Author: kammam

In today's stiff competitive world it is necessary that one should shell out all the required information about the trade practices and procedures, prevailing in the international arena. As due to the globalization of the world, trade is not confined to a national territory, it has crossed all the boundaries and reinforcing the entire universe.

To undergone in any trade activity one should be well furnished with the requisite information about export or import trade practices, foreign trade policy, trade agreements. For endogenous growth, it is required to be familiar with the terms used in international trade in all facets of the industry.

In present technology driven world, there are many resources which are imparting aforesaid details in one blink. One of the such reputed on line business to business platform is indianindustry.com, which has encapsulated all the detailed information about the embassies, consultants, ports of India, special economic zone and associations. Its easy to find all the information about the global business practices clubbed at one place.

Indianindustry.com is an on line repository of updated trade information of international trade. It acts as a catalyst for powering the economic growth by allowing access to the information about worldwide trade practices and procedures. It has centralizes trade related information under different heads. By availing the information from indianindustry.com, it becomes relatively easy to develop and implement your export or import plan.

The site has made the process of acquiring precisely and correct trading information about the trade publication and journals more easier and dynamic. Earlier finding the list of useful trade practices was a cumbersome activity. But now by clicking on the useful links, one can easily acquaint itself with the knowhow of the trade publisher and subscription details. It provides up to the minute information encompassing the trade and business policies.

Indianindustry.com helps in unveiling the detailed information about the worldwide trade data and practices. It is one of the most trustworthy site which unfolds the govt. data and details. Various links are provided which are helpful in accessing the overall view of taxation, custom duty and right to information act and many more. Enlisting the information about special economic zone, trade associations, councils is no more remains a tedious job.

Besides aforesaid data, one can overlook the reliable trade statistics of India in Rupees and US Dollars. Its easy to forecast the trade practices on the ground of trade statistics categorization, made by indianindustry.com.

The domain provides a full account of the information for buyers which gives a snapshot of guidelines while dealing with the international sellers. It is one of the most pivotal information forum for excelling into universal trading practices.

Indianindustry.com assures plethora of information about the trade practices prevailing in the worldwide market sector. It ensures flow of free and steady data about the guidelines for sellers, payment mode, which bridges and culminates business excellence for all active players of sector.

Source: ArticlesBase.com

Author: dylan

Body:
In the developing China e-commerce, integration process is the important step. There have been many hills and valleys in China e-commerce in last some years affecting global sourcing. When internet

is growing then everyone in China resort to it in the hope of profit and suddenly they find it unprofitable. This wonder of internet affects the interest of people in e-commerce. In fact internet is only an information provider network system which assistsininternational trade. It has itself no market value but the whole things are created when market activities takes place on the information platform. When changes occur on information level in China e-commerce then only any activity is created on internet.

There are about forty thousand multinational companies operating world wide and almost 200,000 overseas joint ventures that run across the continents. Many of these collaborations and joint ventures have concerns, directly or indirectly, with China business enterprises. The access to China through world-wide international trade investments is increasing day by day.

However, paucity in China e-commerce is created only when activities take place in national and internet front of China. It leads to either loss or profit in international trade for companies based on internet. Integration of China global sourcing and import and export is an important step in this direction taken by big domain names

in China e-commerce. With it the goodwill of big domain names is utilized to create perfect communication infrastructure platform in international trade. It is integrated with high brand name, quality structure, developed technology and good quality product in market.

Moreover, due to globalization the extent to which China's international trade and investments bears an impact is very wide. It is due to globalization that the international market has a direct approach to acquire modern technology

and consequently reduce the problems of distribution and stumpy internal coordination expenses. It has opened the doors for the specialization of network services and products with collective support of companies. Business process outsourcing for both internal activities and external activities is the result of globalization of international trade and global investments. Business process outsourcing is the common concept in the entire world and China is one of the leading countries that provide such services. For quality work and performance the outsourcing companies often select China as their business collaborators.

As such they are investing on reasonable price raw materials and labor. However the main reason for all these activities is to get access to a wider market. Although there are some drawbacks of expansion of international trade and investments but if rules of international trade are followed then the problems can be minimized and properly handled. The big size of the Chinese market is a major attraction to many prospective new entrants in international trade and investments.

Source: ArticlesBase.com

Author: Dylan Sun

Of late, the phrase international trade is used interchangeably with e-commerce. International trade is an area of economics, which forms the larger part of global sourcing through import and export. Simply put, e-commerce is the domestic/international exchange of services and goods over the internet unlike global sourcing or import/export. Thanks to technological developments, international trade, aided by e-commerce is not a complex process anymore. Import/export is a major indicator of how good an economy is doing.

