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What is "underwriting"?
Underwriting means that an enterprise accepts all or part of the products of another enterprise under certain conditions, which is one of the foreign trade management methods. Exporters export a commodity or a kind of commodity to a certain area within a certain period of time and hand it over to foreign businessmen for contract sales.

Through the underwriting agreement, the two sides establish a stable long-term business relationship, and each specific transaction is based on the underwriting agreement. Sign a separate sales contract.

The reimbursement relationship diagram is as follows: