:: Welcome to PTraans Logistics India Pvt. Ltd. ::

    Follow us on

about us services group companies useful info network careers global presence
Incoterms

Incoterms
Purpose
The purpose of Inco terms is to provide a set of international rules for the interpretation of the most commonly used trade terms in foreign trade.
Thus, the uncertainties of different interpretations of such terms in different countries can be avoided or at least reduced to a considerable degree.
Chart of Responsibility
When negotiating an international sales contract, both parties need to pay as much attention to the terms of sale as to the sales price. To make it as clear as possible, an international set of trade terms (INCOTERMS) has been adopted by most countries that defines exactly the responsibilities and risks of both the buyer and seller including while the merchandise is in transit.
Ptraans Footer
Website Design and Website Development By Sharptech