International Trade Finance – Opportunities for MSMEs

World Trade Center Visakhapatnam & World Trade Center Shamshabad conducted a virtual session on International Trade Finance and Opportunities for MSMEs in collaboration with the National Institute for Micro, Small and Medium Enterprises (An Organization of the Ministry of the MSME, Government of India).

17 CMA Siva Rao Yelchuri, Assistant General Manager from ICICI bank, has explained in a very lucid manner the various options available on export finance like Pre-Shipment Credit and Post Shipment Credit facilities available for the MSMEs and exporters in general. He has also explained the key provisions to be followed under Foreign Exchange Management Act 1999 and Foreign Trade Policy.

In the session, CMA Siva Rao also explained the requisite documents to be submitted to banks for processing and disbursement of funds. Mr. Bose K Nair, President, Mr. Y. Varaprasad Reddy, Vice President & Ms. Srujana, Associate Director from World Trade Center Shamshabad & World Trade Center, Dr. K. Visweswara Reddy, Faculty Member & Rector at National Institute for Micro, Small and Medium Enterprises & Y. Chandra Sekhar Reddy, Regional Head Sales from ICICI Bank have also attended the session.