International Trade Risks and Prevention Strategies under EXW Terms
Introduce the potential risks and solutions in international trade under the EXW terms, as well as how to safely manage the issues of advance payments and final payments.
Trade Terms | The Meaning of CIP, the Difference from CIF and Precautions for Use
Understanding the meaning of the CIP trade term, the difference from the CIF term, and the precautions for using CIP is crucial for ensuring clear contract terms and the smooth progress of transactions in international trade.
Trade terms | CPT: A comprehensive understanding of its advantages and application suggestions
Have you ever been confused in international trade and didnt know how to choose the most suitable trade terms? Dont worry, the editor is here to clear the fog for you! Today, we are going to talk about the CPT terms, a rather important but often misunderstood concept in international trade. From cost sharing to transportation responsibilities, from delivery convenience to transportation risks, this article will comprehensively and meticulously analyze the CPT terms, enabling you to be invincible in the trade battlefield!
Trade Terms | Obligations of the Buyer and Seller under FAS
FAS is a delivery clause in trade terms, which is the abbreviation of Free Alongside Ship. In Chinese, it is generally translated as Free Alongside Ship. FAS stipulates the obligations and responsibilities of the seller, which specifically include the following aspects:
Trade Terms | Obligations of the Buyer and Seller under DDP
November 6, 2024 13:39
Trade Terms | Obligations of Buyer and Seller Under FCA
FCA stands for Free Carrier. Translated into Chinese, this term means delivered to carrier. Typically, the exporter delivers the goods to a specified location, where a designated carrier, appointed by the importer, will collect them.
Trade Terms | Obligations of the Buyer and Seller under FOB
FOB is the abbreviation of Free On Board, also known as free on board and delivery on board. Usually, when the goods cross the ships rail at the designated port of shipment, the exporter has fulfilled its delivery obligation.
Trade Terms | Obligations to be Fulfilled by Buyers and Sellers under EXW
EXW, short for EX Works, is called Ex - Works (named place). Usually, the exporter has fulfilled its obligation to deliver the goods when it places the goods at its business premises or other designated places (factory, warehouse) for the importer to take delivery.
Changing from FOB to CIF? In - depth Interpretation of the Flexibility of Foreign Trade Freight Settlement
Can FOB terms in a foreign trade contract be changed to FIC later? This article provides in-depth interpretation of the flexibility in foreign trade freight settlement, helping you understand why post-contract changes are feasible and how to easily handle various changes and challenges in foreign trade.
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