Group E (Departure):

1) EXW – Ex Works (…named place): Ex works means that the seller (exporter) delivers when he places the goods at the disposal of the buyer (importer) at the seller’s premises or another named place (i.e. works, factory, warehouse, etc.) not cleared for export and not loaded on any collecting vehicle. This term thus represents the minimum obligation for the seller (exporter), and the buyer (importer) has to bear all costs

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