Evolution of Foreign Trade
Foreign trade has continued since ages and the merchants
back then reaped huge benefits out of it. It was to earn handsome amount of
money that European countries started finding trade routes to India in the
medieval days. Now we have moved well ahead of the past but the practice
remains the same. Only the mode of transactions and transportation have changed
to make the system more efficient. With advancement in international trade, the
regulatory procedure have, however, become quite complex owing to changes in
government regulations from time to time.
DGFT and Foreign Trade
The government intervenes in foreign trade from time to time
in order to benefit domestic importers and exporters and curb illicit trade.
Directorate General of Foreign Trade or DGFT is an organisation that regulates
foreign trade through various means in India. If you are interested in dealing
with foreign trade you can reduce the hassles by visiting a professional DGFT Consultant in Pune who can guide you regarding various
procedures and schemes. There are many schemes laid down by the government of
India to promote trade in particular goods with some countries. By using such
consultation services one can easily enter and grow in this business.
How to get an Import Export license
The procedures for starting a business involved in export
and import starts from choosing the product to getting the license. You can
easily get the license if you have all the documents available and know how to
go through the process. The application procedure is time taking and so
requires a lot of patience. If you are a new entrant into this sector and are
looking for Import Export License
Consultants in Pune then Sohamma International Private Limited can be
the right choice for you. They have wide knowledge of all the procedures and
provide important feedbacks to their clients helping them move ahead in
business.
