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I have a question to ask. . .

2016-03-07View Original

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At present, the **National Development and Reform Commission has granted crude oil import rights to more than a dozen local refineries. I would like to know what steps these local refineries need to take in China after signing CIF supply contracts for crude oil with overseas suppliers Thanks first!
Reply #22016-05-09
I’m not quite sure what your question is. Based on a literal interpretation, if the contract is structured under the CIF terms, which cover delivery to the port of destination, the actions that need to be taken in China are as follows: 1–Monitor any changes regarding the shipment date and the quality checks at the loading port; 2–Issue the necessary documents and instructions as soon as possible; 3–Open a letter of credit; 4–Arrange for the port and storage area where the goods will be received; 5–Keep an eye on the status of the ship
Reply #32016-05-09
Just add the top margin and pull it back; it’s mainly a problem with the vehicle

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