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INCOTERMS (INTERNATIONAL COMMERCIAL TERMS)

INCOTERMS (INTERNATIONAL COMMERCIAL TERMS)

Carriage and delivery modes used for international commerce and buyer and seller responsibilities (responsibilities of buyer and seller, payment of material cost, licence, authorities and formalities, carriage and insurance responsibilities, delivering/receiving, correct the damage, sharing of expenses) concerning them are carried out according to current INCOTERMS document. (the current document is INCOTERM 2000).

Defense Procurement Terms