Ex works” means that the seller fulfils his obligation to deliver when he has made the goods available at his premises (i.e. works, factory, warehouse, etc.) to the buyer. This term thus represents the minimum obligation for the seller. FCA (Free Carrier –
Characteristics of the delivery type: Seller keeps the goods in its enterprise for the order of the buyer on the predetermined date. Buyer prepares the required documents receiving the goods from the enterprise, after completing the customs clearances for export, and imports them to its own country. As of the delivery of the goods in the enterprise, all the expenses and risk regarding the goods are borne by the buyer.
Seller`s Obligations: Seller keeps the goods ready for the order of the buyer in compliance with the agreement terms and conditions after preparing them, on the specified date, at the place designated in the agreement for such period (factory, warehouse, workplace etc.) in the manner that it they are not embarked on any transport vehicle. Notifies the buyer regarding the fact that the goods are kept ready for the order of the buyer. Assists buyer to receive the documents with regard to the export. In the event that the buyer so-
Buyer`s Obligations: Pays the value of the goods in compliance with the agreement terms and conditions. On condition that all expense and risk shall be borne by itself, it arranges the required license, etc. administrative and commercial documents regarding the goods for all kinds of export and import transactions, receives the required consents, carries out the customs clearances, and pays the customs taxes. From the moment it receives the goods in seller`s enterprise, all kinds of respective risk and expenses regarding the goods are in the responsibility of the buyer. It pays the fee of the freight for the transport of the goods entering into an agreement with the transport agency. Buyer must provide the documents and evidences regarding its receipt of the goods to the seller. Buyer must pay all kinds of costs of inspections, including the examination expenses stipulated by the export country, prior to the loading.