If business is now a global affair, then the export-import business is important, lucrative and necessary. An export-import agent is not a broker --- the agents are lower on the business totem pole.

In April, the second month of the U.S.-Iran war, importers booked forward hedges worth nearly $58 billion while exporters' activity stood at about $24 billion, according to data from clearing house ...

The Importer -Exporter Code (IEC) is a key business identification number that is mandatory for exports or imports. No person shall make any import or export except under an IEC number granted by the ...

IEC Code Update Procedure: In the case of exporting services or technology, having an IEC is mandatory at the time when the services are rendered. IEC Code Renewal Process: To engage in international ...

Editor’s note: This article was excerpted from our Import/Export Business start-up guide, available from the Entrepreneur Bookstore. International trade is one of the hot industries of the new ...