PROCEDURES IN IMPORT & EXPORT DOCUMENTATION |SL. NO. |SUBJECT |PAGE NO. | |1 |Significance of Documentation | | |2 |Shipments through ICD | | |3 |Customs procedures
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Vietnam faces more price hikes despite inflation woes Vietnam’s government is set to raise electricity prices by 15% on Tuesday‚ at a time when the population is already struggling with a soaring cost of living. Last week the Vietnamese government also raised the retail prices of oil products by as much as 24%. In February‚ inflation hit a two-year high of 12.31%. Analysts say despite the government’s measures to tighten monetary policy‚ price pressures are likely to continue. "The increases
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industry is India’s second largest industry after IT Industry. At present‚ it is amongst the fastest growing industry segment and is also the second largest foreign exchange earner for the country. The apparel industry accounts for 26% of all Indian exports. The Indian government has targeted the apparel and textiles industry segments to reach $50 billion by the year 2015. China on the other hand‚ has already reached their target of $52 billion in 2004‚ and therefore‚ it is very possible for India to
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The National Minimum Wage (NMW) was introduced by the Labour Government on 1 April 1999 as a labour regulation to replace the wages council which had been abolished in 1993 as they were considered inappropriate. It is regulated under the National Minimum Wages At 1998 and the Minimum Wages Regulations 1999 and covers all workers except farm workers’ wages which are regulated by the Agricultural Wages Board. (Rose 2004) defines NMW as a minimum wage any employer must pay its workers as defined
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enter new overseas markets or export certain products; state-sponsored trading companies‚ like American Trading Companies; and government research and information services‚ particularly services that help exporters identify potential markets and the risks inherent to those markets. Exports can also be stimulated through trade missions‚ whereby political figure and business leaders from one nation visit another nation to explore markets and make contacts. Since exports create jobs‚ local economic development
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recession. Being the ‘manual’ for the world economy‚ the US crisis has also affected Indonesia in many ways. First of all‚ the exchange rate between Indonesia and America was changed drastically‚ consequently bearing a negative impact towards the export between the two countries. Secondly‚ loan interest rate also soared high due to credit awareness. Although the crisis started in the housing sector of North America (causing the credit jam)‚ the housing industry has many ties to various companies
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Chapter Three Steps toward Export Diversification 3.1 Formation of Product and Service specific Business Promotion Councils: 3.1.1 Ministry of Commerce has formed Several sector/ product and service specific Business Promotion Councils as a joint initiative of the government and the private sector within the scope of the Company Act 1994 for diversifying export‚ improving and ensuring the quality of products‚ acquiring appropriate technologies‚ fulfilling compliance requirements‚ marketing
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Seminar on “Export Procedure and Documentation” Seminar on “EXPORT PROCEDURE AND DOCUMENTATION” KOHIMA‚ NOVEMBER 08‚ 2006 The Seminar was conducted by the Eximius Centre‚ Exim Bank in association with the Government of Nagaland and United Bank of India (UBI) at Kohima on November 08‚ 2006. The objective of the programme was to develop the knowledge and skill of existing and potential entrepreneurs in proper compliance with the procedure and documentation for exports‚ and thereby to enhance
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Trade‚ Haberler’s Theory of Opportunity Cost; Heckscher – Ohlin Theory of Trade - Terms of Trade: Gross‚ Net and Income - Law of Reciprocal Demand and Offer Curves- Equilibrium Price in International Trade‚ Commercial Policy - Tariffs and their effects. Unit III: Open Economy Macroeconomics: (12 Lectures) Determination of Exchange Rate in Foreign Exchange Markets: Fixed and Flexible‚ Nominal and Real Exchange rate - Mundell - Fleming Model- the Impossible Trinity;
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was partly due to India’s ban on exports of wheat and common rice India resorted to. But the fiscal stimulus that the government of India provided in 2009 in the wake of G8 countries’ and other major economies’ call to avert economic recession‚ coupled with one of the worst droughts India experienced in that year‚ led to rising food prices in India since mid- 2009. Food price inflation has hovered between 8–12 per cent per annum since then. The nature of food inflation‚ however‚ changed from being cereals-led
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