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International Chamber of Commerce from NTRPCO

What is INCOTERMS ? (PART1)

Rasha Pergas Co. | October 27, 2018

The Incoterms or International Commercial Terms are a series of pre defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. They are widely used in international commercial transactions or procurement processes and their…..

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INCOTERMS from NTRPCO

What is INCOTERMS ? (PART2)

Rasha Pergas Co. | October 27, 2018

Rules for Any Modes of Transport EXW – Ex Works (named place of delivery) The seller makes the goods available at their premises, or at another named place. This term places the maximum obligation on the buyer and minimum obligations…..

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INCOTERMS TABLE from NTRPCO

What is INCOTERMS ? (PART3)

Rasha Pergas Co. | October 27, 2018

Rules for Sea and Inland Waterway Transport To determine if a location qualifies for these four rules, please refer to ‘United Nations Code for Trade and Transport Locations (UN/LOCODE)’. The four rules defined by Incoterms 2010 for international trade where…..

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Article: How much influence does OPEC have on global oil prices?

Rasha Pergas Co. | November 15, 2018

In the short term, the Organization of Petroleum-Exporting Countries (OPEC) has significant influence on the price of oil. Over the long term, its ability to influence the price of oil is quite limited, primarily because individual countries have different incentives than OPEC as…..

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INCOTERMS TABLE from NTRPCO

What is INCOTERMS ? (PART3)

Rasha Pergas Co. | October 27, 2018

Rules for Sea and Inland Waterway Transport To determine if a location qualifies for these four rules, please refer to ‘United Nations Code for Trade and Transport Locations (UN/LOCODE)’. The four rules defined by Incoterms 2010 for international trade where…..

Read more
INCOTERMS from NTRPCO

What is INCOTERMS ? (PART2)

Rasha Pergas Co. | October 27, 2018

Rules for Any Modes of Transport EXW – Ex Works (named place of delivery) The seller makes the goods available at their premises, or at another named place. This term places the maximum obligation on the buyer and minimum obligations…..

Read more
International Chamber of Commerce from NTRPCO

What is INCOTERMS ? (PART1)

Rasha Pergas Co. | October 27, 2018

The Incoterms or International Commercial Terms are a series of pre defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. They are widely used in international commercial transactions or procurement processes and their…..

Read more