INCOTERMS – exactly what are they?
Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by and is a registered trademark of the International Chamber of Commerce (ICC) widely used in international commercial transactions. Incoterms are a series of three-letter acronyms related to common sales practices, and are intended primarily to clearly communicate the tasks, costs and risks associated with the transportation and delivery of goods. The […]