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International trade terms

Today let’s share to International trade terms

The first kind of is applicable to any transportation.

 CIP - Carriage and Insurance Paid

 CPT - Carriage Paid To

DAP - Delivered At Place 

DAT - Delivered At Terminal  

DDP - Delivered Duty Paid

EXW - Ex Works

The second type for sea and inland transportation.

CFR - Cost and Freight

CIF – Cost, Insurance and Freight

FAS - Free Alongside Ship

FOB - Free On Board