...Regulatory Procedures Customs Clearance Procedure for Exports Prepared By: Policy Planning & Strategy (Revised on July 15, 2002) Small and Medium Enterprise Development Authority Government of Pakistan www.smeda.org.pk HEAD OFFICE Waheed Trade Complex, 1st Floor , 36-Commercial Zone, Phase III, Sector XX, Khayaban-e-Iqbal, DHA Lahore Tel: (042) 111-111-456, Fax: (042) 5896619, 5899756 Helpdesk@smeda.org.pk REGIONAL OFFICE PUNJAB Waheed Trade Complex, 1st Floor, 36-Commercial Zone, Phase III, Sector XX, Khayaban-e-Iqbal, DHA Lahore. Tel: (042) 111-111-456 Fax: (042) 5896619, 5899756 helpdesk@smeda.org.pk REGIONAL OFFICE SINDH 5TH Floor, Bahria Complex II, M.T. Khan Road, Karachi. Tel: (021) 111-111-456 Fax: (021) 5610572 helpdesk-khi@smeda.org.pk REGIONAL OFFICE NWFP Ground Floor State Life Building The Mall, Peshawar. Tel: (091) 9213046-47 Fax: (091) 286908 helpdesk-pew@smeda.org.pk REGIONAL OFFICE BALOCHISTAN Bungalow No. 15-A Chaman Housing Scheme Airport Road, Quetta. Tel: (081) 831623, 831702 Fax: (081) 831922 helpdesk-qta@smeda.org.pk Customs Clearing Procedure for Export Policy, Planning & Strategy TABLE OF CONTENTS 1. Introduction to SMEDA 2. Role of Policy Planning and Strategy Group 3. Custom Clearing Process for Exports 4. Flow Chart Custom Clearing Process of Exports 5. Annexes: Sample Forms & Certificates 02 02 03 05 06 1 Customs Clearing Procedure for Export Policy, Planning & Strategy Introduction of SMEDA The Small and Medium...
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...Top 10 Import/Export Business Ideas That Work By Dave Bui Small businesses in the import/export arena first need to identify the products or services they want to carry. Here are the top 10 import/export ideas you can start on immediately: 1. Food products: The easiest option for export is food-related products. It is easy to find companies that manufacture food products locally for domestic consumption. Many of them never export. If the products are of good quality, you can link up with them and export a part of their produce. 2. Clothing: This is a year-round business, where demand never dries up. Specialized clothing, particularly for women, makes for a great import-export business. If you have access to unique dyeing techniques, printing styles and embroidery methods, you will have a very profitable import-export business. 3. Jewelry: As with clothing, there is always a market for jewelry around the globe. Customized jewelry, ethnic jewelry, handcrafted jewelry make for excellent import/export products. 4. Toys: This is yet another category where there is perennial demand. There is a cultural component associated with toys and, as with jewelry, people are often willing to experience for themselves the trends prevalent in other nations. The matryoshka (“nesting”) dolls of Russia, the cane and bamboo toys of India, the kendama (ring-and-pin toy) of Japan, the piaji (kids’ game) and the yo-yos of China are very popular and are also a sound business idea for import/export...
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...International business development – what are the considerations? Robert G. Watters Introduction There are now many companies in various business sectors which can be classed as global operators. Coca-Cola, McDonald’s, Avis, IBM, Sony and Ford are ideal examples of worldwide brands. There are also many other companies which have decided to expand their marketing operations by going into new markets abroad because they are confident they can compete, although they could not be truly classed as global operators. Marks & Spencer with their move into France and Aldi’s move into the UK are examples. Global operators The financial services sector has no worldwide brands and has even lacked this extensive expansion across borders because, while some of the considerations, such as management control and language, are the same as other business sectors, others, such as legislation and regulation, are unique to this sector. Perhaps the relative importance of these factors has limited expansion and contributed to why there are no truly global financial services brands, although there are some noticeable success stories in companies like General Electric USA, through their financial subsidiary, GE Capital Services, which has successfully expanded by using, or creating, local brand names in niche markets. This expansion consists currently of 13 businesses in Europe providing financing, leasing and loan servicing for capital equipment and speciality insurance for the business market plus...
