What does the term Ex-works mean?

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What does the term Ex-works mean?

Written by admin
Wednesday, 20 August 2008 13:42
Ex works...(named place) means that the seller fulfils his obligation to deliver when he has made the goods available to the buyer at his premises. He is not responsible under this term for loading the goods on the vehicle provided by the buyer or for clearing the goods through customs for export, unless otherwise agreed.