Traditional Culture Encyclopedia - Traditional stories - One of my foreign trade companies exported a batch of goods to British businessmen CIF London. The seller ships the goods within the stipulated time of shipment and obtains the bill of lading.

One of my foreign trade companies exported a batch of goods to British businessmen CIF London. The seller ships the goods within the stipulated time of shipment and obtains the bill of lading.

CIF is a trade term of Group C, which refers to cost insurance &; Freight, including cost, insurance and freight.

In CIF trade terms, the boundary of risk division between buyers and sellers is the ship at the port of shipment. The risk of loss or loss of the goods after delivery, as well as any extra expenses caused by accidents, shall be borne by the buyer. This is Incoterm2000' s explanation. According to Incoterms 20 10, as long as the goods are shipped, it is not related to the seller, and the risk has been transferred.

So the buyer's request is unreasonable. Can be dismissed.