Listing ID #6562208
Company Information
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Contact SupplierTo understand the benefit of an RTA, we need to first understand the concept of WTO MFN status. The World Trade Organization which was signed between many countries in Jan 1995 brings forth a concept of “Most Favored Nation” which means that if the exporting country and the importing country both are WTO members then the importing country will give equal treatment to all the exporting country in terms of both tariff and non-tariff barriers.
Trade Agreement is nothing but a legal binding between two or more countries wherein the trading countries commits certain benefits only to their signing Partners which is not to be availed by countries outside the Agreement. This benefit can be extended to Goods - (in terms of offering a Lower or Zero Import Duty to the imports coming from countries within Agreement) - Services or Facilitation of investment and many more benefits.
Based in Chennai (Tamil Nadu), REGIONAL INSTITUTE OF INTERNATIONAL TRADE is one of the top service providers of HS code classification services, importer & exporter services, global market opportunities scanning services, root cause analysis services, import penetration index services, trade intensity index services, SHI & RHI value interpretation services, export propensity index analysis services, regional trade agreements services, export market strategies services, competitor analysis services, and international trade analysis services.
The company started its operation in the year 2020 and is highly committed to complete customer satisfaction. This has been the driving force behind the reach of the company to its peak in a short span of time. We, at REGIONAL INSTITUTE OF INTERNATIONAL TRADE, continuously strive to fulfill our promises and focus more on providing 100% reliable and effective services to our customers.
Integrity:
We are fortunate enough to be supported by some supremely talented and experienced professionals. Every team member in our company works in good faith, honesty, & sincerity and contributes with full responsibility towards customers, business associates, and fellow employees.
Transparency:
We are focused more on building two-way communication and making sure for positive thinking in conveying and receiving information, advice, and opinions, for the purpose of common progress and generosity.
The top secret of the company is undeniably its superior quality standard in the offered services, its complete control of management, and its real commitment to customers. We are one of the reliable partners for the merchandise trade and commercial service needs of our customers.