Wednesday, December 23, 2009

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Sfuei No 3

Monday, November 2, 2009

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About ... Budai the commissioner has resigned from the Board of CSR


you remember the story of incompatibility with the councilor Albert Budai role of director of CSR (Joint Waste Disposal in Lower Friuli SpA)?
The Region had given reason for calling the Civic List incompatibility under Article. 63, Consolidation of Local Authorities and invited the Mayor Del Frate to review the position of Budai (friends SuperAlberto).
you remember the position of the majority, invoked here in resolution of the Board, they think everything was smooth, it would still detail, etc ... In short, for them, everything was legitimate!
It 'turned out that:
- deepening have not done so, it did not request an opinion to the Region;
- was instead the Civic List to ask opinion to the Region on the issue of incompatibility;
- the region has given us reason;
- the Civic List has asked City Council to vote in the incompatibility of the Adviser Budai;
- Superalberto CSR has resigned from the day before City Council.
Gonars City Council now has returned to operate in full legality.
...
And now, we can no longer call Superalberto.

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A step forward for the memory



was held on 1 November 2009 in the cemetery of Gonars the traditional commemoration of the victims of fascist concentration camps for civilian internees and Slovenes, which stood at Gonars. The ceremony, organized by the Consulate General of the Republic of Slovenia in Trieste, was held in the presence of Vice President of the Slovenian Parliament, the Consul General of the Republic of Slovenia, the Console Croatia, representatives of the Region of Friuli Venezia Giulia Region and the Province of Udine, the Perident ANPI Frederick Vincent, delegations diVhrnika, Borovniza, Cabarete, Nova Gorica, Tolmin and Rijeka, mayors, administrators and local veterans associations.
In the morning the town council has taken steps to inaugurate a monument on the site of the concentration camp made through a regional contribution of € 10,000 on the project "Memory Walk - Footpath of memory". This project is the natural conclusion of the activity with continuity and conviction by the local authorities who have alternated at the helm of City of Gonars: from the then Mayor Guido Toso that made possible the construction of the ossuary monument to Mayor Ivan Cignola who has received an offer through a lease with the State Railways, which stood at the area concentration camp and has consequently developed the construction of a park in memory.
We note with pleasure that the current administration has sought to continue with efforts to preserve the historical memory of what happened. But we can not hide the bitterness over the statements by the Mayor of Marino Del Frate center at the time stating that "we must give voice to the winners and losers." Recall fact that the story of concentration camp Gonars not covered or "losers" or "winners" but, unfortunately, has seen share defenseless civilians rounded up and taken forcibly from their homes, victims consist mostly of old men, women and children due to a crazy design Italianization of the territories of former Yugoslavia wanted by the fascist regime.

Friday, October 30, 2009

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International Payments Foreign markets

The proceeds of the credit, in respect of any international transaction, may hold important issues. To avoid this risk requires a thorough knowledge of the subject and know the techniques, features, mechanisms, advantages and disadvantages of each type of payment used in international trade, becomes, therefore, a strategic element.

elements to be considered for an international payment are essentially six:
  1. form of payment - can be: a bank, a bank check, a documentary collection, built a simple, built-in electronic rather that a credit documentary.
  2. the way - The mode of payment may or courier / mail, or via SWIFT or eba-target.
  3. date - ie the time of payment may be brought forward, postponed or contextual
  4. the place of payment - may be the country of the buyer, seller or a third country.
  5. the currency - for what concerns the money may be used in domestic currency or a currency of account currency
  6. banks that are involved in the payment - are called into question those managing "their" accounts or "our" accounts.
  7. The
variables related to international payments are many and are things to consider when choosing the market and essentially are:
  • the insolvency of the other party / buyer, the best defined commercial risk ;
  • the country's political and economic situation of the counterparty;
  • the ability to enable sales coverage and / or political
  • the distance and the volume of supplies;
  • the currency regime in the country of the buyer, then the practice international banking.
To try to get a good degree of security in international payment must follow some basic rules:
- Information about all ' reliability and solvency of the foreign (ICE provides a survey of foreign counterparts for a fee) ;
- should always negotiate the form of payment ;
- preparation on possible solutions to the payment ;
- define precisely the technical form of payment. We must ask ourselves

some questions in negotiations. Who pays for bank charges? How big is the foreign exchange risk? It will be appropriate to negotiate the foreign currency exchange rate of the trading day as well as giving a written form to great lengths to avoid misunderstandings.

E 'can receive payment in advance of the delivery, when delivered with the system COD (cash on delivery) or after delivery.

What are the payment systems? There are many ways
  1. post or courier;
  2. the SWIFT (Society for Worl-wide interbank Telecomunications)
  3. the EBA (European Banking Association), through Birla (Bank of Italy Regulation Gross);
  4. TARGET (Transeuropean Automated Real Time Gross Settlement Express Transfer).
The SWIFT is not a form of payment, but a system of a corporation whose shareholders are the banks themselves.
The TARGET system is instead a sort of chain drive: Customer ordering, issuing banks, Central Bank of the sender country, the ESCB (TARGET), Central Bank of the receiving country, the receiving bank, beneficiary customer.

