Knowledge base

Understanding the implications of TPP on India’s export sector

Tuesday,July 14, 2015 at 4:42 am

The Trans-Pacific Trade Partnership or TPP as it now known as is set to rewrite international trade rules like never before. The controversial trade pact which has been shrouded in secrecy is expected to give the U.S. a shot at world domination when it comes to global trade and undermine China’s growing importance. In the works since 2005 TTP became a reality in June 2015.   A snapshot of TPP   TPP is an ambitious trade deal that enco Continue reading

CCFCs to accelerate export and import customs clearance for Indian Traders

Thursday,July 9, 2015 at 6:55 am

India’s export performance has been drab fueling reports of significant job cuts in the export sector. The Indian Government is taking all prerequisite steps to boost the country’s export performance. Latest in the line of initiatives is the setup of the Customs Clearance and Facilitation Committees (CCFCs) at ports. The Government hopes to hasten the process of export and make it easier for exporters to do business.   Revenue Secretary Continue reading

Top five export finance terms explained

Monday,July 6, 2015 at 9:52 am

Like every other business, finance is a crucial aspect of export management. Exporters prefer to get paid quickly while importers seek to delay the payment as much as possible. With the operating margins always thin for exporters it is imperative that they know payment terms used in international trade to get paid in full and on time and more importantly to choose the ones that are acceptable for you and the seller. Here we will give you the deta Continue reading

Exports forms: Create your own or follow the norms?

Monday,June 29, 2015 at 8:34 am

Traders across the world dread the myriad export forms that need to be filled and accurately for each trade order. Despite the process consuming valuable business time, many traders still manually complete the forms. The redundant data entry that is involved means there’s a lot of room for errors. Errors which could lead up to the shipment being detained by customs. We will try to understand what are the advantages and disadvantages of creating Continue reading

China’s strengthened domestic supply chain poses a risk for Taiwan’s semiconductor industry?

Monday,June 22, 2015 at 9:40 am

China’s roadmap to develop an internal supply chain specifically to aid its high-tech manufacturing sector has been flagged as a serious threat by Taiwan enterprises. Highly placed sources from Taiwan’s Ministry of Economic Affairs stated that the country was highly concerned about the latest developments as China’s efforts towards fortifying its internal supply chain is to reduce its dependence on imported parts from Taiwan.   China Continue reading