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The purpose of Incoterms 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 are mitigated. Priority’s well versed staffed is fully capable of assisting you with properly using and interpreting the terms.

The following chart provides a graphical representation of the key points of each Incoterm. The current standard is Incoterms 2020.