Kind of trade financing

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Suppose, an UK exporter received an Irrevocable LC for the supply of Cars from a European Bank on behalf of European importer. To manufacture the ordered cars, the manufacturer doesn't have the required raw materials to complete the order. To execute this order he has to import Raw materials from India. At these moments, the French exporter will have to open an import LC favoring the Indian supplier to import cars. This LC is opened by Indian Bank keeping the Master LC in the back. Which kind of Trade financing will help them? Elaborate the model

Reference no: EM133109636

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