-Import and Export
Selling in an international trade is export and buying bought is import. Import and export affect a country's current account balance of payments. For developing countries, agricultural products represent about 8% of international trade and import/export, a petty part of global sourcing. Most of them are in Latin America and the Caribbean or sub-Saharan Africa, and depend on international trade with skewed import/export of farm products.

International trade isn't without its share of controversies with regard to import/export barriers and stiff tariffs. The common complaint by global sourcing poor countries is that they face as much as 4 times the tariffs when exporting to rich countries. It is also said that prosperous countries have exploited import/export potential of smaller countries that are demanding increased access for international trade and import/export and end the subsidized agricultural over-production and export dumping.

It is true that import and export subsidies alter competition on international trade and subvert world import/export; thereby, incomes. This calls for greater understanding of conformity requirements in order to operate in an international trade scene. No wonder, import and export of manufactured items are considered beneficial. No wonder global sourcing and international trade are dominated by manufacturing and import & export.

-Global Sourcing
Global sourcing provides importers and consumers the opportunity to avail what is not available locally and cheaper costs. International trade simply means cross border selling and buying. International trade with global sourcing is growing at about twice as fast as GDP for the past decade.

Global sourcing has a major impact on corporations' performances too. The World Trade Organization, WTO, is an international trade monitoring body which at global level, through arrangements attempts to stabilize the international trade imbalances which at present favors developed countries. Controversial treaties including the GATT and WTO have attempted at creating regulated international trade structures for skewed import/export increases.

There is still a long way before barriers free global sourcing is reduced as global sourcing absolutely requires the collaboration of all involved.

Source: ArticlesBase.com

WORLD FAMOUS, FABULOUS FUN, 6^TH ANNUAL GOLF TOURNAMENT - UPTEENTH ANNUAL SUMMER PARTY

Legends Golf Course - Franklin Tennessee
Thursday, July 27^th 1:00 start  2 Flights!  We've have bought out the course!!

• $85.00 To Play
• Sponsor a hole for $150
• 2 flights, more chances to win!!
• Cash prizes
• Trophies to be awarded afterward during our dinner.
• Mulligan to be sold 2 for $20.00
  (100% proceeds go directly to our scholarship program)

Dinner Buffet - $40

• Grilled Steak & Chicken
• BBQ Ribs
• Tossed Salad
• Cole Slaw
• Corn on the Cob
• Pasta Salad
• Roasted Red Potatoes
• Buttered Rolls
• Blackberry Cobbler
• Soft Drinks

The World Trade Council of Middle Tennessee would like to thank Nashville's finest for showing up in full force at our Ports & Flags event. There were over 400 Executives representing our city's finest Businesses. The night was a huge success for our Council. We gave $6000.00 worth of Cash Scholarships to four very deserving students. Tennessee State University swept the event by taking all four scholarships home. Pictured above are three of our winners, Alan Enzo, Susan Lynn, and William Clements. Sherita Dawkins was a winner as well, but not pictured. Dr. Galen Hull is pictured as well as two other TSU students that submitted essays, but were not chosen. Christian Cahill our new President is also pictured. One of the main topics of the evening was our membership drive for 2007. We have set some lofty goals for 2007, but want to start achieving them now. It is for that reason, that I am pleased to offer 2007 registration now and at a discount. Individuals registering by December 31, 2006, will only pay $35.00 and Corporate Members registering will pay only $160.00. Click on the registration tab now to become a 2007 Member. Also, look for our 2007 Calendar of Events to be posted before the end of the year!

Send Your Industry News

World Trade Council's membership is made up of all areas of the International Shipping Industry, from manufacturing, banking, domestic trucking, forwarding and U.S. Customs brokerage to air frieght and steamship line trasnportation.    Each aspect of the industry directly effecting the next, not to mention all other industrys, world wide.

We welcome the opportunity to post your industry news on our website.

Our first article was submitted by U.S. Bank and offers an extensive update on world economy not easily found elsewhere.

Please send your articles to info@worldtradecouncil.org, subject line, WTC news.

We look forward to hearing from you!

ARTICLE I NAME

The name of the Council shall be the World Trade Council of Middle Tennessee.

ARTICLE III POWERS

The Council shall have the power to do all lawful acts necessary or desirable to carry out its purposes consistent with the provisions of Section 501(c) (6) or the Internal Revenue Code.

