AboutDavide Andrew Papa Expertise All matters pertaining to assisting Private import export INTERMEDIARIES, AGENTS and BROKERS Regarding International trade Laws and procedures,Letters of credits, as per UCP 600,Presentation, Commissions,International Rules of agency, and Incoterms 2000. All matters pertaining to shipping documents relating to the Import and export of products from one country to another.All matter for buyers and sellers of commodity products relating to the import and export industry.FTN with the introduction of UCP 600 will release the publication "The world is yours"(2004) made specifically for Intermediaries.Current inhouse tra ining manual is "Follow the Yellow Brick Road"(2008) Our advice website is www.ftnexporting.com
Experience FTN exporting founder Davide Papa has been trading for over 20 years- and has dealt with a huge variety of corporate entities including Gold and crude oil suppliers. FTN appeared in a major controversial Newspaper editorial in 1994. FTN Exporting official publication "International Trade and the Successful Intermediary"(ITSI) is about to be released world wide (December 2009) by the prestigious U.K publishing firm Gower's (U.K) and is listed on Amazon.com (Keyword: International Trade Intermediary) ITSI is ostensibly the first uniform intermediary trading doctrine of its kind, and will become the standard intermediary practice world wide in years to come. FTN exporting has created the said doctrine and supporting rules of trade defined as "URPIB" (Uniform Rules and Practice for Intermediaries and Brokers), which will (has?) become the most successful set of private intermediary rules ever created.
Publications The World is Yours and "Follow the Yellow Brick Road" www.ftnexporting.com . Author of "International Trade and the Successful Intermediary " (ITSI) 2009 excepts on http://www.gowerpub.com/default.aspx?page=637&calcTitle=1&title_id=11177&edition_id=12138
Education/Credentials Let school early. Became a master chef . Took up business management and later studied "international Trade at Stott's college Melbourne, Australia.
Question I enjoy reading your articles. I, like most others, want to start an import/export business. I want to start small with one product. My question is is there a process for finding professional investors for the first transaction.
Answer
Dear Brian
it's all about learning procedures as it's effectively applied specifically for, intermediary use- which take time-
Small deals take as much effort as big deals do- thus one gives you no or very little commission where the other gives you b a chance to make larger commission- In effect it's not worth the effort to chase small deals-
Investment- You secure the financial instrument from the buyer and use such to transfer payments to the supplier - both of which you have secured-
The financial instrument is not like cash (DLC) and is worthless until you actually close the deal- thus the process is applied accordingly-
A end buyer dealing with a supplier has to put up his money up front first (financial instrument) - thus its exactly the same when an intermediary is involved in a deal as the third party to such
Since i am ostensibly the leading intermediary expert on the planet today, then it's my publications that is able to offer the fullest insight and intermediary needs to learn to apply-If you don;'t know procedures you are wasting your time trading as an intermediary-
A reference publication , a small office at hope , plenty of practice, plenty of studying, good internet /fax connections is the only efforts and expenses needing to apply-the rest is up to you-
