Uncategorized IS KAOSHIUNG A CHINESE PORT? By Mr Old Man Posted on March 12, 2010 3 min read 0 0 2,143 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr QUERY FROM Nguyen Thi Phuong Anh Mr Old Man cho em hỏi, theo em được biết qua 1 entry của anh thì Hong Kong được coi là Chinese port, còn Kaohsiung, Taiwan có được coi là Chinese port không. Có người bảo Taiwan còn ghi là Taiwan Republic of China nên Kaohsiung được coi là chinese port. Theo em thì em không cho Kaohshiung là Chinese port.rt. Theo em thì em không cho Kaohsiung là Chinese port. Anh vui lòng cho em biết ý kiến của anh, cám ơn anh. ————————— Mr. Old Man Hi Phuong Anh, To answer your query I quote herewith part of Mr. TO Lee’s comment: Quote1) According to People's Republic of China, "China" includes Taiwan under the "One Country" concept. 2) According to another political party in Taiwan, the Kuomintang (the Nationalist Party), "China" means the "Republic of China" and includes mainland China, once under the administration of Republic of China led by President Chiang Kai-shek before mainland China was taken over by the People's Republic of China led by Chairman Mao Ze-dong in 1949. 3) Hence, as far as UCP 600 is concerned, "China" should mean both People's Republic of China and Republic of China. In other words "China" should include mainland China and Taiwan. Unquote According to Mr. TO Lee's comment, if LC requires port of loading/discharge to be any port of China, then Kaohsiung port can be accepted as a port of China. Best regards,Mr. Old Man P/s: Mr. TO Lee is one of the well-known LC experts whom Mr. Old Man always respects. …
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?