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Traders can’t interpret Terms
The lack of knowledge to interpret international terms of trade (INCOTERMS) is to blame for the high cost of doing businesses among importers and exporters, the secretary general of the Uganda Shippers...
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Nigeria to Change from FOB to CIF
The Federal Government of Nigeria is set to change its trade policy from the present Free on Board (FOB) to Cost, Insurance and Freight (CIF) which most countries across the world use because of its...
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Law firm cautions – Multiple Contracts can be Confusing
Law firm Shepstone and Wylie cautions traders to be well aware of the legal considerations to be taken into account when negotiating an international trade transaction. When importing or exporting...
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ICC – The mightiness of three capital letters
Who would have guessed that a collection of three-letter acronyms would have had such an impact on the development of international (and domestic) commercial transactions? A group of industrialists,...
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Unpacking ICC's Digital Initiatives for global trade
ICC is partnering with government, business and other stakeholders to create digital solutions that will advance economic prosperity for all. In line with ICC’s Declaration for the Next Century of...
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