What are international terms of sales?
International terms of sales, also known as Incoterms, play a pivotal role in global commerce, providing clear guidelines on the responsibilities of buyers and sellers in international transactions. These terms are designed to facilitate smooth trade across borders by standardizing the shipping practices, legalities, and logistics involved in the global marketplace. Whether you’re a seasoned exporter or a newcomer to international trade, grasping the essence of these terms is essential for ensuring successful transactions and minimizing risks.