IMPORTER LENDERS EXPORTER

BORROW ERS INTERNATIONAL BUSINESS

MERCHANTS

BANKS

FREIGHT FORWARDERS

LOGISTICS

OVERSEAS REPRESENTA TIVES

EXPORTER
0 He is a person or company or entity that is authorized

by Customs and Govt. authorities to export cargoes to various countries. 0 This is also the party responsible for filing the export declaration with the customs authorities. 0 Exporter need not necessarily be the actual seller of the cargo or the entity actually concluding the deal.

Importance
0 Helps in generating jobs.

0 Increases the FOREX reserves of the nation.

0 Indirectly helps absolute comparative advantage. 0 A firm can further create economies of scale which

should lead to lower cost and hence expansion of profit

IMPORTER
0 Importers solely import goods for resale to other

companies in the distribution chain and take legal possession of goods.

0 Importers/distributors take legal possession of goods

and pay exporters. They are usually obliged under the terms of their agreement with exporters to carry stocks and to provide after sales service where necessary.

Importance
0 0 0 0 0 0 0 0 0 0

Enhance your domestic competitiveness Increase sales and profits Gain your global market share Reduce dependence on existing markets Exploit international trade technology Extend sales potential of existing products Stabilize seasonal market fluctuations Enhance potential for expansion of your business Sell excess production capacity Maintain cost competitiveness in your domestic market

MERCHANTS

0 One whose occupation is the wholesale purchase and

retail sale of goods for profit.

Importance
Making the world a GLOBAL VILLAGE

Freight Forwarders
A freight forwarder, forwarder, or forwarding agent, is a person or company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer or final point of distribution

OVERSEAS REPRESENATIVES
0 Corporates

0 Indian representative's
0 Government officials

Logistics
0 Logistics is the management of the flow of resources between

the point of origin and the point of consumption in order to meet some requirements, for example, of customers or corporations. 0 The resources managed in logistics can include physical items, such as food, materials, equipment, liquids, and staff, as well as abstract items, such as time, information, particles, and energy. 0 The logistics of physical items usually involves the integration of information flow, material handling, production ,packaging , inventory, transportation, warehousing, and often security.

BANKS
0 L/C

0 Pre and post shipment finance

0 Bills of exchange 0 Guarantees 0 Policies 0 Credit rating

BORROWERS

LENDERS