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From:
Trade Finance Global
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CIF (Cost, Insurance and Freight) Incoterms® [UPDATED 2025]
https://www.tradefinanceglobal.com/incoterms/cif-price-cost-insurance-and-freight/
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CIF (Incoterm®) - the seller pays for the freight insurance and delivery of goods to the end port. Once on the ship, it is the buyer's risk.