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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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 industries came into being with the occurrence of technological and socio-economic transformations in the Western countries in the 18th-19th century. This was widely known as industrial revolution. It began in
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Imports and Exports Post University February 1‚ 2014 Imports and Exports How would you feel about the businesses in the United States that are buying or selling to countries that have a high amount of exports and imports? This is the only way that some of these countries can survive. This is because they have products that other countries don’t have and other countries are able to produce things that they can’t
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General Provisions about Customs Procedures Basic document is ‘Entry’ Entry’ in relation to goods means entry made in Bill of Entry‚ Shipping Bill or Bill of Export. In case of import by post‚ label or declaration accompanying goods is ‘entry’ Loading and unloading at specified places only Imported goods can be unloaded only at specified places. Goods can be exported only from specified places. Computerisation of customs procedures Customs procedures are largely computerised. Most of documents
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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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BRIC COUNTRIES The BRIC Countries label refers to a select group of four countries(Brazil‚ Russia‚ India and China). The four original BRIC Countries comprise more than 2.8 billion people or 40 percent of the world‘s population‚ cover more than a quarter of the world’s land area over three continents‚ and account for more than 25 percent of global GDP Building Better Global Economic BRICs In 2001 and 2002‚ real GDP growth in large emerging market economies will exceed that of the G7. At end-2000
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Import is the process of bringing goods from one country into another country in a manner satisfying the legal requirements of the receiving country. An organization that is licensed to receive these goods in the country is referred to as an Importer. For importing goods into Dubai‚ an Importer should have a valid Trade License issued from any of the License Issuing Authority in U.A.E. and should be registered with Dubai Customs. The Importer has the option to carry out import procedures online on
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UNIT 15 INDIA’S EXPORT-IMPORT POLICY Objectives This unit helps you to understand: what is trade policy; kinds of trade policy; phases of liberalisation in trade policies in the process of economic development; trends in India’s exim policies; salient features of India’s import regime during 1950-91; characteristics of India’s export promotion policies; and India’s Trade Policy reforms in the 90s. Structure 15.1 15.2 15.3 15.4 15.5 15.6 15.7 15.8 15.9 15.10 15.11 15.12 15.13 15.14 Introduction India’s
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Trends in India’s Trade‚ Exports and Imports Having been an agro-based economy‚ Indian trade has always been devoid of manufactured or industrial goods. Post liberalisation‚ imports dominated the Indian trade scene in the form of heavy machinery and information technology products and‚ thus‚ created an imbalance of trade. India Trade: Exports Indian trade was impacted by the global recession of 2007-2009. Indian exports fell from $200.9 billion in 2008 to $165 billion in 2009. India ranked 22nd
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Darwin Pantig Import-Export Imbalance in the Philippines This is a problem long time ago the imbalance of import-export products due to the industrialized neighboring countries‚ Philippine has nothing to do to compete them because of their low cost labors and raw materials. Agricultural products and aqua cultured products are the possible advantages of Philippine in terms export because of the country’s vast water premises. also human resource for foreign employment. Import-Export Imbalance: Among
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