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  • WTO issues 2020 Annual Report May 28, 2020
    The WTO’s Annual Report, published today (28 May), provides a comprehensive account of the organization’s activities in 2019 and early 2020. The Report opens with a message from Director-General Roberto Azevêdo and a brief overview of the year. This is followed by in-depth accounts of the WTO’s main areas of activity over the past 12 […]
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  • 2020 WTO Public Forum cancelled May 28, 2020
    After careful consideration of COVID-19 related uncertainties and health concerns, the WTO has decided to cancel this year’s WTO Public Forum, scheduled for 29 September to 2 October. This decision responds to the complexities around planning to host thousands of people from around the world for a public event under the WTO roof, as well […]
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  • DDG Wolff: This is the time to consider the future of the multilateral trading system May 27, 2020
    The outbreak of the COVID-19 pandemic has heightened the urgent need to examine the underlying principles and values of the WTO and whether the organization needs change, Deputy Director-General Alan Wolff said on 27 May. Speaking at a webinar hosted by the Korean International Trade Association, DDG Wolff called for immediate action to control the […]
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  • Members discuss impact of COVID-19 on developing economies’ participation in world trade May 26, 2020
    On 26 May, WTO members assessed the impact of the COVID-19 pandemic on the trading capacity of developing countries in a virtual meeting of the Committee on Trade and Development. The new chair, Afghanistan’s WTO Ambassador, Mohammad Qurban Haqjo, said: “Trade must form part of the solution in assisting and supporting recovery in developing countries.”
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Delivered at Place DAP



 

 Any types of transport mode, including Multimodal Transport

Delivered at place

In this case, the Seller must bear the pre-carriage, main carriage and post carriage costs up to the agreed place of the destination (Buyer’s warehouse for e.g.).

The Seller bears all costs and risks (damage and loss) until the goods are delivered at the agreed place, however the unloading is under the buyer’s responsibility. In other words, the delivery is deemed completed (transfer of risks to the buyer) when the goods are placed at the buyer’s disposal, ready for being unloaded in the agreed named place.

The Seller is also liable for export custom clearance formalities (such as export licence).

In much the same way, the Buyer must comply with import custom clearance (such as import licence, duties, taxes, VAT).

Any pre-shipment inspection that might be required by law in the seller’s country is at the seller’s expense.

Furthermore, the seller has the obligation to provide the transport documents needed by the buyer for claiming the goods from the carrier

Although there is no formal obligation regarding insurance coverage, upon buyer’s request the seller must provide any information needed for insuring the goods (at the buyer’s expense)

The Seller must assist the Buyer for obtaining documents that might be required for the importation.

Note that the related costs engendered by such assistance are at the Buyer’s expense.

Usual Documents required:

  • Commercial Invoice
  • Documents as agreed in the contract
  • Transport documents:

Caution!

It is very important to specify the exact point of delivery in the country of destination (transfer of risks to the buyer) as well as obtaining a contract of carriage, which reflects this precise location.