Tag Archives: iiiem

Ways to get International export orders

The world is coming closer day by day with the aid of technological advancement. There are huge openings of new opportunity especially to small and medium businesses to cater to anyone across the globe. As an exporter, finding buyers for your product can be the most difficult challenge in your business, particularly when you are… Read More »

Payment terms in Export and Import

  International trade is an unavoidable part of each country’s economy. The development of Information and Communication Technologies (ICT) has resulted in converting the whole World into a Global Village, where the distance is not a barrier for trading. To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their… Read More »

Everything about High Sea Sales

High Sea sales (HSS) is a sale carried out by the actual consignee (ie, the consignee shown in the Bill of Lading) to another buyer while the goods are yet on high seas or after their dispatch from the port of loading (POL) and before their arrival at the port of discharge (POD). You can learn about all export-import documentation and procedure from a well-known… Read More »

For an Importer how safe is Letter of Credit (LOC)

Letter of credit is a safe mode of payment commonly for any business especially in international business also. Letter of credit is been known to be one of the safest payment options for importers in international trade transactions. The reasons why L/C is a very important tool for export-import transactions is primarily due to the… Read More »