As your ambition is to become an expert manager in International Business, youmust understand the details of export-import (Exim) financing anddocumentation. You are all aware, that business is impossible without finance,especially when it is international business, it involves huge amount of finance,including foreign exchange (frex). Let us now have an overview.In order to equip you, well in this field, the study material consists of thefollowing units.Unit I -
Introduction, dealing with export documentation foreignexchange regulation, ISO 9000 series, pre shipment inspection,export trade control and marine insurance.Unit II -
Export Procedures deals on export polices, procedures, credit(short term and long term) and guarantee.Unit III -
Import procedure including different types of licensing,passbook and related matters.Unit IV -
Export incentives provides you details on various types of incentives (duty as well as tax ) and the procedures anddocumentation required.Unit V -
Trading Houses, Various export promotion measures, setting upEOU/FTZ/EPZ/SEZ and the encouragement by providing thehonour of stars to export houses according to their performance.With this overview of the subject, let us discuss the salient features of the unit 1,which will be discussed in the form of the following lessons.Lesson 1.
: To Exim financing theories of internationalTrade, scope and need of exim finance, finance function, andemerging challenges are discussed.