core of what one can call the World Majority that aims at development rather than dominance. The going will be hard and not unopposed but, with more pieces to the puzzle affixed, the foundation of a more open and inclusive world order will eventually emerge.

— Dmitry Trenin is a research professor at the Higher School of Economics and a lead research fellow at the Institute of World Economy and International Relations. He is also a member of the Russian International Affairs Council.