Q
The seller has great responsibility:
the seller bears all risks and costs of transporting the goods to the designated destination, including transportation, insurance, export and import customs clearance fees and all taxes and fees. The responsibility and risk are the greatest among all international trade terms.
Wide coverage of costs:
the seller needs to pay all costs during the transportation of the goods, such as freight, insurance, export customs clearance fees, import tariffs, value-added tax and other taxes and fees.
Late risk transfer:
the risk of the goods is transferred from the seller to the buyer only when the goods are transported to the buyer’s designated place and delivered.
Flexible transportation methods:
applicable to any mode of transportation, including sea, air, land and multimodal transport.
Less worry for the buyer: the buyer only needs to receive the goods at the designated place, without having to deal with complex logistics and customs clearance processes, providing convenience for the buyer and enhancing customer satisfaction.
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Specific applicable scenarios:
applicable to new market development, e-commerce delivery, etc., and also applicable to situations where the buyer has no import experience and is sensitive to the type of goods, etc.
