Understanding WTO agreements and its structure

WTO’s contribution to world trade is enormous. Countries like India and China must thank the organization to make it possible for these countries to become potentially strong economic force in global business. It is due to the process adopted by WTO which is resulting into the convergence of income levels around the world. In the… Read More Understanding WTO agreements and its structure

Significance of Understanding of International Trade Procedures and Documentation

While operating in international markets, a businessperson can not transact without the interventions of mainly four groups of intermediaries or regulators – 1) Governments of host and home country, 2) Banks in both the countries, 3) Transporting group – Different payers involved with the overall logistics of carrying the goods from home country to host… Read More Significance of Understanding of International Trade Procedures and Documentation

Alligned Document System of Export Documentation

In the last session of ITPD yesterday at I.T.S Mohan Nagar Campus, we discussed the importance and features of Aligned Documents System for export documentation. ADS is an international initiative to standardize the size and information of international trade documentation. Once ratified by majority of the countries the whole trade documentation world wide can be… Read More Alligned Document System of Export Documentation