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 Hi David,
I have been reading through your answers and still have a few queries regarding this industry.
I understand that there is a procedure that must take place and a lot of people learn their trading knowledge from the Internet reading false offers etc.
My problem is this;
I have a supplier of D2 that own stakes in several refineries. I don't have any contract or mandate from him, he only lets me take part in his allocations and gives me a quick chance to find a buyer. The offer seems to be the same always. I don't trust him to assure me with a commission and therefore I don't want to give his details out.
What would be the easiest way to secure both me and the buyers intermediate? How do I go by to get them introduced to each other?
Best regards,
Joakim
Answer
Dear Joakim
There is no way to EFFECTIVELY protect commission as a sourcing intermediary- you must become a special intermediary defined as the "Seller/Buyer"- You buy from the supplier using the funds of the end buyer to do so, in where the difference remains in your account-
But you cannot enter into a such a deal unless you study and learn some basic procedures made for intermediary use- - which takes months to learn- FTN is ostensibly the leading Intermediary expert in the world today- We have created the only viable intermediary study application in full, supported by rules and laws-
99.9% of net trader don't know what they are doing-
Please refer to all past answers when youy read this advice - all informaiton you seek is here, but agan without the study applciaiton , most of the advice will not make sense to you-
REGARDS
DAVIDE PAPA
ENDUCTION: WWW.FTNEXPORTING.COM
MEMBER/PRICES; WWW.FTNX.NET
