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Is CFR and CIF same?

Is CFR and CIF same? Cost and freight (CFR) is a trade term that requires the seller to transport goods by sea to a required port. Cost, insurance, and freight (CIF) is what a seller… Is CFR and CIF same?

What is incoterm CIF?

What is incoterm CIF? Under the Incoterms 2020 rules, CIF means the seller is responsible for loading properly packaged goods on board the vessel they’ve nominated, cost of carriage to the named port of destination… What is incoterm CIF?