At a meeting of the Dispute Settlement Body (DSB) on 30 June, WTO members took the floor to welcome the commitment made at the WTO’s 12th Ministerial Conference (MC12) to engage in discussions aimed at securing a fully functioning dispute settlement system by 2024.
A new joint publication draws attention to the technical and legal tools that may be used by governments to transition to cross-border paperless trade and to improve the efficiency of export/import procedures. The “Cross-border Paperless Trade Toolkit”, published by the WTO, in collaboration with the United Nations Economic and Social Commission for Asia and the […]
The CPT 2020 Incoterms stands for “carriage paid to”. It could be used with any mode of transport including multimodal transport. With the CPT the transfer of risk takes place when the goods have been handed over to the […]
Under the Free Carrier (FCA) 2020 Incoterms, the transfer of risk happens in two ways depending on the agreed named place of delivery. (A2) Case number one : The named place is in the seller’s premises In this […]
Under the Ex Works 2020 Incoterms (Exw), the transport is fully organized by the buyer. The transfer of risks takes place when the goods have been placed at the buyers’ disposal ready to be loaded by the buyer himself […]