It examines bank through a correspondent bank. Following the contract between buyer and seller, the buyer instructs his bank via SWIFT to transfer funds to the bank that the seller will credit the funds to the seller.
In case of bank transfer through a bank does not match, there will be a third bank that will be placed between the bank of the buyer and the seller's bank.

It 'important to know the abbreviations related to bank transfer:
PO = Payment Order
MT = Mail Transfer
Telex TT = Transmission
ST = Swift Transfer

The analysis steps 's foreign check. It can be: current account, a SWIFT checks, circular tour or placed. This also works as a communication between the banks of the will of their clients: the buyer sends the check to the seller shall deliver to its bank for trading, which will send the same to its foreign correspondent bank for collection, the bank foreign correspondent bank of the seller will send the check to the buyer's bank, which will charge the payment on behalf of his client, the buyer, and the amount credited to the account of foreign correspondent bank of the merchant's bank. The correspondent bank will credit the check to the merchant's bank, which in turn will credit the amount on behalf of his client, the seller.

Examine the risks of the check and then foreign bank: there may be differences in the legal framework between the countries compared in this respect, the credit is not definitive, but is subject to collection, the time is long for ' outcome of the payment there can be differences of meaning and value to the protest, we must put into account travel days of the check, are put in a difficult account to act in the process of regression and lack of autonomy and enforceability payment and this type of payment is also revoked.

The Bank Draft Negotiating subject to collection has the disadvantage that if the payment was not honored, is debited to the beneficiary plus bank fees and charges.

If you send after final payment, you can talk very much in advance payment. It awaits the conclusion of the procedure that leads to the crediting of the bank account of the beneficiary and then provide for the supply.

Finally, in the case of the so-called "Lock Box System", the recipient inform your bank of the countries of operation and corresponding foreign bank which is domiciled at the Lock Box (PO Box), then the beneficiary authorizing the foreign bank domiciled in the estuary Lock Box to trading on its behalf and at their own risk, the check is then deposited by the buyer to the post box at the bank in the country of domicile of the buyer at the buyer's bank.

The advantages of the Lock Box System are therefore: reduced risk, speed-of collection, the buyer's liking (it uses a fast way of payment), built in the country diemissio0ne, saving commissions in case of a failure to pay can be exercised 'action for recovery under the terms established by the law of the buyer, there was a significant improvement of day to credit the amount of currency, because of fact is transformed into a bank abroad, and the scrutiny of the payment becomes faster and more effectively. The

COD (cash on delivery) can be paid via: bills, check bank account, bank statement block of funds, check drawn by the bank (bank draft), bank certificate of transfer of the funds, bank statement order of receipt of payment to the seller, bill is accepted.

E 'important in the case of COD:
  • not leave the management of transport to the other party
  • pay attention to the provision of delivery of the goods (Incoterms)
  • choose carefully instructing the agent accurately and on time delivery constraint about
  • shipping charge him with a clear letter of instruction (mandate) to return the mandate
  • be countersigned for acceptance specified in the same conditions under which it is bound to deliver the
  • goods specified nell'incarico (mandate) the responsibilities of the shipper
  • challenge, via registered mail, any shortcomings if the shipper does not comply with the instructions which he promptly accepted
  • check if COD is unsuccessful
  • not overlook the importance of getting hold Visa confirming the release of goods from the customs territory in case of non-EU destination of the goods.
Another form of international payment is the documentary collection. This works on the principle of "payment against documents", ie, as a result of the contract between the parties, the seller shall ship the goods, then takes care of delivering the documents to the remitting bank to send the documents to the collecting bank, which will forward the documents to the presenting bank, which in turn will take care of the documents to the buyer who will collect the same and the payment to the presenting bank. The presenting bank then transfers the funds to the collecting bank, which will make the transfer to the transmitter that will credit the payment to the seller. You can also talk about " documents against acceptance, a procedure similar to that described above to which is added by the buyer the right to accept or reject the documents before proceeding to payment. The actors involved in this type of payment are therefore five: the customer (the seller) or leasing documents called "principal", the remitting bank, known as "remitting bank", the collecting bank, called a "collecting bank " the presenting bank, known as "presenting bank", and finally the drawee (buyer) said "drawee".

There are essentially four types of documentary collection:
  • against payment at sight against accepting payment for a specific date
  • free payment / settlement
  • against accepting payment at a future date and context, and endorsement or bank guarantee.
I risks of this type of international payment are due to six types:
  1. the renunciation of the goods by the buyer, the difficulty in
  2. ago return the goods are not withdrawn and place it under economic cost, to another buyer
  3. removal of the goods without making payment or accepting
  4. the request for withdrawal of documents against payment of an amount discounted from the original
  5. non-payment at maturity of the bill is accepted bill of exchange or promissory
  6. removal of the goods without the presentation of the representative document: the bill of lading
The ncassi the simple (clean collection) are
  • the promissory note (promissory notes);
  • accepted and not accepted bills of exchange drawn (bill of exchange accepted or not accepted)
  • checks bank account (check or checks), bank receipts (banker's receipt).
The electronic receipts instead are
  • the Lastschriften, built by debit notes in Austria, Switzerland and Germany);
  • the BOR, Billet a Ordre releve (concealed electronic promissory notes in France )
  • LCR Lettre de Change releve (to collect receipts or bills of exchange drawn accepted or not accepted in France);
  • IEF, Efecto de Electone Cash (concealed electronic bills in Spain);
  • MAV, RID, interbank relations, direct RIBA Cash Receipts Bank of Italy.
There is a form of payment that Documentary Credit . This consists of a written undertaking of the issuing bank on behalf of the buyer, this commitment is sent to the merchant's bank, that bank or advising or confirming or designated, the commitment is an obligation to perform a benefit (payment, acceptance or negotiation ) at a certain date to the seller, subject to the submission documents requested and provided that they meet the terms and conditions of credit as defined by UCP (Uniform Standards and Uses), Pub. 550 the ICC (International Chamber of Commerce) http://www.cciitalia.org

