About Us
Lotexim is a consortium created by several commercial enterprises from different countries, specializing in foreign economic activity and logistics, to jointly concentrate their efforts and opportunities in order to develop the markets of the EU and non-European regions.
lotexim
Our consortium was created by companies and entrepreneurs from the EU, Azerbaijan, Kazakhstan, Germany, Ukraine, Turkey, Georgia, who have significant experience in foreign economic activity, developed productive contacts and ties with energy producers, agricultural products and its processors, logistics, using, which, we are able to work out practically any export contract concluded in the shortest but permissible reasonable terms.
Also, we can organize the sale of significant consignments in foreign markets at the request of producers who do not have a real opportunity or desire to independently engage in foreign economic activity or to select and deliver a product of interest to the customer in accordance with established criteria for price, quantity and quality.
In addition to working with goods, we provide services in the development and implementation of logistic schemes for the supply of complex cargoes to complex regions, assist in creating legal schemes for paying for goods to clients from difficult regions, and develop promising investment projects using advanced technologies and innovations.
How we are working
In foreign economic activity, we follow the procedure below:
1) The Buyer directs the OFFER (ICPO) (Letter of Intent) and BCL (Letter from the Bank on the Solvency of the Buyer) to the Seller.
2) The seller, in response, sends the Buyer ACCEPT (FCO - Full Corporate Offer).
3) The Buyer accepts the terms of the FCO (Full Corporate Offer), as evidenced by his signature and seal on the FCO, and sends it back to the Seller.
4) The Seller sends the Buyer a Draft Contract with full bank details and a letter of credit form.
The draft contract is signed by both parties and sent by fax or e-mail.
5) A hard copy of the Contract is made by the Seller and sent to the Buyer.
6) The Buyer puts his signature / stamp on all copies and returns 2 (two) hard copies of the Contract to the Seller.
7) The Seller and the Buyer send (transmit), if necessary, hard copies of the Contract to their banks.
8) The Buyer's Bank provides the Seller's Bank (POF) a Certificate of Cash Availability for the transaction.
9) The Seller’s Bank or the Seller, in response to the Certificate, provides the Buyer’s Bank or the Buyer with a Product Availability Certificate (POP).
10) The Buyer provides the Seller’s Bank with a pre-advised Letter of Credit, which must be approved by the Seller’s Bank.
11) The Seller provides the Buyer with a 2% Contract Execution Guarantee (PB) to activate the Buyer's Letter of Credit.
12) Shipment and delivery of the Goods are carried out in accordance with the terms of the Contract.
But, we always try to find mutual understanding with a potential client in this matter.
Reference and other useful information for doing business can be found here