Incoterms - terms of delivery in international trade | www.alandpost.com

Incoterms - terms of delivery in international trade

What happens if a product is damaged or lost during shipment between two countries? When such a situation arises, it is covered by a global set of trade rules - Incoterms (International Commercial Terms).

Incoterms are a set of rules used to clarify who is responsible for transportation, insurance, taxes, and other costs related to the delivery of goods.

Who is responsible for what?