Trade Process

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Words: 1087

Pages: 5

Category: Business and Industry

Date Submitted: 12/24/2011 08:31 PM

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|The Trade Process |AGOA News |

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|In order to take advantage of the potential benefits offered under the AGOA to qualifying Sub-Saharan African | |

|countries, potential exporters should be aware of the important steps that need to be taken to instigate and |Top of Form |

|successfully complete a transaction. |News Search: |

| |[pic][pic][pic][pic] |

|In most cases, a transaction between firms from different countries is initiated either by the potential |Bottom of Form |

|importer (wishing to source products or services), or by the potential exporter (wishing to supply products or| |

|services). While an international trade transaction in many ways follows similar lines to a commercial | |

|transaction between two or more entities within the same geographic or national boundary, additional steps and|[pic] |

|precautions make international trade transactions somewhat more complicated. In most cases, the services of | |

|sales and shipping agents significantly lower the burden on the transacting parties, but it is nonetheless | |

|useful to have an...