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The Import/Export Process

The Import/Export Process. The Import/Export Process. The import/export process contains additional and more complex elements than local trade, and more parties are involved in the process.

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The Import/Export Process

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  1. The Import/Export Process
  2. The Import/Export Process The import/export process contains additional and more complex elements than local trade, and more parties are involved in the process. The involvement of a number of parties, including specialists, helps to ensure the efficiency and effectiveness of the entire process and eases the burden on importers and exporters.
  3. International freight movement cycle
  4. The Import/Export Process The major elements involved in international trading include: contract of sale (or agreement); foreign currency; export packaging; export formalities; local export cartage; documentation; cargo Insurance; international freight (air & sea); customs regulations and taxes; quarantine regulations; local import cartage; costing.
  5. The Import/Export Process The parties involved in the process include: importers; exporters; freight forwarders; carriers – shipping line/airline; customs brokers; insurance companies; government customs services; government quarantine inspection services; government export trade agencies; banks or other financial institutions.
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