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Home» Circulars» Chemexcil Knowledge Webinar Series On Commercial Topics With Icici Bank 8 21 27 June 2022 1500 Hrs

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CHEMEXCIL KNOWLEDGE WEBINAR SERIES ON COMMERCIAL TOPICS WITH ICICI BANK 8, 21 & 27 JUNE 2022 1500 hrs
 

 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle, 4th Floor, 7 Cooperage Road, Mumbai - 400 001.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
email : info@chemexcil.gov.in Web : https://chemexcil.in

 


EPC/WEBINAR/22-23                                                                                                                                                                                                            

 

31st May, 2022 

 

 

TO

 

ALL THE MEMBERS OF THE COUNCIL

 

 

 

 

 

CHEMEXCIL KNOWLEDGE WEBINAR SERIES ON COMMERCIAL TOPICS WITH ICICI BANK |

 

 

8,21 & 27 JUNE 2022 | 1500 hrs

 

Dear Members,

 

Greetings from CHEMEXCIL!

 

Under Capacity building initiative, in order to enhance the Exim skills of members Chemexcil along with ICICI bank is organizing knowledge base webinar series on Exim Commercial topics in June 2022.

 

At present following topics will be covered in a series of 3-webinars viz.

 

1.      Understanding Letter of Credit
2.      Understanding FEMA and Regulatory guidelines for Exports
3.      Export Finance Guidelines and Facilities

 

Senior most faculty in the respective field will conduct these webinars.

 

Letter of Credit:

Since the nature of international trade includes factors such as distance, different laws in each country and the lack of personal contact during international trade, letters of credit make a reliable payment mechanism.

 

A Letter of Credit (LC) is a document that guarantees the buyer’s payment to the sellers. It is issued by a bank and ensures timely and full payment to the seller. There are various types Letter of Credit and it has its own importance.

 

FEMA:- Foreign Exchange Management Act

 

The Central Government of India formulated an act to encourage external payments and across the border trades in India known as the Foreign Exchange Management Act. FEMA (Foreign Exchange Management Act) was introduced in the year 1999 to replace an earlier act FERA (Foreign Exchange Regulation Act).

 

The primary objective of FEMA act was “facilitating external trade and payments and promoting the orderly development and maintenance of foreign exchange market in India

 

Export Finance:

 

Export financing is a cash flow solution for exporters. It facilitates the commerce of goods internationally. It also allows the businesses that sell products to another country to get access to working capital before their clients pay for the products purchased.

 

 

In order to create more awareness on above 3-topics, council has planned the sessions as under 
 


WEBINAR 1

 

Topic

“UNDERSTANDING LETTER OF CREDIT”
a.      What is LC and its need, Flow of LC in trade, Types of LCs, Advantage of Bank LC
b.      UCP Articles on LC
c.       Live interaction on a session of LC

Expert Speaker

Mr. Krishnendu Das,
Subject Matter Expert, Export Trade Group, ICICI Bank

Day, Date & Time

Wednesday, 8 June, 2022
15:00 Hrs to 16:30 Hrs

Participation Charges

FREE (Prior Registration Mandatory)

 

WEBINAR 2

Topic

“UNDERSTANDING FEMA & REGULATORY GUIDELINES FOR EXPORTERS”
a.      RBI guidelines relating to Export payments, Export Bills
b.      Facilities related to Export payments / Bills
c.       Understanding EDPMS
d.      Q&A session

Expert Speakers

Mr. Gaurang Vasavada,
International Business Consultant

Mr. Kishore Mamidala,
Chief Manager & Subject matter expert, ICICI Bank

Day, Date & Time

Tuesday, 21 June, 2022
15:00 Hrs to 16:30 Hrs

Participation Charges

FREE
(Prior Registration Mandatory)

 

WEBINAR 3

Topic

“EXPORT FINANCE : GUIDELINES AND FACILITIES”
a.      Aspects of Export Credit – Basics, Availing and Repayment, Export Credit in Foreign Currency and Issues related to Over dues
b.      Pre Shipment Finance – Guidelines and Issues
c.       Post Shipment Finance – Guidelines and Issues
d.      Factoring : A tool for Export Bill Financing

Expert Speakers

Mr. Gaurang Vasavada,
International Business Consultant

Mr. Santosh Pandey,
Sr. Product Manager, ICICI Bank

Day, Date & Time

Monday, 27 June, 2022
15:00 Hrs to 16:30 Hrs

Participation Charges

FREE
(Prior Registration Mandatory)

 

 

Since participation is on first-come-first-served basis, interested members are requested to confirm their participation for 3-webinars by registering on below link,

 

Link for registration

https://attendee.gotowebinar.com/register/7775149619972484877

 

After confirming, participants can send their specific issues on rd.ahd@chemexcil.in & roahmedabad@chemexcil.in , which can be passed on, to the key speaker in advance for taking up during the session.

 

For any other information or clarification, please contact Mr. Sunmeetsingh Brar on Ph: +91-79-26650223; 26651224. 

Looking forward to your participation in this webinar series. 

Yours faithfully,

 

Deepak Gupta
Acting Executive Director
CHEMEXCIL

 

 

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