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Incoterm 2020

Know more about Incoterm

Incoterms® (International Commercial Terms) is a term for standardized rules for purchase and sale contracts.

In the context of national and international transportation, Incoterms® define, among other things, when the transfer of risk between buyer and seller takes place and which party bears the costs during transportation. Incoterms® is a registered trademark created by the International Chamber of Commerce.

The list is valid from 1 January 2020.