Because of natural calamities like rain, Onion production is taking a dip. Because of this Onion prices in Indian market are rising up since last 5-6 months in spite of government interventions like purchasing onion through NAFED and selling it in market at subsidized rates. Government first implied 40%
By Kristine Kelleher Did you know that the anti-boycott laws are part of export compliance? If not, you are not alone as this is often an overlooked due diligence requirement necessary to comply with the U.S. export laws. Understanding what U.S. anti-boycott compliance means and how it affects day-to-day
Client Question: We’re considering importing on a DDP basis – what should we look out for? Answer: The introductory notes to Incoterms Rules 2020 caution against using DDP (Delivered Duty Paid) for cross-border trade, the caution implying that its true application is in domestic models. However, the ICC do
JadeWeserPort Wilhelmshaven, Germany’s only deep-water container port, is making waves in North America, capturing significant attention from U.S. shippers and logistics partners. A strategic roadshow, featuring participation at the Breakbulk Americas trade fair in Houston, a customer event in Philadelphia, and port visits in New York, underscored the port’s
Incoterms 2020 rules are the latest revision of international trade terms published by the International Chamber of Commerce (ICC). They are recognized as the authoritative text for determining how costs and risks are allocated to the parties conducting international transactions. Incoterms 2020 rules outline whether the seller or the
A Business Name is of utmost importance, especially in Export Import Business. One must becareful and thoughtful in choosing a name. The name of your business needs to be attractive,pleasant to speak and hear, meaningful, purposeful as a business.When one does business in foreign market, one
During November, the nation pauses to honor the men and women who have served our country with dedication, valor, and sacrifice. Throughout the month, Americans salute all who served in the U.S. Armed Forces with parades and events nationwide, including the National Veterans Day Observance held each year on
Introduction In today’s interconnected world, where borders are more symbolic than physical, the importance of understanding international trade cannot be overstated. The global economy relies on the seamless flow of goods and services, creating a demand for professionals well-versed in the intricacies of import and export. This article explores
By Rebecca Yeager, Export Solutions Regulatory Blast – Drinking from a Firehose! The recent regulatory landscape is ever changing. In fact, I am finding it hard to stay up to date – and I am what some may say “experienced”! The other day, I told a colleague that I
What started as a passion project in a home kitchen has blossomed into a thriving health and wellness brand. Mark and Manon, the visionary founders of Happy Culture, transformed their love for kombucha into a thriving business. With a focus on crafting delicious, functional beverages, Happy Culture has quickly
