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CIP

Posted on July 25, 2019June 20, 2021 by Tim H
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CIP stands for “Carriage and Insurance Paid To.” – CIP Incoterms requires that the seller delivers the goods to the carrier or named person at an agreed location. The seller contracts to pay for carriage to the agreed location and the cost of insurance. The seller is required to clear goods through export only.

 

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