AboutDavide Andrew Papa Expertise All matters pertaining to assisting Private import export INTERMEDIARIES, AGENTS and BROKERS Regarding International trade Laws and procedures,Letters of credits, as per UCP 600,Presentation, Commissions,International Rules of agency, and Incoterms 2000. All matters pertaining to shipping documents relating to the Import and export of products from one country to another.All matter for buyers and sellers of commodity products relating to the import and export industry.FTN with the introduction of UCP 600 will release the publication "The world is yours"(2004) made specifically for Intermediaries.Current inhouse tra ining manual is "Follow the Yellow Brick Road"(2008) Our advice website is www.ftnexporting.com
Experience FTN exporting founder Davide Papa has been trading for over 20 years- and has dealt with a huge variety of corporate entities including Gold and crude oil suppliers. FTN appeared in a major controversial Newspaper editorial in 1994. FTN Exporting official publication "International Trade and the Successful Intermediary"(ITSI) is about to be released world wide (December 2009) by the prestigious U.K publishing firm Gower's (U.K) and is listed on Amazon.com (Keyword: International Trade Intermediary) ITSI is ostensibly the first uniform intermediary trading doctrine of its kind, and will become the standard intermediary practice world wide in years to come. FTN exporting has created the said doctrine and supporting rules of trade defined as "URPIB" (Uniform Rules and Practice for Intermediaries and Brokers), which will (has?) become the most successful set of private intermediary rules ever created.
Publications The World is Yours and "Follow the Yellow Brick Road" www.ftnexporting.com . Author of "International Trade and the Successful Intermediary " (ITSI) 2009 excepts on http://www.gowerpub.com/default.aspx?page=637&calcTitle=1&title_id=11177&edition_id=12138
Education/Credentials Let school early. Became a master chef . Took up business management and later studied "international Trade at Stott's college Melbourne, Australia.
I am uttermostly grateful for the prompt and genuine set of unavoidable procedures you had laid out to seal a Potential Deal.
Is there anything URPIB Traders can offer when one has a buyer instead of a supplier @ any point in time?
I do have a reliable buyer for D2 Gas Oil and Crude Oil now.
Answer Dear Luqman
Thank you for you compliments. Much appreciated. Great effort and nerves of steel were needed to challenge the flawed procedures offered on the net in the last 15 years or so-
This is the wrong forum for this question- Let me answer it so other may read my reply-
(1)The crown of all deals are crude Oil, Gold and perhaps financial instruments- they are the most difficult of all deals and the most illusive or all products to secure-
(2) In 21 years trading FTN has come across perhaps once or twice of each said products from then 1000's that are nothing more than rubbish.
(3) Supply must be obtained first ( offer or quote in had from a direct supplier) to have supply of MUCH wanted goods is not that hard to secure buyers for-If i had oil i would place it on the FTNX board and it would move fast at most times-
(4) Sure Timing is everything- When you get supply , buyers seem harder to secure- when you have buyers , supply is hard to secure- but sometime the two come together at the right time and that's when deals get closed.
(5)The worst thing a trader can do is to secure crude oil because he has a buyer" in where the deal fials - becaue the supplier will never give you another allocation again- Burning suppliers is not a good thing.
(6) The very best situation under such circumstances is that - when a genuine 100% end buyer is nagging you for supply is to only accept an "inquiry to source-" that is you guarantee nothing- and you go direct to suppliers and make the offer to buy yourself-
(7) You are at the mercy of the terms and conditions offered by such a supplier- you study such T and C and make the offer to your buyer- or if you have done all the work and have disclosed information on both side but don't know how to close te deal safely then you need to find someone who will close the deal for you on commission share basis-
(8) You are playing with the devil twice in such a circumstances- but you have no other choice- You need to trust the person closing the deal or you need to risk burning supply or getting your self in big legal trouble with the end buyer and supplier-The potential to make big gains versus risk. One thing is for sure you 'll never make anything if you do not act on the information you have-
If yhe Person selected y to close the deal thinks he knows how to close such a deal but does not- then you will kill the deal anyway-
(9) Accordinly it is YOU who has to take the risk-It is you who has to decide which path you are going to take-It's your skill and abillity to do so that will count at the end.You have to decide-
(10) The only way you are going to ever be 100% sure of not being "shafted" is to study procedures, learn the edicts, practice- then look for and secure supply - then seal the deal yourself as buyer/seller with your end buyer- that's the 100% safest way to close such a deal- anything less - risk of failure become apparent depending on what path your take-
I hope the above is clear and of help-
Kind regards
Davide Papa
www.ftnexporting.com
www.ftnx.9f.com
www.itsi.itgo.com
