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marine insurance in India

 marine insurance in India In the early days of international trade it was common for cargo to be lost when vessels ran into trouble with sandbars, storms, or pirates. Shippers would demand compensation from the steamship companies, which often lacked the resources to make restitution but most small-scale importers and …

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frequently asked questions on import export business

frequently asked questions on import export business Now, let’s look at the frequently asked questions on import export business. Your answers to these can be the beginning of your business plan. 1. Why are you thinking of starting a business? What are your objectives? If your answer is “to make …

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Top Import Export Business Websites in India

Top Import Export Business related Websites in India  Here explain some useful website list for import export business related to know latest news update and more information. world trade organization : www.wto.org/ International chamber of commerce: iccwbo.org/ Director general foreign trade : dgft.gov.in/ Indiantradeportal : indiantradeportal.in/ Ministry of Commerce and …

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Difference between DA and DP payment terms

Difference between DA and DP payment terms Difference between DA and DP payment terms basically DA(documents against acceptance) is very risky term for exporter against DP (documents against payments). DA in payment duration of international trade means, Documents against Acceptance. DP in charge duration of exports and imports signifies Records …

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what is AD Code in import export business

what is AD Code in import export business  First of all AD Code full form is Authorised Dealer Code, In export-import trade, C.H.A use word A D code letter.Before filing any export bill, AD code must be registered with any schedule commercial banks in India. This code you will get …

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what is status holders

what is status holders. (1)Status holder are business leaders who have excelled in international trade and have successfully contributed to country,s foreign trade.Status holder are expected to not only contribute towards India’s exports but also provide guidance and handholding to new entrepreneurs. (2)The nomenclature of export house, star export house, …

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Full Form of Abbreviation mostly used in international Trade.

AA Advance Authorisation EGM Export General Manifest ACU Asian clearing Union EIC Export Inspection Council AEZ Agri Export Zone EO Export Obligation ANF Aayat Niryat Form EODC Export Obligation Discharge Certificate ACP Accredited clients programme EOU Export Oriented Unit AEO Authorised Economic Operator EOP Export Obligation period AES Approved Exporters …

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