Month: August 2022

Water is the source of life. Human beings need to drink a certain amount of water each day. The amount of water a person needs to drink depends on many different aspects. It depends on the person’s physical activity levels, age, health condition as well as environmental conditions.  Even though daily water intake is crucial,[...]

There is a myriad of terminology associated with shipping. Naturally, some terms are similar to each other. Knowing the terms is very important for the legal safety of the processes. So much so that inaccurate and incomplete documentation may end up in the ICC International Court of Arbitration. To avoid such problems, it is important[...]

The export market is growing with each passing year, with the advancement of technologies and the improvement of global communication. The supply-demand balance also affects changes in the export and import data. Turkey exports a wide range of goods to all countries. The United Kingdom is one of the most significant nations in long-standing export[...]

Sustainability as a subject is gaining more and more importance in the world as humans are realizing the impact they have on the environment. The future of the Earth is strictly related to our current practices. Therefore, in many different areas of life sustainable practices have been drawing attention.  Trade is one of the subjects[...]

Apricots are among the favorite fruits in the whole world. In addition to its benefits as food, it also finds a place for itself in the cosmetics and pharmaceutical industries. This fruit, which is beneficial for most areas of life, is grown in various parts of the world. Yet, some countries stand out in apricot[...]

Overall, international trade can be quite confusing. Every country has its own laws and regulations exporters and importers need to be aware of. Similarly, for a successful and problem-free trading experience, both parties need to know their responsibilities. This is exactly where Incoterms come into play. Incoterms are essentially a set of terms published by[...]

One of the terms frequently used in international shipping is the bill of exchange. A bill of exchange is a document. The seller or exporter prepares this document and forwards it to the buyer or importer. This document is a negotiable instrument. Thus, it guarantees a certain amount of payment to a certain person. Another[...]