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Description

International trade is an economical activity between countries/companies. Every country has own business culture, currency and economical system. This system requires some documents. These documents may change based on the country, regulations and means of transportation. Trade agreements between importer and supplier or between countries require documents to protect both sides’ rights during trade. These documents fall under 5 groups to apply these different regulations systematically. The trading community over the globe have created and maintained a systematic method for the transfer of documents of the goods in international trade and international banking system. Documentation in foreign trade is designed in such a way to ensure that the exporter will receive payment and the importer will receive the merchandise.This course is designed to understand the documentation process & usage of these documents in various trade transactions.

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