we examine the Uniform Customs and Practice for documentary credits to (UCP). These applications designate the claim, the meaning of "credit", the documents and goods / services / performance, the necessary instructions to issue and amend the form and notification of claims, obligations and responsibilities, documents, tolerances The validity and place of submission of documents, the transferability of credit, an assignment of proceeds.

The characteristics of this form of payment are essentially:
  • time: credits are by their nature, separate operations from sales contracts or other contract in which they can rely
  • abstraction: the claim is released from the case in which it originated, ie the underlying contract
  • Formalism : banks will have to examine only the documents presented to establish that, in the form they displayed in accordance with the terms and conditions of the credit, because the benefits promised by them is bound (subject) the submission of required documents only
  • Binding of ' commitment: the issuing bank and / or the Purchaser have entered into a database at its heart require the submission of documents required before an effective date in accordance with all terms and conditions set out in credit.
The Documentary Credit can be revocable or irrevocable in the second case can also be confirmed or unconfirmed, if it were irrevocable and can not be confirmed "by appointment" or "without appointment."
unconfirmed irrevocable letter of credit is a commitment to provide only the issuing bank, thus requiring the elimination of commercial risk, otherwise known as "risk score".
If the documentary credit is irrevocable and confirmed, it is a commitment to service by a bank other than the issuing bank in addition to the commitment of the issuing bank, thus requiring the removal of country risk and bank risk.

parties that are involved in the documentary credit are: 'originator, the beneficiary, the issuing bank, the advising bank, the nominated bank, the confirming bank and the bank rimborsante.

The documentary credit is structured along the following steps:
  • conclusion of the contract assignment
  • emission
  • pre-constitution of the funds
  • credit emission
  • receive credit
  • issued notice of the issue of credit
  • confirmation, if requested
  • control
  • any change
  • production and shipping
  • delivery of documents to the designated bank and / or confirming
  • compliance review documents
  • execution performance if it conforms
  • sending documents to the issuer
  • verify compliance by the issuer
  • reimbursement documents to the buyer delivery charge and collect the goods

The phases are summarized as follows:
  • conclusion of the contract between seller and buyer
  • behalf of the buyer to the bank to issue credit
  • issuance of documentary credit
  • notification letter of credit confirmation letter of credit if required
  • edit any letter of credit
  • use of the documentary credit
  • document examination
  • regulation of documentary credit
At the time of the seller and the buyer will have the contract of supply; the buyer will then open the letter of credit with the issuing bank, which will issue the credit to the advising bank that will inform the seller of the future issuance of credit confirmation.

If you decide to change the text of the letter of credit, there must be a p Revio agreement between seller and buyer, the buyer will require the issuing bank to amend the wording, the issuing bank will accept the change and notify the bank Advising the same. The advising bank, finally, accept the change and notify the seller of the change occurred.

The presentation of documents for use of credit, will provide: an effective date, place and period of validity of the documents requested in the text of documentary credit.

There are various types of documentary credit:
  • transferable credit revolving credit
  • subsidiary credit or credit controcredito
  • anticipation
  • standby letter of credit
The standby letter of credit is a particular form of documentary credit which is a payment guarantee that the bank shall deliver to the beneficiary, unconditionally committed to perform the promised service (payment, acceptance or negotiation), if the other party was at fault.

The regulations governing this tool is expressly mentioned UCP by the ICC Pub. 500 in force since 1 January 1994, but is a specific regulation with the publication. 590 of the ICC regarding the rules and international practice on the Stand By "(ISP 1998), in force since 1 January 1998. The

Stand By L / C is not a direct commitment : is a commitment liabilities of the issuing bank and / or confirming it is a tool and do not guarantee payment; assists a payment by bank transfer via SWIFT is subject to international standards may eventually be confirmed, the bank agrees to pay upon presentation of documents, there may be a declaration of default by the beneficiary of the originator.


