Month: November 2017

With its vast and abundant fertile soils Indonesia is a major global key producer of a wide variety of agricultural tropical products, and although agriculture’s share of the country’s gross domestic product (GDP) has declined markedly during the last five decades, it still provides income for the majority of Indonesian households today. In 2012 this…

EXW—Ex Works: the seller ‘delivers’ when he or she places the goods at the disposal of the buyer at the seller’s premises or another named place. The goods will not have been cleared for export and not loaded onto any collecting vehicle. Under Ex-Works the seller has no obligation to load the goods. FCA—Free Carrier:…