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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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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