Export

The term export means shipping the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" and is based in the country of export whereas the overseas based buyer is referred to as an "importer". In international trade, "exports" refers to selling goods and services produced in the home country to other markets.

Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. The advent of small trades over the internet such as through Amazon and eBay have largely bypassed the involvement of Customs in many countries because of the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export. An export's counterpart is an import.

History

The theory of international trade and commercial policy is one of the oldest branches of economic thought. Exporting is a major component of international trade, and the macroeconomic risks and benefits of exporting are regularly discussed and disputed by economists and others. Two views concerning international trade present different perspectives. The first recognizes the benefits of international trade. The second concerns itself with the possibility that certain domestic industries (or laborers, or culture) could be harmed by foreign competition.

Engineering

Engineering is the application of mathematics, empirical evidence and scientific, economic, social, and practical knowledge in order to invent, innovate, design, build, maintain, research, and improve structures, machines, tools, systems, components, materials, and processes.

The discipline of engineering is extremely broad, and encompasses a range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied science, technology and types of application.

The term Engineering is derived from the Latin ingenium, meaning "cleverness" and ingeniare, meaning "to contrive, devise".

Definition

The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as:

History

Engineering has existed since ancient times as humans devised fundamental inventions such as the wedge, lever, wheel, and pulley. Each of these inventions is essentially consistent with the modern definition of engineering.

Export Promotion Council

The Export Promotion Council of Kenya (EPC) Kenya’s premier institution in the development and promotion of export trade in the country. Established in 1992, EPC’s primary objective was to address bottlenecks that were facing exporters and producers of export goods and services with a view to increasing the performance of the export sector. The Council was therefore established for the purpose of giving an outward orientation to an economy that was hitherto inward looking. Over time, the EPC has fully embraced the mandate of co-ordinating and harmonising export development and promotion activities in the country, providing leadership to all national export programmes. Today, EPC is the focal point for export development and promotion activities in the country.

The Export Promotion Council (EPC) was established on August 19, 1992 through Legal Notice No. 4342, with the mandate of developing and promoting Kenya’s exports. In pursuit of its mandate, the EPC primary objective is to address bottlenecks facing exporters and producers of export goods and services in order to increase the performance level of the export sector. It also provides a forum for dialogue between the exporting fraternity and relevant public and private sector institutions and organizations through Sectoral Panels..