Ankita patelHow Is The Red Sea Rift Shaping Global Exports and Imports?As a vital artery for global trade, the tranquil waters of the Red Sea have indeed seen a turbulent ripple with continuous conflicts…3d ago3d ago
Ankita patelTop Mistakes Indian Importers Make in International TradeMastering International Trade: Common Importer Mistakes to AvoidMar 5Mar 5
Ankita patelCommon Mistakes New Importers Make in the World of Export and ImportEmbarking on the journey of international trade can be a rewarding endeavor for new importers; however, it comes with its share of…Dec 5, 2023Dec 5, 2023
Ankita patelTechnology’s Role in Simplifying International TradeIn the fast-paced world of international trade, technology has emerged as a driving force behind increased efficiency, transparency, and…Nov 24, 2023Nov 24, 2023
Ankita patelWhat are the risks in foreign exchange rate fluctuation in import export business?Generally, export invoices are made in foreign currencies. If the exporter or the seller has made an invoice in the importer or buyers…Oct 10, 2023Oct 10, 2023
Ankita patelWhat does the term Incoterm mean in import export business?An Incoterm is a widely used term in the import export industry. The meaning of an Incoterm is an International Commercial Term or Trade…Sep 20, 2023Sep 20, 2023
Ankita patelDoes Risk Management System (RMS) simplify import export business?Risk Management System or popularly known as RMS in import export business has been a great change in the traditional approach when it…Sep 7, 2023Sep 7, 2023
Ankita patelCan the document, Bill of Lading (BOL) in Import Export Business be surrendered at the loading port?The Bill of Lading (BOL) in import export business is a document that is issued by the shipping company (or the agent or the ship owner) on…Aug 28, 2023Aug 28, 2023
Ankita patelHow can one open a Letter of Credit (LC) in import export business?A Letter of Credit (LC) in import export business is a document of assurance document submitted by the buyer’s or importer’s bank to the…Aug 24, 2023Aug 24, 2023
Ankita patelWhat happens if the Indian importers does not claim his cargo?There is a certain time limit under Section 48 of the Indian Customs Act that when a consignment arrives at its destination port, the…Aug 22, 2023Aug 22, 2023