Commonly Used Terms of Delivery in Manufacturing (Incoterms)
Donlouco
MARCH 6, 2023
The International Chamber of Commerce ( ICC ), through its International Commercial Terms ( Incoterms ), provides a set of international rules for the interpretation of the most commonly used trade terms in international transactions. Incoterms define the responsibilities of purchasers and sellers for the delivery of goods, including the costs and risks associated with the transfer of goods from the seller to the purchaser in different locations.
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