Credit risk: how to deal with?
  • commercial risk
  1. Payment
  2. Internal Management Check
  3. to Export Credit Insurance
  4. Assignment of receivables without recourse
  5. Bank guarantee is not confirmed and irrevocable letter of credit
  6. Stand by letter of credit has not been confirmed
  7. Discount without recourse securities
  • Political Risk and Trade:
  1. Payment
  2. to Export Credit Insurance (SACE or SACE BT)
  3. irrevocable letter of credit confirmation and
  4. Stand by letter of credit confirmation with
  5. Discount without recourse securities
  6. supplier credit for perfecting the bank

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way out of crisis

(AGI) - Rome, OCTOBER 29 - 120 consortia members for a total of more than 4,500 enterprises, with a leverage of one to three on the contributions received.
These are some of the numbers that emerged in the two days of debate and business meetings - over 400 b2b made between the consortia and the chamber system - organized by Federexport in Salerno, in conjunction with Intertrade and Federexport Campania, in conjunction with the eighteenth World Convention of Italian Chambers of Commerce abroad.
"The 2008 survey on Export Consortia Italian - said Gianfredo Comazzi, President Federexport - reveals that SMEs in traditional sectors of our manufacturing sector managed to increase the quality 'of products and improved performance in foreign markets thanks to the network of consortia. Our system, however, 'in recent years has suffered from a lack of uniform application of federalism that has distorted competition on the ground, while penalizing the consortia of one region to another. We need more coordination: on exports, the Regions must legislate in a clear and consistent, without missing funds and resources. At a time like this, and 'essential to support the activities' export and the efforts of companies in foreign markets, which may be our way out of crisis. "
Deputy Minister of Economic Development with responsibility for Foreign Trade, Adolfo Urso recalled that the Ministry is making it ever more concrete tools available to SMEs in order to support joint projects in internationalization: "besides the management of two ad hoc methods in favor of export consortia multiregional - Law 83 of 1989 and Act 394 of 1981 - the Government has set up in order of allotment for 'year 2009 the amount allocated on the estimates of the budget 25 million Euros as a contribution to economic actors, including consortia. Consortia for exports have played a key role in recent months: the aggregation business aimed at promoting foreign markets registratasi in regions like Puglia, Campania - continued Urso - has been the key to the success of our national economic system that has failed to respond better than others to the economic crisis International Finance. "

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Cibus.tec see the internationalization of companies

Seventy years of history from a Tecnoconserve Cibus Tec are" a value that does not make the sudden and Fiere di Parma the landmark worldwide exhibitions of machinery for food industry . 'With these words the president of Fiere di Parma Franco Boni opened Cibus Tec 2009, the exhibition of technologies and machines for the agro-food, open until October 30 with nearly 700 exhibitors (100 from 21 foreign countries). They are expected to attract around 30 000 trade visitors and are included in the program a dozen technical meetings.
The Regional Councillor for Productive Activities Duccio Campagnoli, Mayor Pietro Vignali and the President of the Province Vincenzo Bernazzoli reaffirmed the centrality of Parma for Italian food. In 2010 it is planned the issue record Cibus, the international power that can count on 50 thousand square meters of exhibition area and a new look of the neighborhood fierristico.
At the inaugural meeting was attended by the president of Federalimentare Giandomenico Auricchio, which reaffirmed the essential holding of the industry (the whole of 2009 is scheduled for a production loss of 2.5-3%) with a double-digit decline in exports due to the global crisis. Most significant decrease (15-20%) there was the turnover of manufacturers of plant and machinery for the food while it is even more pronounced as the decline in sales of machines for food packaging (also 40%). It is expected the producers of packaging machinery will recover in 2010 while the decline in orders for equipment for processing food commodity forecasts are less optimistic. "But the large influx of foreign players in this Cibus Tec - said the president of ICE Umberto Vattani - is proof that one can hope that a positive acceleration to a piece made in Italy which remains at the top in the world. "
NEED TO GO OVERSEAS TRAINING: LAUNCH OF A PROJECT. The President of ICE Umberto Vattani and the Director General of Cariparma Giampiero Maioli submitted on the opening day of the program G-Tec Cibus Exp (Global Agribusiness Executive Program). It is a path of higher education (2009-2010) focused on internationalization and provides, in addition to classroom training and e-learning, a study-tour abroad and the development of an international project. "And 'the first edition and I hope others will follow - said Vattani -. Combines Ice, Cariparma and SDA Bocconi in a path for 25 managers and entrepreneurs who come from small and medium industries that make great Italian food in the world. "
"Cariparma and Friuladria - reiterated Maioli - operating in areas dedicated to agricultural and with a historical roots. Today the group is also involved with the overall responsibility for Credit Agricole in services aimed at the development of addressing the problems of supply chains with new tools, even with training. " Cariparma has also entered into investment fund CA Food (C3A) with a initial availability of 95 million that will accompany the agribusiness companies for growth and internationalization.

Wednesday, October 21, 2009

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Made in Italy: conservation and development of products as an antidote to the economic crisis

