Understanding risks in international Trade.

Understanding risks in international Trade. These risks can be insured to a great extent by taking appropriate steps. (1) Credit risk: ECGC Ltd provides credit risk insurance and related services for exports.credit risk against the buyer can be covered by insisting upon an L/C of credit from the overseas buyer …

Read More »

how to export to India

how to export to India Export is one of the most lucrative business activities in India.Export is a very huge concept and lot of preparations is required by an exporter before starting an export business.The government also provided various incentives to the exporters for earning valuable foreign exchange for the …

Read More »

Export of Sample

Export of Sample The overseas buyer generally insist for the sample before placing order,it is essential that the sample are attractive,informative and have retention and reminder value.Hence,samples are invariably send to foreign buyers,but normally when they ask for the same.In the first Instance,negotiations are carried on,product brochures,catalogs,leaflets,photograph or other description …

Read More »

Modes of export business

Modes of export business Basically,there are two methods of exports sell direct and indirect.for direct exporting,the firm makes is own arrangements separate and different departments or company to handle export transaction.and Indirect exporting,sell through an intermediary like merchant exporter,Export Houses,Export Marketing group and Trading corporation-central and state. This is two …

Read More »

what is Benefits for Deemed Exports.

what is Benefits for Deemed Exports. Deemed exports shall be eligible for any/all of the following benefits in respect of manufacture and supply of goods qualifying as deemed exports subject to terms and condition as in HBP. (1) Advance Authorisation /advanced authorisation for annual requirement/DFIA. (2) Refund of Terminal excise …

Read More »

about Deemed exports

about Deemed exports “Deemed Exports” refers to those transactions in which the goods supplied do not leave the country and payment for such suppliers is received either in Indian rupees or in foreign exchange.The following categories of supply of goods by a manufacturer or by the Main/sub contractors are regarded …

Read More »

What is Foreign Trade Policy (FTP).

what is foreign Trade policy ? India’s Foreign Trade Policy also known as Export Import Policy (EXIM), aims at developing export potential, improving export performance, encouraging foreign trade and creating favorable balance of payments position. Foreign Trade Policy is prepared and announced by the Central Government (Ministry of Commerce). Foreign …

Read More »

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, …

Read More »

How to select overseas Market for exports

How to select overseas Market for exports After the selecting product (how to select product for export select-product-international-trade) next step is to know the market where to export.The whole world can be potential markets for one’s products,it may not be possible and worthwhile to export to the world as a …

Read More »

How to Select Product for international trade.

How to Select Product for international trade. selecting a product for international trade this is very important part for export business.carefully select the product to be exported.Some factor are working here example your education, your specific sector/product knowledge,Family background,family business,financial condition,product availability and demand for international market,ect.the select product must …

Read More »
error: Don\\\'t Copy