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CIF and CFR (C&F): Obligations of the Parties and Transfer of Risks | #difference between cif and cfr

CIF and CFR (C&F): Obligations of the Parties and Transfer of Risks

CIF and CFR (C&F): Obligations of the Parties and Transfer of Risks

This article aims to provide a basic understanding of CIF and CFR terms. It also discusses some of their variants – CIFFO and C&FFO. These terms are usually used with Incoterms.