Author Archives: vizpathak

Pre Shipment Finance Pre shipment finance may be classified as Packing Credits Advances against receivables from the government like duty drawbacks etc Advances against cheques / drafts received as advance payments Packing Credit Pre shipment finance is generally known as packing credit Essentially a working capital advance made available for the specific purpose of procuring/processing/manufacturingContinue reading “Methods of Financing Exporters”

 have written a couple of articles in detail in the same website about the mechanism of export customs clearance and procedures on export. I have written about – ‘What happens, once cargo for export moved out from exporter’s factory’ with the procedures and formalities to be complied with the authorities. You may read the sameContinue reading “When does exporter get EP copy of shipping bill after customs clearance”

Trade is the transfer of ownership of goods and services from one person to another. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and services. Later one side of the barterContinue reading “International Trade”

The WTO establishes a framework for trade policies; it does not define or specify outcomes. That is, it is concerned with setting the rules of the trade policy games. Five principles are of particular importance in understanding both the pre-1994 GATT and the WTO Non-Discrimination It has two major components: the most favoured nation (MFN)Continue reading “Principles of the Trading System”

The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The organization deals with regulation of trade between participating countries; it provides a frameworkContinue reading “wto”

Get export orders & expand to foreign markets through proper export marketing If you are from India or some other fastly developing Asian/African country. And you are about to start your own export company, then export marketing is something you can’t ignore. There is a saying: “Failing to plan is a planning to fail”. InContinue reading “Get export orders & expand to foreign markets through proper export marketing”

Everyone who starts an export-import business need to be aware of export risks. The exporters can then be well informed and prepared and can hedge the risks. Unfortunately, most of the new exporters and importers are not aware of the export risks. So, we decided to write an article, to point out some of theContinue reading “Export risks are the risks that are involved in the export business.”

If we want to be successful, passionate and happy, then the effort is what we must have. Most of us end up dedicating our own life to work for a Job. We become like everyone else: surrounded by bills, kids, and responsibilities to care about. Life will be expensive, even before they get successful enoughContinue reading “Change your life and start some of the most profitable businesses in India”

Global rules of trade provide assurance and stability. Consumers and producers know they can enjoy secure supplies and greater choice of the finished products, components, raw materials and services they use. Producers and exporters know foreign markets will remain open to them. This leads to a more prosperous, peaceful and accountable economic world. Decisions inContinue reading “Global trade rules”

Trade and trade agreements can be a useful mechanism to support women’s economic empowerment and thus boost economic growth and poverty reduction around the world, Director-General Roberto Azevêdo said during a workshop on “Gender Considerations in Trade Agreements” held at the WTO on 28 March. DG Azevêdo highlights role of trade agreements in enhancing women’sContinue reading “DG Azevêdo highlights role of trade agreements in enhancing women’s empowerment”