Exploring Opportunities and Procedures in Foreign Trade: Entrepreneurship Workshop by KIED
Exploring Opportunities and Procedures in Foreign Trade: Entrepreneurship Workshop by KIED
The Kerala Institute for Entrepreneurship Development (KIED) is organizing a comprehensive three-day Entrepreneurship Workshop for those interested in leveraging the potential of the foreign trade sector. The workshop aims to equip participants with the essential knowledge and tools to excel in import and export trade, focusing on India’s burgeoning foreign trade ecosystem.
Scheduled from December 3 to December 5, 2024, the program promises a rich learning experience, featuring sessions led by industry experts and representatives from renowned organizations such as the Directorate General of Foreign Trade (DGFT), Federation of Indian Export Organizations (FIEO), and Customs Department.
Key Highlights of the Workshop
Participants will gain insights into the following critical areas, making it an unmissable opportunity for budding and experienced entrepreneurs alike:
1. Understanding Documentation in Export Trade
Proper documentation is the backbone of successful foreign trade. This session will delve into:
- Preparation of invoices and shipping bills.
- Regulatory compliances under DGFT guidelines.
- Procedures for availing export incentives.
2. The Role of Customs in Foreign Trade
Navigating customs processes can be daunting. This session will simplify:
- Customs clearance procedures.
- Import and export duties.
- Legal obligations and documentation required for smooth transactions.
3. Credit Risk Management
Managing credit risks is crucial for financial stability in international trade. Key topics include:
- Evaluating buyer credibility.
- Utilizing export credit insurance schemes.
- Mitigating risks through letters of credit and trade credit options.
4. Export Finance Opportunities
Financing is the lifeblood of any business. This session will highlight:
- Loan schemes offered by Indian financial institutions.
- Steps to access pre-shipment and post-shipment finance.
- Understanding EXIM Bank policies.
5. Risk Management in Global Markets
Risk management strategies can shield businesses from unforeseen challenges. This session will cover:
- Currency exchange risk mitigation.
- Market entry strategies in volatile economies.
- Tools for safeguarding trade agreements.
6. International Shipping & Logistics
Efficient logistics ensures timely delivery, a key component of customer satisfaction. Topics include:
- Shipping methods and associated costs.
- International trade routes and their significance.
- Logistics management software for optimizing supply chain efficiency.
Fee Structure for the Workshop
To make this opportunity accessible, the workshop offers competitive pricing for both residential and non-residential participants.
| Category | Residential (₹) | Non-Residential (₹) |
| General | 2,950/- (inclusive of GST, shared accommodation, food, certificate) | 1,200/- (inclusive of GST, food, certificate) |
| SC/ST | 1,800/- (inclusive of GST, shared accommodation, food, certificate) | 800/- (inclusive of GST, food, certificate) |
Important Note:
Only 35 participants will be selected for this workshop. Payment of the fee confirms registration.
How to Apply
Interested candidates must fill out the Google Form by November 28, 2024, to secure a spot. The application link is provided below:
Why Attend This Workshop?
Unparalleled Expertise
Participants will gain firsthand knowledge from leading experts in the foreign trade sector, offering actionable strategies to excel.
Networking Opportunities
This workshop facilitates interaction with like-minded entrepreneurs, industry veterans, and government officials.
Practical Knowledge
From theoretical concepts to practical applications, the program bridges the gap between learning and implementation.
Conclusion
This Entrepreneurship Workshop by KIED is a gateway for aspiring and seasoned entrepreneurs to unlock immense opportunities in the foreign trade sector. By focusing on essential areas like export documentation, customs processes, financial planning, and logistics, it ensures a holistic learning experience. Seize this chance to gain an edge in the competitive international market.