ARTICLE IV SERVICE OF NOTICE

The address to which the Secretary of State shall mail any notice required by law shall be that of the Secretary of the Council unless deemed otherwise by the Executive Committee.

ARTICLE V AMENDMENTS

These By-laws may be altered, amended, or repealed by a vote of the majority of the Board of Directors at a regular or special meeting, if notice of the proposed alteration or amendment is contained in the notice of the meeting.

ARTICLE VI PURPOSE

The purpose of this Council shall be to initiate, promote, and implement a greater and wider participation in international trade by local business interests; to develop and promote better techniques in the handling of export and import operations; to obtain and disseminate a wider knowledge of all matters pertaining to international trade; to promote a spirit of cooperation among its members towards greater efficiency; to provide a medium for the interchange of information and opinions; to deliver services and advice to those engaged in international trade; to foster and promote fellowship among those engaged in international trade and to otherwise expend effort toward the growth of international trade in Middle Tennessee.

ARTICLE VII  MEMBERSHIP

Any individual, corporation, or public or private organization in agreement with the objectives of this Council shall be eligible for membership. Membership of the Council may be eliminated by voluntary resignation, by non-payment of dues or by a majority vote of the membership in the event of a member undertaking any action deemed to be injurious to the interests of the Council. In the case of the latter, the Board of Directors shall afford the accused member ample opportunity for the defense of charges.

ARTICLE VIII DUES

All Matters pertaining to dues shall be left to the discretion of the Board of Directors. Dues collected in October, November or December shall apply for the following fiscal year. The fiscal year shall be the calendar year as noted in article XIII.

Members having paid the prevailing dues in total for the current year shall be considered Members in Good Standing.

ARTICLE IX OFFICERS

The officers of the Council shall be the President, Vice-President, Treasurer, Secretary, and immediate Past President. Any vacancy occurring among the officers shall be filled by action of the Board of Directors.

The President

The President, Vice-President, Treasurer, and Secretary shall be elected by the Board of Directors at a meeting held prior to the end of each year and shall hold office from January 1 for one year or until successors are duly elected or succeed.

The President shall preside at all General or Special Meetings of the members, the Directors and the Executive Committee. The President shall be an ex-officio member of all Council committees. The President shall perform other duties pertaining to the office.

The President shall serve for a term of one calendar year unless a Vice-President is not in office to succeed. In that event the Board of Directors may approve the President serving a second term of office.

The Vice-President

The Vice President shall succeed the President as President in the year immediately following the President's term of office. In the absence of the President the Vice-President shall perform the duties of the President. The Vice President shall perform other duties pertaining to the office.

The Secretary

The Secretary shall keep and distribute minutes of all meetings of the Executive Committee, the Board of Directors, and meetings of the membership where votes are taken. The Secretary shall be responsible for ensuring that accurate and timely filings to local, state, and federal government agencies are undertaken in order to maintain the Council's compliance with prevailing laws and regulations. The Secretary shall also maintain records of such filings. The Secretary shall perform other duties pertaining to the office.

The Treasurer

The Treasurer shall be responsible for the collection and disbursement of funds and shall prepare and submit statements accurately reflecting the financial position of the Council at Executive Committee and Board of Director's meetings. The Treasurer shall maintain a roster of members of the Council in good standing. Good standing is defined as those members who are current with their annual dues. In the absence of the President or the Vice-President the Treasurer shall perform the duties of President. The Treasurer shall perform other duties normally pertaining to the office.

ARTICLE X BOARD OF DIRECTORS

The Board of Directors shall consist of the officers and at least five directors. Directors may be appointed by the Executive Committee or elected at a General Meeting of the Council. Any vacancy occurring among the Board of Directors shall be filled by action of the Board of Directors.

Ex-officio members may be appointed at the discretion of the Board of Directors. Ex-officio Board members shall not be entitled to vote at Board Meetings.

Officers and Directors of the Council shall be eligible for election or appointment so long as they remain Council members in good standing.

ARTICLE XI COMMITTEES

Executive Committee

The Executive Committee shall comprise the officers of the Council. The Executive Committee shall direct the affairs and policies of the Council between meetings of the Board of Directors or in the absence of a quorum thereof. The Executive Committee shall submit a report of actions and decisions taken and minutes of meetings at the next Board of Directors meeting.