The protection of "Made in Italy" is a priority as a means of enhancing the competitiveness of Italian industry, especially in the context of market globalization and the consequent escalation of international competition. Confindustria on this issue is particularly sensitive and has long been in place concrete actions in support of "Made in Italy", at both national and community levels. In order to take stock of the growing importance of the issue and to discuss legislative action in order Confindustria has now organized the conference "Protection and enhancement of the Made in Italy: transparency and competitiveness," held at the Auditorium della Tecnica, its headquarters in Rome.
The meeting was opened by Paolo Zegna, vice-president for international affairs of Confindustria and was attended by Minister for European Policies, Andrea Ronchi and Economic Development, Claudio Scajola as well as representatives of trade unions, and business, including Raffaele Bonanni, secretary general of the CISL, and Giorgio Natalino Guerrieri, president of Confartigianato.
During the discussion it was intended to take stock of the "Made in Italy", as a driver for competitiveness and as a tool for consumer information, as well as to make synergistic legislative initiatives at national and Community level is also wanted to define a common strategy and effective for the approval of the proposed EU regulation "Mandatory labeling in the EU import of certain products imported from third countries, the latter project gave birth after extensive consultation on the subject between industry, unions, consumers and other institutions. This regulation has proposed the introduction of a system of origin marking required: this system involves a number of areas, among which are mainly textile products and is applicable eclusivamente to imported goods. Wove praise of this' Community legislative action in the first place, the Minister for Community Policies, "the finiano" Andrea Ronchi, an option that on balance, takes best into account the interests of the majority of stakeholders, be they industries, unions or associations of consumers and limiting both the potential costs and negative effects for the other actors involved (EU industries that have relocated production outside the EU).
's hand Community legislature in the same Ronchi was necessary because the EU was placed at a disadvantage compared to its trading partners (Canada, China, Japan and the United States), the latter having already provided for the affixing of a mark 'origin on imported goods so European exporters are thus required to fulfill this duty, and just to put the mark on their products. The mark of origin serve to prevent the reputation of the Community industry being tainted by claims Source inaccurate and misleading, it would also facilitate consumer choice and help to reduce the number of fraudulent claims.
With regard to the policies of national support to the "Made In Italy" was Claudio Scaiola to report describes the contents of a campaign to promote Italian excellence, "If you speak fashion, you speak Italian ',' if talk about fashion, talking about Italy. This is the title of the communication campaign already presented a preview of September 29, 2009 by the Minister of Economic Development, and the President 's National Institute for Foreign Trade (ICE), Umberto Vattani, provides support for the Italian fashion in the U.S. . The ICE project is targeted primarily on the U.S. market, with a budget of over 3.5 million U.S. dollars and covers the period October 2009-April 2010 developed along three lines: actions to stimulate the purchase of Italian fashion products from U.S. buyers; actions to stimulate the direct sale of Italian products in USA, image and communication campaigns to relaunch the Italian dream, 'Italian the Dream ', in the imagination of U.S. consumers. He also continued listing legislative measures implemented by the government in matters to which it belongs, among them the establishment of a system of mandatory labeling of finished products and intermediates in the textile, leather and footwear, showing the location of origin of each stage of processing and ensuring the traceability of products.
At the end of the round table conference began on the same subject which was also attended by Emma Mercegaglia, president of Confindustria, which said''We will ask the government to strongly support the adoption of a 'made in '''at the European level, so that all countries have the same rules and he knows well the origin of goods.''

Referring to the made in Italy, the leader of Confindustria, said that''and 'a great force in this country and we think that all regulations that support and reward transparency for the consumer who must know what they buy, are important and right.'' The

Marcegaglia then recalled that''and 'a compromise was reached earlier this year with the government for a policy that clarifies how to handle the marks when writing made in Italy or made in China. From our point of view and 'a positive proposal that must be pursued and must not be distorted.'' It is also given a little off topic by responding to the words of Minister Tremonti who in a statement to a newspaper declaring himself in favor of the culture of the fixed place contradicting that which is its ideological and cultural setting. " Culture of the fixed place nefarious "so 'has defined the same president of the Manufacturers -which has continued so' "Obviously no one is in favor of precariousness and insecurity, particularly at a time like this. But we are for the stability of enterprises and jobs, which does not do by law, "he added Marcegaglia, listing the problems that''the culture of the fixed place" has resulted in Italy:''an increase in unemployment, for example, submerged in the South, and created in public administration this logic absenteeism and lazy so despicable. " The leaders of the industry could support a''regulated flexibility and protection, such as one made with Treu and Biagi, who has created three million jobs. "With regard to the weight of job insecurity in different sectors, the industry leader''wanted to point out that the industry is one that is more stable employment for the bulk of insecurity and the university, government and the school. We need to give an answer to that. " Marcegaglia for''the strength of this country is not the culture of the fixed place, but it's five million small and medium entrepreneurs who are at risk and should be on the market and try to do everything possible even at a time like this. "

''An economy such as the Italian, is very important from a manufacturing company, workers must rely on stable, happy and well paid, "he says so on the sidelines of the meeting of Confindustria, Emma Marcegaglia,''according to which the culture of the fixed place is a throwback." According to Bonanni''flexibility and stability can be together, but they can not do unpaid flexibility and instability, otherwise it becomes precarious.''Flexibility, said the leader of the CISL,''is imposed within a framework of job stability , which means a higher salary than flexible. "For this reason, he adds Bonanni,''Tremonti to ask a greater tax relief for these employees and ask Confindustria increase wages, because if you have to pay more for those who deserve most is not who deserves more of a flexible work ".

