Tuesday, October 13, 2020

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 creditbill of lading etc. are some of them. This applies for international businessfreight 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.

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