Letter of Credit Letter of Credit is a method of payment in international trade where the bank undertakes to pay the transaction amount on behalf of the seller by opening an account by the buyer. In most of the international transactions, where it is not possible to transfer goods and

Role of Customs in International Trade Role of customs in international trade, as the first and most important authority that enforces trade laws and regulations, especially foreign trade, along with other economic enterprises such as banks and service centers such as insurance offices and transport companies, has a very effective

Evaluation Export Readiness Evaluation export readiness means that every country must measure its export readiness before entering the export field. On a smaller scale, before exporting, any company should check the necessary infrastructure and criteria for the export process. If we are faced with limitations and lack of global standards

Customs Clearance Customs clearance is one of the most important issues faced by companies active in the field of export and import. Carrying out this process requires learning various laws and regulations in this field in different countries. Because in case of any carelessness and lack of proper action in

Familiarity International Transportation Terms Familiarity international transportation terms is essential before entering the field of export and import. Lack of familiarity with these terms can cause us many problems. But this does not mean that familiarity with all terms in this field is essential. rather simply getting to know more

Invoice Document The invoice document is one of the documents known as the shipping document in the field of international transportation. In general, shipping documents are documents that exist as goods identification in the process of foreign trade exchanges. Since the information related to the goods is stated in the

Business English Language Business English language, contrary to what the general public imagines, does not include points that are extra and different from ordinary and colloquial English. If we consider the common English language as a whole and branch, or Commercial English Language will be a subset of it. In

 Competent Court in International Contracts Determining the competent court in relation to the disputes arising from international contracts is an example that during the execution of the contract or in its correct fault, we have a dispute and contradiction. The importance of determining the competent court is due to the

International Marketing International marketing is defined as a series of operations that are carried out using marketing principles to create a suitable platform for introducing, promoting and offering goods and services at the global and cross-border level. Such activities are designed and implemented according to the interest of people in

Signing International Commercial Contracts: 14 Hints (Part 1) Favorable business contracts are contracts that are entered clearly and transparently. In these contracts, various conditions and issues should be stated and predicted as much as possible. In entering a commercial contract we must pay attention to various legal, technical, formal and