Turkey continues to extend relations with neighboors

Jordan and Turkey agreed on Saturday to sign a stalled Free Trade Agreement (FTA) before the end of the year according to Jordan Times.

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Proforma Invovice

Pro forma invoice is recommended as a source of contact between the buyer and seller. It must be appropriately identified for what it is with the word pro forma clearly labeled on top of the invoice. It is an important source for information such as the seller and buyer’s names and addresses. By using a specific date on the pro forma invoice, the seller could revise the final invoice to reflect the new dynamics.

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Incoterms

EXW (+ the named point of departure)

ExWorks

EXW applies to goods available only at the seller’s premises. Buyer is responsible for loading the goods on truck or container at the seller’s premises, and for the subsequent costs and risks.

In practice, it is not uncommon that the seller loads the goods on truck or container at the seller’s premises without charging loading fee.

The term EXW is commonly used between the manufacturer (seller) and export-trader (buyer), and the export-trader resells on other trade terms to the foreign buyers.

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Nigerian Scam (4-1-9)

The Nigerian Advance Fee Scheme (also known internationally as 4-1-9 fraud after the section of the Nigerian penal code which addresses fraud schemes) is generally targeted at small and medium sized businesses, as well as charities. This global scam (recently seen in Russia, Southeast Asia, Australia, and New Zealand, as well as the US) involves the receipt of an unsolicited letter purporting to come from someone who claims to work for the Nigerian Central Bank or from the Nigerian government. (The Central Bank of Nigeria denies all connection to those who promote this scheme.)

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Trade with China (I)

Hey Friends. Today i want to write something about for Chinese producers and how we can make import from China. Which points are important? How we can find true and real producers.

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Trade With China

Hello;

On my last article, i wrote something for Chinese Producers and issues with them. This time I will touch this problems with different ways.

Everybody says “Chinese goods are awful” well is it true. Are they really cheap jack, or is it lie. Of course on chine we can find more than millions bad quality goods; however we can find a lot of good quality goods. For example; some of well known brands has factory in China (nike, nokia, Sony etc.).

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