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What are the different types of Incoterms?

There are a total of 10 different types of Incoterms, which are broken down into two main categories: Those that apply to any mode of transport and those that apply to sea and inland waterway transport only. The most commonly applied Incoterms used for goods being imported into Timor-Leste are FOB (Free On Board), CFR (Cost and Freight), and CIF (Cost, Insurance and Freight).

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