Terms of Export & Commercial Sale
In Accordance with ICC Incoterms® 2020 & International Chamber of Commerce Rules
1. Contractual Standard
All sales contracts, spot shipments, and long-term procurement frameworks initiated through WESTBEKIA are governed by standard ICC Incoterms® 2020 (CIF, FOB, CFR, or FCA as explicitly specified in the formal Proforma Invoice).
2. Inspection & Purity Guarantee
Unless mutually waived in writing, every export consignment is subject to independent third-party inspection (SGS, Bureau Veritas, or Intertek) at the Egyptian loading port. The issued Certificate of Analysis (COA) and Inspection Manifest shall constitute definitive evidence of quantity and quality.
3. Payment & Trade Finance
Supported settlement mechanisms include Irrevocable Confirmed Letter of Credit (LC) payable at sight, Escrow bank release upon Bill of Lading (BL) verification, or agreed Telegraphic Transfer (TT) tranches.
4. Force Majeure & Maritime Risk
Neither party shall be liable for delay caused by natural disasters, port embargoes, international maritime blockades, or government export bans, provided immediate formal notice is served within 48 hours of occurrence.