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...the chosen goods could or should be exported to that particular country? Export is the goods that we send to overseas or outside our own country or home country. Export are the most easier and less risk if someone new to business want to explore and upgrade their market. As for me, I choose to export fish to Jordan. It is because this country until nowadays still dependent on exports especially export in mining-based product and this country’s export earnings is really vulnerable to world markets so it will make my company more easier to come into world market share. Jordan also one of country that their market really sophisticated and really promising to get profit. They have a lot of strength that can attract company to export product to Jordan. One of that strength is they have large supply of natural resources especially in their wealth in metals and minerals such as a strong demand from other country. Addition, my product is such as Halal product that there would be no problem for my product to come into this country and other countries also. Next, this country’s economy really well establish and their infrastructure also kind of modern. Their infrastructure really world class. Not only their modern transport network, but they are also widely available energy and sophisticated telecommunications facilities. Price of product that export to Jordan cheaper than their own product. So if I export my product to this country I will get more profit by increase a little bit...
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...CHAPTER ONE - INTRODUCTION 1.1 BACKGROUND 1.2 OBJECTIVES 2 2 3 4 4 5 5 5 6 7 11 12 CHAPTER TWO - THEORETICAL ASPECTS 2.1 2.2 2.3 2.4 2.5 2.6 2.7 INTERNATIONAL TRADE – EXPORT & IMPORT LICENSING FRANCHISING JOINT VENTURES ACQUISITIONS FOREIGN SUBSIDIARIES FDI IN INTERNATIONAL BUSINESS CHAPTER THREE – BANGLADESH PERSEPECTIVE 3.1 INTERNATIONAL BUSINESS MODES USED IN BANGLADESH CHAPTER FOUR - CONCLUDING REMARKS 4.1 CONCLUDING REMARKS REFERENCES © Ferdous Mahmud Shaon, Student ID: 12164052 1|P age CHAPTER 1 - INTRODUCTION BACKGROUND If we spend a day looking around us, the importance of international business will become very obvious. We don't have to look far to see this. For example, if we have a mobile phone or MP3 player, then we can quickly find out at where they were made. What about the computer that was used to prepare this article, or the printer that was used for printing? When we eat, how much of the food we consume was actually produced in Bangladesh? In short, our lives and living standards are heavily influenced by the amount of international business and trades, we conduct with the rest of the world. Due to remarkable initiatives in regard of financial and trade liberalization over the last three decades, there has been remarkable increase in the volume of international business and trades. In Bangladesh, the policy of trade liberalization & free market economy in the 1980s has created both challenges and opportunities for our economy. Bangladesh...
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...CHAPTER - 7 Export procedure and documentation Export business occurs between two independent nations for expanding business there are some rules that have to follow. Accepting orders from abroad the sellers send their products with a traditional system under this rule. In this case the sellers are treated as exporter. There are various persons, government or non government organizations are involved with export business at present. These persons or organizations are divided into two criteria based on their nature and functions. Such as direct and indirect export. The direct exporters send their manufacturing products abroad themselves. Some companies run their export management system by setting dealers in abroad. In export business the intermediaries are treated as indirect exporters. These classes of exporters do not manufacture any product but export. Most of them complete the direct export exporting by buying products from home market after receiving orders. They are known as export merchant. Again many exporters work as a percent agent. Many intermediaries export product by making contract with manufacturers. They seek for foreign buyer on behalf of the exporters and take orders. They are known as manufacturers export agent. These kinds of exporters also take commission from buyers if they get chance. It is not the matter the exporters are treated in which name they have to do business of course under the international rule and regulations....
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...Chapter THIRTEEN Export and Import Strategies Objectives • To introduce the ideas of export and import • To identify the elements of export and exporting strategies • To compare direct and indirect selling of exporting • To identify the elements of import and import strategies • To discuss the types and roles of third-party intermediaries in exporting • To discuss the role of countertrade in international business Chapter Overview The first part of Chapter Thirteen is devoted to an examination of export and import strategies. Table 13.1 identifies the steps to consider when developing an export (or import) business plan. Next, the roles of a wide variety of third-party intermediaries are discussed. The chapter concludes with a discussion of the major issues related to export financing, including the use of countertrade as a form of payment mechanism. Chapter Outline OPENING CASE: Grieve Corporation—A Small Business Export Strategy A small firm located near Chicago, Grieve Corporation manufactures laboratory and industrial ovens, furnaces, and heat processing systems for the U.S. market. Grieve began losing business as (i) foreign competitors began to penetrate the U.S. market and (ii) its customers began to move overseas and started sourcing locally. With the help of the International Trade Administration of the U.S. Department of Commerce, Grieve was able to identify potential Asian distributors. During a business trip to Asia, the...
