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CPT and CIP Incoterms define responsibilities in shipping, with CIP including insurance. Choosing the right Incoterm impacts risk and cost.
Switching from DDU to DAP Incoterms shifts risk and cost responsibilities, with DAP covering delivery to the destination and customs duties.
Incoterms clarify roles and responsibilities in shipping, outlining costs and processes involved in international transactions.
When shipping freight internationally, understanding Incoterms is essential for aligning buyers and sellers globally during shipping contract negotiations.