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Incoterms 2010 Chart of Responsibility

By admin on November 14, 2012 in Shipping Dictionary, Shipping Terms, Shipping Tools

This chart illustrates the relationship between the seller and the buyer in international trade, and  provides a useful tool both for day-to-day work and for drawing up contracts of sale. The chart is based on the trade terms contained in Incoterms 2010 approved by the International Chamber of Commerce and dealing with the seller’s and buyer’s obligations to one another.

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