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A Certificate of Origin is a certified document that states what the country of origin is of a specific product. As the International Chamber of Commerce (ICC) states, ‘it declares the ‘nationality’ of your product. Certificates of Origin are one-time documents that accompany your shipments.

When goods are bought or sold “Delivery at Place” (DAP) it means that the Seller delivers the goods to a place previously agreed to by the seller and the buyer. This can be any location.

When goods are bought or sold “Delivery at Terminal” (DAT) it means that the Seller delivers the goods to a terminal at destination previously agreed to by the seller and the buyer. This can also be a road transportation hub or a quay.

The past month has been extremely busy when it comes to Brexit news. But there was more happening in the world of global trade. Same as last month: an update on free trade agreements that were signed, negotiated, or announced.

When goods are bought or sold “Carriage and Insurance Paid” (CIP) it means that the Seller delivers the goods to a destination previously agreed to by the seller and the buyer.