Tag Archives | Global Trade

Study Notes on Tendering System | Global Trade

This article provides a study note on tendering system. Meaning of Tender: A tender is an intention for procurement/import or for sale/export of specified materials and/or services under specific terms and conditions under specified payment terms. The basic idea behind this form of procurement is to give equal opportunity to all that are interested to do business. It involves bureaucracy [...]

By |2016-08-25T16:53:44+05:30August 25, 2016|International Business|Comments Off on Study Notes on Tendering System | Global Trade
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Laws of the Sea: Top 35 Question Answered!

Here is a compilation of top thirty-five questions on laws of the sea in relation to global trade with their relevant answers. Q. 1. What is enclosed or semi-enclosed Seas? Ans. "Enclosed or semi-enclosed sea" means a gulf, basin or sea surrounded by two or more nations and connected to another sea or the ocean by a narrow outlet or [...]

By |2016-08-25T16:53:40+05:30August 25, 2016|Laws of the Sea|Comments Off on Laws of the Sea: Top 35 Question Answered!
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