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...this small company of 1958 turned into a publicly listed diversified group of companies and employing more than 12,000 people. The current yearly group turnover is 300 million USD. And now Square Pharmaceuticals Limited is the largest pharmaceutical company in Bangladesh and it has been continuously in the 1st position among all national and multinational companies since 1985. It was established in 1958 and converted into a public limited company in 1991The sales turnover of SPL was more than Taka 7.5 Billion (US$ 107.91 million) with about 16.92% market share (April 2006– March 2007) having a growth rate of about 23.17%. B. Background of the Export: ➢ When, Why & How Square Pharmaceuticals stared its export business? They stared their business in 1987. They are the pioneer of this sector. They started their export business with some definite objectives like to ensure company’s growth, to engrave opportunities, to earn foreign currency and along all with these to increase the overall market image. At the very beginning the found their demand in Nepal, Myanmar and USA. Thus they started their...
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...the unsaturated field of Export & Import by providing its best of the best knowledge and experience by its dedicated expertise for preparing good quality Exporter and Importer in the International Market and hence contributing to build up an asset pool for the country and the Industry. IIIEM believes in the field of International Business only a strong knowledge base coupled with conceptual clarity and execution skills can ensure desired results as required by the Industry. The Key drivers always tries to enhance teaching module by giving careful attention to each of the individuals relating technical, regulatory and practical issues. Therefore IIIEM Team makes an effort to enhance and expand the global opportunity to all individual by way of providing "Diploma in Import & Export Management Course (DEIM)" in regular courses but has also started initiative by Launching "Distance Learning Module (DLM)". Diploma in Export & Import Management (DEIM) - Regular CourseIIIEM is a renowned name in providing the whole cycle of Import & Export with researched innovative Practical Training and Port Visit. The curriculum of Diploma in Export Import Management includes the following: Topic 1: Basics of International Trade & Export Marketing | * International Trade Basis Selection of Product for Export * Export Pricing * Packaging and Promotion * Distribution Export Correspondence * Negotiation * Setting up of your own export business-Trade Cycles * Market...
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...Export – Import PROCEDURES AND DOCUMENTATIONS | | | | | Acknowledgement I am very glad to prof. Rita Khatri for giving me such a knowledgeable project. It was an immense pleasure to work on this project. In this project I acquire knowledge of online advertising . I am also hoping for such good and knowledgeable projects in future also. Thank You…. EPC (Export Promotion Council) The Export Promotion Councils are non-profit organisations registered under the Indian Companies Act or the Societies Registration Act, as the case may be. They are supported by financial assistance from the Government of India. Role The main role of the EPCs is to project India's image abroad as a reliable supplier of high quality goods and services. In particular, the EPCs encourage and monitor the observance of international standards and specifications by exporters. The EPCs keep abreast of the trends and opportunities in international markets for goods and services and assist their members in taking advantage of such opportunities in order to expand and diversify exports. Functions The major functions of the EPCs are as follows: 1. To provide commercially useful information and assistance to their members in developing and increasing their exports 2. To offer professional advice to their members in areas such as technology upgradation, quality and design improvement, standards and specifications, product development and innovation etc. 3. To organise...
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...FASHION EXPORT MERCHANDISING National Institute of Fashion Technology, DELHI M.F.M Semester 2 EXPORT INDUSTRY OF INDIA Submitted to – Ms Jasmine Dixit Submitted by – Kranti Wadmare Meghna Kumar Rahul Kumar Rounak Siraj Parul Dang EXPORT INDUSTRY OF INDIA Exports from India amounted to US$317.5 billion during 2014, up 44.1% since 2010. India’s top 10 exports accounted for 60.5% of the overall value of its global shipments. Based on statistics from the International Monetary Fund’s World Economic Outlook Database, India’s total Gross Domestic Product amounted to $7.376 trillion in 2014. Therefore, exports accounted for about 4.3% of total Indian economic output. Given India’s population of 1.252 billion people, its total $317.5 billion in 2014 exports translates to roughly $254 for every resident in that country. India’s unemployment rate was 4.1% in 2014. Sectors 1. Primary: Agriculture and mining (CIL , National mineral development corporation) 2. Secondary: Industry (Tata motors, Sun pharma industries, Indian Oil Corporation) * Petroleum products and chemicals * Pharmaceuticals * Engineering * Gems and jewellery * Textile * Mining 3. Tertiary: Services (Oracle TCS,Infosys) * Energy and Power * Infrastructure * Retail * Tourism * Banking and finance * Aviation * Information technology COMPOSITION OF EXPORTS Commodity group ...
