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Cost and Freight (CFR) is an Incoterm. It means that the seller pays for transportation to the Port of Loading (POL), loading and freight. The buyer pays for the insurance and transportation of the goods from the Port of Discharge (POD) to his factory. The passing of risk occurs when the goods pass the ship's rail at the port of shipment which means that this term cannot be used for airfreight or land transport and also is inappropriate for most containerised sea shipments - the term CPT is the appropriate one for these.
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30.09.2010
President
of Azerbaijan in Baku inspected imported new cars
n order to improve the quality of taxi services in Baku
brought modern cars that meet European standards.
September 30 President of Azerbaijan Ilham Aliyev
inspected the new cars.
more »
27.09.2010
Azerbaijan can allocate additional funds for the
Georgian section of Baku-Tbilisi-Kars
Ministry of Finance of Azerbaijan does not exclude the
possibility of additional funding for work on the
Georgian section of Baku-Tbilisi-Kars.
more »
28.09.2010
In Georgia, have introduced fines for throwing litter
from vehicles
Georgian authorities have once again tightened measures
against environmental pollution.
more »
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