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What is the detailled meaning of the INCOTERMS Ex-Works ?

detailled ex-works INCOTERMS
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What is the detailled meaning of the INCOTERMS Ex-Works ?

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The INCOTERMS rule the relations (payment, risk transfer…) between the two parties of a business transaction. According to the Ex-works Terms, the more usual in international trade, the seller put the commodities at the disposition of the carrier designated by the buyer. The risks are transfered to the buyer as soon as the seller entrusts the commodities the carrier. It is why, to make life easier to the Partners, we advice a Door to Door air freigth carrier.

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