Incoterms
**Incoterms**
What is Incoterms?
Incoterms (International Commercial Terms) are a set of standardized trade terms published by the International Chamber of Commerce (ICC). They define the responsibilities of sellers and buyers for the delivery of goods under sales contracts, specifying who is responsible for paying for and managing shipment, insurance, documentation, customs clearance, and other logistical activities. Incoterms are used worldwide to avoid misunderstandings and disputes between international trade partners.
Which job functions commonly mention Incoterms?
Which organizations are mentioning Incoterms?
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