Introduction In today’s interconnected world, no country can function in isolation. Businesses, big and small, depend on cross-border trade to thrive. And at the heart of this exchange are understanding international trade agreements These agreements are not just legal documents—they are frameworks that determine how goods, services, and investments flow between nations. Understanding international trade […]
If you’re into global trade, you’ve probably come across terms like FOB, CIF, EXW, and DDP. These are part of the official set of rules known as Incoterms (International Commercial Terms), created by the International Chamber of Commerce (ICC). Incoterms define who is responsible for costs, insurance, risks, and transport at each stage of a […]
