The seller must do the following:
① Responsible for the port of shipment and the period of shipment stipulated in the contract, in accordance with port practices.
Load the goods on the ship designated by the buyer and issue a shipping notice to the buyer in time.
② To bear the various expenses and risks before the cargo crosses the ship's rail.
③ Go through the export procedures and provide various documents stipulated in the contract.
(Cost, insurance and freight)-CIF price
Seller's responsibilities:
(1) Responsible for chartering or booking space, loading the goods on the ship and paying the freight to the destination port within the time limit of the port of shipment stipulated in the contract, and notify the buyer after shipment;
(2) Responsible for all costs and risks before the goods are loaded on the ship;
(3) Responsible for insurance and payment of insurance premiums;
(4) Responsible for handling export procedures and providing certificates issued by the government of the exporting country or related parties;
(5) Responsible for providing relevant shipping documents, including formal insurance documents.
Buyer responsibility:
(1) Bear all costs and risks after the goods are loaded on the ship;
(2) Accept the relevant shipping documents provided by the seller and pay the goods according to the contract;
(3) Handle import procedures for receiving goods at the port of destination.
2) Import and export business
- Business negotiation refers to the negotiation between the buyer and the seller on the transaction conditions.
- Signing the contract
- Performance of the contract