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Director`s Speech
The rapid growth of International trade has opened enormous opportunities for
qualified and skilled professional to administrators the Export and Import Process.
National Institute of Foreign Trade, provides online Export Import Course as well
as offline courses also.
While all eyes are on the booming economy of INDIA, are you thinking how to
increase your market share in the competitive market and expand,
International Market, overseas?
About Course:
This course is outlined for those in pursuit of better employment opportunities or
independent Export-Import business. The objective of this course is to acquaint the
participants with Practical knowledge, which would help them to become export-
import executives or to start their own Export-Import business.
Syllabus:
INTERNATIONAL MARKETING:
INTERNATIONAL MARKETING: Global Environment for Exports: Factors
Introduction: Basic of International affecting world trade World Trade Organization
Marketing. Difference between (WTO), UNCTAD and ICC Regional Economic
International and Domestic market. Impact Groupings - EU, LAFTA, NAFTA, SAFTA,
of Globalization, disintermediation and SAARC. ASEAN, etc.
Liberalization on the International market.
Basic Principles of International
India’s Foreign Trade: Balance of payment. Marketing: Market segmentation, Targeting
positioning, Brand Image. Identifying foreign
Recent trends in India's foreign trade.
markets. Sources of Information and importance of
Measures to boost India's foreign Trade. data. Overseas marketing research. Promotion of
products in global markets. Product planning and
Channels of distribution.
Please Note: Assignment is mandatory for appearing final Exam
EXPORT MANAGEMENT:
(Exports Procedures & Documentations, Exports Finance, Banking &
Exchange Regulations.)
Exports Procedures & Documentations: EXPORTS FINANCE, BANKING AND
DEFINITION : EXCHANGE REGULATIONS.
Definition of Export and Import.
EXPORT PRICING:
Understanding an Export Transaction.
Costs Concepts: Fixed, Marginal and
Preliminaries of starting Export Import Variable Costs
Business Export Pricing, Break Even Analysis
EXCHANGE RATE MECHANISM: Cost Sheet for Exports, including
Role of banks in Foreign Trade Freight and Insurance
Transaction International Commercial Terms
Basic Concepts (INCO 2010 &2020)
Outward and Inward remittances in Problems on export Pricing
EXPORT FINANCE:
Foreign Exchange
Preshipment and Post Shipment
Buying and Selling of Foreign Finance
Exchange Export Finance in Foreign Currency
Different types of foreign currency Scrutiny of Export Letter of Credit
rates and Negotiation of documents under
NOSTRO, VOSTRO and LORO LC
accounts Discrepant documents
PROCEDURE FOR STARING EXPORT CREDIT AND GUARANTEE
FOREIGN TRADE ACTIVITY CORPORATION (ECGC)
(Preliminary to start Export-Import Business) DEFERRED PAYMENT EXPORTS:
Setting of an export organisation Suppliers Credit / Buyers Credit
Categories and types of Exports Project exports
EXIM BANK,
Online procedure for obtaining IEC
Its role and functions
and RCMC FACTORING AND FORFEITING.
Identifying and sourcing of the Buyers
in the international market FEMA:
Negotiation with the foreign Introduction to FEMA, Authorized
Dealers
prospective foreign Buyer
Current account and Capital account
Forex/FTP policy provision regarding Transaction
samples and Gifts Rupee convertibility on Current/
Export Order, its scrutiny, processing Capital account
and execution FEMA provisions regarding Exports,
Payment Terms EEFC and Diamond Dollar Accounts
Various methods of settlement of Foreign Currency accounts for
Residents and Non Residents
export/ Import transaction. FEDAI
Documents on collection and Letter of FEDAI Role Functions Rules
Credit, including understand of DERIVATIVES, HEDGING, OPTIONS
UCPDC ETC.
DOCUMENTATION.
Complete export documents, including
principal, auxiliary and regulatory
documents.
Importance of various export
documents
Export Documents and GST
IMPORT MANAGEMENT:
Imports procedures & documentations, Customs Clearance & Freight
Forwarding.
IMPORTS PROCEDURES AND Role of Customs and regulations regarding
DOCUMENTATIONS: imports Indian Customs Act. 1962. Customs Tariff
Act, Filing of Bill of entry. Clearance of cargo at
Definition: Need for Imports. Definition and the time of imports. Valuation and assessment of
meaning of Imports. How to read Import Export goods for payment of customs duty. Method for
Policy and Procedures? calculation of customs duty. Import of Technology,
Drawings and Designs. Import of Samples / Gifts.
Procedures for Imports: Import finance. Opening Imports for personal use & Baggage rules. Imports
of Import Letter of credit. External commercial through post and courier.
Borrowings. Buyers Credit/Trade Credit. Direct
Imports. Retirement of Import documents under Customs Clearance & Freight Forwarding.
an LC or otherwise on collection. FEMA Customs duties.
provision regarding Imports. Customs clearance of export goods.
Customs clearance of imported goods.
GST: Main provisions for Imports / Exports. Project Imports .
Institute (NIFT Mumbai) aims to create awareness to How to Start Export Import
Business, what’s are procedures, required documents to obtaining Import Export
License, How to Identify the Product's, Market for Export.
Online Export Import Course is providing complete knowledge, procedures for Export
Import and provide the right direction to How to Start Export Import Business.
The online Export Import Course. Exports as also the Import are essential for the
economic development of the country. Government also encourage for Export.
Learn online Export Import Course by experts team of faculties, they have more than 30
years in the Industry.
Online Export Import Course. Recognising the need for professionals by the trade and
industry in Export Import.
NIFT Mumbai offers online & contact classes for Export Import Course.