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Showing posts from February, 2018

trade assurance

Trade Assurance The Gafta Trade Assurance Scheme (GTAS) The Gafta Trade Assurance Scheme (GTAS) is available to all companies operating in international grain and feed trades. It covers each stage of the trading and logistics supply chain from farm in the country of origin to delivery at final end-user in the country of destination. GTAS is a HACCP based scheme designed to maintain consumer confidence in the handling and delivery of safe food and feed. It assists organisations to comply with EU and UK food and feed legislation, and provides full traceability in the supply chain, maintaining the integrity and reputation of the products. GTAS is audited by independent certification bodies NSF Certification and DQS GmbH to international ISO/IEC 17065 requirements. Bulk Storage and Transport of Goods by Road certificates are also UKAS approved.

ASSURANCE OF TRADING

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Click Here to Get the Starter Package: All Categories Since Alibaba launched it’s Trade Assurance program in 2014, we’ve received countless questions about what it is, and how it can help importers reduce risk. So, we decided to take a closer look, and uncover what the Trade Assurance is, and how it can protect start ups and small to medium sized businesses, buying from manufacturers in Mainland China. As we did that, we also found out that the Trade Assurance is only as ‘assuring’ as you make it to be.

ASSURNACE PROGRAM

What is Alibaba’s Trade Assurance Program? The  Alibaba Trade Assurance Program  is meant to add an extra layer of security to overseas buyers of goods, primarily, from Chinese suppliers. As such, the Trade Assurance allows the buyer to receive a refund, if any of the following occurs: The shipment is delayed, beyond the specified shipping date The manufactured items are not compliant with the provided quality requirements We’ll get back to these later, but let’s stick to the basics for now. The Trade Assurance program is only offered to  Alibaba Gold Suppliers  that meet certain criteria. Thus, Trade Assurance is not offered when buying from all suppliers. Currently, the number of suppliers offering this, is somewhat limited, but almost certain to grow rapidly in the coming months. The amount, covered by the Trade Assurance, is also limited, and often ranging between  US$10,000 to US$30,000 . That said, it is often enough to cover the initial deposit...