In 2023, a 3-week waiting period for shipment was witnessed at the Port of Singapore, resulting from the non-preparation of the Bill of Lading (B/L) for an Indian textile exporter. The goods were kept on the ground, storage charges were...
Imagine this: Delhi-based electronics importer hired an LCL (Less than Container Load) shipment from China. The supplier gave approximate carton sizes and the freight forwarder estimated 18 CBM. In reality, when measured by the customs, the cargo was just 14...
What is CEPA and Why It Matters to Indian Exporters? The India-Korea Comprehensive Economic Partnership Agreement (CEPA), signed in 2009 and implemented in 2010, is a bilateral trade agreement that offers preferential treatment to Indian goods and services exported to...
![New Foreign Trade Policy [FTP] 2023](https://afleo.com/wp-content/uploads/2023/04/New-Foreign-Trade-Policy-FTP-2023-Important-Highlights.jpg)
In this blog we will understand the main highlights of the new Foreign Trade Policy 2023. Union Minister Shri Piyush Goyal launched the New FTP 2023 on 31 March 2023.The last FTP came in 2015, and now this new FTP...
What do Export promotion schemes mean & Why are they important? As you all know that Exports play a major role in the economic development of a country. More the exports more will be the inward foreign remittance, more jobs...
