Highlights:,EXW means the seller's only duty is to make goods available at their premises.,The buyer takes on all costs and risks associated with transporting the goods.,EXW is less practical for U.S.

For example: Strategic Use of Incoterms. Selecting the appropriate International Commercial Terms, otherwise known as Incoterms, in international contracts is crucial for allocating tariff-related ...

The FAS (Free Alongside Ship) is an Incoterms rule that has its roots in the days of sailing ships. It requires the seller to place the goods alongside the vessel nominated by the buyer. FAS is rarely ...

Bob’s background in exporting and importing stretches over more than 50 years, initially in international banking then in the world of international commerce.