Introduction India’s diverse cultural and economic landscape offers a unique opportunity for region-specific development. The “One District One Product” (ODOP) and “Districts as Export Hubs” (DEH) initiatives aim to harness this potential by focusing on…
Direct dispatch of documents by the exporter refers to a practice where shipping documents are sent directly to the consignee or their agent in the destination country, rather than through the exporter’s bank or an…
Introduction In today’s globalized economy, international trade plays a pivotal role in the growth and development of nations. Export promotion measures are vital for countries seeking to enhance their competitiveness in the global market. In…
In today’s interconnected global economy, international trade has become an integral part of many businesses. However, with this increased economic activity comes increased risk. Country risk is the potential for loss or adverse effects on…
Incoterms 2020 Rules, the tenth revision to Incoterms, were introduced by the International Chamber of Commerce in 1923. These updated rules came into effect from 1st January 2020, reflecting changes in market practice, new technologies,…
The airway bill is an important document used in international trade that accompanies goods being shipped via air freight. It is a contract of carriage between the carrier and the shipper that provides details of…
Introduction International trade involves complex processes and various risks for buyers and sellers. To ensure clarity and consistency in trade transactions, the International Chamber of Commerce (ICC) developed a set of standardized trade terms called…
How to Start an Export Business in India: A Basic Guide Exporting is a great way to expand your business and reach new markets. India is one of the world’s leading exporters of merchandise, with…
The global farmed shrimp market continues to grow faster than other aquaculture species with most shrimp being produced in Asia. The main market outside Asia is Latin America, with Ecuador recently overtaking Thailand to become…