FAS Free Alongside

In Incoterms FAS the seller delivers the goods placing them alongside the ship named by the buyer at the agreed port of shipment. The export clearance is done by the seller. This Incoterm is only used for certain commodities and…

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Fast track

In United States, fast track procedures for approval of trade agreement were included by the U.S. Congress in trade legislations in 1974, in 1979, and again in the 19888 Trade Act. Fast track provides two guarantees essential to the successful…

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