Search results
Results from the WOW.Com Content Network
Re-exportation, also called entrepot trade, is a form of international trade in which a country exports goods which it previously imported without altering them. One such example could be when one member of a free trade agreement charges lower tariffs to external nations to win trade, and then re-exports the same product to another partner in ...
Export management companies (EMCs) These are similar to ETCs in the way that they usually export for producers. Unlike ETCs, they rarely take on export credit risks and carry one type of product, not representing competing ones. Usually, EMCs trade on behalf of their suppliers as their export departments. [9] Export merchants
Declaring Agent - A declaring agent is an organisation appointed by a declaring entity to make a declaration on its behalf. A declaring agent may be a freight forwarder or a specialist customs service provider such as Tradenet Services Pte Ltd . Declarant - A declarant is the individual person making the declaration for the declaring agent ...
Offsets can be defined as provisions to an import agreement, between an exporting foreign company, or possibly a government acting as intermediary, and an importing public entity, that oblige the exporter to undertake activities in order to satisfy a second objective of the importing entity, distinct from the acquisition of the goods and/or services that form the core transaction.
“Canada is the U.S.’s largest oil supplier,” he said, noting that “the U.S. generally has balanced trade in oil, but we import a lot because of different grades in the petroleum business ...
A confirming house is a specialised agency that purchases and arranges the export of goods on the behalf of overseas buyers. They finance the movement of goods into the country by offering short-term credit to importers and guaranteeing, or confirming, payment to the suppliers in the suppliers own domestic currency.
China on Thursday said it was adding dozens of American companies to its export control list to "safeguard national security and interests." China's Ministry of Commerce said it would impose ...
Trade commissioner is the title of a government official whose primary duties are to promote international trade agreements and export trade programs on behalf of a national or regional government authority. Such envoys are normally posted abroad, often being permanently resident in the country or region to which they have been assigned, but in ...