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This course covers import documentation and procedures, commercial considerations, the importance of your purchase order, calculating VAT and duty, and how to reduce import customs clearance delays.
Introduction to International Trade This module provides a foundational understanding of the development and significance of international trade, focusing on the UK's trade strategy and its global role. Participants will explore key topics such as trade definitions, the World Trade Organization (WTO), the evolution of customs, and major post-WW2 trade developments. Additionally, the module covers the UK's entry into and exit from the EU, and the current UK Digital Strategy for International Trade. **Agenda Highlights**: - Definitions and importance of international trade - Overview of the WTO - Customs fundamentals - Post-WW2 global trade growth - Impact of EU membership and Brexit - UK Digital Strategy for international trade growth
This workshop covers the five main types of payment for exports, from advance payment to open account. It includes the use of Bills of Exchange with and without documents