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We sell CIF, but with the current (middle-east) situation we cannot obtain war cover and risk finding no cover at all. What is our position?
Answer:In an Incoterms CIF (and CIP) contract, the seller procures insurance for the buyer.
In any C-prefixed sale, the seller has no cargo risks as they ...
Many South African exporters have been benefitting from preferential trade agreements internationally. The African Growth and Opportunity Act (AGOA) trade agreement with the United States has been one of the most significant ones for South African exports since it was enacted in 2000.
The USA announced on the 2nd November 2026 that they have decided to...