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...Business Investments Brazil’s diversity places it in a position of distinction in the South American continent and strongly influences the attraction of foreign investment. It is the fifth largest country on the planet, with a population of 180 million inhabitants, responsible for a very promising, predominantly urban, market. The country has the possibility to overcome the situation of exclusion from the digital world for a large portion of its population (approximately 28 million Brazilians have internet access, the highest rate in Latin America), due to an increase in telephone services, particularly in the case of prepaid mobile telephones. In addition, the development of a specific model of digital television makes the Brazilian market a gigantic laboratory for the use of applied technology. Furthermore, Brazil has the largest and most diversified system of science, technology and innovation in Latin America, a result of the accrual of accomplishments in the last 50 years, which include the capacity for oil prospection in deep waters and the ability to build aircrafts. Furthermore, the country invests in space and nuclear programs, as well as in new areas currently at the border of knowledge, such as nanoscience, nanotechnology and biotechnology. Infrastructure and partnerships Within the area of infrastructure, due to the urgency in the social agenda, the demand for modernization is shared between the State and capital from the private sector, in initiatives...
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...ABSTRACT The objective of this group project is to study the company to deal and manage the export activity within the foreign country. From the project will be discussed the incentives and activities to operate in export processing zone (EPZ) and what mode of transport available and suitable to use for sending the product. Besides that, type of packaging the herb for export to India and the main office activities and export market entry strategies to India also discovered in the project. The last part of the discussion in our project is discussed the export financial, all the export documentations and export procedures involved in the exporting activity. 1.0 COMPANY BACKGROUND Dherb is a one of the famous herb company in Malaysia. Dherb holding established in September 2010 and operates on a small scale for 2 years. Dherb holding founded by Dato’ Shazana binti Amiruddin. After 2 year operation, D'Herbs have now become a brand that has captured the hearts of consumers either in Malaysia, Singapore and Brunei with the operation formally in Wisma D'Herbs in Kota Damansara and our aim to become one of the famous brands in health and state nationalized neighbors and our goal to worldwide. In the year 2012, was the peak year for D'Herbs products in which we have under Label Company Berhad. We have developed our business by opening several branches around the country. With the opening of new branches,it will be easier for the customers to find our health products. So far, the...
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...The Australian Industry Group Business prospects in 2013: Australia’s gap year? februAry 2013 national CEo survEy: Principal contact person for this report: Julie Toth Chief Economist THE AUSTRALIAN INDUSTRY GROUP Direct Tel: (03) 9867 0124 Julie.Toth@aigroup.asn.au This report was produced with financial support from the Government of Australia’s Productivity, Education and Training (PET) Fund. © THE AUSTRALIAN INDUSTRY GROUP, 2013 The copyright in this work is owned by the publisher, The Australian Industry Group, 51 Walker Street, North Sydney NSW 2060. All rights reserved. No part of this work covered by copyright may be reproduced or copied in any form or by any means (graphic, electronic or mechanical) without the written permission of the publisher. ISBN 978-1-921768-44-6 2 Ai Group National CEO Survey 2013 Business prospects in 2013 Australian Industry Group National CEO Survey Business prospects in 2013: Australia's gap year? Ai Group National CEO Survey 2013 Business prospects in 2013 3 Key messages Business prospects in 2013: Australia's gap year? The Australian economy is going through significant change, with multiple, long-term forces restructuring our economy (such as global growth shifts and our own demographic changes), and ongoing challenges in our immediate outlook (such as the high Australian dollar and our relatively high business cost base). Recent drivers of growth are waning, with capital investment by the mining industry due to peak soon...
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...TEJGAON COLLEGE, DHAKA 16, INDIRA ROAD, FARMGATE, DHAKA-1215. [pic] Term Paper Title of The Topic “Foreign exchange operation Brack bank ” Submitted to Fatema Hussain Assistant Professor Department of “Finance & Banking” Submitted by K. M. Rajab Ali. Roll Number : 957 8150 Session:2009-2010 Chapter One Title of the Report Chapter Two Introduction Introduction [pic] As a part of my under Graduation program, I have completed my internship in a renowned financial institution named South East Bank Limited. This internship report on South East Bank Limited, Narayanganj Branch is prepared to fulfill the partial requirement of the internship program, a full credit subject of the BBA program of the University. Bank can be termed as iron cell of blood in a financial system of a country. In Bangladesh today financial sector is one of the most established areas in the macroeconomic sector. Banking is a pillar of economy that is guided by laws, rules, regulations and practices. The main objective of the banking industry is to collect deposits from the people and to invest that money in the form of loans and advances to businesses...
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