Why were incoterms introduced?

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1068654

2026-03-27 01:50

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Incoterms is an abbreviation (International Commerce Terms ) of International Commercial Terms. The goal of the Inco terms 2010 is to alleviate or reduce confusion over interpretations of shipping terms, by outlining exactly who is obligated to take control of and/or insure goods at a particular point in the shipping process.

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