Incoterms also known as trade terms, constitute the basic elements of international contracts of sale and are widely used in trade and commerce. Incoterms 2020 are valid from 1st January 2020 and they give clarity to the parties engaged in trade deals regarding what to do with respect to carriage of the goods from buyer to seller, and export & import clearance. They also explain the division of costs and risks between the parties.

The lure of Amazon lies in its capability to offer a large scale consumer market to the sellers while at the same time empowering them with tools and infrastructure to start and run business without any large scale investment. With their Fulfillment by Amazon (FBA)...

Online retail giant add more pressure to local businesses by opening its Garden store on Australian marketplace. The new garden store was rolled out on Tuesday and adds to the Amazon Australia's existing collection of electronics, clothing and domestic products. While talking to media the...