How to Manage Risk in Export Import? क्या Export में Insurance लेना Compulsory है?

In this video, we will explore the crucial aspects of managing risks in the export-import business. Whether you're an established exporter or just starting out, understanding and mitigating risks is essential for success. We will discuss effective strategies to minimize potential losses and protect your business interests, including risk assessment, insurance options, Incoterms, contractual safeguards, financial risk management, and supply chain management. While insurance is not compulsory for export operations, it is highly recommended to safeguard against potential losses. The specific insurance requirements may vary depending on factors such as the nature of the goods, the destination country, and the terms of the sale. By implementing these risk management techniques, you can enhance the overall resilience and profitability of your export-import business. [Disclaimer: This video provides general information and guidance on managing risk in export-import. It is not intended as legal, financial, or professional advice. Viewers are encouraged to seek individualized advice from relevant experts.

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