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Global incoterms

Incoterms, or International Commercial Terms, are globally recognized shipping rules that define the responsibilities between buyer and seller. They help clarify who is responsible for freight costs, insurance, customs clearance, delivery, and risk during each stage of the shipment.

  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 show where the seller’s responsibility ends and where the buyer’s responsibility begins.

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