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English definition of “indirect import”

indirect import

noun [C or U]     COMMERCE, ECONOMICS
a situation in which a company buys products from someone in another country using an intermediary (= a person or organization that arranges business agreements), or a product that is bought in this way: The direct or indirect import of diamonds from the country was banned. Some of these goods are indirect imports. → Compare direct import
indirect importing noun [U]
(Definition of indirect import noun from the Cambridge Business English Dictionary © Cambridge University Press)
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