The recently-signed Luxor Resolution on cross-border e-commerce has been welcomed by the U-Freight Group (UFL), which believes it will help shape this rapidly evolving sector of global trade.

Simon Wong, chief executive of the UFL Group said: “The Luxor Resolution outlines the guiding principles for cross-border e-commerce addressing eight critical aspects, notably Advance Electronic Data and Risk Management; Facilitation and Simplification; Safety and Security; Revenue Collection; Measurement and Analysis; Partnerships; Public Awareness, Outreach and Capacity Building; and Legislative Frameworks.

 

“These issues are fundamental to helping Customs and other government agencies, businesses, and other stakeholders in the cross-border e-commerce supply chain to understand, coordinate and better respond to the current and emerging challenges.”

 

In respect of cross-border e-commerce in China, the company has already been qualified by China Customs and CIQ as a licensed Cross-border E-Commerce Enterprise, as well as a Cross-border E-Commerce Logistics Service Provider.

 

In the area of outreach and capacity building, U-Freight has committed to investing in developments at a number of its warehouses around the world to better equip them to handle the logistics associated with the ever-growing global e-commerce business.