International trade requires secure and reliable payment methods that provide assurance to both the exporter and the importer. There are various payment terms available for Indian exporters to use in conducting international trade transactions, including…
India has a rich cultural and economic heritage, making it an attractive destination for entrepreneurs looking to expand their businesses globally. With a population of over 1.3 billion and a rapidly growing economy, India offers…
India is a country with a huge potential for exports, as it has a large and diverse market, a skilled workforce, a favorable exchange rate, and a supportive government policy. However, starting an export business…
Importer-Exporter Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT) to individuals or entities involved in the export and import of goods and services from India. Obtaining an…
Effective from 28th February 2023, ECGC has downgraded its underwriting policy on Egypt, changing its country rating from B2 to C1. This change will also modify the type of cover from Open Cover to Restricted…
Export-Import Bank of India (Exim Bank) forecasts India’s total merchandise exports to remain above US$ 100 bn (US$ 100.5 bn) during the third quarter (October-December) of FY2023, notwithstanding some y-o-y contraction (5.9% over the corresponding…
Johannesburg, October 31, 2022 – Export-Import Bank of India (India Exim Bank)has concluded a Master Risk Participation Agreement for supporting trade transactions with FirstRand Bank (FRB) Limited. The agreement was signed in Johannesburg on Monday on…
Dhaka, October 21, 2022 – Export-Import Bank of India (India Exim Bank)during October 16-17, 2022, concluded Issuing Bank Agreementswith 5 Bangladeshi Banks viz., Mutual Trust Bank Ltd., Dhaka Bank Ltd., Bank Asia Ltd., Midland Bank Ltd….
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…