Knowledge base

Deemed export – How to simplify your trade processes?

Monday,January 19, 2015 at 12:30 pm

At some point while engaging in trade, you are bound to encounter the situation of engaging in deemed export. So, what is deemed export and what are the challenges associated with this mode of trade? Let us understand:   Understanding Deemed Export   Deemed export are referred to those trade transactions where a commodity or service offering is not shipped or transferred out of the exporting nation. Often, deemed exports are linked to t Continue reading

Automating trade documentation: Boost in cross border transactions?

Monday,January 19, 2015 at 11:33 am

Free Trade Agreements (FTAs) come with its allied benefits of growing opportunities for global trade, reduction in commodity costs and increase in availability of services. It is important to consider how technological advancement can help in boosting global trade and impact business processes positively.   How does digitalized documentation work?   How many times have you worried about the forms to fill and compliance of your documents Continue reading

Managing your global business wisely

Monday,January 19, 2015 at 8:42 am

International trade has been expanding rapidly, even faster than global world output rates, pointing out the fact that majority of a nation’s produce are often traded internationally than consumed internally. Boundaries between countries have been diminishing and making the best use of the upsurge in demand for products on a global scale ranging from bio-fuels to organic food crops and from staple food grains to horticulture produce, have opene Continue reading

Bill of Lading and Airway Bill – Understanding differences

Monday,January 19, 2015 at 7:06 am

Export documents are the core of all global business operations. They not only serve business stakeholders the purpose of record of transaction, but aid the logistics organisations with freight information and financial institutions as a tool to enable payment collection.   When considering modes of transport for your consignment that needs to be imported or exported, there are majorly two types of bills of lading involved – the airway Continue reading

The Shuwaikh port of Kuwait

Monday,January 19, 2015 at 6:38 am

The state of Kuwait is an Arab nation lying towards the tip of the Persian Gulf, sharing its geographical borders with Iraq and Saudi Arabia. The nation was once a prominent center for trade which gradually decreased due to several external and internal factors.   Kuwait is primarily exposed to the International trade scenario through its three major seaports. The Shuwaikh Port, Doha Port and the Shuaiba Port have a major role in reinforcing Continue reading