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Many businessmen’s money was trapped in Vietnam, Jordan, Latin America and Iraq
Morbi: Morbi’s ceramic industrialists are facing a butch button in the country, now export trade is also affected, especially in Vietnam, Jordan, Latin America and Iraq, when the money of many industrialists is trapped, not to do business on credit, the leading ceramic industrialists of Morbi and Board of Trade member of the government, Nileshbhai Jetaparia has appealed.
Nileshbhai Jetaparia, the leading ceramic industrialist of Morbi and former president of Ceramic Association and member of Trade of India, requested all the ceramic industrialists of Morbi and said that recently there are news of money entanglement in the export business of many industrialists.
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Especially in Vietnam, Jordan, Latin America and Iraq, he said that Spain, Italy and China also do big export business, but they do business with LC and advance payment instead of credit, while the entrepreneurs of Morbi also use this system If adopted, the problem related to such trade can be avoided in future.
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