As a public agency, the Customs Service performs key functions for the country’s development, since it plays a leading role within the context of foreign trade.
The purpose of Customs is to facilitate and streamline import and export operations through the simplification of Customs procedures and formalities. Likewise, it must both safeguard government interests by enforcing such operations on a timely and accurate basis, and collect associated duties and taxes.
Moreover, the Customs Service has to produce foreign trade statistics for the Government, with no prejudice of the other functions that may be to it entrusted by law.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
New fishing technology is 'a double-edged sword' Spain
A research study conducted by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona shows that future improvement of fishing technology poses a threat for the global fishery that could be greater than climate change.
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