Mechanism of Financial Assistance for Exports | International Trade
In this article we will discuss about the mechanism of financial assistance for promoting exports. Exporters may avail pre-shipment credit, post-shipment credit, term loans, suppliers' credit and buyers' credit. 1. Pre-Shipment Credit: Also known as packing credit, it is a loan given by a financial institution (either a commercial bank, or an Exim bank) to the exporter before shipment of [...]