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Global incoterms

Incoterms, or International Commercial Terms, are pre-defined global shipping agreements communicating the tasks, costs, and risks of transporting and delivering goods.

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  1. Clarify Responsibilities: Specify who (buyer or seller) is responsible for paying for and managing the delivery of goods, including insurance, transportation, and customs clearance.

  2. Reduce Risks: Clearly define when the seller’s responsibility ends and the buyer’s responsibility begins.

IncoTerms 1UP cargo PNG.png
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