Like “true cinnamon” can only come from Sri Lanka, some buyers say the only “true” vanilla comes from Madagascar. For some that might be the case, other buyers are open for alternative origins like Indonesia and Uganda which also produce the Planifolia variant.
We would like to bring you up to speed with the InCoterms 2020. The most significant change relates to the term FCA (Free Carrier). It now allows the buyer to instruct the carrier to issue a Bill of Lading with an onboard notation to the seller. By doing so, it satisfies the terms and conditions of a Letter of Credit.