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Incoterms® 2020 Explained for Import Export Global Trade

Incoterms® 2020 have been updated, read and download the new Incoterms® chart here: https://incodocs.com/blog/incoterms-2... Incoterms® are Internationally recognized terms that are published by the International Chamber of Commerce (ICC). Buyer and sellers use Incoterms® to agree on the International sale and supply of goods in global trade transactions. Buyers and sellers must accurately understand how Incoterms® work and agree to sell goods based on 11 Incoterms®: EXW - EX Works or EX Warehouse FCA - Free to CArrier FAS - Free Alongside Ship FOB - Free On Board CFR - Cost and Freight CIF - Cost, Insurance and Freight CPT - Carriage Paid To CIP - Carriage and Insurance Paid to DAP - Delivered At Place DPU - Delivered at Place Unloaded (note DPU replaces the old Incoterm® 2010 DAT) DDP - Delivered Duty Paid The buyer and seller must agree to Incoterms® and display them correctly on sales contracts and documentation. Exporters and importers use IncoDocs.com to connect to create and share sales and shipping documentation required for global trade. Use IncoDocs to confirm more orders and get products shipped Internationally. Try it free at https://incodocs.com/