Incoterms 2020: What is that? Introduction Of Incoterms 2020!
In this video, Adrian The Logistician explains what Incoterms are and why they matter for your import-export business. Incoterms are a set of standardized shipping terms that define the responsibilities of buyers and sellers in international trade. They were created by the International Chamber of Commerce to make international trade easier and more efficient by reducing misunderstandings and disputes between buyers and sellers.
In this video, Adrian will cover the following topics:
What are Incoterms?
How are Incoterms created?
Why are Incoterms important for your import-export business?
The different types of Incoterms and how they work
If you're new to import-export or you're looking to improve your understanding of Incoterms, then this video is for you! Watch it today and learn how to use Incoterms to protect your business and save time and money.
Link to Easy Guide to Incoterms: • Video
00:00 Introduction
00:18 What are Incoterms?
00:33 When were Incoterms created?
00:47 Why are Incoterms created?
01:01 How are Incoterms created?
01:16 What are the benefits of Incoterms?
01:36 Link to Easy Guide To Incoterms
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