Import Issues
This
is the scenario.
There
are products being imported from Africa or the Caribbean,
which are doing well in retail outlets here, and in mainstream
supermarkets.
Some
of the products include: Nigerian Guiness, Plantain, Mango,
Bananas, Carib Beer, Pinehill Peanut punch, Grace Tropical
Rhythms.
Other
items are not making past the ports of entry? Why?
Products
paid for before shipping are having to be disposed of, because
they do not pass food regulations here. Dairy products are
not allowed from outside the EU,
Certain
animal products are being illegally imported.
Soft
drinks are having to be thrown away at the port, because
they contain the wrong colouring (eg Carib Shandy)
Products
are held for checking at ports, even when they would meet
all regulations, and by the time they are released, they
are out of date. No compensation is payable.
Importing
and Reselling is a lucrative market, but frought with challenges
which can be overcome if you have the right knowledge.
Its
great to know when your business pursuits are helping fellow
country men and women back home, but have you checked whether
they have the capacity to fulfil your orders.
Venue:
Cottons, 70 Exmouth Market, Islington, London EC1R 4QP
Date:
Monday, 26th March, 2007
Time: 7pm
Refreshment
provided
Speakers:
A.
Trade and/or Aid
·
Market Potential and opportunities
· Assisting with the growth of trade in the developing
world
· Economics
· Alleviating poverty, while making money for your
business
B.
Import process
·
Develop relationship with your Contact abroad
· Research products - Popularity, Marketing in host
country, Where sold, Shelf life
· Investigate UK market potential.
· Shipping process
· Payment procedures
· Due diligence on Exporting company - Research,
History, References, Stability, Capacity
C.
Regulations governing Imports