The INCOTERMS published by the International Chamber of Commerce (ICC) have long served the international community by offering a “shorthand” for communicating key shipping terms. INCOTERMS are so ...

THE implications of a well-managed supply chain are becoming clearer as companies see the efficiencies of scale and value a well-executed supply chain brings to an organisation. The role of ...

An Incoterm meaning that the cost, risk and responsibility shift from the seller to the buyer when the goods are turned over to a carrier at a designated place.

MANILA, Philippines — In 1936, the International Chamber of Commerce first introduced the International Commercial Terms (Incoterms) to establish a commonly accepted definition and rules related to ...

This fourth and second last part of our mini-series on the Tanzanian import taxation regime seeks to explain the significance of Incoterms (or International Commercial Terms) in international ...