Foreign Trade Procedure and Documentation course:
-
Understanding International Trade Framework
- Explain the fundamentals of international trade, trade policies, and the regulatory environment.
-
Export-Import Procedures
- Describe the step-by-step procedures for export and import transactions, including licensing, registration, and documentation.
-
Trade Documentation
- Identify and prepare key trade documents such as invoices, bills of lading, letters of credit, and certificates of origin.
-
Payment and Financing Methods
- Evaluate different international payment methods (LC, advance payment, open account, etc.) and trade finance instruments.
-
Customs and Regulatory Compliance
- Analyze customs procedures, duty structures, and compliance with foreign trade policies, including export incentives.
-
Risk Management in International Trade
- Assess risks in foreign trade and suggest appropriate risk mitigation strategies, including insurance and hedging techniques.
-
Foreign Exchange and INCOTERMS
- Interpret the impact of foreign exchange rates on trade and understand the application of INCOTERMS in contracts.
-
E-Trade and Digital Documentation
- Discuss the role of digitalization in trade documentation, e-commerce platforms, and trade facilitation tools.