The global economy has had a tough time in the 2020s. In March, most countries were locked down because of COVID-19, messing up the supply chain for two years. When things were getting better, another problem came up with Russia invading Ukraine in February 2022. The European Union and other countries put restrictions on Russia,… Read More »
In the dynamic world of international trade, choosing the right market for your export-import business is a strategic decision that requires careful consideration of various factors. Whether you are a seasoned exporter looking to expand your reach or a newcomer exploring global opportunities, the success of your venture hinges on selecting the right market. In… Read More »
Have you heard of RoDTEP? It’s like a special treat for Indian exporters! RoDTEP, which stands for Remission of Duties or Taxes on Export Products, was introduced by the Indian government to make exporting goods more profitable. The scheme was implemented on January 1, 2021. The main goal of RoDTEP is to help exporters by… Read More »
Whenever you’re dealing with any commercial goods, whether you’re bringing them into a country or sending them out, you have to go through a process called customs clearance. In a nutshell, it’s like getting permission from the government to move your stuff in or out of the country. Now, this customs clearance thing involves a… Read More »
ECGC formerly known as the Export Credit Guarantee Corporation of India is a government-owned agency in India that helps protect Indian exporters and banks from risks associated with international trade. It’s part of the Ministry of Commerce and Industry and has its headquarters in Mumbai, Maharashtra. The main goal of ECGC is to support and… Read More »