WebbIncoterms 2024 dictates that the CIF Incoterm, or “Cost, Insurance and Freight”, is exclusive to maritime shipping. Under CIF, the seller is responsible for the cost and freight of … Webb23 aug. 2024 · CIF stands for Cost, Insurance and Freight, a commercial rule under incoterms 2024 wherein the expenses are borne by the seller -- from delivering goods …
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