Incoterms: Meaning, Chart & List of Incoterms
Navigating the complexities of international trade can be daunting. One essential tool that facilitates smooth transactions between importers and exporters is Incoterms. Incoterms, short for International Commercial Terms, are standardized terms used in sales contracts to define the responsibilities and liabilities of buyers and sellers throughout the shipping process. This guide will explain what Incoterms …