Author Description

Ancient India was a hub for international trading accounting for a large chunk of overall international trade in the world. Somewhere down the line, 'country' lost its apex position in the world trade share. Today India is trying hard to regain its lost glory at least in the international maritime trade. This book is a text written in most simple language for sharing personal experiences and knowledge earned through the author's long career in international business, with anyone who wishes to set up exports and imports business in India. The book contains everything a new international trader must know, including international trade procedures and documentation commonly used in India. The book also contains useful sources of international information and help, a new exporter requires. The book can also be good reference book for seasoned exporters and importers to understand the concepts and significance of important exports and imports documents. As a simplistic account of international business environment, international practices, international shipping practices and international payment methods, this book may also be suitable for IB students at post graduate level. Several theoretical and practical aspects of international trading, trade theories and practices are also explained pictorially also wherever possible. The book also contains frequently asked questions at the end of each chapter where the questions relate to common doubts a new exporter are answered. Back of the book index contains important links to the pages containing important topics covered in this book. The chapters are arranged in a manner that a new international trader will be well prepared for subsequent chapters once the previous chapters have been understood by him. The book also refers to several Acts and Regulations in India which govern the exports, imports, shipping, customs, banking, and risk management apparatus in the country. These 'Acts' have their own history of promulgation and