Monday, October 19, 2009

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letters of credit

The letter of credit is a document issued by a bank, which acts as guarantee For a person to obtain financing from other entities that may in turn be banks or suppliers.
is often used in operations export and import ( documentary credit ) when the buyer provides the seller a specific sum for the provision of goods and services; amount the seller receives only under certain conditions agreed at the start and that the bank is the guarantor of control. For the regulation of these operations are referred to the Uniform Customs and Practice .
These documents are generally required to commercial invoices, proof of transport (land waybill, air waybill , railway consignment note, bill naval etc..) Usually supplied by charge of the transport agent, a certificate of insurance , a certificate of origin, a quality certificate, a list of prohibited sent etc.etc. The bank is committed to check the correctness of the documentation provided and, if so, to credit the amount of the letter of credit to the beneficiary.
The validity of the letter of credit is also agreed at the start, both in the timing of delivery of the materials in the duration of its validity. Other features are that it can be "revocable" or "irrevocable", "confirmed" or less from the bank and not be at the vaults of the bank issuing the nation or those in the target nation.
This type of payment method is useful especially in cases where the counterparties are located in different countries or you want to ensure against possible defaults.

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INCOTERMS - International Commercial Terms

Incoterms, international commercial terms contraction is the number of terms used in the field of imports and exports , valid throughout the world, which defines in a unique and unmistakably all right authority and duty to the various entities involved in an operation to transfer assets from one country to another.

those involved

In transport of any material between two different nations involved are usually different actors:
  • Seller
  • conveyor
  • Customs
  • Buyer
  • Insurance
The transfer of a material departure to arrival can be schematically divided into blocks (right) involving:
  • Sender (the person who exports the goods)
  • Customs in the Nation Departure Port
  • or airport of embarkation
  • Frontier that can be geographical or virtual (port and airport are considered state borders)
  • Transport ( truck, train, plane , ship) with which the goods are transferred
  • infrastructure (port, airport, a customs warehouse) of landing the nation's Customs
  • arrival
  • Recipient (the person importing the goods).
Explanation Schematic of acronyms

Each symbol encoded nell'Incoterms clearly define who should bear the costs and responsibilities for each part of the transport, for customs charges departing and arriving to insurance costs. An important part (often overlooked) is the indication, after the initials of the specific name of the geographic location of the border or port / airport to which the term itself refers.
terms Incoterms have been ratified by ' International Chamber of Commerce (ICC) and originally published in English with authorized translation into 31 other languages \u200b\u200bby the various national chambers of commerce.
The latest revision of the agreement was made in 2000, hence the current name correct INCOTERMS 2000 .


Groups

the need to establish clear rules on what rights and duties and who should bear the various expenditure has resulted in a series of initials, divided into groups, very specific:
  • Group E - (Derived from former , departure):
    • EXW. Ex Works (place)

  • Group F - (derived from Free , transportation not paid):
    • FCA. Free Carrier (place)
    • FAS. Free Alongside Ship (specific port of departure)
    • FOB. Free On Board (specific port of departure)

  • Group C - (derived from Cost, carriage paid at the start):

  • Group D - (Derived from Destination finish):
    • DAF. Delivered At Frontier boundary (specific)
    • DES. Delivered Ex Ship (port specific)
    • DEQ. Delivered Ex Quay (port specific)
    • DDU. Delivered Duty Unpaid (Place)
    • DDP. Delivered Duty Paid (place)

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Activities Export-Import and customs aspects Brazilian

Before starting to describe the activities and the main figures of the Brazilian customs system, we think it important to point out that although it is a just system, it will work in harmony with major international trade rules.

To start a concise overview of the export and import operations in Brazil, you have to talk about Siscomex - System Integrada de Comercio Exterior. This system, implemented in 1992 and whose main goal is to streamline and modernize the operations of the Brazilian trade with foreign countries, controls all operations via an information flow of information. Siscomex to have access, in addition to the three official bodies involved in foreign trade of Brazil (Banco Central do Brasil - SESEX, Secretariat of Foreign Trade and Receita Federal), all exporters and importers.

flow of imports in Brazil
Before exporting any product to Brazil, it is important to check beforehand whether the import of those goods is allowed under Brazilian law, and if you require an import permit. You will need to explore the correlation between the heading European and Brazilian, which differ after the first four digits.

Siscomex system, the despachante Aduaneiro, the radar Receita Federal and Banco Central do Brasil, are the structural components of the Brazilian customs system, which operate in harmony with each other.
While institutional organizations need not point to particular notes, the figure of despachante Aduaneiro is important to know that this professional typical Brazilian is the technical partner accredited institutional organizations, an important figure with a major role. In case of import or export activities without warranty logistics operator, you should check in advance professionalism.

Flow export from Brazil
Any export operation should be formalized with a document, the RE (Export Registry). This statement is the first step in the legitimization and authorization of an export. In this document, we declared that information commodity, financial, currency and tax laws that characterize the type of exported good.
agencies and professionals involved are those of the aforementioned article, without some procedural typical exports.

Note: It is important to remember that some products such as coffee and sugar, are in need of a specific prior authorization the organs of government, so that they could export.

Source: Italo-Brazilian Chamber of Commerce

Monday, August 31, 2009

You Have Completed Community Service Letter

The region is expressed: the Council's position is to be reviewed Budai

Region, by letter of August 21 last, is expressly inviting the City Council to review the position of Councillor Albert Budai.
The Civic List at the first council had abstained on the validation of the counselor as the Budai same appears to be also a director of Waste Management Consortium. This situation is incompatible with the terms of the Consolidated Local Authorities.
Region, at the request of Councillor Cignola, was made confirming the hypothesis of incompatibility.
of this story is the fact that the legality due to the City Council has had to intervene Gonars the minority while the majority, despite having been made aware of the fact, he deliberately ignored the issue.



