Friday, July 27, 2007

Understanding international trade documentation made easy

Here is an extremely useful site for international businesses: http://www.scinet-corp.com/associates/index.htm?bdd_md.htm~index2 A glossary of selection of terms used in world trade of goods, products and services, in 4 different languages: Spanish, English, French and German.

The only drawback of the glossary is that the terms are sorted alphabetically in English only (i.e. it's made easy to translate a word from English to any other 3 languages). However, if you have a German word, say "Vorleistung" and you need to translate it in English or any other language you'll find it difficult because it is not listed under V, it is listed opposite English word "advance" under A.

But this site also offers information on a number of other useful world trade documentation such as (check the links on the same page above the glossary of trade terms):
EXPLANATION OF BILL OF LADING TERMINOLOGY
INCOTERMS 2000
DOCUMENTARY CREDIT

and others.

1 comment:

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