Understanding Incoterms

2018-12-21T10:13:46+01:00Blog, ENG Blog|

The Difference among EXW, FOB, and CIF price Incoterms (otherwise known as International Commercial Terms) are commercial terms made by the International Chamber of Commerce that are used for international commercial transactions and processes. Knowing these terms will make it easier for different organizations or institutions to communicate regarding their plans on trade transportation. [...]