1. Negotiating with suppliers isnever an easy task. Add to thatthe problems that may arise fromcommunicating with someonefrom another culture, speaksanother language and…
1. 2. LETTERS OF CREDIT As a Method for International Financing Presented by Laura Kraus April 26, 2005 NCMA World Congress 2005 “ Prime Time: Contract Management at…
1. 2. LETTERS OF CREDIT As a Method for International Financing Presented by Laura Kraus April 26, 2005 NCMA World Congress 2005 “ Prime Time: Contract Management at…
INTRODUCTION Letters of Credit have been a cornerstone of international trade dating back to the early 1900s. They continue to play a critical role in world trade today.…