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What are the main responsibilities of the seller and buyer when goods are sold “CIF Kobe”?

The seller must pay the costs of the goods and the insurance and freight to Kobe. The buyer must pay all costs, including duty, after delivery on board the ship at Kobe.

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Written by Ship Inspection

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What is the main benefit of a CIF contract?

What are the main responsibilities of the seller and buyer when goods are sold on a CIF basis?