The head of the International Chamber of Commerce (ICC) has written an open letter calling on major institutions to protect small businesses impacted by economic sanctions on Russia. John W.H.… read more →
Letters of credit are one of the most commonly used trade finance instruments, and they are a great way to increase security and mitigate risk during a trade transaction
In this article, Swati Goyal talks about environmental, social, and governance goals, and the rise of the sustainable commodities industry
As with all eleven of the Incoterms 2020 rules, article A1 tells us that the seller must provide the goods and the commercial invoice in conformity with the contract of sale and any other evidence of conformity that may be required by the contract.
With DPU Destination Airport for aifreight the goods are indeed unloaded from the aircraft at the airport as part of the seller’s contract of carriage.
With DPU Destination CFS for LCL the goods are indeed unloaded from the container at the CFS as part of the seller’s contract of carriage.
In Incoterms 2010 there was an interesting rule introduced at the last minute: DAT Delivered at Terminal. We assumed few were using DAT, and here’s how DPU came about.
Trade finance plays a crucial role in the transition to a sustainable future, but how can financial institutions communicate this effectively? KNECTCOMMS’ Kamyar Naficy offers some advice