Programme on "Third Country Export (Merchanting Trade) & Export Credit Guarantee Corporation (ECGC)

Date / Time : 30/06/2017, 10:00 AM To 6:00 PM
Organized By : MACCIA
Content

TheImportance of Third Country Export (Merchanting Trade)

 

Several times, it happens that wewish to import certain goods from country “A” and sale the same product as itis in country “B”. This involves the activities of import & export bothtogether.  Many people refer this type of transaction as “3rd Countrytransaction”. Multinational company has coined this transaction as “DropShipment”.

 

There are various aspects of thetransaction, which need to be understand more in detail. This transaction isdistinct then mere import or mere export. It is a combination of both.   This transaction is technically known asMerchanting Trade.

TheImportance of Export Credit Guarantee Corporation (ECGC)

 

ECGC is Government of India’sundertaking.  It aims to insure the risk of credit in the exportbusiness.  Due to competition and market condition it becomes some timeessential to give credit to the overseas buyer for getting business.  Creditsgiven are not free from the risk.  ECGC issues various policies to coverthe probable risk of credit granted to overseas parties.  


 

Address 1 : MAHARASHTRA CHAMBER OF COMMERCE, INDUSTRY & AGRICULTURE Oricon House, 6th Floor, K.Dubash Marg, Kalaghoda,
Address 2 :
City : Mumbai
State : Maharashtra
Country : India
Pincode : 400001
Email Address : madhuri@maccia.org.in
Web Url :
Downloads                  : BROUCHER FOR EXPORT INCENTIVES 06.01.15.pdf
REGISTRATION FORM.docx