What is EXW? – EXW incoterms 2020 (Ex Works) is the latest version of EXW ICC’s Incoterms. Ex Works is belong to group E (Departure), the seller makes the goods available to the buyer at the delivery point indicated by the seller. The seller is not obliged either to customs or export clearance and does […]
Category Archives: Knowledge
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Nov
Nov
Incoterms 2020 are divided into four groups (C, D, E, F). The rules are classified according to the fees, risk, responsibility for formalities, as well as issues related to import and export. Division of Incoterms 2020 In group C (Main Carriage Paid), the seller concludes a transport contract with the forwarder and takes the costs. […]
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Nov
Nov
What is Incoterms? What the Incoterms rules do and not do? and How best to incorporate it? These questions will be answered below with a short introduction of latest version (Incoterms 2020) of it. What is Incoterms? The Incoterms or International Commercial Terms, are a series of pre-defined commercial terms published by the International Chamber […]
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