Special Committees

The President shall, with approval of the Board of Directors or Executive Committee, appoint such special committees as may be necessary. Such committees shall serve until the end of the current year, or until they are dissolved by action of the Board of Directors, or the Executive Committee, or until their successors are appointed. Special Committees shall not make commitments on matters requiring appropriation of funds or affecting Council policies unless approved by the Executive Committee or Board of Directors.

ARTICLE XII MEETINGS

General Meetings

General Meetings of the membership shall be held each year on a date specified by the Board of Directors and notified to the membership in writing.

Special Meetings of the membership may be called at the discretion of the President or on the written request of three or more Directors or on the written request of 15 or more members. Special meetings of the membership shall be confined to the purpose for which the meeting is called and shall discuss no other business without the consent of at least two thirds of members present.

Twenty-five members shall constitute a quorum at any General Meeting or Special Meeting of the membership. Only members in good standing may constitute a quorum or vote at a General or Special Meeting.

Board of Directors

The Board of Directors shall meet at least four times each calendar year. A majority of Directors shall constitute a quorum at a Board of Directors Meeting.

Committees

The Executive Committee and Special Committees shall meet at the discretion of the President or Committee Chairman. A majority of committee members shall constitute a quorum at a committee meeting.

ARTICLE XIII ELECTIONS

Where required, the election of Directors will be held at a General Meeting by secret ballot. In the event of a tie the President or alternate will have a casting vote.

ARTICLE XIV CONTRIBUTIONS AND DISBURSEMENTS

The ordinary revenues of the Council as determined by the Board of Directors may be augmented by bequest or contribution with the approval of the Directors.

No Committee of the Council shall solicit any contribution of the general public without the prior approval of the Board of Directors.

No disbursement of funds shall be made without the prior approval of the Executive Committee or Board of Directors.

Checks shall be signed by the Treasurer or the President or the Vice President in the absence of the President.

ARTICLE XV FISCAL YEAR

The fiscal year shall be in accordance with the calendar year.

ARTICLE XVI AUDIT OF ACCOUNTS

The Board of Directors shall appoint an auditing committee or firm to examine the books and accounts of the club at the conclusion of each fiscal year and at such other times as the Board may determine.

ARTICLE XVII PARLIAMENTARY RULES

Proceedings of any meetings shall be governed and conducted according to "Roberts Rules of Order"

Have you paid your membership dues for 2006?

• Individual - $40.00
• Corporate $175.00 up to five members

If you need an invoice please contact Terri Cannon at info@worldtradecouncil.org

Annual Membership Fees are due in January.

Benefits include monthly dinner meeting with social hour (cost of dinner not included) for networking and program with speakers on current international business topics. Also includes free listing for all members in the WTC Annual Directory. Corporate members are listed on our Corporate Page on the website, with their logo and a link to their website.

For new corporate members, please send us a paragraph about your company along with your logo in .jpeg or .btmp format and the names, phone numbers and email addresses of the five members your membership covers.

Join World Trade Here - http://www.worldtradecouncil.org/join.php - Dues can be paid on line with MC, VISA or Discovery. Please include account number and expiration date. Or mail to:

World Trade Council of Middle Tennessee
P.O. Box 198073
Nashville, TN 37219

• Alan Enzo $2500.00 Award
• Sherita Dawkins $1500.00 Award
• Susan Lynn $1000.00 Award
• William Clements $1000.00 Award.

Scholarship 2005
STUDENT APPLICATION FORM

First Place Scholarship – $2500.00 cash award

Second Scholarship – $1500.00 cash award

Third Place Scholarship - $1000.00 cash award

The scholarships are open to any student, graduate or undergraduate, attending college in Middle Tennessee and working towards a degree in International Business or a closely related area of study.

Eligible candidates must write an original 1000-word (minimum) essay. Please base your essay on the following:

The essay will be judged using the following criteria:

The essay, together with a completed copy of this application form and a letter of recommendation from a member of the student's faculty must be returned to the World Trade Council by 5 pm on October 15, 2005. Previous winners are not eligible.

Winners will be notified by October 30^th, 2005 . The awards will be given at the World Trade Council "Ports & Flags" dinner on November 8^th, 2005. Ports & Flags is Middle Tennessee's premier international business event attended by over 300 area international business executives, and is held at Loew’s Vanderbilt Plaza Hotel in Downtown Nashville. All three winners will be guests of the World Trade Council at Ports & Flags Night, where they will formally accept their awards.

Entries should be sent:

By mail to:

By email to:

christian@cahillchb.com - If sending via email, please submit in Microsoft Word, or PDF file format only.