Professional Documents
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SOLUTIONS
Who is CHA and C&F and how they can help me in export business?
Which are the major export documentations?
What are trans-shipment and partial shipments?
What is marine insurance? How to avail it?
What is ECGC (product insurance)? How to avail it?
How to plan a foreign country visit for export business?
How do I know the certifications requirements in foreign country?
How to prepare a prospects` database and how it helps me?
What is the importance of digital marketing in my export business?
How to decide upon my export budget?
Who is CHA / C&F agents and how
they can help me in export business?
Trans-shipment:
The shipment of off-loading of goods from one location and loading to another
(or one country to another) and from one carrier to another by mode of air, sea,
road, either of two, or of all.
When the distance of movement of goods from one place to another is very far,
the single service of one carrier to move goods from the origin to final
destination may not be possible in most of the cases.
If a shipment is on less container load (LCL) basis, a trans-shipment is effected
for the purpose of consolidation by dividing large shipment to small and small
shipments to large.
Partial Shipment?
Partial shipment is the delivery of an order in more than one shipment. It means,
when a buyer orders goods, all the goods are not shipped at once, rather they are
sent to the buyer in parts. To make a partial shipment, it must be agreed upon by
the buyer in a letter of credit.
What is marine insurance?
How to avail it?
Marine insurance covers goods from the moment they leave the sellers
warehouse until they arrive at the buyers warehouse. In other words,
the cover is from warehouse to warehouse, not just port of loading to
port of discharge.
The seller is obligated to insure the cargo in the CIF and CIP terms.
ECGC Ltd. (Export Credit Guarantee Corporation of India Ltd.) wholly owned by
Government of India, was set up in 1957 with the objective of promoting exports
from he country by providing credit risk insurance and related services for exports.
Insurance cover guaranteed will cover up to 90% of the principal and interest.
ECGC classifies the countries into 7 categories on basis of risks perceived.
A1-Insignificant Risk
A2-Low Risk
B1-Moderately Low Risk
B2-Moderate Risk
C1-Moderately High Risk
C2-High Risk
D-Very High Risk https://www.ecgc.in/english/
How to plan a foreign country visit for
export business?
These requirements need to be researched before you enter a market, as the cost
of compliance may affect the sales price of your product, or the cost and
profitability of your goods in that market.
What products are likely to be regulated?
Digital marketing is reaching out to and engaging with your customers through
Email, Mobile and Internet.