PE 425 – BASICS OF COMMERCIAL DIPLOMACY Online/Distance Learning Course SECTION 11 BASICS OF INTERNATIONAL TRADE: EXPORTING AND IMPORTING ALAN L. WHITEBREAD. FREIGHT FORWARDER. At the beginning of a sale, they can provide the exporter with a quotation for regular or infrequent shipments for
PE 425 – BASICS OF COMMERCIAL DIPLOMACYOnline/Distance Learning CourseSECTION 11BASICS OF INTERNATIONAL TRADE:EXPORTING AND IMPORTINGALAN L. WHITEBREAD
At the beginning of a sale, they can provide the exporter with a quotation for regular or infrequent shipments for
“… a Customs Broker prepares and files the necessary Customs entries, arranges for the payment of duties found due, takes steps to effect the release of the goods in Customs custody, and represents their clients in custody matters. ”
This is in addition to all the duties of a freight forwarder.
INCOTERMS: E and F GroupsE Group: Seller makes goods available at its dock. F Group: Seller arranges and pays for transportation to a named place in Seller’s country.
INCOTERMS: C GroupSeller arranges primary transportation [and sometimes insurance] but title transfers to the Buyer when the goods have passed the ship’s rail or been delivered to the destination port or place.