Wednesday, August 26, 2009

Hepatitis C More Condition_symptoms, Skin

Sfuei No 2





Sunday, August 9, 2009

Funny Baby Congratulation

Sfuei No 1







Friday, July 31, 2009

What Kind Of Pill Do I Have

First City Council to the Civic List Gonars

The Gonars 25.06.2009 was held in the first municipal council of Mayor Marino Del Frate.

The first resolution concerned the Validation of the elect and the list here soon Civic by the parent council Cignola Ivan proceeded to challenge the incompatibility Councillor Albert Budai as the same is also on the board of directors of CSR Spa in San Giorgio di Nogaro has contracted the service of waste collection and disposal for the City of Gonars with obvious conflict of interest. The majority of directors despite the presentation to Council by the minority of two opinions (one from the Ministry of the Interior and one of the Friuli Venezia Giulia) have decided not to accept this challenge and have provided validation Councillor Albert Budai knowing that If this principle were to be confirmed all the acts that will participate in the Budai not valid.

It is believed that the majority group has acted with apparent superficiality refusing to go into that.

The Council continued with the swearing in of Mayor and the disclosure of contacts with relevant mandates of the new councilors.

Mayor Del Frate choices have been criticized by minority group in the first three decades after a woman was not named commissioner, having among its directors three women representatives with proven competence and capacity, and have cut more than sixty years after the councilor representing the fraction Ontagnano this is an obvious punishment against the population of Ontagnano who voted in majority for the Civic Party.

E 'was a clear division of policy departments to a Northern League, a UDC and two on the PDL. In the allocation of departments did not take no account of past experience among the desks of the City Council of three members Bigotto Diego, Elena Businelli and Giancarlo Ferro.

Gone are the departments of the library and the Friulian language while it is illogical to have split from the Department of Environment on the Horn River Park.

He then proceeded to form the groups Board and the appointment team leaders. Ivan Cignola to the Civic List , Albert Budai for the Northern League , Emanuele Baggio to the UDC, Diego Bigotto for the PDL with the apparent anomaly that two Councillors (Baggio and Budai) are of the dual role of assessor and team leader. Brother Of The Mayor then found himself in obvious difficulty when deciding which group to join the council so much that he decided to form a new group "The Mixed Group", which is the only component, giving rise to another anomaly for the City Council that now sees 17 Gonars advisers divided among five groups consilari. The Civic Party believes that divisions can be a cause of instability in city government.

There was certainly a good start.

City Council, Civic List:

Ivan Cignola

Fabrizio Martelossi

Italo Graziutti

Elisetta Moretti

Lauro Cocetta

Nicola Di Tommaso

Strongest Way To Connect Wood

thanked the voters

Dear voters and electrical

After the elections Administrative 6:07 June and after fourteen years of real commitment in public administration, the civil list rose to the position of minority: from now on, the board's meetings will be represented by the Civic Party leader Ivan Cignola (former Mayor), from Elisetta Moretti (former Mayor), by Fabrizio Martelossi (former Deputy Mayor), by Lauro Cocetta (former Deputy Mayor), Italo Graziutti (former commissioner of public works) and Nicholas Thomas estimated professional with considerable experience in the technical field.

This minority, as well as being highly qualified, has a long administrative experience.

Gonars never had a minority as strong as it is composed of six directors, which are part of a single group, accounting for 41.86% of the votes of gonaresi, while the PDL stands at 34.38%, the Northern League 12.39% and the 'UDC on 11.78%.

The Civic List is that individually scored the highest number of votes in elections and this it is gratifying for us and we want to thank all those who have placed their trust and we have sent certificates of appreciation and gratitude for his work to the community of Gonars.

The new Mayor Del Frate, Marino was elected only by agreement of the three party-list and the list civic wonder even now what will happen when a Gonars at provincial or regional this party agreement will no longer be considered valid.

That Del Frate and 'was a victory of the secretariats of the parties, while respecting the rules, did not hesitate to field an army of candidates for the flag, 33 of which have already concluded their experience here, but to overthrow the list Civic that 14 years has ensured the proper administration of the City of Gonars.

Now as opposition calls for respect for the rules and expect to be enabled to participate actively in all the fundamental choices for the citizens of Gonars and be involved in committees Board , if they are made, and we shall ensure that public works in progress: pre-school, senior center, photovoltaic systems, green areas for games, just to name a few, already funded more than five million euro, the mission is completed.

