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Incoterms
The purpose of International Commercial Terms (Incoterms) is to provide a set of international rules for the interpretation of the most commonly used trade terms in foreign trade.
Each Incoterms rule specifies:
The obligations of each party (example: who is responsible for services such as transport; import and export clearance..)
The point in the journey where risk transfers from the seller to the buyer
So by agreeing on an Incoterms rule and incorporating it into the sales contract, the buyer and seller can achieve a precise understanding of what each party is obliged to do, and where responsibility lies in event of loss, damage or other mishap.
Market Insights
Access market specific business content, the most recent information, and insights for conducting business in Australia and Asia.
Find information using market resources below:
-> Doing Business in Australia
Reference: Data provided by Grantthornton
-> Doing Business in Vietnam
Reference: Data provided by Asialink
-> Doing Business in China
Reference: Data provided by Bakermckenzie
-> Doing Business in Korea
Reference: Data provided by PWC
-> Doing Business in Japan
Reference: Data provided by PKF
-> Doing Business in Singapore
Reference: Data provided by Asialink
-> Doing Business in Indonesia
Reference: Data provided by Asialink
-> Doing Business in Philippines
Reference: Data provided by Asialink
-> Doing Business in Thailand
Reference: Data provided by Grantthornton
Export Insights
Access market specific export content, the most recent information, and insights.
