CARM: What all importers need to know about CARM



DDP, Delivered Duty Paid

Under DDP Incoterms, the seller delivers the goods to the buyer, cleared for import, and not unloaded from the arriving means of transport at the named place of destination. Seller bears all risks and costs including any duty or customs formalities at destination. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #38
How cultural differences affect international business transactions

CREEEPSS is an acronym that stands for Culture, Religion, Education, Economics, Environment, Politics, Social and Special characteristics.

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