Olingoco Contracts

Ex-Works, FOB, CIF or DDP: Which one to choose?

Incoterms are a compilation of laws used in global commerce. They are fundamentally 3-letter words that describe who is responsible for conveyance expenses and complications. EXW, FOB, and CIF are the most standard terms you’ll encounter if you are researching for tools to do business with China. All such terminology […]