City Council, Civic List:

Ivan Cignola

Fabrizio Martelossi

Italo Graziutti

Elisetta Moretti

Lauro Cocetta

Nicola Di Tommaso

Thursday, July 9, 2009

How To Set Up D2nt For Party



Dear reader, this blog is still under construction. The correct link is the blog of AIM ADRANO

http://obbiettivo-adrano.blogspot.com

Hanna Montana Desnudo

CITY COUNCIL 15/07/2009 at 18.30

by http://www.comune .adrano.ct-egov.it/il_comune/organi_di_governo/il-consiglio-comunale/sedute-consiglio-comunale/default.aspx? news = 2065

Points Ordinance .
dg

1) Approval of minutes from previous sessions No At No. 23 28;

2) Amendments to the Convention for the award scheme of the service period 2009/2012 Municipal Treasury, approved by resolution of the Civil Law 4 of 28.01.2009;

3) Quantification of areas and buildings to be devoted to residential, manufacturing and service to be divested of ownership or leasehold;

4) Plan of transfers and / or use, pursuant to art. 58 of Decree No 112/82008, converted into Law No. 133/2008;

5) Approval of the 2009-2011 three-year program of public works and the list Annual Public Works ;

6) Approval of Budget forecast year 2009, budget years 2009/2011 and 2009/2011 Forecasting and Planning Report.

Wednesday, July 8, 2009

Ugly Doll Birthday Invitations

THE MAFIA: YOU DO NOT FEEL BUT THERE '

few weeks ago I read statements by Gianfranco Micciche (sottogreterio for President with responsibility for CIPE) on "mafia" that seemed to me worthy of note.
Miccichè on that occasion stated that "the mafia
feel much, much less this year compared to 90 . Statements that come from a doc Palermo, who knows the environment, a person who has the "qualifications" to speak of the problem.

If taking such tests to be a party might be easy, since the 90s were characterized by a strategy stragista "unmatched in the history of Sicily, on the other side is certainly misleading, because the mafia wanted to have change strategy: he understood that the challenge to the state (given by Riina in the 90s) is a losing tactic and preferred the "strategy of flooding" of "zu Binnu. The Mafia
unfortunately is still there. Do not use more explosives and a shotgun, but kills the weakened concrete (see Caltanissetta) its subtle and pervasive bureaucracy in the economy ... And this is still the obstacle to the development of our country.
is said (and the same Micciché supports him) that the work on the Messina-Palermo there were no mafia infiltration. If it were true it would certainly be a great result but it is necessary to improve surveillance in order to obtain these results even in the field of wind energy in the construction of energy plants and all the great work (see Bridge) which should be implemented.
The feeling, beyond the words of our politicians, is that we still lack a decisive step forward because, despite the attempt to Confindustria Sicilia and many arrests, lack of certainties (including legislation) that would make us feel small entrepreneurs, shopkeepers, who then are the people who "live" the Mafia really, truly "protected."




(video reported by Petrelli)

Monday, July 6, 2009

Aluminum Church Letters

REPLY TO AN EX FRIEND COWARDS

of John Rich



I feel obliged to respect those who read the blog and recognize in this association, to respond to the accusations, unfounded and free, driven by a friend with whom I had shared part of my commitment (socio-political) for this city and now is here (on the shoutbox above) to launch tirades against me.

I know who knows me has no need for clarification or explanations but I found the correct answer in each case for the wall to put this impromptu inquisitor.





Dear friend or former friend, instead of complaining about me with third parties (which I promptly disgraced), or worse, come here to complain and insult me \u200b\u200band others by anonymous The you are very qualified, why do not you tell me these things when I meet on the street, rather than pretend nothing has happened, or change direction?

you, great patron, what have you done for your city? Objective Adrano up to a year ago does not exist except in your mind. I could list the activities that you were able to bring to completion in two years and the number of people who are able to participate ... And make me do this would be enough (for both) the fingers of one hand! This says a lot about your modus operandi. I could tell so many things that distinguishes me is correct but requires me not to. These are all things that you say "in the face" The next time I see you, this time avoiding pleasantries that does not grant cowards.

I, in September 2008, by myself, I picked up the project that everyone (you first) and I gave him had left my mark, less philosophical and artistic, more practical, more "political". As in all things, there are those who did not agree and went away, there are those who have been attracted to it and the whole movement has grown, managing to involve a greater number of boys, keen to engage actively and practically The city, without considering the merits of the success or those obtainable.



So that's another point I wish to address the commitment of myself and of us all, turned to Adrano. Meet with doubt with the "scoop" on my relatives (all of which I know!) I find it really ridiculous and meaningless. Also because it has never appeared as a symbol of the party on this site, nor has ever tried to gather support for this or that! All those who participated in the meetings (although informal) can testify that we have had.

Adrano currently has need of civilization and social commitment before culture. I give priority to this area but not lose Target Adrano its "cultural characteristics". Leisure time is short and unfortunately I think it is already a miracle to have achieved what has been done so far without spending one euro and above just starting. Regarding your worry about the name "Association socio - cultural, I think the definition is very fitting ... If you want to discuss but have accommodated the education to do so politely, because" alien "you took too much" freedom "in people's houses.





conclude by pointing out that you yourself (the ip is the same) in July 3, you wrote:

" former president of OA gnaw their hands complaining left and right on the work of John, two years in 1000 the blog had 65,709 visits today. He thought to make contemporary art exhibitions hour or more has become a reference point for the city. Will envy? "



There is a lot to say and much to "study" on this post and the following page but the important thing and 'unique I care is that now I can answer your question: YES ' , six envious.



I would welcome the views of readers and contributors on the story. Thanks.