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THE CONTRIBUTION OF THE EXPORTING OF PPE KITS IN REPAIRING ECONOMIES DURING COVID-19 OUTBREAK

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  ●      THE IMPACT OF COVID-19   We all know that 2019 ended with one of the biggest and deadliest pandemics of all time, COVID-19 . It has claimed millions of deaths of innocent people so far. Due to the outbreak of COVID-19 pandemic, the life of every individual across the world has seen a major change. The change of the lifestyle has brought due to the pandemic along with the deaths, illness and destruction.Currently, there is no cure and no vaccination of COVID-19 disease and precaution is considered to be the only option of reducing the spread of one of the deadliest pandemics so far. One of the biggest changes that came due to the safety measures taken is wearing of protective masks. The healthcare services have also changed drastically.   During this crisis, the medical professionals are working as frontline warriors to keep us safe and defeat the COVID-19 disease. Due to this, the infection rate of medical professionals has been increasing rapidly. One of the biggest

THE REVIVING TERMS OF INCOTERMS FOR THE INTERNATIONAL TRADING

  WHAT ARE INCOTERMS??   If you are in the business of international trading, then you cannot ignore the term Incoterms.  When it comes to the import export business, then Incoterms stand for International Commercial Terms.  The Incoterms are used as the rights and responsibilities for the importers and exporters in the international trafficking of products.  It is basically the international set of rules and regulations for the buyers and suppliers in the global trading business.  However, year 2020 has come up with the change in the set of rules and regulations of Incoterms as well.  The new rules and regulations starting from January 1, 2020 have come up.  Let’s go through to the most important changes in the year 2020 for the Incoterms according to the history of the import export industry.   ●      THE CHANGES OF INCOTERMS   The rules and regulations for Incoterms have changed in the year 2020 which leads to a lot of change for the importers, exporters, providers an

WHY IS THE IMPORT EXPORT BUSINESS SUITABLE FOR THE INDIAN ECONOMY?

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  ImportExport business is one of the fastest growing businesses today and whatever comes the popularity of the import export business will never decrease.  This business will always continue to operate all over the world. The selling and getting of the products have been a historical practice.  Due to the import export practices, the potatoes reached Ireland. When it comes to the modern day, then the import export business is the method of buying and selling the products and services from all over the world today.   ●      WHY IS THE IMPORT EXPORT BUSINESS BENEFICIAL??   For learning the import export business, you don’t have to go for a certified course. In fact, various organizations are available which help you in providing the assistance of the experts.   They will provide you with authentic import export data all over the world which is very important in growing and understanding this international trading business.  The basic lesson of the import export business i