Incoterms® are rules created by the ICC (International Chamber of Commerce), internationally recognized, that define rights and obligations between buyer and seller and establish how the costs and risks will be allocated between the different parties of a transaction.

The Incoterms are updated every 10 years due to the evolving nature of trade and changing needs. For example, the use of DAF (Delivery at Frontier) has become obsolete and was removed as the concept of frontiers has diminished in many parts of the world

Don't forget to specify a location when using an Incoterm, as it is crucial in determining the responsibilities and obligations of the parties involved in a trade

In the realm of international business, it is essential to have a comprehensive understanding of business practices, as it is a critical factor for success

Below are some tips that may assist you in gaining a better understanding of communication protocols