Quoted from Ranger (Moderator) :
This is a good advise to know for Newbies ! please study it .......
International Trading is not that easy. !!!
- You must have a sound comprehension of the basic ' business- principles' at firstly !
Knowledge of and in no-particular order:
- Import and export regulation in your country
- Certifications & Product Standards(your country)
- Ability to verify a supplier/Buyer as legitimate company.
- Payment Terms (LC, **, T/T etc.. under ICC rules)
- International-Contracts as established by the ICC
- Shipping terms (Incoterms2-000 when and how they are used)
- Beyond this, there is a host of terms that can influence and affect any deal
Ranger
Discuss it, be an International Trader !