Fluency in Incoterms® is helpful for any contractor or materials supplier engaged in international trade. Most recent articles discussing construction and international trade emphasize how tariffs can ...
International trade is a complex web of regulations, agreements and logistics. For those whose businesses rely upon international trade two things are certain, (1) tariffs will impact your supply ...
What Are Incoterms & How Do They Impact International Trade? Incoterms, short for International Commercial Terms, are a set of internationally recognised rules established by the International Chamber ...
Read on to learn more about what Ex Works actually means, and the advantages and disadvantages of using this Incoterm when buying goods from abroad. Ex Works – also expressed as the three-letter code ...
In last week’s article, we discussed the relevance of Incoterms 2020 as well as the salient features of Incoterms EXW (Ex Works), FOB (Free On Board), CPT (Carriage Paid To) and CFR (Cost and Freight) ...
In his 1983 radio address to the nation, President Ronald Reagan said: “The winds and waters of commerce carry opportunities that help nations grow and bring citizens of the world closer together.” At ...
Off the back of my last blog it occurred to me that although many exporters understand that incoterms must be used and the importance of these, for those still indulging in the hand shake or bush ...
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