Overview of Import-Export Business by Sarath Madala INBM Jan’14 batch CONTENTS: • Introduction • Incoterms • Shipping Documents • Cargo Insurance • Payment modes/Letter of credit • Advantages • Challenges INTRODUCTION: • Trade: Trade is transfer of ownership of goods or services • International trade: exchange of capital‚ goods and services across international borders • Export: In international trade export refers to selling
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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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MANUFACTURING INDUSTRY:- Manufacturing industry refers to those industries which involve in the manufacturing and processing of items and indulge in either creation of new commodities or in value addition. The manufacturing industry accounts for a significant share of the industrial sector in developed countries. The final products can either serve as a finished good for sale to customers or as intermediate goods used in the production process. Evolution of the manufacturing industry: Manufacturing
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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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Report on Food prices and the multiplier effect of export policy This paper gives a brief report on the effect of export policy on food prices‚ presented by Michele Ruta (World Trade Organization) on 29th Sept‚ 2011.The paper consider the impacts of trade policy interventions on international and domestic food prices in the limiting case where countries seek to completely offset the impact of changes in the international market on their domestic market. The paper first analyzed the sudden increase
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Export Subsidies Export subsidies are attempts by the government to interfere with the free flow of exports. They are payments to a firm or individual for shipping a good abroad. Similar to taxes‚ export subsidies can be specific (a fixed sum per unit) or ad valorem (a proportion of the value exported). Around the world‚ the export industry most frequently subsidized is agriculture. The stated reasoning for export subsidies varies depending upon the product and industry‚ but proponents frequently
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Thailand dollar would affect Blades. For instance the dollar cost of imported inputs may become more expensive over time. Blades would also be exposed to the economic conditions in Thailand. For example‚ if there is a recession‚ Blades would suffer from decreased sales in Thailand. In the long run‚ Blades should be aware of any regulatory and environmental constraints the Thai government may impose on it. Blades should be aware of the political risk involved in operating in Thailand; they should research
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Question 1 1. ------------------------------------------------- ------------------------------------------------- A non-traditional motivation for export is to exploit global presence‚ which means the corporation seeks to: ------------------------------------------------- Answer | | use global money flows | | | access lower cost structures | | | take best advantage of scale economies | | | avoid domestic competition | 5 points Question 2 1. -------------------------------------------------
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PRESENT & FUTURE GROWTH DRIVERS OF THE INDUSTRY 13 PRICING OF THE INDUSTRY 15 GOVERNMENT POLICIES RELATED TO CARPET AND HANDICRAFTS 16 Exim Policy pertaining to the handicraft Sector 16 Characteristics of Indian hand crafted items for exports: 16 Challenges faced by the CARPET INDUSTRY 20 Other burning issues concerning handmade industries 22 COMPARITIVE ANALYSIS OF CARPET- EXPORTING UNDERTAKINGS 26 SUGGESTIONS 28 CONCLUSION 30 RESEARCH METHODOLOGY OBJECTIVE OF THE STUDY:
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invoices with a quotation‚ or for customs purposes in importation. They differ from a normal invoice in not being a demand or request for payment. how to solve the arrastre? A = no of tons. x the rate a fee charged for the use of a wharf and its facilities. The agency also assists exporters in export-related problems/trade complaints. Contact Information Export Trade Facilitation Division Bureau of Export Trade Promotion DTI International Bldg. 375 Sen. Gil J. Puyat Ave.‚ Makati
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