Workshop Overview:

Imports and Exports involve a lot of technicalities because these take place between two countries, under different situations, rules and regulations and culture. As such, export-import transactions call for proper understanding and in depth knowledge of various technical aspects including Letters of Credit Operations. To learn these theoretical aspects and for sharing of many other practical details about imports, exports and documentation from the experience of a professional - executive the training has been arranged. Objectives of the Workshop : After completion of this training the participants would come to know: ·         Why and how domestic trade and international trade differ ·         Different International Trade Payment methods ·         ICC rules that are applicable to international trade (Imports-Exports): -               Incoterms -2010 -               URC -522 -               UCPDC-600 ·         Introducing Letters of Credit - its meaning & types. ·         Role and responsibilities of the parties involved. ·         Detailed Import procedure ·         Detailed Export Procedure ·         Documents used in international trade as per URC-522 & UCP-600. ·         How to examine documents? ·         Dealing with Discrepancies ·         Options Available to the Exporter When Documents are Discrepant. ·         Taking up documents or issuance of a notice of refusal. ·         Disputes and settlement of disputes ·         Shipping Procedure and, many more. Upcoming Training: Duration Event Date Price 8 Hours Workshop Labor Law in the workplace with amendent in 2013 28.02.14       3,500 Md.Rofiqul Islam, Former Head of HR Greenland Group 8 Hours Workshop  Retail Corporate & Retail selling Skills  07.03.14          3,500 Razib Ahmed, Sales Management Consultant 4 Days Training Mastering Tally.ERP9 14.02.14          8,000 Md. Alamin Bhuiya, Manager, Metro Telecom Services Ltd. Contents of Workshop             Session – 1 §  International trade: Introductory overview §  Incoterms -2010: An overview §  International Trade Payment Methods: An overview §  What is meant by collection? §  Uniform Rules for Collection (URC- 522) §  What are the documents handled under Collection? §  Difference in security between D/P and D/A §  Procedure of handling collection documents §  Bill of Exchange (Draft). Difference between Sight Draft and Usance                 Draft (Time Draft) §  Risks to an exporter under documentary collection §  How these risks can be reduced? §  Difference in security between D/P and D/A Session – 2 UCPDC: Overview •      Introducing Letter of Credit: •      Meaning of Credit (as per Article -2 of  UCPDC) •      Parties involved in Documentary Credit Operation. •      Types of Letter of Credit •      Detailed procedure for imports •      Detailed procedure for Exports •      Advising of Credits and Amendments (Article - 9) •      Amendments (Article -10) •      Nomination (Artilce-12); Functions of Nominated Bank Session – 3 Documents used under Letters of credit procedure Types of documents:               1.            Commercia l Invoice        2.            Transport documents        3.            Other documents        4.            Insurance documents Transport documents: ·         Transport Documents covering at least Two Different Modes of transport ·         Bill of lading ·         Non-Negotiable Sea Waybill. ·         Charter party bill of lading, Other Transport document: §  Air waybills or Air consignment note, §  Rail or road consignment notes or truck or §  Carrier receipt, §  Post parcel receipt §  Differentiate between transport documents that are documents of                 title and those that are not. §  Differentiate between negotiable documents and non-negotiable Documents §  How to prepare and examine documents Session – 4 •      Practical Exercise on L/C •      Familiarizing with Forms/Documents that are necessary for opening of L/C (such as, L/C Application Form; LCA Form; IMP Form; Proforma Invoice (PI)/Indent; Insurance Cover Note/Policy and, any other forms/documents if required, as per Import Policy Order (i.e. IPO) and their uses/ implications §  Question & answers /open discussion