Mostafa Nezamparvar

Page 59 of the supplied copy

Lesson 46: Using International Contracts and Incoterms

English translation of the author’s Persian text. Source-page references refer to the original edition.

Author: Mostafa Nezamparvar · Original book text

Specifying transport and delivery responsibilities in trade terms
An educational illustration created with AI for this section of the book.

Using International Contracts and Incoterms

(Incoterms).

Exporting is not simply sending a box to the other side of the world and saying, “Get it to the customer.” Incoterms, or international commercial terms, are standard definitions and rules that specify who is responsible for transport, insurance, customs clearance and delivery. You need to know exactly which type of contract to choose to reduce both costs and risks. But even if you tried to arrange something with a friend, they would probably tell you, “Kid, go and grow up a bit, then come back to make a contract!”