One country may foreign currency can be saved and national trade can be improved by implementing cost, insurance and freight (CIF) contract on export and free on board contract (FOB).import. Also the country will increase its export turnover and reduce its import turnover, thereby improving its international trade balance.
Moreover there is another issue is that about the third party, who is the shipper. If any thing happened wrong or damaged during the loading the goods, then who will take the responsibility.
the issue of third party should be explianed
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