Course: Export-Import Business Through different types of L/C , its Procedure & Risk Management.
The Course Export-Import Business through different types of L/C , its Procedure &Management is designed and articulated to sharpen participant’s knowledge and skills in doing and handling Export –Import business efficiently and successfully. Step by step process and procedures have been described as participants can gather knowledge easily and implement the training result in the real life business. This course is planned such a way that within a short period of time the participants can sharpen their knowledge in International Business. Precipitants will be truly benefited just walk away from the training room and also they will get a profitable & prestigious career progression either in job or business.
Export –Import business is one of the hot industries of the new millennium. Export –Import business becomes more and more rewarding, both in terms of profit and personal satisfaction.
But the Export-Import field is not the sole purview of the conglomerate corporate trader, the big guys make up only about few percent of all exporters. Which means that the other major percent of exporters–the lion’s share are small outfits like yours will be–when you’re new, at least.
In international business major and safest mode of payment is L/C. For importing, we need to open the import L/C. For export you need to receive Export L/C for successful business deal. L/C has certain rules and procedure to manage. As per Bangladesh Import policy importer must open the L/C to import the goods (exceptions applied in some cases). Either for Import L/C or export L/C , technical knowledge on L/C rules and procedure, its possible financing and necessary risk management through insurance coverage is required. Due to mismanagement of those aspects, companies may fall in deep hassle and incur huge loss in Business.
If the goods you need for your business are unavailable in this country or cost less in others, then you may want to import them. Importing commercial goods into Bangladesh is a regulated activity. The Chief Controller of Import and Export authority is the government organization that enforces import regulations. Major imports are machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products .Main import partners are China 21.7%, India 16.3%, Malaysia 5.2%, Republic of Korea 4.5%, Japan 4.1%
Thinking of finding new markets for your products or services? Exporting is one way to increase sales and grow your business. While the rewards of exporting can be great, it is not without risks. Learning the basics, conducting research and staying informed can help you succeed in your export venture. Major Exports commodities are garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather .These products are bought, sold, represented and distributed somewhere in the world on a daily basis. Main Export partners are US 18.7%, Germany 15.8%, UK 10.2%, France 6.2%, Spain 4.6%, Canada 4.3%, Italy 4% except Israel.
|Who can attend?|
The business owners or individuals are interested to start export-import business , business graduates & engineering students, professional engaged in Export, Import, Procurement, Logistics, Supply Chain, Distribution ,Shipping, Freight Forwarding ,C&F, Indenting, Agency Business, Customs, Courier ,Training, Finance & Accounts, International Trade and many more learning minded people those are involved in Private Sector, Public sector and Nonprofit organizations (NGOs)
|Training Contents :|
9.L/C OPENING RULES AND PROCEDURE
20.. COUNTRY SPECIFIC RULES, REGULATIONS AND LAW.
34 EXPORTS INSURANCE
35.. INTERNATIONAL INSURANCE AND LOCAL INSURANCE