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Raymond Yang

Raymond Yang

Lawyer
7 Followers

Import business

How to start an import business from Turkey
From United Kingdom
To Turkey
Jun 09
2021
1
answer
Raymond Y.
Jun 09, 2021

Determine the importable goods from Turkey
Sourcing is the first factor a business person must consider. Depending on your business strategy, you will need to choose suitable goods from Turkey to import.
You can find the websites specializing in goods trading, groups / social networking sites with many wholesale businesses, or surveying famous wholesale markets in Turkey where they sell what kind of goods you want to import.
Find the export agents in Turkey
Make sure you are working with a professional export agent, it will save you time and money. Local agent or expert usually knows the local prices and know how and where to get the good with the lowest price, meanwhile ensuring the quality.
Negotiate & Sign the contracts
Time to negotiate and agree the terms, all should end up in contracts; What are the quantities, prices, packing, payment terms, delivery terms, documentation, warranty. Support shipping or marketing after delivery?
Consider the above notes before signing the contracts.
Check the shipping process
In this step, you can check the shipping cost, shipping time.
Importing from Turkey
For customs clerance: as per Turkish customs regulations, the transport companies and forwarders do not prefer to complete export/import clearance. Exporters/Importers companies always make their own customs clearance by themselves using their authorized customs brokers in Turkey.

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GNP use

What is the use of Gross National Product?
From United Kingdom
To Austria
May 25
2021
1
answer
Raymond Y.
May 25, 2021

Gross national product is one metric for measuring a nation’s economic output. Gross national product is the value of all products and services produced by the citizens of a country both domestically, and internationally minus income earned by foreign residents. For instance, if a country had production facilities in a neighboring country and its home country, gross national product would account for both of these production outputs.

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GDP complying

Is it necessary for a manufacturer of medicinal products to comply with the Good Distribution Practices (GDP) or is this the task of the wholesalers and distribution companies?
From United Kingdom
To Russia
May 12
2021
1
answer
Raymond Y.
May 12, 2021

GDP requirements are very similar to the requirements stated in the GMP for manufacturers in relation to storage of medicinal products. Manufacturers must comply with the product storage requirements as stated in the GMP. Iin addition, if they are responsible for the distribution of their products, they also need to follow the GDP requirements; these include storage and transportation of their products in line with the product label, ensuring its safety and security throughout the supply chain.

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Incoterms revision

Can we still use earlier Incoterms revisions in our agreements? 
From United Kingdom
To Russia
Apr 26
2021
1
answer
Raymond Y.
Apr 26, 2021

Yes.

Many companies have complex agreements with their counterparties and service providers, which will be time-consuming to redraft.

Therefore parties are free to continue to refer to Incoterms 2010, Incoterms 2000 (or any other revision!) – provided that this is specified unambiguously in their agreements.

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Import restriction

What products meet import restrictions?
From Spain
To Belarus
Apr 13
2021
1
answer
Raymond Y.
Apr 13, 2021

The main types of products that face import restrictions are:

agricultural products,
medicinal products,
chemicals,
iron and steel products,
cultural assets,
textile products and clothing,
weapons,
counterfeit or pirated goods,
indecent articles/publications/video recordings,
endangered species,
waste,
some live animals and products containing animal substances,
plants and product containing vegetable substances.

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