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Month: April 2023

Incoterms FCA: Free Carrier

Incoterms FCA: Free Carrier

Incoterms FCA, also known as Free Carrier, is a vital trade term that outlines the responsibilities of the seller and buyer when transporting goods in international trade. This term specifies the exact point in the shipment process where the seller’s responsibility...
Incoterms EXW: Ex Works

Incoterms EXW: Ex Works

Incoterms EXW, short for Ex Works, is a set of standardized trade terms developed by the International Chamber of Commerce (ICC) to facilitate international trade and reduce misunderstandings among traders from different countries. These terms define the obligations...
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