Incoterms, or International Commercial Terms, are standardized trade terms that define the logistics responsibilities of buyers and sellers in international transactions. Sriya Ent explains how these terms specify risk transfer points and cost allocations for shipping, insurance, and tariffs. Understanding Incoterms is essential for minimizing disputes and ensuring smooth, efficient international trade operations.
Mastering International Trade: Decoding Incoterms and Payment Terms for Export-Import Success Basically, the need to write this blog came, based on my recent interaction with an MSME exporter. In my recent consultation with an MSME (Micro, Small, and Medium Enterprises)…
