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Thursday, November 5, 2009

Export Finance Project Report

Credit and finance is the life blood of any business whether domestic or international . It is more important in the case of export transactions due to the prevalance of novel non-price competitive techniques encountered by exporters in various nations to enlarge their share of world markets.

The selling techniques are no longer confined to mere quality, price or delivery schedules of the products but are extended to payment terms offered by exporters . Liberal payment terms usually score over the competitors not only of capital equipment but also of consumer goods.
The payment terms however depend upon the availability of finance to exporters in relation to its quantum, cost and the period at pre-shipment and post-shipment stage.

This project is an attempt to throw light on the various sources of export finance available to exporters , the schemes implemented by ECGC and EXIM for export promotion and the recent developments in the form of tie-EXIM tie-ups , credit policy announced by RBI in
Oct 2001 and TRIMS .


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