Institutes offering courses in Foreign Trade

Foreign Trade Courses are of prime importance in today’s world of globalization and market penetration.  

With more and more companies setting up multi-location business facilities it has become imperative for free movement of commodities. Governments of countries across the world have relaxed trade laws for greater trade.  

Organizations with multi-lateral trade associations, governments, foreign trade agencies, and companies of all scales involved in international trade suddenly felt the need of international trade specialists.  

Accordingly management institutes and other higher academic bodies started offering international trade courses. The course is a specialized field of study grooming candidates for careers in international trade. 

1. Indian Institute of Foreign Trade

http://www.iift.edu

2. Symbiosis Institute of International Business

 www.siib.ac.in  

3. GITAM Institute of International Business

www.giib.edu.in 

4. World Trade Institute (World Trade Centre)

www.wtcmumbai.org 

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Foreign Trade- An introduction

Every concern is trying to expand its business by entering external markets. More companies that engage in international business are involved in exporting and importing than in any other type of business transaction.

 

Foreign Trade is becoming increasingly significant in the present environment.The application of information technology, liberalisation of domestic economies and combining of world trading systems under the aegis of World Trade Organisation have resulted in a dramatic shift in the way international business is being conducted.

 

India is forging ahead as one of the economic powers of the globe and this is possible because of the concerted efforts of Trade, Industry and  Government.

 

 

Trade propels growth of economy and domestic development. The direct purpose is not the mere earning of external exchange, but the stimulation of greater economic activity. Foreign trade policy plays a critical role in the  promotion of trade .

 

The policy is based on two major objectives

• Double the percentage deal of global goods trade within the incoming five years.
• Effective driver for economic growth giving a thrust to employment generation.