Authorized Economic Operator

1. AEO stands for Authorized Economic Operator. Different countries have different versions of this program. In the United States it's called the Customs Trade Partnership Against Terrorism (CTPAT). 

InCoTerms 2020

1. Incoterms are universally recognised rules. They guide buyers and sellers when formulating and fulfilling a contract for the shipment of goods. A careful study of INCOTERMS 2020 will repay the effort by enabling more favourable trade terms.

2. It allows the manufacturer and buyer to open the doors to more effective trade finance. Trade Finance helps importers and exporters with international commerce activities.

3. The definition of InCoTerms (International Commercial Terms) was first introduced in 1936 by the International Chamber of Commerce (ICC). Incoterms 2020 marks the first update since 2010 to keep pace with the continually evolving global trading landscape.

4. The latest version of the rules came into effect on 1st January 2020. It consisted of eleven separate Incoterms, with some specific revisions that are worth addressing.

5. Incoterms 2020 rules make security more prevalent by listing import and export requirements. Also, they help in distinguishing whether the buyer or seller is responsible for meeting each of those requirements.

6. The two main categories are Any Mode of Transportation and Sea & Inland Waterway

Transit Oriented Development Financing Strategy and Best Practices

1. Transit Oriented Development (TOD) is a way of developing, financing and delivering transport infrastructure projects. 

2. It has gained popularity – particularly in the Far East and parts of the United States – over the last 15 years. 

3. This popularity is set to soar as project owners and governments continue to search for novel ways of financing transport infrastructure developments.

Master Developer Approach - Implications of the greater flexibility in land use

The Government is introducing greater flexibility in land use so as to accommodate the diversifying space requirements of the innovation economy. It is introducing the Master Developer approach to develop districts based on land use and gross plot ratio.