Globalization has made the world one single market, leading to increased transportation of goods and services. However, transportation is increasing day by day. Do you know that various procedures are associated with this transportation process? There are two documentation and five physical shipping procedures, which we must learn while learning about the shipping procedures. Increase… Read More »
India managed to open its economy through LPG (Liberalisation, Privatisation and Globalisation) reforms. There has been an increase in imports and Export among countries from Indian businesses after this liberalization. Businesses require various resources to ensure that there is a smooth flow of goods and services among the countries; therefore, there was the establishment of… Read More »
In the world of globalization, imports and exports play an essential role in determining the economic status of a nation. India is a significant exporter of textiles, clothes, spices, pharmaceuticals, gold, silvers, organic chemicals, and other such products to the European markets; there is an increase in the business of these products. As the international… Read More »
As per the U.S. Bureau of Industry and Security (BIS), re-export means the transmission or shipment of an item subject to Export Administration Regulations (EAR) from one country to another country. Re-export occurs when there is a ‘release’ of software or technology subject to EAR in one country to another foreign country. In simple words,… Read More »