Incoterms (International Commercial Terms) are a set of rules developed by the International Chamber of Commerce (ICC) to govern the responsibilities and risks between buyers and sellers in international trade. They serve as standardized trading conditions and help to avoid misunderstandings and ensure the smooth conduct of international business. Incoterms

Incoterms (International Commercial Terms) are internationally recognized rules that regulate the responsibilities and obligations of buyers and sellers in international trade. They are laid down by the International Chamber of Commerce (ICC) and define who is responsible for transportation, insurance, customs duties and risks during transport. The Incoterms are particularly