FINANCING FOREIGN TRADE

In 1991, the new economic policy was introduced in India. It is known as the LPG – Liberalisation, Privatisation and Globalisation.The introduction of this policy led to the increase in International trade. There are various sources of finances which guarantee to provide with finance help to the individuals involved in Foreign Trade. In order to take finance help from banks, they provide the borrower with the short, medium- and long-term finance. By fulfilling all the terms and conditions and by following rules, banks agree to finance Foreign Trade of the participant. Various facilities are also offered by the Commercial banks in India.

Interestingly, concessions and priority facilities are provided to the established Exporter through ‘Gold card’. The eligibility and features of the gold card are explained in this session. The webinar session explains in details about how banks are processed to finance Foreign Trade and other schemes.

Foreign Trade stands as the backbone for most important Logistics businesses. The financing of such trade is done through various sources. Letter of credit can be issued to trusted business organisations. Various other sources for funding the foreign trade are also available. The Importer and Exporter can choose from them accordingly. These documents come handy in processes such as Customs Clearance.

The webinar session organised by JBS Academy on Financing Foreign Trade engaged by Professor Kishor Bhatt, an operational banker and a trainer with 54 years of experience. He is Chartered Member of The Chartered Institute of Logistics and Transport, London. Currently, he is working as a consultant in International Business. Mr. Bhatt has penned more than 22 books in English, Gujarati in the area of International Business and wrote articles for the various magazines and publications. He organised number of training programmers and gave lectures in International Business at various training institutes.

Webinar was attended by 81 students; it was very informative session where the students got to learn things which can play a key role in their success. Students raised their questions and were answered accordingly. The recorded webinar is available on YouTube.

To contact the experienced professional of Import-Export you can contact the team of JBS Academy at www.jbsacademy.com or chat with them on, info@jbsacademy.com team of professionals are always ready to answer all your questions and guide you for the best.

DOCUMENTS IN FOREIGN TRADE

India, from the past few decades has shown its capabilities to the whole world, India is recognized as a developing country and has the 5th largest growing economy in the world. The Indian economy is the fastest-growing economy in the world. More and more startups are initiated and. Globalization has played key role to initiate International Business between different countries which inspired Indian Businessmen and Entrepreneurs to enhance Foreign Trade as to double their profits. Bilateral relations between counties also help in the transfer of technology and enhance trade between countries.

If International Trade/Foreign Trade is encouraged, then it will result in increasing the Imports and the Exports. Many businessmen want to contribute to the Foreign Trade, but they are not aware of the documents or procedure which is required in the International Trade. They come across questions such as: How Import or Export is done? What is required in importing and exporting? What are the documents which are required? If I don’t have such documents will I be able to Import/Export?

 Before importing or exporting an individual must have the complete knowledge about which documents are required. Complete information can help the Importer or the Exporter from the obligations and problems. There are quite a lot of important documents one needs to be aware of, before import and export procedures. Letter of credit, bill of lading etc. are some of them. This applies for international business, freight forwarding and transport of goods through air and sea mode of transportation too.

Understanding the needs, a leading expert in Logistics JBS Academy Pvt. Ltd scheduled a webinar on International Business- Document in Foreign trade, discussing complete information about which documents are required in Foreign Trade, which are important documents and how to avoid obligations.

The webinar session organized by JBS Academy on Letter of Credit engaged by Professor Kishor Bhatt, an operational banker and a trainer with 54 years of experience. He is a Chartered Member of The Chartered Institute of Logistics and Transport, London. Currently, he is working as a consultant in International Business. Mr. Bhatt has penned more than 22 books in English, Gujarati in the area of International Business and wrote articles for the various magazines and publications. He organized a number of training programs and gave lectures in International Business at various training institutes.

The webinar was attended by 291 students; it was a very informative session where the students got to learn things that can play a key role in their success. Students raised their questions and were answered accordingly. The recorded webinar is available on YouTube.

