Skip to main content
Main navigation
Home
About
What is UNNExT?
Advisory Committee
Advisory Groups
Contact Us
Experts
Expert Database
Registration Form
Events
Resources
Resources
Working Papers
Databases
Guides & Tools
Toggle navigation
Breadcrumb
Home
TPAD
Procedures
Trade Process Analysis Database (TPAD)
TPAD
Trade Process Studies
Case Studies
Procedures
Conclude contract and trade terms
Case Study
Title:
Shrimp Export from Bangladesh by Sea to India, 2011
Corridors and Routes:
Dhaka - Chittagong Port - Japan
Trade Product:
Shrimp
Trade Type:
Export
Process Analysis:
Export from Bangladesh
Exporting Country:
Bangladesh
Importing Country:
Japan
Category:
Contract between seller and buyer
Country and Procedure Description:
Conclude contract and trade
terms/Buy (Export from BDG to JPN/Frozen shrimp)
Related Rules, Laws and Regulations:
Actors and Participants:
- Exporter or representative
- Importer
Actors and Participants:
- Exporter or representative
- Importer
Input Criteria to Enter or Begin the Business Process:
Activities and Associated Documentary Requirements:
1. Based on a buyer’s expression of interest to enter into a business deal, the exporter prepares a price quote and terms of trade. A Proforma Invoice is then sent to the importer for approval. If modifications are required, the document is returned to the exporter for the necessary amendments. 2. Once both parties agree on the terms, the importer confirms an intent to purchase. An L/C is then opened by the importer and forwarded to the exporter’s nominated bank in Bangladesh. 3. The process of communication between the buyer and the exporter is mainly through exchange of emails. If required, however, supporting documents are sent through courier services.
Output Criteria to Exit the Business Process:
Activity Diagrams:
Number of Required Documents:
2
Minimum Required Time:
1
Maximum Required Time:
3
Average Required Time:
2
Minimum Cost:
Maximum Cost:
3
Average Cost:
