by IOR Africa | Jul 29, 2024 | Blog, Delivered Duty Paid DDP, Importer of record ior
In the complex world of international trade and shipping, understanding the roles and responsibilities of various parties involved is crucial. One of the key players in this process is the Importer of Record (IOR). This entity assumes legal and financial...
by IOR Africa | Aug 25, 2021 | Blog, Customs Clearance, Delivered Duty Paid DDP, Exporter of Record, Freight Forwarding, Importer of record ior, Logistics, Supply Chain, Trade Compliance
Incoterms In the past, the problem that buyers and sellers encountered when shipping goods internationally was who would bear the losses. If a defect occurs during transportation, who will be held responsible? Where does the seller’s responsibility end? For all these...
by IOR Africa | Aug 1, 2021 | Blog, Delivered Duty Paid DDP
DDP Incoterms In international trade, incoterms are a set of standard commercial terms used in letters of credit and other shipping documents to specify how the seller will deliver the goods and who pays for transportation costs. The delivered duty paid incoterm is...
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