To contact the experienced professional of Import-Export you can contact the team of JBS Academy at www.jbsacademy.com or chat with them on, info@jbsacademy.com team of professionals are always ready to answer all your questions and guide you for the best.

DIFFERENCE BETWEEN A JOB AND A CARRER

We all remember, when we were in our childhood days, our parents advise us to study hard, scoring good marks will help you to get a good job with good salary, and good job will give you a successful and secured career. Nobody talked about passion, is getting good job and good salary is the only parameter to judge whether you have a successful career or not? Does passion play any role in your success?

Everyone wants to have a job will good package, lavish lifestyle, purchasing capacity and a peaceful life. Every few people know the difference between a job and a career, understanding in which field you have passion is an art, passion can take you to the heights of success with a peace of mind and interest in the work you do.

We are familiar with these words from so long, but are we able to understand the difference between a job and a career and how passion creates a key difference for success?JBS academy an organization a leading expert in Logistics, which has been training and guiding students for their successful career for decades, scheduled a webinar answering all questions and discussing difference in job and career and importance of passion.

Logistics is one of the fastest growing sectors in India. The Export-Import industry has never been better. There are a lot of interesting areas that one can focus in, such as Customs Clearance, Customs Brokers, International Freight Forwarding and many more. JBS Academy provides the best opportunity to make your passion a reality through specialized courses in Logistics and Export-Import.

Ms. Alka Maheshwari, a reputed corporate as well a soft skill trainer since 1999, shared her valuable experience and addressed students. Students felt connected, as the session was addressed by such experienced faculty and talked about the basics which can help you to get a successful career. Ms. Alka being an experienced professional know what all questions do students encounter with.

Webinar was attended by 76 students; it was very informative session where the students got to learn things which can play a key role in their success. Students raised their questions and were answered accordingly. The recorded webinar is available on YouTube.

To contact the experienced professional of Import-Export you can contact the team of JBS Academy at www.jbsacademy.com or chat with them on, info@jbsacademy.com team of professionals are always ready to answer all your questions and guide you for the best.

FACELESS CUSTOMS

‘Change not with the change, but before the change’.

Today, we are facing various crises and to deal with this, change is what we are looking for. To improve the trade facilitation, Central Board of Indirect Central and Customs has enacted various acts and reforms. The goal is to ensure revenue collection, enforcement of laws and to ease the acts of doing business.

Digitisation will be the future and to develop it, various initiatives have been taken by the government. Uploading the documents and other related papers online, so that it becomes easier for the authority to deal with the situation. This is how India will be making its way for the development. The government is trying to initiate various developments so that in future India’s ranking in doing business could come under 50 ranks.

Faceless Customs will be our future and government has assured that such Customs should become our way to lead the country. The webinar session will be explaining in detail about the Faceless Customs and how government is dealing with this.

It is of utmost importance for Importers and Exporters to keep up with the ongoing digital developments taking place in the Logistics and Import-Export sector. Every processes starting from customs clearance to document verification, are going to go completely faceless.

The webinar session organized by JBS Academy on Faceless Customs was engaged by Dr. Darshan Mashroo,Logistician with over 15+years’ experience. He has experience in Export–Import, Customs Clearance, Freight Forwarding, ODC & Heavy Cargo Handling / Transportation. Dr. Mashroo has specialized in Customs Clearance, ODC & Heavy Cargo Handling /Lifting / Transportation, Ocean Freight, Consolidation Programs, Air - Commercial Carriage, Warehousing & Distribution Projects, Time sensitive Movement, and Life Saving Drugs & Express Pharma Logistics. He is a visiting faculty and guest lecturer at Gujarat University, Ahmedabad Management Association, JBS Academy and many other institutes.

Webinar was attended by 232 students; it was very informative session where the students got to learn things which can play a key role in their success. Students raised their questions and were answered accordingly. The recorded webinar is available on YouTube.

To contact the experienced professional of Import-Export you can contact the team of JBS Academy at www.jbsacademy.com or chat with them on, info@jbsacademy.com team of professionals are always ready to answer all your questions and guide you for the best.