Incoterms aims to provide a set of international rules for the interpretation of trade terms most commonly used in foreign trade. This way, you can avoid or at least significantly reduce the uncertainty of different interpretations of such terms in individual countries. Incoterms rules only regulate the relationship between sellers and buyers under purchase and sale agreements. The Incoterms rules deal with the seller’s obligation to place the goods at the disposal of the buyer or hand them over for carriage or deliver them to their destination, and with the distribution of risk between the parties in these cases.
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