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What is L/C payment used in overseas business?
Category : 未分類When working about overseas, you may hear the term L/C when signing a contract. This is a commonly used payment method, so you should know about it if you are doing business overseas. L/C is an abbreviation for Letter of Credit and means letter of credit in Japanese.As you can imagine from the name, the…
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Be careful with diatomaceous earth! ! !
From July 2021, inspection is required for importing diatomaceous earth mats, diatomaceous earth coasters, etc. Why? This is because from December 2020, it was discovered that diatomaceous earth bath mats imported and sold in Japan contained asbestos.If even 0.1% of the weight contains asbestos, import is prohibited! Importers are obligated to conduct inspections and report…
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What are contracts, transportation, and payments? -Important when doing overseas transactions-
Category : 未分類You are trying to order the product you want to purchase! Please wait a moment. Don’t forget the contract and payment! ! In fact, unlike domestic transactions, when exchanging money overseas, there are times when the law does not apply and you have no choice but to do nothing. What should we do to prevent…
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Don’t forget! -Import precautions-
Category : 未分類A common complaint we receive from clients is, “Even though we have decided on suppliers and buyers, we don’t know how to transport.” Yes, people tend to forget about transportation. The following items should be considered when transporting:・Commodity fee・Product fee payment method and payment term・Confirm whether or not it can be imported into Japan.・Transportation contract…
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The impact of the Israel-Hamas conflict on trade
Category : 未分類Look at this article of the link.https://www.arabnews.jp/article/business/article_102133/ As the WTO has announced, the conflict between Israel and Hamas will have a major impact on trade and the global economy.As a result of this conflict, we are concerned about the following three points in our lives. ① Increase in crude oil prices, ② Cooling down of…