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.
Question Davide,
Thanks for the PPI cert. info.
We got quote from supplier, then sent our quote to end buyer who accepted so we accepted supplier quote. Now Supplier has issued Draft offer as requested.
Question:
1. Supplier wants CIF as opposed to FOB. Should we tell them its a deal breaker or go ahead and work with CIF. End buyer will work with either (I know you strongly recommend FOB for PIA)
If we go with CIF, how do we ensure this works out right? What cautions must we take?
Thanks!
Riz.
Answer
Dear Rizio
How can I advise on such a matter? I am here to answer straight forward questions- You now ask me "How Do we close a CIF" deal? Thats' a whole process- Which happens to be the most difficult deal application of all-
On top of that you are ready to enter into such a complex deal without knowing what to do- I find that astonishing.
Really Rizio!!! I suggest you stick to FOB- I have never heard of a supplier dumping a simpler FOB deal to favour a CIF deal? Unless he wants to find out who your end buyer is-
I can't help with such a question it's just too complex- If my own agents secured a CIF deal it means 3 weeks of constant personal support and advice- Get my point.
Go back to past CIF answers- There you will find pages upon pages of CIF information that might help-
