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Packing credit is a short-term pre-shipment finance extended to exporters by banks to meet the working capital requirements for manufacturing or purchasing goods meant for export. The primary purpose of providing packing credit is to ensure that exporters have sufficient liquidity to procure raw materials, process goods, cover labor and overhead costs, and prepare goods for shipment without facing financial constraints. By availing packing credit, exporters can maintain a smooth production cycle, fulfill export orders on time, and remain competitive in international _________ _________ _______ ________ ___ _______.
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