Cross-trading is the oldest way of trading. In these types of transactions, contracts and protocols between the two governments are usually executed, and central banks of the two governments are launching special accounts for commercial and financial operations.
The important methods of cross-industry trade are:
1- Dealing with:
A form of mutual trade is the direct exchange of goods and services for the exchange of goods and services between the parties and without the exchange of money.
A form of mutual trade in which the exporter of goods or services to a country mutually purchases goods or services from the same country. This purchase includes two independent deals:
The first contract (in reciprocal purchase) is like conventional international sales contracts whereby the seller delivers the goods to the buyer and receives the price for the agreed cash at a glance.
The second contract relates to the obligation of the primary seller to buy from another country, which is usually a bit wider and more complex.
3. Compensatory Transaction:
A form of mutual trade in which the importer will pay all or part of the price of the goods purchased to the exporter in the form of goods.
4. BACKBACK TRADING:
This transaction is another form of mutual trade in which purchases of factories, machinery, production equipment, or technology are delivered to the seller in return for the delivery of products directly or indirectly. Basically, this contract is similar to foreign investment and is a kind of technology transfer.
5. Offset transaction:
A form of mutual trade in which the exporter of equipment (often aviation and military) undertakes to purchase parts of the equipment or other products from the importing country or make them purchase.
6. Transitional exchange:
Transitional transfer is the transfer of surplus in trade accounts of bilateral bond agreements, which are made by the creditor of these accounts to a third party in exchange for a valid exchange currency. This transaction is not a commodity exchange, but an exchange transaction, the deal broker after selling the complex operations, sells the goods in exchange for a credible currency, and after the deduction of his payment, the remainder is delivered to the creditor.