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  • Items proposed for consideration at the next meeting of Dispute Settlement Body February 28, 2020
    The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 28 February 2020, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.
    WTO
  • US donates USD 600,000 to further developing countries’ trading capacities February 25, 2020
    The United States contributed USD 600,000 (CHF 590,000) in 2019 to help developing and least-developed countries (LCDs) participate effectively in global trade negotiations. This donation will finance training workshops for officials from WTO member governments to help them deepen their understanding of multilateral trade rules and strengthen their negotiating capacity.
    WTO
  • Lithuania donates EUR 50,000 to enhance developing countries’ trading capacity February 24, 2020
    Lithuania is contributing EUR 50,000 (CHF 53,000) to help developing and least-developed countries take an active part in global trade negotiations. The contribution was acknowledged by Director-General Roberto Azevêdo at a meeting with Lithuania’s Minister of Foreign Affairs, Linas Linkevičius, on 24 February 2020.
    WTO
  • Third anniversary of Trade Facilitation Agreement sees increasing implementation rate February 22, 2020
    Three years since the Trade Facilitation Agreement (TFA) entered into force on 22 February 2017, WTO members have continued to make steady progress in its implementation. Director-General Roberto Azevêdo, on the occasion of the TFA’s third anniversary, welcomed members’ efforts to ensure traders can reap the full benefits of the Agreement.
    WTO

Ex Works ( EXW)



 

 Any types of transport mode, including Multimodal Transport

Ex Works Incoterms 2010

Ex Works

With the Ex Works Incoterms® rule, the number of obligations are very limited since all that is required is to provide goods at the Seller’s premises (manufactory, warehouse, workshop etc.).

The Seller does not even have to load the goods in the pre-carriage vehicle. If the client formally requests it, the Seller can perform this task. However, any potential damage during the loading process will be under the buyer’s responsibility.

Therefore, the transfer of the risks (loss or damage) occurs as soon as the seller makes the goods at the Buyer’s disposal in his own warehouse.

In this case, the Seller avoids most of the risks associated with a cross-border transaction.

In much the same way, the Seller does not have the duty to handle the export clearance process. Nevertheless, upon buyer’s request, the seller must provide assistance for obtaining necessary documents (Export licence, official authorisation and other formalities, document for transport) with the related costs at the expense of the buyer.

When a pre-shipment inspection is required, this will be at buyer’s expense.

View PageWhen should I use Ex Works (EXW) Incoterms rule?

It must be borne in mind that this incoterm can be particularly burdensome for the buyer who has to handle the whole process from the seller’s country to the domestic market.

Needless to say that, unless the buyer is familiar with the exporter’s country or has sufficient human resources, this incoterms rule can easily be perceived as a deterrent to business relationship development.

This is why the Ex Works (EXW) Incoterms rule is more adapted to domestic transactions.

Therefore, sellers willing to limit the extent of their obligations and sell internationally should choose the Free Carrier (FCA) Incoterms rule, instead.

Usual Documents required:

Commercial Invoice