What is the best point to agree on Best Incoterms: The best Incoterm to use and point at which to agree, apply and use an Incoterm, is dependent on the type of trade; the product involved and the experience + [...]
Overview of difference between Incoterms 2000 and 2010 Listen here to the audio blog equivalent. Ask An Expert: Discussion with renowned global trade expert Murdo Beaton and Abdul Mann, creator of the cloud-based export solution EdgeCTP. Geoff: OK, today can [...]
Documents for Exporting Goods: There is a range of documents that you need when sending goods overseas. Most of these documents are needed for: clarifying the terms of the trade to parties involved; meeting regulatory (customs) requirements of required countries/jurisdictions; [...]
Overview: Use of old Incoterms in Trading. Can we still use old incoterms in trading, like Incoterms 2000 (or older), in international trade today; instead of using the current Incoterms 2010 (or the coming Incoterms 2020)? Listen to the equivalent [...]
CFR Incoterms 2010 CFR Incoterms 2010 means Cost and Freight. Click here to listen to the audio blog version. As An Expert CFR Incoterms 2010 discussion with renowned global trade expert Murdo Beaton and Abdul Mann, creator of the cloud-based [...]
Overview What is the best Incoterm to use to make sure payment is received? Click here to listen to the audio blog version. Ask An Expert Discussion with renowned global trade expert Murdo Beaton and Abdul Mann, creator of the [...]
Why should I take my business global: Remember, necessity is the mother of invention; so creating uncertainty is necessary for your growth. And if you’re not growing, well, you’re dying. So don’t rest on your laurels, it’s time to grow [...]
Trade Mission: Before exporting your goods and/or services to a particular country or market region, it is vital to perform a minimal amount of market research for your product/service. As part of the research is to visit the region to [...]
In International Trade: Understanding Incoterms is a vital part of being a successful exporter because they define in precise terms the responsibilities of both seller and buyer in the delivery of the goods from the seller to the buyer. That [...]
'Incoterms' are Delivery Terms in the sense that they outline, in detail, what is required to be done by both parties. The handling location is the location that has been chosen to effect the 'exchange' of goods, which denotes delivery [...]