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Responsibility for transfer costs under the CIF clause
12 April 2024
In international trade, the CIF (Cost, Insurance, and Freight) clause stipulates that the seller must bear all costs and risks until the goods are delivered to the agreed destination port, including insurance fees and shipping fees in the process of transportation of goods. However, in accordance with the CIF clause, shipping costs, especially additional costs arising from specific circumstances, such as check fees, are often the responsibility.
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