An Import & Export License is an official authorization granted by a government to individuals or businesses, allowing them to engage in the international trade of goods.
This license is required to legally import goods into a country or export goods to foreign markets. It helps regulate and monitor cross-border trade activities while ensuring compliance with relevant laws, regulations, and trade agreements.
The license may specify the types of goods that can be traded, the quantity limits, and any applicable taxes or tariffs.
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