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FAQ
Frequently Asked Questions
INCO terms define responsibilities between buyers and sellers in international trade. They specify who pays for shipping, insurance, and customs duties, clarifying obligations.
Freight forwarders manage logistics, including booking cargo, arranging transportation, and handling documentation. They streamline shipping processes for businesses.
CIF means the seller arranges and pays for shipping to the buyer's port, while FOB means the buyer is responsible once goods are loaded onto the ship. FOB can save costs, but CIF offers more convenience.
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