Introduce various basic foreign trade knowledge to you.
Export cost accounting is a systematic analysis of all costs of foreign trade enterprises to determine appropriate quotations and assess risks. This process involves the calculation of direct and indirect costs, logistics, taxes, customs fees, and other related expenses, which helps enterprises formulate export strategies and achieve profitability.
The following are eight common foreign trade payment methods: T/T Telegraphic Transfer, L/C Letter of Credit, D/P Documents against Payment, D/A Documents against Acceptance, O/A Open Account Payment, Escrow Service Confirmed Payment, Paypal Online Payment, Western Union Express Remittance.
The article explores the risks of trading with entities on the US SDN list. It clarifies the differences between secondary sanctions and primary sanctions, and presents the reputational, legal and economic risks that may arise from trading with sanctioned entities. It is recommended that enterprises conduct a full - fledged risk assessment and consultation before cooperating with sanctioned entities.
Domestic Agency Export Process: Comprehensive Analysis and Optimization Strategies
In international trade, the FOB trade term is widely used, in which the buyer is responsible for chartering ships, booking shipping space, and paying freight. However, in recent years, operational and ethical risks of the buyer - designated freight forwarders have occurred occasionally. This article deeply explores the risks under this trade mode and the coping strategies of export enterprises.
The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury maintains and enforces multiple sanctions lists to ensure the implementation of the countrys foreign policy and security objectives. These lists include the Specially Designated Nationals List, the Foreign Sanctions Evaders List, the Sectoral Sanctions Identifications List, etc., aiming to restrict transactions and activities with the listed individuals, entities or organizations.
This article explains in detail the application of formula pricing in international trade, involving commodities such as yellow soybeans, iron ore, copper ore, etc. The content includes the definition of formula pricing, the conditions that must be met, import - related requirements, special precautions and reminders. For enterprises and individuals involved in international trade, this is a comprehensive guide on how to understand and operate formula pricing.
Market procurement trade is a trade method that allows qualified operators to conduct small - scale purchases within a designated market agglomeration area and handle export customs clearance procedures. It solves the problem of small commodity exports, improves trade facilitation, and brings many advantages in tax and foreign exchange management. This article explains in detail the definition, main advantages of market procurement trade, and the market entities that can carry out this kind of trade.
Starting from the definition of processing trade leftover materials, this article elaborates in detail on the differences between leftover materials, defective products, and by - products, and expounds on the relevant regulations regarding the supervision of leftover materials. At the same time, it also provides a practical guide on how to properly dispose of leftover materials, including channels such as domestic sales, return shipments, and destruction.
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