As more customs bonded warehouses spring up around the globe, exporters are in a good position to benefit from this counterparty performance and credit risk management tool.
In the autumn 2009 issue of DCInsight, Haluk Erdemol tackled on board notations as they apply to a B/L and multimodal transport documents (multimodal bills of lading). This is perhaps the most controversial issue that has emerged in UCP 600 so far, and his article was an excellent contribution to the ongoing debate, which hopefully will be resolved some time soon. Here I would like to add some personal comments. Bill of lading First, it is unfortunate that this confusion took place, as it was, in my view, clearly avoidable.
Nigeria is an emerging economy with high growth potential. Unfortunately, most of it remains untapped due to many exportable commodities being neglected, as the federal government’s main focus is the exploration and exportation of crude oil. In addition, the government and financial institutions have so far given little or no attention to developing commodity export in terms of policy implementation and export financing, respectively.
It is apparent that business can fail – over time – due to declining profitability. Furthermore, failure can stem from a lack of readily available cash, and poor short term cash flow can be ruinous, irrespective of whether or not the overall business is profitable.
In many cases, the biggest dilemma facing a company considering employing e-Learning as a tool to train staff is how to justify the cost of such an approach.
Within the context of International Trade and Finance training, without doubt e-Learning delivers more training benefits to more people for the lowest training investment. E-Learning, if it is done the right way always saves time, money, resources, and delivers measurable, tangible results.
Interest in India has never been greater. Here CP Balachandran, one of the subcontinent’s most respected trade finance bankers, offers precious insights into this complex, multifaceted land, which despite its dazzling diversity of languages, customs, and cultures remains more than 60 years after its founding the world’s largest democracy. He describes the vast changes that have transformed this once sleeping giant into a world leader in science and technology, a nation once poverty stricken that now boasts a middle class of over 300 million people, as large as the entire population of the United States!
Many young people embark upon a career at sea ill-equipped to cope with the academic rigours awaiting them at nautical college, especially in terms of tackling the level and type of mathematics required!
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